Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air
So much has changed in this crypto space, still surprised at how investors stopped buying coins with good use case rather they prefer some "cumdogerocket" meme shitcoin, i never thought a day would come when a meme coin without a real project will gain massive value and attention from investors, it seems they all want to get rich quick rather than wait for a year or more to get good profits from their investment, this meme coins aren't worth the attention they're getting honestly. 
Topic: Are meme/NFT investment really worth the hype they're getting?. (Read 611 times)
August 21, 2021, 02:02:50 PM
The meme coins? Not really. Elon didn't create any hype on meme coins. He just said he was investing in Doge coins and that he likes doge coin. He said he will help the doge coin developers and community. Did he tell anyone or force anyone to invest in Doge? Nope. Some people followed him like a sheep, while others took the advantage of this and knew what would happen. It is them who started to promote various shitty meme coins. Yet people keep on blaming Elon for everything lol. The NFT investment is just a hype. It probably won't die forever, but won't be as popular as it is now.
It is always the same, as soon as there is a reason to believe a coin is going to be successful a lot of clones appear immediately and people are dumb enough to invest in those coins, I agree that not all of this is the fault of Elon, he only stated his preference over dogecoin and then everyone assumed that this support will also fall on meme coins and they began to invest in them and then we saw a surge on those types of coins as scammers realized this was a golden opportunity for them. 
August 19, 2021, 11:54:19 AM
I do not really guess that people would be "mad" over something like this. I have seen so many people who are mad that people are spending their money on games. I mean it should not be that weird because let's face it we have spend tens of billions of dollars on games that we did not made any money at all as humanity, even just GTA itself made more money than all of play to earn NFT games so far and very few people made any money from GTA, some did surely but not all.
So all in all, I would have to say that there is nothing to be mad about, people could spend as much money as they want on this, and play some games and eventually they could make some money or maybe lose a lot of money but at least they would have gotten something out of it instead of just "bought some, did nothing, and lost it all" because that is literally what happens when you invest into a coin and lose money.
So all in all, I would have to say that there is nothing to be mad about, people could spend as much money as they want on this, and play some games and eventually they could make some money or maybe lose a lot of money but at least they would have gotten something out of it instead of just "bought some, did nothing, and lost it all" because that is literally what happens when you invest into a coin and lose money.
August 18, 2021, 06:51:29 PM
if you want to invest, then NFT is a place for short-term investment because if you keep NFT too long it will not give you much profit. take advantage of the hype of NFT when prices are high you can immediately withdraw profits.
Take advantage with the hype and as it should be and if you are wise investor then you would really be having this kind of mindset.Take profits while you still can because this is something which isnt permanentand when the time is over in terms of hype and interest or popularity of NFT's then it would be mainly affecting on what you had invested. Be wise and be vigilant on what are the things that could happen
in the market. About on the hype they are getting then its just normal that people will dive in into things which are currently new into this market.
August 18, 2021, 06:31:17 PM
Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air
Meme coins and NFT might only be good for temporary gains but if you want to make real investments that will satisfy you with huge returns, then we should not rely in meme coins and NFT. I think they are just good for pump and dump and the worst is their value might not be recovered and might only end up as shitcoins.Focus on bitcoin and ethereum. Their value might be hyped too but the security is there that even if the value gets dumped, they will always recover and keeps surging even more.
That is why I'd never had an interest in buying with them coz I'd never see any fortune with them. Yeah, this might only be a temporary investment but feel high risk on them rather compared to other projects.
August 18, 2021, 06:19:24 PM
The meme coins? Not really. Elon didn't create any hype on meme coins. He just said he was investing in Doge coins and that he likes doge coin. He said he will help the doge coin developers and community. Did he tell anyone or force anyone to invest in Doge? Nope. Some people followed him like a sheep, while others took the advantage of this and knew what would happen. It is them who started to promote various shitty meme coins. Yet people keep on blaming Elon for everything lol. The NFT investment is just a hype. It probably won't die forever, but won't be as popular as it is now.
August 18, 2021, 03:05:20 PM
Meme coins shouldn't be compare to NFT projects never, meme coins have no good utilities than been just meme 100% but NFTs are so damn useful, stay away from meme coins and go for NFT projects instead
Even if the nature of both of those coins is completely different at the same time the reason why both of those type of coins are going up in value is the same, the hype behind them is huge and people are expecting to make a fortune with both of them, and while this is going to be true for some people I really expect that most people are going to get very similar results and those results will be that a great deal of them are going to lose all of their money as the great majority of those coins are completely useless and offer nothing new to this market. August 18, 2021, 10:41:47 AM
Memecoins are not to be taken seriously and I think they are projected to fail. Doge only lasted this long because it has been endorsed and advertised by high profile people but I think this is because they are trolling instead of believing that Doge is worth investing into. NFTS are hyped right now I like to compare them to the ICO craze back in 2017. They were all the talk back then but now people know that they are worthless and many projects have failed.
August 18, 2021, 10:29:00 AM
I think you need NFTs and other games like this on the blockchain to get everyone interested in it. Attention is not zero sum -- when more people know about a product, the more valuable it is.
August 18, 2021, 10:14:18 AM
Sometimes I begin to wonder how it's easy to misguide the members in this community. The rich has made so much money form their investment in crypto and other aspect of investing now they just want to have fun by playing with meme investment like Elon musk. Without understanding that, we now see that decision of theirs as an investment opportunities and go putting all our money in a joke.
The rate at such a stupidity is what make me believe, we still have a long way to go in this industry. We don't understand the rich are messing with our heads in this industry. How can someone bindly buy an Art fir such high amount all in the name of participating in NFT. We don't learn form our mistakes in this industry. Isn't it same way we had thousands but fICO in the past and they mostly scam their investors which the presale participate profited.
Why risk it all on meme and NFT when you can simply buy Bitcoin or other legit coins and profit in the future. We have to stop giving this rich bastard and scammers the room to scam us and ripoff of our money. Stop this worthless investment and Invest in the right things to secure a bright future.
The rate at such a stupidity is what make me believe, we still have a long way to go in this industry. We don't understand the rich are messing with our heads in this industry. How can someone bindly buy an Art fir such high amount all in the name of participating in NFT. We don't learn form our mistakes in this industry. Isn't it same way we had thousands but fICO in the past and they mostly scam their investors which the presale participate profited.
Why risk it all on meme and NFT when you can simply buy Bitcoin or other legit coins and profit in the future. We have to stop giving this rich bastard and scammers the room to scam us and ripoff of our money. Stop this worthless investment and Invest in the right things to secure a bright future.
In my Opinion, I don't think it is wise to invest on hype coin. Usually they not last very long, but there's also a coin that last very long. Like Shiba Inu Coin for example.
For me, i don't want to spend all the money on hype coin like that, unless i know well the coin prospect for the future
August 17, 2021, 08:37:22 PM
nft is indeed quite unique and deserves more than the hype. this is a unique innovation where we can get satisfaction in pursuing hobbies and investments, right?
get double pleasure, it's a shame to miss. gamers can enjoy brand playtime, unwind, and get rewards or collect rare items from the nft game.
take a look at opensea or other nft markets, many of the artworks offered at very extraordinary prices by the fans, for example cryptpunk, are truly extraordinary.
I wonder why this crypto punk NFT art is really priced at such high price, I just can't see the appeal however the NFT game is indeed an interesting market.get double pleasure, it's a shame to miss. gamers can enjoy brand playtime, unwind, and get rewards or collect rare items from the nft game.
take a look at opensea or other nft markets, many of the artworks offered at very extraordinary prices by the fans, for example cryptpunk, are truly extraordinary.
But most of the NFT games also need improvement, most of these games are usually a really simple game, maybe there is exception for NFT game like vulcan verse where it's 3d game and seem more interesting, but most of nft game are just turn based game that will become boring overtime, its good if there is high quality game in the future.
August 17, 2021, 05:14:31 PM
Simple Greed Is what consume us all We all want the next 100X or even 1000X coin and NFTs have done it again and again so basically its assumed they will make higher moves again Basically people rush into newer coins thinking it will be crazy profitable at the end of the day and when that happens good for everyone When it fails then thats too bad and sorry to those that went all in Never ever go all in Stay and calculate first
August 17, 2021, 04:38:12 PM
Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air
Meme coins and NFT might only be good for temporary gains but if you want to make real investments that will satisfy you with huge returns, then we should not rely in meme coins and NFT. I think they are just good for pump and dump and the worst is their value might not be recovered and might only end up as shitcoins.Focus on bitcoin and ethereum. Their value might be hyped too but the security is there that even if the value gets dumped, they will always recover and keeps surging even more.
August 17, 2021, 04:28:06 PM
Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air
Meme tokens for me are not really worth the hype they are getting at.
But NFT, they have use case that the community needs.
Like in games or as NFT collectibles created by artists/personalities or athletes.
NFT is a new digital way to connect these personalities to their fans.
This is why a lot of popular personalities are now discovering the world of NFT.
And this hype is just in the early phase. It will grow more in the next coming years.
get double pleasure, it's a shame to miss. gamers can enjoy brand playtime, unwind, and get rewards or collect rare items from the nft game.
take a look at opensea or other nft markets, many of the artworks offered at very extraordinary prices by the fans, for example cryptpunk, are truly extraordinary.
August 17, 2021, 04:19:00 PM
How is it not hyped when millions and thousands of the Us dollars in Ethereum and other altcoins are been charged. NFT are even hyped more than Defi, Imagine the success it has gotten in the short period of just a year or two it has exited. It took Defi sometime before to caught up to the community. Today Defi are been promoter bey numbers of influencers just fir their selfish reasons.
Defi even worked more than NFT, most of them have working product that people are using to interact with the smart contacts but not saying all the projects out there using this technology as a hyping catalyst are good to invest in. Don't be fooled, investment wisely. Don't make investment in the next two years you'll regret.
I wouldn't really say that Defi is smaller than NFT right now, plus they are very different stuff as well. Defi is a whole system of how to manage your money, NFT is a way to make money by working, people would be crazy to give up that much money while working, but one day when people start getting paid less than what they want to, then they will stop working as well.Defi even worked more than NFT, most of them have working product that people are using to interact with the smart contacts but not saying all the projects out there using this technology as a hyping catalyst are good to invest in. Don't be fooled, investment wisely. Don't make investment in the next two years you'll regret.
If you tell people they can work and make $1 per hour they work, some people will take that, not everyone but some people from specific nations will take that, but what would happen if richer people stop going there because of how little it pays? Eventually those poorer people who are willing to work cheaper will not find richer people willing to buy their manhours. This is why I believe NFT is a soft hype that does not have a limitless situation. Whereas defi is not like that, you do nothing there, making 20% guaranteed income is good enough, and if you are not working at all? Then it is even better.
August 16, 2021, 11:02:11 AM
Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air
Meme tokens for me are not really worth the hype they are getting at.
But NFT, they have use case that the community needs.
Like in games or as NFT collectibles created by artists/personalities or athletes.
NFT is a new digital way to connect these personalities to their fans.
This is why a lot of popular personalities are now discovering the world of NFT.
And this hype is just in the early phase. It will grow more in the next coming years.
August 16, 2021, 10:48:29 AM
I know projects that provide an opportunity to invest in their project if you previously received NFT in a limited form. In addition to the fact that people speculate and the NFT market itself is overvalued in my opinion, I think this strategy of stimulating the community is acceptable.
August 16, 2021, 10:43:31 AM
Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air
August 16, 2021, 09:19:48 AM
I don't think there's anything to gain from hype, for example, I've seen pictures of kindergarten children's scratches valued at 1000$ sometimes it doesn't make sense I think what if NFT isn't as hype as it is today, it's true that you said it's better to invest in bitcoin or altcoins Compared to the pictures it's not clear
August 16, 2021, 08:56:10 AM
Yes, I think so. Why people don't research themselves and just follow these richer people blindly.
There are hundreds of trusted and strong projects where we can get good profit. These meme coins have always given me loss. I suggest those who are looking for shitcoins, which can give them profit. You should take a look on some trusted projects such as, FTT, MATIC, ADA, Bitcoin, Ethereum and there are many more.
They prolly think advice from rich and influential people will make them become rich also, that's why most of them just go all in for whatever coins that is been advertised by these rich people, I haven't tried investing in meme cause the percentage of losing my money is way higher than the winning percentage, I prefer trusted projects like, matic, eth, ada, btc and near, rather than these meme coins. There are hundreds of trusted and strong projects where we can get good profit. These meme coins have always given me loss. I suggest those who are looking for shitcoins, which can give them profit. You should take a look on some trusted projects such as, FTT, MATIC, ADA, Bitcoin, Ethereum and there are many more.
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