Memecoins should not be taken seriously...no need to fret about them

[LogitechMouse]

We can take them serious, but we should not have our entire life on them,, because they can be disappointing, anything that stands to be profitable can also be a surprise to us with a particular risk attached to it, which we should know about these memes, they cant be there just like that without us being aware of their merits and demerits before investing in them.

The phrase "taking them seriously" is a very vague phrase. For some, it might mean "going all in with meme coins". For some, it might mean "investing most of your money into meme coins." At the end of the day, taking them seriously for me means going ALL-IN on meme coins which in this case, isn't recommendable.

Investing on them especially those new ones isn't advisable. Let alone, putting your life savings in it. There might be a few investors who made a huge money on it overnight, but that money came from many investors who lost their money because they got FOMO'ed or they expect that what happened to a selected few might happen to them as well.

Just avoid investing into meme coins... or at least those new meme coins. Now if you really want to invest into meme coins, I suggest focusing more on those top meme coins in terms of market cap.

[$crypto$]

Trumpcoin has killed any trust in memecoins...

Even before Trump launched his own shit memecoin, there was no trust in memecoins and nobody should really trust such shitcoins. However, Trump made things worse when he created his own shitcoin, who would have thought that the U.S. president would join in such shitshow.

Most people who know how memecoin works, I think they also have no faith in memecoin, they are just looking for luck when buying memecoin, or in other words they are just playing around.

Memecoin is unreliable, and those who get big profits are none other than because they are just lucky. I see the same thing on social media, they share their experiences of buying memecoin for fun which ends in big profits.

[Z-tight]

Most people who know how memecoin works, I think they also have no faith in memecoin, they are just looking for luck when buying memecoin, or in other words they are just playing around.

Yeah, some of them buy many memecoins and different kind of shitcoins and they hope that a few of them would be profitable to them. I understand that it is their strategy, however i don't do it, i simply buy BTC, but my recommendation to anyone doing is to to spend a very small amount of money on each of the coins.

[kai]

....
In other words, don't rely on memecoins as this is liken to a gamble...you should be lucky if you pick the right one and damned if you got into something that is going to hell.

Your statement is the same as the statement of me and my friends in the Telegram community. The statement is like this:

Code: [Select]

meme coins are just for fun, buying meme coins is like gambling.

Just avoid meme coins because if we look at the tone that is felt, the coins will make us poor.
Although many influencers have made statements about buying meme coins, just avoid the semi-security of our funds.

[$crypto$]

Most people who know how memecoin works, I think they also have no faith in memecoin, they are just looking for luck when buying memecoin, or in other words they are just playing around.

Yeah, some of them buy many memecoins and different kind of shitcoins and they hope that a few of them would be profitable to them. I understand that it is their strategy, however i don't do it, i simply buy BTC, but my recommendation to anyone doing is to to spend a very small amount of money on each of the coins.

Yes, use the minimum amount of money and we must be prepared to lose it. That way it will not be a problem in the future.

Of course we must have a scale of priorities in this matter and bitcoin will always be the top priority and while memecoin is the number one choice for us to use and that too depends heavily on luck. The point is we must know what we should and should not do.

[Hamza2424]

The trend of meme coins is dead for a long period, even though the market was quite depressed for a long period but still this narrative is the most terrible narritve as expected from shitcoins, people make a lot of money but those are just 1 in thousands but those who lose are in thousands to millions.

In my view, investing in memes should not be considered a risky investment; these are proper gambling trades with some top-tier exceptions.

[bisdak40]

For me, memecoins are just made for fun. Their prices can go up or down very fast. They are risky, so it’s good to be careful. Sometimes people make good profits, sometimes they don’t. It’s like a game of luck. If you try memecoins, enjoy the ride and only use money you are willing to risk.

[JISAN]

For me, memecoins are just made for fun. Their prices can go up or down very fast. They are risky, so it’s good to be careful. Sometimes people make good profits, sometimes they don’t. It’s like a game of luck. If you try memecoins, enjoy the ride and only use money you are willing to risk.

meme is meme It can never be something serious. It is mainly brought to the market for fun, but many investors play their luck by investing here. Investing in memecoin and gambling are almost equally risky. Because it is very volatile, no matter how strong the coin is. US President Donald Trump brings his own coin to the market, but it can also maintain a good price in the market. Although its price is seen as very high in the beginning due to a lot of hype, it starts to go down again very quickly. And there is no doubt that investors have not lost much from here. So memecoin can never be a serious investment

[Mr. Magkaisa]

For me, memecoins are just made for fun. Their prices can go up or down very fast. They are risky, so it’s good to be careful. Sometimes people make good profits, sometimes they don’t. It’s like a game of luck. If you try memecoins, enjoy the ride and only use money you are willing to risk.

         -      Yeah, they are made for fun but it is dangerous, because there is a high chance that the capital investment that will be used here by the crypto community who will have an interest in buying it will be jeopardized, especially if the hype created for meme coins is intense.

A meme coin will be crushed immediately when they see or find out that it is supported by their big partners in this crypto industry.
And a lot of people are brought or Fomo this way.

[sampoerna]

The trend of meme coins is dead for a long period, even though the market was quite depressed for a long period but still this narrative is the most terrible narritve as expected from shitcoins, people make a lot of money but those are just 1 in thousands but those who lose are in thousands to millions.

In my view, investing in memes should not be considered a risky investment; these are proper gambling trades with some top-tier exceptions.

There is no doubt that investing in meme coins is something that is very risky, yes, high risks. Because, when we put coins in meme projects, there are 2 possibilities:
- Finding high skyrocketing
- Or vice versa, it will actually find shit market drops which will immediately bring losses to all meme coin assets.

Yes, because meme projects do not have a real use case, no fundamentals, and are often only based on the community, as long as the hype is over, it will definitely drop immediately after reaching its ATH point,

That's why for people who have done TP when the price is very high, the profits are real, it can be many times very high. but if it's too late to take profits, then be willing, the money will immediately disappear, or the assets will just turn to ashes in the wallet. So, yes, this is the risk, if you are not ready for losing and are not ready for speed and precision of the moment, it is better to stay away from meme projects like this.

[bayu7adi]

For me, memecoins are just made for fun. Their prices can go up or down very fast. They are risky, so it’s good to be careful. Sometimes people make good profits, sometimes they don’t. It’s like a game of luck. If you try memecoins, enjoy the ride and only use money you are willing to risk.

It's hard to make it purely for fun, because there is money and hope involved when we dive into the world of memecoin... making it more stressful when someone is faced with a big loss instantly... and even this memecoin is something more terrifying than gambling, because there is an addictive effect for anyone who tries to find luck in memecoin....

Buying memcoin with free money, it does sound wise... but if the free money allocated in accumulation has reached a large amount, it will cause an imperceptible loss... be aware of the principle of "investing with money that is ready to lose", we must be able to think about maximizing the free money... not immediately using it all for memecoin...

[Aanuoluwatofunmi]

We can take them serious, but we should not have our entire life on them,, because they can be disappointing, anything that stands to be profitable can also be a surprise to us with a particular risk attached to it, which we should know about these memes, they cant be there just like that without us being aware of their merits and demerits before investing in them.

The phrase "taking them seriously" is a very vague phrase. For some, it might mean "going all in with meme coins". For some, it might mean "investing most of your money into meme coins." At the end of the day, taking them seriously for me means going ALL-IN on meme coins which in this case, isn't recommendable.

Investing on them especially those new ones isn't advisable. Let alone, putting your life savings in it. There might be a few investors who made a huge money on it overnight, but that money came from many investors who lost their money because they got FOMO'ed or they expect that what happened to a selected few might happen to them as well.

Just avoid investing into meme coins... or at least those new meme coins. Now if you really want to invest into meme coins, I suggest focusing more on those top meme coins in terms of market cap.

What i meant here is for investors who will take their own risk to invest on memecoins, then they must ensure they have the best performance from it so as not to waste their investment by losing everything on it, because no amount of investment is deserving a loss, as we can do very much to also take care of the little investment we have for those that will be taking the risk in considering them, because as i know, there are investors who don't even go close to memecoins, instead bitcoin alone, while the little we invest on them must not be carelessly handled.

[vegasus]

It's a bit confusing, because I think every investment should be done seriously. But maybe what needs to be considered is the effect, and also the strategy that will definitely be quite large. because meme tokens are high-risk projects. so, when we might experience a big loss due to several things, then we won't be frustrated because we are already aware of the risks of investing in memes. so yes, it's only natural that we have a certain budget for investing in meme tokens and also learn more about how to focus more on analyzing meme listing projects at certain moments.

[Bobcrypto]

Considering that until now the risk of holding memecoin is very large, it should only be bought by professionals with full awareness... but seeing many people from many circles who buy memecoin for gambling purposes, it is very scary... many people lose because of memecoin, while the media only distributes the winners.. that's how the memecoin industry continues to thrive, where every detrimental thing is always made uninteresting to be published, while the profitable things are always exaggerated... this marketing strategy has proven to be very good and even trash memecoin still survives until now...

I agree not to take memecoin seriously, because the developer is not serious about making this project with a useful use case... why put high hopes on something that can't even be relied on...

In my opinion, any one buying meme for whatever purpose should trade/invest on the most popular and strong meme projects with good trading volumes and marketcap. A meme with large community and has been on top position on Coinmarketcap are more advicable to engage on trading and investing activities.
In facts, for serious trading and investing purposes, trade meme cois that has already gained some trust from the crypto community, and not any meme coins that may turn a pump and dump scheme.