NFT and meme coin have a big risk, but I prefer meme coin than NFT, even though meme coin has a big risk too, but at least meme coin can give me a very big profit if I choose the right meme coin (although it might be very difficult to find meme coin that have the potential to give me a big profits), but at least with the same risk, I can have the opportunity to get big profits from investing in meme coin rather than I investing in NFT.
you are right, both of them cannot be used as an attractive investment especially for the long term, both NFT and meme coin, are too risky, apart from really wanting the funds we invest there to disappear. but if I were asked to choose between the two, maybe I would too It's the same with you that you prefer meme coins, at least have experience that some meme coins can improve, even though it's not because of their efforts. but as earlier I said that it is not for the long term if you want to invest in meme coins, because there are always unexpected things that will happen to meme coin holders, coins can be worthless and disappear from the stock exchange.
Unfortunately there were a lot of people who got into the hype and invest into them for some reason. I do not know why they did that but I believe that they shouldn't have done that at all. Look at the market now, they are basically doing as bad as it could get and we have no idea why they made those insane investments.
People who invested millions into NFT's lost like 90% of their money just because they believed in something that could make them money, and the thing they believed in were some images. When we mocked about it, they were mocking back saying how much they made with it, look at it now and understand why investing into an image was a wrong move, sure some may have made some profit, but a lot of people lost millions of dollars.
