Money on Memes: Cryptocurrency That Skyrockets Overnight

[KryptoBull]

if you are hoping to find a project that can make you rich overnight i think you are better off gambling at that point even bitcoin can't make you rich overnight unless you were able to time it correctly and buy exactly before bitcoin skyrockets but who could be that lucky?

even with bitcoin you need to be patient and you need to invest in money and sometimes your time in order to analyze and supervise the market

It's true that many investors see memecoins as a game of chance in a huge casino with millions of opportunities to get rich. Vitalik himself once called memecoins a casino and refused to support them in the Eth ecosystem.

It would be normal if investors only spent a few dozen USD to join the gamble for fun, but unfortunately, many people put 100% of their capital into these memecoins in this market with unreasonable expectations. I can't stop them; I just watch them to learn a lesson for myself: before wanting to make money, I need to keep my money away from memecoins.

[salad daging]

if you are hoping to find a project that can make you rich overnight i think you are better off gambling at that point even bitcoin can't make you rich overnight unless you were able to time it correctly and buy exactly before bitcoin skyrockets but who could be that lucky?

even with bitcoin you need to be patient and you need to invest in money and sometimes your time in order to analyze and supervise the market

It's true that many investors see memecoins as a game of chance in a huge casino with millions of opportunities to get rich. Vitalik himself once called memecoins a casino and refused to support them in the Eth ecosystem.

It would be normal if investors only spent a few dozen USD to join the gamble for fun, but unfortunately, many people put 100% of their capital into these memecoins in this market with unreasonable expectations. I can't stop them; I just watch them to learn a lesson for myself: before wanting to make money, I need to keep my money away from memecoins.

To make a big profit in the 1/1000 meme coin, only a few meme diamonds skyrocket during the rest of the time it is a profit for the meme creator, while the investor becomes a victim.

I think there are many people who are fomo on memecoin, one of the influences is influencers who keep sharing profits in memecoin in a short time, you can see how influencers show off profits, so that memecoin goes up they sell when the price is high.

[kai]

I like the statement that OP wrote as below so I also often see our community on Telegram mentioning among them is BONK which is a hit coin on the Solana blockchain.

Examples of Popular Meme Coins:
Dogecoin (DOGE): The first and most well-known meme coin, initially launched as a joke but later adopted by fans.
Shiba Inu (SHIB): A token that “killed” Dogecoin in terms of growth.
Bonk (BONK): A phenomenon on Solana.
Pepe (PEPE): Inspired by the internet meme Pepe the Frog.

And in my community there are also some members who are very fanatical about the SHIBA coin because he has a statement that the features of the SHIBA coin are very many, he said.
I don't want to prioritize something called Meme coins because Meme coins are just for fun, nothing more than looking for something happy. If forced to invest and trade in Meme coins, I don't think I will do it.

[vegasus]

And in my community there are also some members who are very fanatical about the SHIBA coin because he has a statement that the features of the SHIBA coin are very many, he said.
I don't want to prioritize something called Meme coins because Meme coins are just for fun, nothing more than looking for something happy. If forced to invest and trade in Meme coins, I don't think I will do it.

And this really happened, and because of his decision, the negative effects of his decision really started to be felt, especially for developing countries. It is undeniable that Trump's influence is still very large and can no longer be controlled by mothers like this. So, this may happen to his music or other factors.

[Mr. Magkaisa]

if you are hoping to find a project that can make you rich overnight i think you are better off gambling at that point even bitcoin can't make you rich overnight unless you were able to time it correctly and buy exactly before bitcoin skyrockets but who could be that lucky?

even with bitcoin you need to be patient and you need to invest in money and sometimes your time in order to analyze and supervise the market

It's true that many investors see memecoins as a game of chance in a huge casino with millions of opportunities to get rich. Vitalik himself once called memecoins a casino and refused to support them in the Eth ecosystem.

It would be normal if investors only spent a few dozen USD to join the gamble for fun, but unfortunately, many people put 100% of their capital into these memecoins in this market with unreasonable expectations. I can't stop them; I just watch them to learn a lesson for myself: before wanting to make money, I need to keep my money away from memecoins.

     -     Until now, it seems like the majority of investors still think that way about meme coins, that they still think of them as a game of chances. Especially if the marketing team of a meme coin being promoted is good at partnering with big investors who will support the meme coin.

And one of those that succeeded was Pepe, I remember when it was just starting pre-sales and many people hit the jackpot with this meme coin, but these styles of meme coins are actually rare. So extra caution is still needed.

[Mia Chloe]

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.

It may sound crazy to some users here but the truth is you can be over 80% certain of profit when working with meme coins in some cases. Now this is basically the reason you see Devs and insiders hardly lose in meme coin trading. Infact they make enough profit to actually continue launching newer ones.

Meme coins are an obvious game of liquidity. These insider's and Devs have the advantage of knowing the exact scheme and timing for these meme coins.

[Aanuoluwatofunmi]

Meme coins are an obvious game of liquidity. These insider's and Devs have the advantage of knowing the exact scheme and timing for these meme coins.

That's true, there is nothing more than what you have said, this insiders know about everything that is going on and one of the beauty in making an investment in any of these altcoins is that we must be able to arrive there early, so that one can buy at low and later sells high when the market pumps, but anyone that does not know about all these may only go into them with the hope of making profits and later turned to loss.

[Mia Chloe]

That's true, there is nothing more than what you have said, this insiders know about everything that is going on and one of the beauty in making an investment in any of these altcoins is that we must be able to arrive there early, so that one can buy at low and later sells high when the market pumps, but anyone that does not know about all these may only go into them with the hope of making profits and later turned to loss.

Yes that's just the fact and it's one thing that most newbies hardly understand. If you check closely you will find out that most meme coins have a community where information about liquidating pull and plans are shared and these communities are usually private.

It's what most people usually refer to as insider info and it's how they execute the plans for their schemes. The problem is newbies believe the hypes are first hand information.

[erus]

The circulation for this Meme coin is like a Nuclear explosion that only takes a few minutes to rise so quickly.
The circulation of money in the Meme coin is also so very fast that in just one night its market cap can beat the top coins under the 200 Coinmarketcap ranking.
It is only natural that the Meme coin can explode its market cap because I see all the Whales joining in the Meme coin trade so that those who have capital are able to buy more and raise the price so that the market cap goes up.

[Aanuoluwatofunmi]

I advised that we should be careful with memecoins that rises overnight, they can impose a serious danger on us if invested before they can change pattern at any time and if we are not careful we may end up in loss, some investors do stay away from them except e have developed a significant boldness towards them before investing, most of them are with high tendency for risk and high return as well, which i think includes part of the reasons why some will invest or not.