Quote from: Dave1 on April 10, 2024, 09:28:02 PM

Quote from: oktana on April 10, 2024, 08:19:06 PM

Quote from: Abiky on April 08, 2024, 12:59:08 PM

Quote from: oktana on April 06, 2024, 11:51:33 PM

Yes, crypto will do fine even with meme coins. And I think that there will forever be meme coins. I am not expecting all the memecoins that we see today to keep existing. The truth is that a majority of them will fail, and only the ones that have the capacity to live long will be the ones that will stay. It’s just the same way we have seen so many altcoins come and go over the course of the past years.

If a "meme" coin has strong community backing, it could last for a long time. Dogecoin was once thought to be a failure, only to succeed after it gained the attention of Elon Musk. Now it's hard to believe it'll go away anytime soon. The same could happen with other coins such as Shiba Inu and Pepe. While "meme" coins don't hold any value, they're a great way to learn how crypto works due to their inexpensiveness. You can send money around the world without "breaking the bank" (subject to the Blockchain's network fees).

Crypto newcomers will surely get into "meme" coins before trying out serious project such as Bitcoin or Ethereum. As long as scammers are taken down, there should be nothing to worry about. Who knows what future will "meme" coins have? Cheesy

If you ask me, meme coins aren’t a good start for people who are looking to get into crypto. The great start is Bitcoin. Learning from who created it and why it was created, and then Ethereum and other altcoins, also learning why they were created. People who join crypto today are 99% likely doing it to make money, so if they want to learn how to make money from crypto and they’re starting on a risky ground. That’s dead.

So true, meme coins are not good for starters here, and maybe they got this idea from so called crypto influencers that they can make a lot of money by investing on this meme coins. But that is wrong in the beginning, they should start from Bitcoin or the top altcoins.

I have nothing against those who invest on meme coins, but it's a different risk and I don't have that kind of appetite to begin with. I don't like to take that risk and plunge to meme coin because I did that once and it didn't turn out good with a $1k investment and lost everything.

Sorry for your loss. I’d say it was your luck. Probably at the same moment you lost that money, someone else got rich from a meme coin. If I had $1k to invest in meme coins, I think it’d be smarter to spread it across various meme coins (instead of in just one), proportioning the money based on how much trust you have for the meme coins.