A Quick Guide to Meme Coins

  1. Don’t

Edit: This is not financial advice

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:joy::joy: Tell me you bought the top without saying you bought the top

I’m really tempted to jump in, seems like a wild gamble to me but seeing all these accounts on Twitter (X) claiming they’re making millions is making me want to try. I just don’t know where to start.

Wolf said:
I’m really tempted to jump in, seems like a wild gamble to me but seeing all these accounts on Twitter (X) claiming they’re making millions is making me want to try. I just don’t know where to start.

They’re making millions but they’re also investing thousands of dollars. If you decide to go for it, just remember you can lose money as fast as you can make it.

Wolf said:
I’m really tempted to jump in, seems like a wild gamble to me but seeing all these accounts on Twitter (X) claiming they’re making millions is making me want to try. I just don’t know where to start.

At least with meme coins, you might have a chance to pull out your money before a rug pull happens, unlike that 12 leg parlay that got ruined by a bad call or something. Either way, gamble smart.

Zayn said:
@Chao

Promoting Telegram groups, Discord servers, NFT projects, new sales, IDOs, referral links, meme coins, etc. is not allowed on this forum, therefore your post has been REMOVED.

If you want to ASK or TALK about NFTs, meme coins, etc., there are other forums dedicated to them like r/SolCoins or r/SolanaMemeCoins (Use Them At Your Own Risk).

Thank you for understanding.

Wolf said:
I’m really tempted to jump in, seems like a wild gamble to me but seeing all these accounts on Twitter (X) claiming they’re making millions is making me want to try. I just don’t know where to start.

Look for coins with a strong community, like a Reddit-based one called Snoofi, which I’ve been holding for a while - they even have a subreddit.

New coins are mostly just pump and dumps. It’s very risky, so watch out!

@Windsor
I should add that it isn’t officially affiliated with Reddit AFAIK.

Really staying completely away isn’t the best idea, just don’t go too hard on it.

Keagan said:
Can you elaborate?

A lot of people are just here to shill their coin and/or make quick money.

It’s really not much different from gambling, and I wouldn’t recommend gambling if you’re just trying to make money.

@Jedise
I get your view, but as someone who just added a few meme coins to my portfolio after doing research, I don’t see why you felt the need to post this without context. I know the risk isn’t for everyone, but if you understand the volatility, why not handle it responsibly?

@Keagan
It’s your money, spend it how you want. The post isn’t that serious. Hope it all works out. Thanks for your time.

Jedise said:
@Keagan
It’s your money, spend it how you want. The post isn’t that serious. Hope it all works out. Thanks for your time.

One of my best wins was with Dogecoin, Shiba Inu. I invested £10 and turned it into £1200. I made £100 just this morning! Yeah, it’s risky but I’ve had better luck than playing blackjack or poker.

Maddox said:
I agree.

I feel the same way.

Looks like you’re just upset that people are making more money with meme coins in a month than you have in your whole time in crypto lol.

Kirin said:
Looks like you’re just upset that people are making more money with meme coins in a month than you have in your whole time in crypto lol.

He’s jealous he wasn’t into cheese :cheese: it’s not too late, man.

@Benn
I guess? https://imgur.com/a/LwTNewe

Forget that, lol. Meme coins have given me complete financial freedom - just be smart and know what you’re doing. If not, you’ll get burned.

Rene said:
Forget that, lol. Meme coins have given me complete financial freedom - just be smart and know what you’re doing. If not, you’ll get burned.

Then this guide isn’t for you, clearly you wouldn’t need it if you know what you’re doing.

This guide is for those asking questions like ‘Why can’t I swap my coin?’ or ‘Why is my price impact so high?’ because they have no idea what they’re doing and think meme coins are an easy way to get rich fast. They’re not.