Are meme/NFT investment really worth the hype they're getting?. - page 3.

andireynold98

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Quote from: CryptoG99 on August 13, 2021, 12:00:21 PM

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.

Really agrees with you, i mean i totally agreed with you. When people says NFT at the first time i was like huh what is that, and then i searching and searching most of NFT has a value and some of them has a great also wonderful value like on opensea list it says can be up to 1 eth or more. Well while Colosseum Cards is still new for me but when i see to their concept i really fall in love with theirs. Because such missed my child hood that i always trying to buy card packs with players inside it. So yeah i really love this concept of cards pack also they can be our NFT. Really mind blowing for me.

conected

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Quote from: gwdf1 on August 12, 2021, 09:09:41 PM

Quote from: QueenVera on August 11, 2021, 01:36:20 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.

I share your point of view, I don’t see any real reason for investing in NFT or meme coins. What is their utility? They don’t carry any real value, so they can’t be profitable in the long term. On the other hand it is a way to earn a lot of money very fast. As if something is profitable and in hype, people will invest in this. Personally I don’t play any NFT-games, buy NFT-pictures or invest in meme coins as I consider this to be too risky.

- If you were wondering about the utility, I can only summarize the coin meme as you say, hype is its basic value and utility, renamed many times and such projects only represent a trend where the community creates, pumps more money, launders and makes money, worthy for those who love betting and adventure. NFT has a little more utility and use, its environment aims to store valuable products, collectibles and trade in the game platform, maybe these values are still vague but if a game company adopts and has products and crypto tokens, this could be worth a long term investment

CryptoG99

jr. member

Activity: 100

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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.

sirminesalot

sr. member

Activity: 1148

Merit: 252

Quote from: slaman29 on August 12, 2021, 01:34:09 PM

As much as I like Dogecoin this cannot be more true. People see memecoins as a dogecoin version 2 or 3 or whatever but the people who developed them and the people who adopted them and then used them to give to all those famous charitable causes are NOTHING like the masses and hordes in defi and memecoins now. Absolute shillers with no thought about what happens to people they'll dump on.

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.

gwdf1

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Activity: 680

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Quote from: QueenVera on August 11, 2021, 01:36:20 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.

I share your point of view, I don’t see any real reason for investing in NFT or meme coins. What is their utility? They don’t carry any real value, so they can’t be profitable in the long term. On the other hand it is a way to earn a lot of money very fast. As if something is profitable and in hype, people will invest in this. Personally I don’t play any NFT-games, buy NFT-pictures or invest in meme coins as I consider this to be too risky.

mhine07

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Activity: 560

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Quote from: QueenVera on August 11, 2021, 01:36:20 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.

If that was easy to do as to say that just buy bitcoin and have profit, some people do not have the amount of money to buy a single bitcoin that is why they diversify their money into some meme coins and make an instant profits. Those who are rich may have the money to buy any kind of coins as they want and make their coins cycle in the world cryptocurrencies. Scammers are everywhere, whether rich nor even people who needs money. Investments in cryptocurrency has always a big risk.

evichi

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Activity: 1288

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The rise of meme tokens and coins has been on the increase in recent times and I begin to wonder how many of these meme coins will survive the future? It is a question really worth thinking. Another main concern is the place value of the token decimals - running to billions. I am just wondering that $10 dollar worth of coins will see you holding billions of the token or coin. Is it really worth it, is it not more confusing? While we recognize that crypto space is all about community, But I think it is advisable to check well before you invest you funds no matter how small.

7788bitcoin

legendary

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Quote from: QueenVera on August 11, 2021, 01:36:20 AM

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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.

People do invest in NFT as a fan and then there are many that resell them and make a quick profit especially rare NFT collections. Basically i have seen users flipping these coins at a much higher rate than they purchased and that is the motivation in investing in NFT rather than just code which could pump and dump any day.

The NFT market is just beginning and even now some of the sporting legends are releasing their NFT arts and they are selling much quicker than i anticipated earlier.

Dread Pirate Roberts

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Quote from: QueenVera on August 11, 2021, 01:36:20 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.

Based NFT games are investment. but in fact not all NFT will be successful. such a thing will surely always exist in the crypto environment. if you dont like it simply ignore that just like ICO in the past some people like to do it some people are against about it . Concept ICO and NFT its almost the same but NFT now much better because their user or investor can directly using platform.

slaman29

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Quote from: crzy on August 11, 2021, 06:05:27 PM

Meme tokens are pure of hype and not worth to be consider as a good investment, meme token are only for those who take the risk of a pump and dump price, so if you’re a risk taker go for meme token.

If you are looking for a more serious investment, NFT can be a good choice because there’s a lot of good projects for NFTs, I do focus more on the NFT games since I’d love playing while earning and I see their growth over time already, I believe they are meant to stay in the market.

As much as I like Dogecoin this cannot be more true. People see memecoins as a dogecoin version 2 or 3 or whatever but the people who developed them and the people who adopted them and then used them to give to all those famous charitable causes are NOTHING like the masses and hordes in defi and memecoins now. Absolute shillers with no thought about what happens to people they'll dump on.

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

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

I think it is not the "hype" this time around, it is the fact that it is something brand new, which means that people want to play those games, and that is definitely something that we should be focusing on, is this called hype? I am pretty sure that it should not be called hype, because in crypto when something is hyped that usually means it is something regarding the price of it, price goes up and then it goes down, but at the early stages the price skyrockets because of the hype.

This is a bit different, it is not "just" about the price, of course it has something to do with it, who would play games to lose money, that would be gambling, but here we have the "gaming" part where people are also having fun, it is way more than just buying something and waiting for weeks to make a profit from it, you buy it then you play with it until it gets bigger (lol) and that is usually very entertaining.

alpamar99

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For memes I don't want to discuss it because I think at least for now it's too risky even though at first since before there were pumps and dumps I still kept my assets here but for now I don't think I will store assets here because there are too many pumps and dumps and manipulation that takes place.
Unlike NFT, I still collect and play several NFTs, one of which is Axie Infinity.
the reason is very clear because NFT is now starting to get hype and I think some NFTs are good enough at least for now to be adopted. other than that I think NFT is quite simple to play and used as a farm that makes me interested here.
apart from all that, here is our freedom to do something there are no restrictions, no restrictions and no standard rules that can be used as a reference. everyone returns to their respective perspectives do what you think is best with the research you are doing

odukoyaewatomi27

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I really dont get meme NFTs to be honest. I believe that any good investment has to be backed up by very good fundamentals and there is no fundamental reason why anyone should spend a lot of money to own a meme.
The only type of value i see is the sentimental value that it may have to the owner. However sentimental values doesn't make it a good investment.
I prefer NFT of Artworks, liquidity providers etc

Princeofpoetry

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PUGG.io

Investing in meme coins is useless, we don't get long term profits. while NFT is good for artworks, if anyone invests it is an appreciation of what they create. I will not invest in both

llecrf

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Quote from: QueenVera on August 11, 2021, 01:36:20 AM

*Snip

Art has no limit price because art has beauty and it is unique, NFT is good for collectors and artists who have lots of ideas for the art they create, we don't have to bother with auctioning and selling an item to someone far from the item the.
Digital platforms like the NFT platform changed everything and NFT started as a funny game cryptoKattie.

memecoin will always be hype because Dogecoin reached an ATH that was never predicted before, investors tried to place their money and hoped that the new memecoin would be the same as Dogecoin and it turns out that SHIB is currently getting selected and several other memecoins keep coming to fill the list of new memecoins in the crypto market
- https://coinmarketcap.com/view/memes/
- https://www.coingecko.com/en/categories/meme-token

macson

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Quote from: dimonstration on August 11, 2021, 07:00:41 AM

So before you post this, NFT and meme are not an investment material in terms of profitability. NFT are meant for collection and meme coin is just shitting investor. The main purpose of this is not fit for investment so don't invest your money on it if your focus is to gain only. You will be lucky if you buy an NFT that will in demand in future but considering how many NFT minting everyday. Its so hard to spot a real gem. As for meme coin, don't consider touching any of it. Its a pump and dump coin.

i think the same as you, nft and meme coins are for collection purposes only and have a small chance to make a profit in the future. tokens that fall into the nft category and meme coins very rarely have people interested in buying, unlike bitcoin or altcoins. so when you decide to buy nft tokens or meme coins you have to be prepared to have tokens that have no potential.

Rengga Jati

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Two answers:
1. YES
- If you really know which meme or NFT games coins have good fundamentals and are also considered as good projects
- If you really know how to manage your money and your risks when going to invest or trade in them
- If you really know their cycle and mechanisms going in the market, its pump and dump
- If you really know how to utilize every moment to get the chance to buy and sell the coins so that you can take big profits.
- If you are a high-risk taker and not a panic person

2. NO
- If you only follow the hype and FOMO
- If you are new in the crypto world
- If you don't know what kind of market situation of the NFT game and meme coins
- If you cannot control yourself to manage the money and investment
- If you dont know when to enter and when to sell the coins
- If you are a panic person, only based on hype and FOMO

crzy

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Meme tokens are pure of hype and not worth to be consider as a good investment, meme token are only for those who take the risk of a pump and dump price, so if you’re a risk taker go for meme token.

If you are looking for a more serious investment, NFT can be a good choice because there’s a lot of good projects for NFTs, I do focus more on the NFT games since I’d love playing while earning and I see their growth over time already, I believe they are meant to stay in the market.

livingfree

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Meme coins are not good enough to be sustained but as long as it's tradable, there will be influencers that are going to hype it and that's the same with nft arts.

Although in NFTs, there are also other things that you might get interested with specially the p2e that it has. I'm into an NFT game that's very popular these days and in the forum a lot of discussions are there, the Axie Infinity.

In my experience, so far it's satisfying to me. Enjoyable and profitable in the long run and hopefully developers will maintain its current state for it to last.

cryptoperkele

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Quote from: QueenVera on August 11, 2021, 01:36:20 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.

When it comes to memes, they rise with the bull run, so some of them might be profitable, no matter if they are useful or not. There are ton of idiots with money spending them on irrelevant things and stupid money is the easiest to collect.

When it comes to NFTs it's like asking that is it worth to invest in cryptos. NFT is an umbrella term for various things. I personally don't get the art hype, it's not like you legally own anything, or it's on the legal grey area anyway. investing into NFT can also mean things like THETA, FLOW or ENJ and various others where you are basically investing to protocols. In that way there at least will be liquidity, unlike in most NFT collectables.

Topic: Are meme/NFT investment really worth the hype they're getting?. - page 3. (Read 584 times)