Warning Signs When Investing On Meme coins

[Gurujebs]

I don't know exactly how safe it is to invest in memecoins. But I try to stay away from investing in memecoins most of the time. Several years ago I invested in memecoin and lost a lot of money.  I am afraid to invest in memecoins. But if I can invest in memecoins in the first place or there is a possibility of getting some profit, but I can't risk all my money for this little profit.

There are some altcoins that are worst than meme coins but because meme coins are what they are, we quickly know their true existence. Some meme coins like PEPE were intentional and some of them has made a lot of people millionaires with just little they have invested despite been a meme coins and what their true intentions were. But you see some of this altcoins that promise to do somethings in there Whitepaper, they are the worst because they promise to do a lot of things but in the end, they don't do what they promise their investors.

[armanda90]

There are some altcoins that are worst than meme coins but because meme coins are what they are, we quickly know their true existence. Some meme coins like PEPE were intentional and some of them has made a lot of people millionaires with just little they have invested despite been a meme coins and what their true intentions were. But you see some of this altcoins that promise to do somethings in there Whitepaper, they are the worst because they promise to do a lot of things but in the end, they don't do what they promise their investors.

Some meme coins success make many people become millionaire not only with Pepe but also if you can memorize well with Shiba Inu how many people become success.
Currently have meme coins of Solana network Wifcoin first time launching with most cheapest price but after listing on the binance pump drastically and become millionaire for any one have strong hand for holding.

Do you have good recommendation for any meme coins has potential for us become millionaire in the future? seems not bad ideas spending around 100$ for meme coins until seven kinds and wish has one will give us chance become millionaire.

[kulkhan]

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[kulkhan]

Since the last bull run, I have tried to stay away from meme coins. You all remember how it was with Shiba Inu, AKA Doge Killer. Many people make a huge amount of money from Shiba Inu tokens, and I also invested only a few dollars. But then I made only 2x its profit and exited the market.

However, one of my colleagues and a friend decided to invest more while he was already making a profit. He invested a couple of thousand dollars, and then it collapsed. Later, he ended up with an overall loss from a huge profit. Even if it wasn't my loss, I have learned a lesson from his loss.

Yes your diction is appropriate meme coin is risky i also think. So we should avoid it now. But it also true that meme coin gives us huge profit in last bull session. We know dode, shiba inu, pepe gives huge profit. But who bought this meme coin after bull run he has been huge loser. So wehave to more careful to invest on meme coin right now.

[Pastaral]

People who love to gamble will definitely see MemeCoin as a new opportunity.  Because they are not very careful because over 99% of memecoins fail in their first year every year.  Of course you won't know about it because they failed at it. People who understand this investment will avoid it.  Of course, this is a big risk, but many people buy small amounts of memecoins.

[Mr. Magkaisa]

There are some altcoins that are worst than meme coins but because meme coins are what they are, we quickly know their true existence. Some meme coins like PEPE were intentional and some of them has made a lot of people millionaires with just little they have invested despite been a meme coins and what their true intentions were. But you see some of this altcoins that promise to do somethings in there Whitepaper, they are the worst because they promise to do a lot of things but in the end, they don't do what they promise their investors.

Some meme coins success make many people become millionaire not only with Pepe but also if you can memorize well with Shiba Inu how many people become success.
Currently have meme coins of Solana network Wifcoin first time launching with most cheapest price but after listing on the binance pump drastically and become millionaire for any one have strong hand for holding.

Do you have good recommendation for any meme coins has potential for us become millionaire in the future? seems not bad ideas spending around 100$ for meme coins until seven kinds and wish has one will give us chance become millionaire.

      -   I have some suggested meme coins to give you, mate, but before you invest, try to research or find out before you decide to buy them. Some of the ones I will suggest that, in my opinion, seem to have a good return to give are this bome, fish, toshi, and this notcoin. I'm not sure if it is in the category of meme coins. The doge, shib, floki, and bonk are already given and can really give a nice profit in the bull run of bitcoin itself.

I suggested the ones I mentioned as the first meme coins because they will all be the first to experience the bull run, so they will surely show some good performance that followed the rise of Bitcoin, in my opinion. But still Do it at your own risk, mate.

[Crwth]

In general I think the most important part when investing in meme coin is that you should check how much token is in a wallet because if it is too concentrated in one wallet, then it might dump at once, you will never know what that wallet will do.

Check also with the market cap if it’s too low as well it might not be the one you are looking for. It’s hard to get in the first and early stages, but it might be worth it. Just make sure that you are investing with you can lose.

[God Of Thunder]

People who love to gamble will definitely see MemeCoin as a new opportunity.  Because they are not very careful because over 99% of memecoins fail in their first year every year.  Of course you won't know about it because they failed at it. People who understand this investment will avoid it.  Of course, this is a big risk, but many people buy small amounts of memecoins.

I don't think all gamblers will see it as an opportunity if they know that their win chance is 1%. If I know that my chance of losing this investment is literally 99%, why would I waste my money? It's not a dice game in a casino where I will be able to place bets one after another. Investing in a crypto project and making money takes a lot of time. If I invest in a project and it takes a few months before it gives a positive or negative result, why would I invest knowing my win chance is 1%?

Yet, some of us did the same thing when we were crypto newbies. Fortunately, I have learned many things in the last two or three years. Meme coins are good if you can research the project before you invest. But the success rate is extremely low. I would say the success rate is lower than one percent. 

[ajiz138]

Since the last bull run, I have tried to stay away from meme coins. You all remember how it was with Shiba Inu, AKA Doge Killer. Many people make a huge amount of money from Shiba Inu tokens, and I also invested only a few dollars. But then I made only 2x its profit and exited the market.

However, one of my colleagues and a friend decided to invest more while he was already making a profit. He invested a couple of thousand dollars, and then it collapsed. Later, he ended up with an overall loss from a huge profit. Even if it wasn't my loss, I have learned a lesson from his loss.

Yes your diction is appropriate meme coin is risky i also think. So we should avoid it now. But it also true that meme coin gives us huge profit in last bull session. We know dode, shiba inu, pepe gives huge profit. But who bought this meme coin after bull run he has been huge loser. So wehave to more careful to invest on meme coin right now.

We can occasionally go in and buy meme coins, and don't let us be lulled by the profits we get, because once a dump occurs, we will feel a loss.

Don't focus too much on investing in meme coins, in my opinion it's better to focus more on coins that are already very trusted and continue to grow. We can use meme coins as spices in the investments we make, I mean we can try our luck once in a while.

[Fivestar4everMVP]

Isn't investing in memecoins the same as gambling in the first place? So, when you said a lot of people loss and just a few people win, it shouldnt come as a surprise to anyone who has an idea of what gambling is all about.

And also, one normal thing with investment is that, the lower the risk, the lower the reward, and the higher the risk, the higher the reward.
So, those investing in memecoins are looking for high reward, so, it is also important that understand the level of risk involved.

Personally, to try to mitigate the risk that comes with investing in memecoins, I only invest in any of them after it has gotten listed on two or three unpopular exchanges, atleast this way, they have established a base and chances of a rug pull has significantly reduced.

[albon]

From meme coin you can get hype once or twice at most and if you don't sell within that you will lose. As a meme coin exchange creates a lot of hype after entering the market but it is for a very short period of time. However many investors do not understand and buy and hold during this hype, which causes big losses later. Anyway there are very few investors who have successfully profited by holding meme coin. Invest with research as it always carries more risk.

[Aanuoluwatofunmi]

When investing on any memecoin, you have to constantly check on the market performance of such coin to see how it has been going on with the market, this will give you focus or direction on whether to continue with the investment, pause, sell or hold on tor more pumps, memecoins are not what we can just make an investment in and leave just like that, we may regret when we discover that we should have been following the chart before getting to where they may be after a long time dip.

[God Of Thunder]

We can occasionally go in and buy meme coins, and don't let us be lulled by the profits we get, because once a dump occurs, we will feel a loss.

Unfortunately, that is where we lose the temptation. Whoever made some profit from a meme coin before, greed got them and they cannot resist them from making another investment on another meme coin. Let me tell you why I have tried a stupid thing. I have made some profit from Shiba Inu back in 2021 and I know it was too late to invest more in Shiba Inu because it pumped a lot already. One of my friends made a huge mistake by making a repeat investment in it.

So, I decided to try other memecoins and bought a couple of coins whose names ended up with an INU. LOL. Unfortunately, all of them become zero after a couple of months because those are just scams. I made only a $20-30 dollar profit from Shiba Inu but I lost more than that by investing in those random memecoins. This is funny and sad at the same time.

[bitbit97]

Free advice If you see an animal in memecoin logo or it is name is related to animal - dont even bother buying it. We had dogecoin, shiba inu, pepe. That is enough of animals for industry. Imho it is good to start to researching where you are going to buy these meme coins. An unknown dex is not a best place to search for memecoins for investment.

But honestly, what warning signs do people want to find, when meme coins are already a huge warning sign for being scammed. I think that winning in casino is easier than picking a meme coins to buy and get a profit.

[ajiz138]

We can occasionally go in and buy meme coins, and don't let us be lulled by the profits we get, because once a dump occurs, we will feel a loss.

Unfortunately, that is where we lose the temptation. Whoever made some profit from a meme coin before, greed got them and they cannot resist them from making another investment on another meme coin. Let me tell you why I have tried a stupid thing. I have made some profit from Shiba Inu back in 2021 and I know it was too late to invest more in Shiba Inu because it pumped a lot already. One of my friends made a huge mistake by making a repeat investment in it.

So, I decided to try other memecoins and bought a couple of coins whose names ended up with an INU. LOL. Unfortunately, all of them become zero after a couple of months because those are just scams. I made only a $20-30 dollar profit from Shiba Inu but I lost more than that by investing in those random memecoins. This is funny and sad at the same time.

Well, sometimes that can be a temptation for those who have made big profits from memecoin. They think that they have made big profits and maybe they will achieve the same thing again, even though that is a feeling that could be a trap.

Nothing is certain in memecoin and the risk is greater, maybe they were very lucky at that time when they managed to achieve huge profits. Because in my opinion, luck is also very important in memecoin.