Discussion Memecoins

[LucifersIntrovert]

Is there possibly anyone on here that's successful with trading memecoins? Ive been trying it and getting absolutely hosed day after day. I look for all the signs in trusting the coin. But i trade in a low port so i make literally 0 money back at this point and was wondering if anyone's successful and willing to walk someone through becoming profitable.

 

[a65b]

memecoins are dead imo, i did have some succes in 2024 but i was mostly luck. I dont think there is a winning strategy nowadays

 

[SnaileyBailey]

Don't do meme coins. Majority are scams that rugpull as soon as they get high enough.

 

[Alpacachino]

Don't do any crypto trading with memecoins. Yes, some will take off, but it's a complete coin toss.

There is a way to do crypto trading, but you got to buy in the bear market when everything is at an all time low and then wait for the bull market when it will peak. And only do this with the top 50 coins. Do not buy garbage. They're all scams. There's a lot of money to be made if you're patient though.

For example, I made good money trading chainlink.I bought when it was around $7.00 and sold when it was around 28. Just a few months ago. That's a 400% profit. But I had to wait years for that. There's no quick fix.