Money on Memes: Cryptocurrency That Skyrockets Overnight

[JoyMarsha]

In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.

So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.

If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.

The market is already in the bull, no doubt about that, but there are still little profits to be made afterward by next year's bull run. It's all about having a good timing of when to sell "when there are profits in your invested altcoin" rather than waiting for a whole lot of profits, which may not be possible because we can't ascertain the ATH of the coin we hold for profits and when it will happen.

Having a little profit by next year's bull run is never a bad idea, to add it up to the amount someone is going to invest in the upcoming bearish market that will happen over in next two years

[gunhell16]

In the few years I've been in the crypto industry, I've missed many opportunities that should have made me a lot of money in this industry,
but I just couldn't because I wasn't that well-versed in cryptocurrencies and meme coins.

So I can say that in this bull run, I'm only now going to experience real profit because I know what I'm doing and I have alts and meme coins saved up.
So, for now, as long as I have a chance to do DCA, I'll do it.

If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.

Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.

Then while I'm doing this I'm also doing day trading in the spot and day trading in futures, and of course in futures you need proper self-control and discipline so that I can control my trading activity.

[Mia Chloe]

If you haven't invested before then you shouldn't invest now. Because the market is already in bull, it is foolish to expect more bull. If you find the positive side of investing in crypto and think that you can make good profit by investing in crypto then wait for next bear season and then invest according to DCA and that investment must be for long term. Then you can make profit as per your expectation from the investment.

The truth is most meme coins don't work hand in hand with the general market trend which could be either bullish or bearish. That's simply because of the nature of their liquidity. What I actually mean is a meme coin could be massively dumping when the general market trend is bullish for altcoins. Similarly it could be pumping when generally the market is bearish.

The direction of the trend for meme coins actually depends on when the liquidity is being increased or when liquidity is being pulled out of the market. And for meme coins their liquidity is tied to a small group of investors unlike bigger altcoins.

[vegasus]

Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.

A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.

I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.

[Bobcrypto]

Actually memecoins has come of age, it has become the talk of the crypto community since the successful Dogecoin transformation, being considered as a joke, but became a notable investment hub for many people. As we speak, many genuine meme project has made a mark on the crypto market in recent time. The Tap to earn, and play to earn, has made huge impact to boost Meme coins Trades/investments opportunities, fortunately, many traders, investor has made big gains, and it may continue on this Frenzy in near future.

[Mr. Magkaisa]

Actually memecoins has come of age, it has become the talk of the crypto community since the successful Dogecoin transformation, being considered as a joke, but became a notable investment hub for many people. As we speak, many genuine meme project has made a mark on the crypto market in recent time. The Tap to earn, and play to earn, has made huge impact to boost Meme coins Trades/investments opportunities, fortunately, many traders, investor has made big gains, and it may continue on this Frenzy in near future.

        -       I think more investors will experience good profits from meme coins during this period, and there will be new ones that will surely be trending in the future before they are listed on the top exchanges. How many community investors have seen several meme coins that have been successful this year alone.

So, meaning majority of the crypto community are really something by next year and I am one of those who are expecting because I also hold several meme coins that are on the top listings in the market.

[debra]

Actually memecoins has come of age, it has become the talk of the crypto community since the successful Dogecoin transformation, being considered as a joke, but became a notable investment hub for many people. As we speak, many genuine meme project has made a mark on the crypto market in recent time. The Tap to earn, and play to earn, has made huge impact to boost Meme coins Trades/investments opportunities, fortunately, many traders, investor has made big gains, and it may continue on this Frenzy in near future.

Because we know how hype Doge used to be, when it was just a meme coin, then it made its holders suddenly rich due to the fantastic increase at that time. and this gave rise to more and more developers who made meme coins, with the same concept, hype, skyrocket overnight, then drop. most of the cycles are like this. and the turnover of money in meme coins is always high, the market cap is extraordinary if we look at it, now the problem is that there are also many who have played in meme coins and got high profits, and got rich overnight as the term. it's just that, this is not as easy as imagined. and many of them deliberately share on social media in order to attract the attention of beginners to put their money in certain meme coins, and this is all for profit only, who really cares about helping beginners get profits. and most beginners will become victims because they are only affected by Fomo from the hype of meme coins.

[Aanuoluwatofunmi]

We may be hearing more about the cryptocurrencies that skyrocket overnight, but we may not have the same feeds over the ones that plummet overnight, because people often tell others about what has helped them than what they have learned from, them not all information we get online are in full details, we shouldn't be too carried away by some of these, some would have made losses more than the profit they are making overnight, whereas it take time to see projects making this kind of performance.

[vegasus]

We may be hearing more about the cryptocurrencies that skyrocket overnight, but we may not have the same feeds over the ones that plummet overnight, because people often tell others about what has helped them than what they have learned from, them not all information we get online are in full details, we shouldn't be too carried away by some of these, some would have made losses more than the profit they are making overnight, whereas it take time to see projects making this kind of performance.

Actually, this often happens to meme coins that can rise by hundreds or even thousands of percent overnight. This is like skyrocketing right. It's just that not all meme coins work like that. That's why you really have to be careful in choosing meme coins. It depends on how hyped it is. It's difficult, because there is no definite formula for the rapid increase in the price of meme coins overnight. There are even some that skyrocket quickly in just a few hours. But usually meme coins like this will definitely drop unstoppably after going up, even in a period of 1 month as if they have been replaced and forgotten. This means it is very important to determine the right moment to buy and sell the coins. because this is very high risk

[Mr. Magkaisa]

Meme coins are typically associated with humor and fun, but in practice, they often become targets for speculative investments, delivering incredible market results. While many lack practical utility, they can generate astonishing short-term profits. This makes them appealing to speculators and traders seeking quick gains.

Long before cryptocurrency came to existence, people loves to do HYIP and MLM, It was an early-bird scenario where hype is the name of the game and people follow where the whales are putting their money.
These traders and developers transferred their activity to cryptocurrency because they knew speculators can manipulate the market because of its volatility, and those who have inside knowledge of the scheme can easily make money, and memes are the tools to create that hype for quick profit.

       -      I think that during the years 2015 up to 2018, these Hyip or Ponzi schemes were still quite rampant and because during these times, bitcoin and crypto were quite a hot trend or in the hot seat in the market, what the scammers did in MLM and HYIP was enter the field industry of the crypto space.

But all the MLM systems and HYIP/Ponzi schemes that entered here were also not successful and now I don't see or hear anything according
to the research I did on this matter.

[Mr. Magkaisa]

Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.

A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.

I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.

      -     You are absolutely right on this matter mate, in which I agreed so much, where we should really be able to properly manage our risk that we can face and we should also be able to choose wisely the crypto assets that we will buy and hold for the long-term.

Even me until now I still experience losses when I carry out my trading activity in futures but that's normal, as long as the important thing is that you recover your loss immediately and you should also know where to SL as well. Now if it comes to meme coins, you should really know how to manage risk, this is true.

[bayu7adi]

Good education... that's what happened, that memecoin currently tends to be used as a tool for making instant money in the short term... the most expected thing from speculators is, with a small investment, they hope to get a profit of 50 times to 100 times in a short time... that has indeed happened, but the ratio is very small....

The bottom line is, never put a lot of money into memecoins, because the volatility is insane... and there's a risk of people going broke in a short period of time.

[bitterguy28]

The bottom line is, never put a lot of money into memecoins, because the volatility is insane... and there's a risk of people going broke in a short period of time.

my rule is to always just find free airdrops for new memecoins rather than spend so much money because even if it does do well the volatility is so intense that the timing might be difficult to control and manage and i end up losing more than intended but if i only got the memecoins for free there is less regret and even less hesitance

[gunhell16]

Yes dude that's what I did and I started last year and until now I'm still doing dca which I think really has potential in the market. I have long-term and short-term holdings so that it's balanced and I can also maximize the risk I'm taking now.

A certain strategy set in investing in crypto is indeed very important, yes, this is also to manage risk more wisely and reasonably. the point is to minimize risk and optimize the possibility of gains when investing. Although we may not be able to escape 100% from the risk of investing in crypto, but at least, we can optimize it to get profits, with our respective strategies, both short and long term investment.

I am the same, it is not hypocritical if there are times when I really lose money due to carelessness and hasty decisions, especially when playing with meme coins, because this risk is very high, a little misconception can immediately make you lose money, especially the price turnover of meme coins is very fast in the market, so if the moment is too late, we can really lose the moment.

Actually, we no longer eliminate the occasional loss in case we have an investment that does not succeed in the long run, and we accept that because it is really part of the field we are in. And this is also one of the good attitudes that we have because we are aware of these situations.

We are no longer surprised by these things, as if inside our bodies physically we have good and bad bacteria, the same is true here in the crypto space
we are also part of, right?

[LogitechMouse]

---
The bottom line is, never put a lot of money into memecoins, because the volatility is insane... and there's a risk of people going broke in a short period of time.

I've seen lots of meme coins being promoted on different social media platform, and some of them pumped after being promoted, but most ended up being a rug pull.

TBH, I'm trying to try my luck and invest in one of the meme coins that they will be promoting probably on Solana blockchain. I will only use an amount that I can afford to lose (probably around 20$), just to have the experience of investing into these meme coins. I haven't tried it yet, so I'm excited to do it. I know the risks especially of losing money, but... who cares. I just want to feel it.