Quote from: MiF on Today at 06:24:21 AM

Quote from: R1dwanRz on May 14, 2024, 04:02:23 PM

So this isn't just a new topic but nowadays I see that on twitter, and discord, people have been profiting from memecoins, especially on solana and some other chains.

BONK, WIF, and MYRO are prime examples of highly traded memecoins that have generated profits for investors. What's interesting is the pattern, when a new memecoin launches or builds hype, it tends to trend across X, telegram and often gets listed on major exchanges.

I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.

I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.

There are lucky and there are also people who lose on investing meme coin, it is very hard to point out meme coins that can truly give us profit, i am in crypto since 2016 and i have a lot of good and bad experience but I've never been ever invest in meme coins, because i know the risk and the possible lose because i know that meme is useless coin and it only depends on hype so for me that is very risky.

I guess i am not lucky on meme coin, because when i buy some meme coin the price will sadly down drastically and i always lose, so i never invested on meme coin again, the investors who buy meme coin and earn is very lucky maybe they experience the hype after buying that is why they earn a lot.

Meme coin is a good investment if you can make a proper timing in buying, because it only needs a minimum capital it only needs small amount of money to buy a bulk of coins, but if you cant make a proper timing it can be a waste of money.