Memecoins: fun, yet fiercely volatile!

[legend45]

-snip-
You don't praise a particular memecoins because its price skyrocketed over time, while it will later experience a dump. I always feel pity for those who invest in memecoins out of FOMO because of the short term profits they have seen

They will just lose everything and there will be no return, even worse the memecoins they buy have no price at all and the developers just disappear with a lot of profits, but those who buy will only make a loss.

Those who are too FOMO will only fall prey to fraudulent projects.

I don't know why there are still many who speculate about being able to buy meme coins with the aim of having a surprise and getting a profit from the surprise that exists, but in fact, until now, meme coins have not given a surprise to increase but a surprise to lose, because their value is no longer there after that.
You are right that it always happens that many people fall prey to fraudulent projects because they are tempted by things that are impossible to happen.

In investing in token mem, we must do research and observe the project and it is better to do it quickly while it is still hype. Buy before the hype and sell when the token is still hype, because the speed of buying and selling will determine the amount of our profit, because if we are late in selling we will be trapped in high prices and have difficulty getting profit, eventually losing money.

[Aanuoluwatofunmi]

It's fun how Memes works—any token can be created around a narrative, and with the right marketing, it can explode.though it also has downside rug pulls  but that's the game

speaking of meme narrative I just came across an interesting meme coin called JAILSTONE—it was actually made to mock Dave Portnoy for his pump-and-dump habits. After a joke about potential legal troubles related to alleged market manipulation, he ended up buying JAILSTONE and even promoting it. As a result, the project skyrocketed to around a $200M market cap at its peak.

What’s the most interesting meme coin narrative you’ve ever heard?

I want to believe this fierce of a thing and risk does not only applies to memecoins alone, anything we are doing that involves making an investment has it own risk, be it small or big, we should just be more focused on how we could take opportunity after weighing and comparing the two sides and see we can still afford taking the risk, that is how we see most making it, because they already developed such courage needed to make an investment after considering what is at stake for them to risk at the course.

[JoyMarsha]

-snip-
You don't praise a particular memecoins because its price skyrocketed over time, while it will later experience a dump. I always feel pity for those who invest in memecoins out of FOMO because of the short term profits they have seen

They will just lose everything and there will be no return, even worse the memecoins they buy have no price at all and the developers just disappear with a lot of profits, but those who buy will only make a loss.

Those who are too FOMO will only fall prey to fraudulent projects.

I don't know why there are still many who speculate about being able to buy meme coins with the aim of having a surprise and getting a profit from the surprise that exists, but in fact, until now, meme coins have not given a surprise to increase but a surprise to lose, because their value is no longer there after that.
You are right that it always happens that many people fall prey to fraudulent projects because they are tempted by things that are impossible to happen.

In investing in token mem, we must do research and observe the project and it is better to do it quickly while it is still hype. Buy before the hype and sell when the token is still hype, because the speed of buying and selling will determine the amount of our profit, because if we are late in selling we will be trapped in high prices and have difficulty getting profit, eventually losing money.

After the hype comes the dump. Selling the invested memecoins during the hype is the perfect idea way to deal with memecoins because once the hype is gone, losses is what follows. No investor will feel happy when there invested memecoins is on the downside because they may not bounce back to their previous high price.

[vegasus]

After the hype comes the dump. Selling the invested memecoins during the hype is the perfect idea way to deal with memecoins because once the hype is gone, losses is what follows. No investor will feel happy when there invested memecoins is on the downside because they may not bounce back to their previous high price.

And indeed must be smart in reading the situation. because often we fail because the moment is too late. while the meme coin market often does not last that long. Only briefly listed on the exchange, then the price skyrockets in an instant, and can also drop in an instant. so yes, this is very risky if you do not monitor directly and carefully the development of the meme tokens, especially if you are about to list. but if we succeed in getting the moment, this will be wow the results, extraordinarily satisfying.

[yohananaomi]

-snip-
You don't praise a particular memecoins because its price skyrocketed over time, while it will later experience a dump. I always feel pity for those who invest in memecoins out of FOMO because of the short term profits they have seen

They will just lose everything and there will be no return, even worse the memecoins they buy have no price at all and the developers just disappear with a lot of profits, but those who buy will only make a loss.

Those who are too FOMO will only fall prey to fraudulent projects.

I don't know why there are still many who speculate about being able to buy meme coins with the aim of having a surprise and getting a profit from the surprise that exists, but in fact, until now, meme coins have not given a surprise to increase but a surprise to lose, because their value is no longer there after that.
You are right that it always happens that many people fall prey to fraudulent projects because they are tempted by things that are impossible to happen.

In investing in token mem, we must do research and observe the project and it is better to do it quickly while it is still hype. Buy before the hype and sell when the token is still hype, because the speed of buying and selling will determine the amount of our profit, because if we are late in selling we will be trapped in high prices and have difficulty getting profit, eventually losing money.

Investing in meme coins is certainly not easy, and you really have to do proper research because most of their projects are very non-transparent, so that many are deceived into investing.
Agree, buy when it is hype and don't hesitate to sell it immediately when the price is indeed very good, because being late in selling meme coins will bring, as you said, we losses will be experienced. Of course, we don't want that to happen.