Post
Topic
Board Altcoin Discussion
Re: Is the meme coin still worth holding
by
Botnake
on 18/11/2021, 04:44:44 UTC
...Meme coins have definite value if you hold on for a little 1-2 years, quite a long time, but the payoff is worth it.

Meme coins are designed for pump & dump, so it is very risky to hold them for several years. And if you have already managed to get a good profit, say thank you to your keeper and part with these coins. Happiness cannot last forever, use what you have already received for yourself and further investments.
Yes meme coin is only made for pumping and dumping which is only up and down supported by the Community, so the risk is very high and can also provide good returns depending on the owner to make purchases and sales at the perfect time.
and but it won't last long and should be watched closely so it's not too late to make a sale, so not a great option for long term holding.
Meme coins are gaining more demand from the community at the present which means it will also boost their present value. As long as they are giving us profits, then there's no wrong if we tend to hold them but only for a short period of time. These tokens have no real life usage so i doubt if they can still make significant growth in the market if bearish season comes. So its very risky to hold them for long term because i know they will never be as profitable like bitcoin and ethereum in the near future. If you want long term investments, then make sure to avoid meme coins and choose those solid and stable coins.