Is it Advisable to buy coins pumpdotfun?

[albon]

Actually this is the first time i am familiar with such sites but the way their trust talks are presented may not be safe. I'm not bashing anyone for following my guess but the crypto world is different because if your money is scammed you will never get it back. There are many of these ideas and techniques people are making money from so we may have disagreements. Moreover there will be risks associated with such crypto investment options, so it may be foolish to assume that they are 100% safe.

[taufik123]

You ask and then answer it yourself, it looks funny.
If your real goal is to educate people not to buy the coin, then change the title to "pumpdotfun coins are not worth buying", that would be more suitable. You just need to explain why it is inappropriate and should be avoided.

[Cryptsafe]

I had to check the website for myself to see what is obtainable there but I am not comfortable and convinced about the whole settings. This is my first time of hearing about such website. If such website renders such services, how come it is not that popular?

I see a connect wallet option which makes me sceptical about the whole stuff. I think OP should properly do an elaborate explanations about the website and their services rendered so that we do not make any mistake.

[Faisal2202]

My answer is No. 99% of coins on pump.fun are not legitimate. The best way is to wait for the coin to get stronger before trying to invest.
What are your opinions? Has anyone here been lucky with any token from pump.fun?

I am not familiar with this site, OMG the site has around 6 million users and the layout of the site is just so unsophisticated. It looks like a spam site but after seeing the traffic there I think its either a hidden gem that is kept hidden from many people or its really a spam site that no one give a shit about it. Overall, the site also contains adult content.

I really fear clicking on any link so for instance, I will not, but if you want to know of any legitimate way to buy coins especially meme coins then before buying them search about them, investing in such coins is not so profitable as things can go wrong in a matter of second because Meme coins are highly volatile. SO please avoid such risky trading.

[hugeblack]

Investing in such projects requires that the answer for most of us be “do not invest” and that you have logical reasons for investing and are lucky to achieve these reasons. Otherwise, do not invest.

[Mr. Magkaisa]

My answer is No. 99% of coins on pump.fun are not legitimate. The best way is to wait for the coin to get stronger before trying to invest.
What are your opinions? Has anyone here been lucky with any token from pump.fun?

       -    It is no longer good to buy coins from pump.fun because recently that platform has been exploited several times by hackers, not just once, so it is no longer safe to invest there because most of them are just meme coins.

But if you want to stop gambling, you can do it there. If you're willing to throw money away, go ahead and invest in that platform because it's your money that will be used there.

[salad daging]

Investing in such projects requires that the answer for most of us be “do not invest” and that you have logical reasons for investing and are lucky to achieve these reasons. Otherwise, do not invest.

Exactly. Do not invest in the end we will lose with memes it is not investment advice, there is no get-rich-quick scheme in investment.

When someone asks me if investing in memes is good, I will not be then what I say is why not choose bitcoin, you don't need to think about high prices because someday the price can be higher than now.

[robelneo]

All the advice says it is too risky the name of the domain connotes that it's a pump and dump and we all know that when coins or tokens are marked pump and dump the probability of losing is high and gaining profits is low.
Go with the fundamentals when looking for coins or tokens to invest, investment should be profitable and not risky only gamblers go to this kind of platform and they have enough funds to lose.

[Crwth]

Hmm. I don't know what pump.fun is but I know that there is something like mint.fun as well. Maybe it's the same? It's like the NFT version of it. There's nothing real and it's copied IMO. I have yet to try pump.fun though but I don't think it will be a good idea.

[Freemind]

Reminds me of a time when a scam clone website of bitmain had a big red announcement claiming that the others were fake and that they were the only legit ones. Crappy websites will always try to ensure the clients that exactly what's going to happen is not going to, which we all now how it will end in reality.

The language used and the way of speaking is totally focused on users with less experience, and on that "website" they say exactly what these new users want to hear, that everything is going to work perfectly and that they are going to earn large amounts of money with the investment, and practically without any risk of loss. I hope no one uses that website or connects their wallet, but unfortunately it will be too late for some. There should be a blacklist for sites like that, the more users knew about the websites added to that list, the fewer users would be scammed.

[akeemqaz]

I got rugged so many times on that site though I make a few gains as well but most of the time I got dumped by devs as it is very common on that site someone will jeet you maybe devs or whales so beware. You need to get the best luck in there as things will happen very fast so make trial and error and work on your strategy to outsmart others trying to get your funds out. For now I refrain from investing on that site but some people are profitable there there are fast and smart so yeah I got a lot of shitcoins in my wallets right now from there hahaha

You absolutely understand me better than anyone here. I swap different shitcoins to shitcoins also. If I think one will be better than other, I sell and swap to that. But Tbh, I've never been lucky. Haha.
I just can't take my eyes away from doing try and error hoping to get lucky one day. But all I do have in mind is I'm burning some money with hope and I've always been right so far. I know I'm gonna be wrong one day.lol

[akeemqaz]

Are meme coins and shitcoins legitimate? All these meme coins are nothing buy a product of pump and dump coins with nothing valuable for people, they don't have anything serious to add to people and nothing specifically and special to do as projects, just pump and dump and nothing more, that's what all meme coins are doing even the one's you call legitimate ones.

Some meme coins are legitimate. Examples are Dogecoin and Shiba Inu. These coins are supported worldwide. Although, I somewhat agree with you because 90% of all meme coins are pump and dump schemes. However, you know new meme coins are just like a betting platform where you can either lose your money or get rich. And the probability of winning is lower than losing.

[akeemqaz]

You ask and then answer it yourself, it looks funny.
If your real goal is to educate people not to buy the coin, then change the title to "pumpdotfun coins are not worth buying", that would be more suitable. You just need to explain why it is inappropriate and should be avoided.

I actually stated my opinion. My topic is a question for people to either support or go against my opinion. I said it's not safe because of my experience, but there might actually be people who know how to go around it, and I've seen a reply that gave me more insight into how it works.

[akeemqaz]

I had to check the website for myself to see what is obtainable there but I am not comfortable and convinced about the whole settings. This is my first time of hearing about such website. If such website renders such services, how come it is not that popular?

I see a connect wallet option which makes me sceptical about the whole stuff. I think OP should properly do an elaborate explanations about the website and their services rendered so that we do not make any mistake.

It's actually like a launchpad on the Solana network where anyone can create a token and add liquidity without being able to remove it. When this token gets to a particular market, it will be automatically added to Raydium. You can read more about it here: https://www.bsc.news/post/what-is-pump-fun

[Freemind]

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@akeemqaz, double posting is not allowed on the forum. You don't need to write 4 posts in a row in the same thread when you can quote each post and include them all in the same post. Please respect the rules and we will keep the forum with the most organized information. Thank you.