Are meme/NFT investment really worth the hype they're getting?. - page 2.

xiboothrezi

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Quote from: fullhdpixel on August 15, 2021, 10:34:42 AM

~Or you can even avoid them entirely and stick with the old coins and be investing in them. Old projects are always the best because they are more reliable and you have nothing to worry about.

So far I have no intention of buying NFT as a long or short term investment, I think it is still very risky because it requires full support from the community and market hype. Moreover, I'm still confused with nft in the field of art, indeed the price depends on the bidder, but sometimes the price doesn't make sense. maybe my art lacks taste, but that's how it is.

the one that's been busy lately is nft gaming. this must be very fun for gamers, besides playing to entertain themselves as well as being able to invest with nft. Cool, right?
I also like to hunt for nft airdrops, who knows, I can get a high price.

HashingTower

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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

harapan

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Quote from: QueenVera on August 11, 2021, 12:36:20 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.
[quote/]
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.

It's pains me the way investors no longer prefer coins or projects with a good use case, now they prefer buying meme shitcoins and hope it pumps so they can become more rich, we can't really tell them what to do with their money cause we ain't their dad or financial advisor, maybe some day when their shitcoins make them become Rekt they might change their mind and start buying coins with real utility rather than fun tokens.

Cornia

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This time the bull run is called the bull run of memecoin and NFT. Because meme and NFT have huge pumps which are not worth it. Gradually people are moving away from these because now people realize that this hype is temporary, it will not last. So if you want to invest, invest in Bitcoin.

Silberman

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Quote from: QueenVera on August 11, 2021, 12:36:20 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.

What happens is that those people are not really interested in the market itself and are only interested in what the market can give them, as such they want fast profits and nothing else and in order to get those fast profits they desire then they need to invest in whatever has the most hype at the moment and at the time we are writing this NFTs are without a doubt the most hyped up assets in the market, so as you can see it is easy to understand their mentality even if for people like us it does not make a lot of sense.

Hamphser

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Quote from: molsewid on August 15, 2021, 11:06:09 AM

Quote from: BitTraderCute on August 15, 2021, 06:45:47 AM

i think it is not only hype , but really usecase and the uniqueness that make NFT concept really be new investment choice. beside used as art or other content , now NFT project also developt new concept in gaming space thats called as play to earn game. Simple rules was , when we could earn money from playing games, it will attract everyone to play it and even ready to spend some money to but NFT character.

I do really agree with you mate NFT were not only for art, for music or a digital concept of luxury brands like watches and now it is more known in a games but the use case of the NFT projects is amazing. I mean maybe NFT projects were now hype because this project feature is really good enough to be hype and people get hook to it because it is proven that they can get or earn a profit from it. I believe that it is really worth it to invest in NFT projects but see to it that before you gonna risk your time, effort and money to invest you already did your own research about the project.

My first impression were not really that great in first of hearing of it because it was just all about art and something but in the time where its been applied on games then this is where my interest poke up.

Yes, the hype is really getting higher as we do go day by day specially on games industry.Ive seen lots of popping out like mushrooms and speaking of investment.I had actually make out some buy out

of those NFT's which i can consider to be that good since i could really get ROI in a short span of time.This is risky but really worth to try of if you do really know on what you are doing.

molsewid

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Quote from: BitTraderCute on August 15, 2021, 06:45:47 AM

i think it is not only hype , but really usecase and the uniqueness that make NFT concept really be new investment choice. beside used as art or other content , now NFT project also developt new concept in gaming space thats called as play to earn game. Simple rules was , when we could earn money from playing games, it will attract everyone to play it and even ready to spend some money to but NFT character.

I do really agree with you mate NFT were not only for art, for music or a digital concept of luxury brands like watches and now it is more known in a games but the use case of the NFT projects is amazing. I mean maybe NFT projects were now hype because this project feature is really good enough to be hype and people get hook to it because it is proven that they can get or earn a profit from it. I believe that it is really worth it to invest in NFT projects but see to it that before you gonna risk your time, effort and money to invest you already did your own research about the project.

fullhdpixel

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Quote from: QueenVera on August 11, 2021, 12:36:20 AM

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.

Yeah, they are not really worth the hype, most of the times it’s just tactics to take money away from people and nothing more. Although those who are early investors tends to benefit from it a lot more than those who are coming in late. So I guess if you want to participate in any of them you have to make sure that you’re getting in early, and once you have made profit, you can sell the coins and take your profit and move on. Or you can even avoid them entirely and stick with the old coins and be investing in them. Old projects are always the best because they are more reliable and you have nothing to worry about.

DeathAngel

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To be honest no, it is in my opinion just a phase. NFT is the ICO of the last bull run, mostly paying over the odds for a load of crap. Save your money & buy bitcoin.

BitTraderCute

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Quote from: dhemasm on August 14, 2021, 06:22:25 PM

From my perspective the current NFT market was only driven by some hype even though NFT Concept Can change intellectual property problem in the future through the Decentralized system where everyone can see and verify the content authenticity beside that it's worked for some game based items for example like Axie Infinity, There are tons of potential beside some Art, Gif, Content that sold on the market for high price right now that sold because driven by Hype, Maybe in the future we can see effectiveness, Let's wait for now and enjoy the wave!

i think it is not only hype , but really usecase and the uniqueness that make NFT concept really be new investment choice. beside used as art or other content , now NFT project also developt new concept in gaming space thats called as play to earn game. Simple rules was , when we could earn money from playing games, it will attract everyone to play it and even ready to spend some money to but NFT character.

Ever-young

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I think NFT deserve all or will I say it deserves more the idea of that NFT is a great one, I think NFT should be the most vibe token ever, because it's all about originality, appreciating the hard work and talent deserves more reward.

Princejebs

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Quote from: BitKongy on August 11, 2021, 09:47:24 AM

No one is misguiding anybody, if the talk is about NFT then it's no joke just make sure the NFT project is a well know or atleast well established then you will be fine, NFT isn't overhyped like DeFI projects it's something that works so well that's why they are successful.

NFT is not overhyped like DeFi that's because, it's not everyone that like art, I'm one of the many who don't fancy art as an investment.
So far, I have seen some projects do well and their treasures market where anyone can sell this NFT is really great but what comes after all this is what I don't understand. What is NFT project bringing to adoption like the way bitcoin and Ethereum are currently.
Ethereum users are even finding it difficult to use NFT because the fee needed to move this non fungible tokens are expensive. So, I don't know where the adoption is coming.

dhemasm

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Quote from: TelolettOm on August 14, 2021, 05:59:07 PM

I see many NFTs are sold at very high prices. It is si sometimes multiple prices of ETH. Wow.
And I am still confused about what differentiates them and what makes them pricy enough and v=valiable enough. maybe because I don't know about art or even the design of NFT itself.
But, if seeing from the hype right now, it is very worthy in NFT. By utilizing every NFT and its price, applied in some tokens or coins may be also worthier someday.

From my perspective the current NFT market was only driven by some hype even though NFT Concept Can change intellectual property problem in the future through the Decentralized system where everyone can see and verify the content authenticity beside that it's worked for some game based items for example like Axie Infinity, There are tons of potential beside some Art, Gif, Content that sold on the market for high price right now that sold because driven by Hype, Maybe in the future we can see effectiveness, Let's wait for now and enjoy the wave!

Mariaverde

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Quote from: CryptoG99 on August 13, 2021, 11:00:21 AM

NFTs are a hard space to invest in sometimes. LOTS of current projects that have already taken off. I feel that some of the "nft games" are build for earlier adopters can make a lot of money but people late to the game have a hard time catching up. This is why I am excited about Colosseum cards as it is a project not yet launched yet and I have a chance to get in from the start. It is an NFT project coming out in the near future where you'll be able to buy packs and unpack them for a chance to get one of your favorite football players. You can also sell the card you unpacked on the marketplace and earn a 2% trading fee forever after each time it's sold. They'll even have young talented players whose value will go up or down depending on how they perform in real life. It's a project worth checking out.

Wow yes, that's a project worth checking out. Thank you

TelolettOm

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I see many NFTs are sold at very high prices. It is si sometimes multiple prices of ETH. Wow.
And I am still confused about what differentiates them and what makes them pricy enough and v=valiable enough. maybe because I don't know about art or even the design of NFT itself.
But, if seeing from the hype right now, it is very worthy in NFT. By utilizing every NFT and its price, applied in some tokens or coins may be also worthier someday.

ene1980

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Quote from: sirminesalot on August 12, 2021, 08:18:01 PM

NFT is a whole new crypto system that really can not compared to a meme coins. NFT is currently used by many crypto games as their marketplace to sell in game items. This NFT is really fit for selling any online items or in game items on the internet, i'm sure there will be a lot of games using NFT in the next years because it works on several games like Axie or Vulcan Verse.

In a few years we will see some major players in the NFT platform, right now i have my take on the market as i started following them because they started adding P2E games which is really interesting and can develop a major market and i am looking for new projects that have visionary developers who can make the best platform for games. I am not a big fan of collecting digital art but i have seen some are coming out with authenticated art work which is a game changer.

Naficopa

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It still pays off to invest in the NFT at the moment, because the hype is still going on. However, in my opinion, this is too risky an investment in the long term. When the hype ends and popularity goes down, prices will fall as well, and the NFT itself will become as niche as collecting postage stamps.

FlamingFingers

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To be honest I think those guys that are buying an NFT artwork for a huge sum of money are probably doing money laundering, I can't just imagine buying just an artwork for 500k dollars or more, instead of investing the money in altcoins and bitcoin for the more profitable funds, in some years to come I believe that the truth will come out after the NFT hype has been subsided

Psynthax

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Quote from: sirminesalot on August 12, 2021, 08:18:01 PM

i'm sure there will be a lot of games using NFT in the next years because it works on several games like Axie or Vulcan Verse.

I think what stopping good quality high rated game from using NFT is if the concept is still complicated, it will be harder for them to use it.
Most of the high rated games will probably stay with the same way they using right now until NFT become more simple and easy to understand.
But there is also always a chance for the high rated games to use NFT as well maybe to make their game more interesting and attracting, it could help them improve their game uniqueness.

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Quote from: sirminesalot on August 12, 2021, 08:18:01 PM

Quote from: slaman29 on August 12, 2021, 12:34:09 PM

NFTs are almost the same too, though... maybe not all but similar attitudes in most.

NFT is a whole new crypto system that really can not compared to a meme coins. NFT is currently used by many crypto games as their marketplace to sell in game items. This NFT is really fit for selling any online items or in game items on the internet, i'm sure there will be a lot of games using NFT in the next years because it works on several games like Axie or Vulcan Verse.

I wasn't comparing the systems but the communities associated with them. But yes I acknowledge, there are some really good and decent (And honest) artists and creatives in NFT space, but they are actually a small minority. The big majority of NFT people aren't different at all to me at first glance from regular memecoin and altcoins and ICO communities.

Gaming NFTs are different yes that I'll admit.

Topic: Are meme/NFT investment really worth the hype they're getting?. - page 2. (Read 600 times)