Post
Topic
Board Altcoin Discussion
Re: Another Day, Another Memecoin Event; Anyone Actually Making Money from These?
by
beerlover
on 06/11/2024, 16:52:34 UTC
Lately, I keep seeing these “memecoin carnival” events popping up all over Twitter. It seems like everyone’s hosting some sort of giveaway, and a friend of mine keeps asking if I’ve tried getting in on one yet.

I’ll be honest, I’m skeptical. I’m not anti-memecoin, but I also don’t think most of them have any real staying power. For every success story, there’s a long list of projects that just faded out as fast as they arrived. Personally, I’d rather get some exposure for free through these events if I’m going to get in at all, rather than putting any serious cash into something with “meme” in the name.
Obviously they are just there to create some attention towards themselves, and it will not be good situation at all. We need to realize that we are not going to get a good result all that easily, and things will not be all that simple neither. We need to realize that we are talking about situation that is taking a while, and because of this we can't get a great result on the long term.

I believe that the best thing to do right now would be just focusing on what we can get ,and if we can make that work with the way these people are distributing money for attention, then we could technically just assume that we will make money from them. It is not easy, it requires a lot of effort, but it can be turned into profit if you spend some time on them.