What’s the deal with meme coins? What’s your strategy?
How much do you guys make on a daily or weekly basis? I’ve been checking out Dexscreener since early launches, but honestly, nothing seems to move, even though everyone keeps bragging about 1000x or 10000x gains. I threw in a bit of cash to see if I could trade them because, hey, turning 1$ into 100$ in a day sounds awesome... but the most I’ve scored is just a measly 2x.
It seems like this is a high risk, high reward kinda game. I mean, if I’m only getting 2-5x back, it’s not worth it since I’m just investing a small amount. The whole appeal of meme coins is supposed to be those massive profits. So what am I missing? Why aren’t these meme coins doing what everyone claims?
Plus, those YouTubers hype up all these meme coins, but then it’s like nothing happens. What can we actually do to fix this issue where meme coins don’t perform as expected?
I have a thought that maybe we need some rules in place to stop sellers from crashing the market. And we definitely shouldn’t sell just because we see a small 5x gain; we should be aiming for at least 50x. So if I invest 100$, what kind of daily returns should I realistically expect? How long should I hold onto a meme coin before selling it, like maybe 2 days?
I’m really here to figure out the best approach to make a full-time income from these meme coins. I bet a lot of others are looking for the same thing since they can be pretty volatile.
I always buy large bag so the jjeeters and weak hands can sell but price not going down still.
But yeah that's the problem many people have no goals in their life and want less they sell with 5x profit but memes not about small profit they are about 100x minimum.
Just meme traders don't sell with 5x profit that's lame you ruin up the Market for other traders that's true.
You aim at not only 5x for your portfolio but 50x with meme coins and want to have constant profit with meme coins, it is very risky, ambitious and unsustainable target.
By setting up your target too ambitious and greedy like this, you take high risk by trying to make your profit and fortune with meme coins but you ignore big facts about altcoins and meme coins in particular. Meme coins are very risky and you have high risk to lose all or most of your capital with meme coins.
If you want to have things like constant profit, stick with Bitcoin. Invest your money in Bitcoin, use DCA strategy and hold your bitcoins to get net profit from holding after some years. You will not have things like constant profit day by day, month by month or year by year because Bitcoin has bullish and bearish time.
Yearly ROI and Monthly ROI with Bitcoin.
https://charts.bitbo.io/yearly-candles/
https://cryptorank.io/price/bitcoin
Your advice about giving restriction so that people can't dump is honestly not healthy for the market, if someone buys a meme coin they should always have all the right to dump, its akin to seizing their money.
doesn't matter if the meme coin just going up less than 500%, sometime some people consider a profit is a profit.
also current meme market is so diluted, the capital is distributed across so many meme coin and you don't expect to find meme coin that just go straight 100x of its initial price every day, most of the coin that does that are underrated gem of a meme coin only happen probably few times in a bullrun cycle.
you should also realize that most meme coin investor after making really high profit they just dipped and never comeback, having 2x profit is already good enough, you want better profit just try to find dex or cex that list the meme coin that you favour and have perpetual so you can leverage high.
I mean if you favour meme coin volatile nature so much 100x leverage is maybe worth a try? always know the consequences though, that high leverage come at cost.
Well I think if you want to trade meme coins for profit then you are going to lose alot of money. There is so many of these meme coin projects and to trade these tokens is very hard to do.
Trading Bitcoin for fiat is so hard. But if you want to trade the meme coins it is going to not be a good results for you I do not think.
It will be better to buy meme coins like Doge and Shiba and Pepe and just for you to hodl them.If you want to have them in your crypto portfolio do not trade them just hodl.
Investing in meme coins is like gambling because you do not knows what meme coins will rise. You can search with carefully to find the right meme coins but there are no guarantee you can get the meme coins. You don't have to use much money to invest in meme coin but only use the money you can afford so when your investment is not rise, you will not feels too disappointed.
If you gets the right meme coin, you should only wait for the price rise and sell it to make a profit. You don't have to wait for a long time because you don't know if that meme coin can still increase or it will goes down deeper. You must be careful to decide because we don't know what will happens with our investment in meme coins.
Here's my method. It is GUARANTEED to make sure you never lose money on memecoins.
1. Delete social media, including Twitter and Telegram. Especially Telegram.
2. Oh oh oh wait I use Telegram for notification. Be like me. Use LoyceV's notification bot: https://bitcointalk.org/index.php?topic=5331343.msg61734223#msg61734223
3. Never buy another memecoin or altcoin or shit.
4. Only buy Bitcoin.
Constant profit. Check 5 years and you will see. All the advice you got about memecoins will not even compare to your gains stacking BTC in 2029.
If we talk about trading in crypto memes, there is only one method that can be done, namely spot method trading, buy when it is cheap, hold and sell when the price rises, trading memes is not the same as trading like Bitcoin, memes are slow moving, while Bitcoin has price changes up and down in seconds and minutes, that's the difference.
Memes can be done using the spot method, that way we can see future developments in meme prices. What is certain is that trading memes is higher risk than Bitcoin, not that Bitcoin is not risky, but memes are different from others, memes can die in the middle of the road while we are trading, moreover many exchanges often delete memes without anything definite.
Indeed, meme has profit potential but that doesn't mean all of them are worth investing in because many of them are totally nothing. So you must focus your attention on the selection and consider a higher potential project, not only because it was endorsed by socmed influencers. Like if you make 2x earning, you should feel contentment from it rather than asking for more. Stop from thinking that meme coins give you x1000, you will only get tired of waiting as it is hopeless to see.
Can't deny that you become a victim of the influencers who say that "meme coins worth x1000 after a few days". And a greedy soul like you invests without having time to think and that is what really happens to you, mate. Still better to choose those projects that possess long-term profitability, not just during hype.
Hilarious as fck. Hahaha
Seriously, I do this long time ago when Im so tired of reading pure meme coins shill on all of my social media. I deleted my X and created new telegram account for casino bonus purposes only since my previous account keeps being dragged by random use to shit telegram group of garbage meme coins.
Meme coins is the new ponzi which makes crypto newbie crazy over the promise of quick gain in exchange for insane high risk.
Seeking meme coins is like hunting a good projects if you joined or invested into a memecoin you think profitable but at the end of the day doesn't have a value at all you wasted your money including your time because you give an effort to grind at least and lose your money possible get honeypot. But if you hit a good memecoin you can get a sky rocket profit. There's no monthly earning here, there's no consistent amount and date it's all depends on the coin and who handle and create this and if people support the coin or else you go sky rocket downward.
Do you believe the YouTubers about the meme coins they explain?
Dude, you should be aware of their aims and objectives in creating content. They only target what they think can speed up their process of reaching the target viewer.
Memecoin will not fare well in the future. It would be a shame if there were still people who hoped for a future in memecoin. Even for me, memecoins are over for trading because they just follow the hype for a moment.
Instead of thinking about how to trade memecoins to make a profit, it's better to choose another top coin. Target a profit of just a few percent.
The OP understand nothing about crypto and meme coins. These days, I see coingecko is been littered everywhere with new projects and when you check them out, they are all meme, out of 10 in those projects, 7 will be meme and I'm surprised that people are really buying this scam projects and that's explain what OP is saying. Many YouTube channels has sold their conscience to launch meme coin just to have profits and tell their subscribers to buy because it's the next new thing I crypto and they are just the same thing.
Some YouTubers even connive with other influencers on Twitter to spread the meme coin as the next new project, they bought at the bottom of the launch and then sell immediately after it hit some reasonable market cap, this is what they do every day to their followers and the followers don't learn, they just keep behaving like sheep that love lost in crypto.
You shouldn't be calling it a trading at first place. You can call it gambling because you are just gambling with your money.
If you are buying meme coins and expecting it to go 100x or 100x then you are just putting yourself up to a huge risk.
Surely you might make some profits but you cannot sustain the growth at regular intervals.
Go for "investing" in potential coins to make bigger gains over longer term.
One of the main rules that you should really be bearing up in mind that you shouldnt really be trusting no one. Why? it would really be something that would really be leading into your demise if we do speak about
meme coins on which we know that these fellas are really just that trying out pump up their bags. This is why you should really be that careful on whom you would really be trying out to believe on because
on the moment that you would really be finding yourself on following up these people is that you would really be that definitely be putting up yourself on such danger on losing up the money you do have
considering that meme coins could easily rug out on the moment that the hype is gone. Yes, it could give out potentially that 100x or more but it could also make your money turns out into dust.
This is indeed that a high risks high reward kind of set up but its not something that would really be all will really be dealing up. This is why some people do really call it some sort of gambling
yet it would really be that so hard on applying any analysis into it specially it is really that on early phase or condition on which its hard to apply those considerations.
Having this type of approach to crypto will not make you any richer, it is not a good way and it will only hurt you on the long run. We need to remember that meme projects are there just for "fun", and yes if you make any profit that would be great, but the point of their creation isn't to make you richer, it is to make sure that you are having fun.
No meme project out there is a good investment to make money from, it should not be your goal, because it is not the best way to do it. I rather keep all my money in bitcoin, which will not make me rich overnight, then keep it at something else. I believe that we are going to do much better, we just need to hold it for a while and do better investments to better projects instead.
So you're expecting higher than even 50x memes for profit... Haha this is really crazy but I'm sure you see the influence of Youtube sharing new memes that it thinks will shoot high but you will be the next victim.
I'm not sure about your idea even with small capital.
Memes are still shitcoins where you are like gambling you don't really expect 50x everyone wants high profits but in reality it is difficult you will be consumed by fomo from influncers who continue to promote memes.
Yes memes will get constant profit but you will lose it all.
I havent made any money before from meme coins because I dont risk my money in meme coins, the risk is just too high, and I cant really take the risk. I would rather invest or trade strong altcoins, but I can never put my money in altcoins. The chances of losing money are just too high when you decide to invest in meme coins, so I do encourage people to stay away from meme coins.
People investing in meme coins are the ones who expect a huge amount of money within a very short period of time, and they think it can be gotten from meme coins alone, but most of the meme coins that are launched arent performing well, only a few do pump, and people will make a lot of money, which you wont even know is the one that will pump. After losing so much money, you might not even invest in the one that pumps well.
People bought the coin with their money, why are they going to be restricted when they want to sell, if they cant be restricted when buying, then they cant be restricted when selling.
You are too generous for that but I can assure you that the price will actually dumped after it, as we know meme coins or their investors rather, don't like to HODL it any longer and then many have learned already to not buy the same meme coin again because the chance for it to rise again are now only slim.
With what I've said earlier, those people has a goal and what can you do if that is only their goal? If you want to, you can HODL your meme coins long enough and see if you can really reach that 100x minimum you are saying. Maybe before that was still possible but I doubt it right now. When we invest, we don't care about the others and do you think others care about you? Nah, they don't as well. If you will be too kind here, you will only lose money and others will mostly laugh at you.
Trading meme coins may bring profits for some but for others, it could mean gambling to them. The chances to gain positive outcome is very low, that's why a lot end up losing more than taking their profits. Meme coins are not just intended to be trade in the market, but more likely hold it for short term, otherwise if you can't have the perfect timing to sell them before its price drops low, you will definitely lose all your capital and even waste your time holding meme coins.