NFT OR MEMES - page 6. | Bitcointalksearch.org

TastyChillySauce00

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Quote from: uneng on May 25, 2023, 05:21:06 PM

Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.

What kind of usecase? majority of NFT were useless piece of shits. I never seen that if there was NFT that has real use case. So many item in related to the online game was not representing the usecase. It doesn't even need NFT to make it happen.
NFT is still experimental thing at this moment. No reason to call that NFT was better compared with meme coin.

royalfestus

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Quote from: avikz on May 22, 2023, 08:25:09 AM

Better to not invest in such nonsensical things called NFT at all. The market is full with great investment opportunities, so make use of them instead of buying stupid NFTs. The NFT market is going to die soon so if you have already invested, try to recover them because it will be extremely difficult to recover if you delay.

Invest in Bitcoin or any other good coins directly. Buy Gold coins, buy stocks and insurance etc. Do whatever you want except buring money on NFTs.

I have some reservations about NFTs, as I believe they can be used for money laundering purposes. The exorbitant prices paid for artworks also raise concerns. However, I do see potential in areas such as music, real estate, and collectible NFTs, as long as they are properly regulated and improved upon.

lalabotax

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These are two choices between two choices that are quite bad. Because, I personally am not a fan of either of them.
I remember how when meme coins and NFT were very hype, it was really amazing to see how their prices increased, how people accepted them and traded them so easily. But after the hype ended, many people lost money because it was too late to sell them. And even most of the meme coins have become dead-coins that are worthless and have no value in the market. As for the NFT itself, maybe there are NFTs that are really good for the long-term, but there are also NFTs that are like shit coins in general. So it depends what NFT you invest.
Again if it were me, neither would be my choice. It's too risky and I'm not sure if I can handle it or not. so it would be better not to get involved, right?

goaldigger

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Both of these are working with the hype, though NFTs are quiet different as some projects have their own utilities. I prefer meme tokens is there’s a good hype, and prefer NFTs if its a P2E. There’s a good opportunity for you to make profit here, so take your chances now and invest on where you think can work for you. Meme token seem to get more hyped when the market is pumping, and right now there’s no good hype for NFTs.

wheelz1200

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How about neither. You are chasing past pumps, every new cycle a new set of things pumps. Why not just buy bitcoin. Memes I can't believe people even put theor money in and nfts are so overvalued I wouldn't go anywhere near them. They are both just cash grabs.

barlo357

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I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.

fvb

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I agree with the opinion of forum users that this is a pointless investment. That is, neither NFTs nor memes bring any real benefit to participants and investors in such projects. Therefore, in my humble opinion, this is a waste of money and there are really real opportunities for investment.

Cling18

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None of them to be honest. They're just both worth investing in during the hype and not for a long-term run. Those who invest in their early phase may take advantage and generate profit but late investors will just end up losing everything so it will be a lot risky.
Lots of investors could testify that they haven't generated any profit after the hype of these projects. Investing in both meme coin and NFTs are only for risk-takers but we must be ready for the consequences. Instead of investing in them, I would rather invest in highly potential coins or should I say in coins with a strong foundation.

carrie_white

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In my opinion, NTF and meme coins are just temporary hype, there are still many opportunities in the crypto world apart from NFT and meme coins, but it is also possible that you can benefit from NFT and meme coins, it's just very difficult because the opportunities are small

uneng

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Quote from: JeffBrad12 on May 25, 2023, 06:11:22 PM

i doubt it will have that much use case considering that NFT as its name itself, is non fungible meaning it will have less utility compared to others, moreover the fact that each NFT unique make the liquidity hard to find.
if it's for game like the thing you mentioned maybe it makes some sense, but nowadays, those game aren't the trend anymore, most of them are unsustaining in term of economy that's why many of them
are being valued so low nowadays.
i'd say if i were being given chance to choose which of them i'm gonna invest, considering the nature of meme coins that's relatively volatile, of course meme coin would be perfect example, but then again if someone has money to invest, they aren't limited with these two.

Quote from: Lagduf on May 25, 2023, 06:33:05 PM

Only NFT released by the popular developers who got so many demand from people. The unknown NFT will always be the same like shitty meme coin. You can even try to generalize if garbage NFT likes meme coin and legit NFT like native coins.

Both are diferent thing and the only good thing from meme coin compared with NFT if it's liquid.

That is why I mentioned you must feel entertained by the game you are purchasing the related NFT, so it will have a practical purpose for you after all, which goes beyond any speculative goals which might not be realistic, due to the market's volatility and low demand for such products right now, as we are still facing a bearish market. If your goal is solely profit, don't go for any of them (NFTs or memecoins) and stick exclusively to the main cryptocurrencies of the industry.

Anyway, personally, I didn't regret buying Axie Infinity and Lost Relics NFTs.

Kavelj22

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If we want to make a comparison to choose one of them, it is best, in my opinion, to avoid both. There are thousands of MEM and NFT projects on the market, and none of them provide any serious vision, in addition to issuing any of them does not solve any problem.

Some examples of NFT presented by its owners on the grounds that it is successful can only be a strategy to persuade idiots to buy from one of its collections. The same applies to MemeCoins projects that fill the market. They are projects issued by greedy devs to achieve profits that will be produced by the hype wave that has swept the market since it became one of the most influential personalities in the world (Alon Musk) promotes one of them.

There are many other reliable projects, I advise you to search for some of them and diversify your portfolio with some of them.

SyndicateLabs

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I don't have much sympathy for NFT and MEME, they leave more garbage environment than positive value for the development of the crypto market. Although I have also made big profits with MEME coin and also some projects related to the NFT market in the past, in general they are just short trends and temporary solutions to the chaos turmoil in this market. However, it is also fair that I will mention some of the projects related to these trends that have also shown good adaptability in the crypto space.

Lagduf

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Quote from: uneng on May 25, 2023, 05:21:06 PM

Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.

Only NFT released by the popular developers who got so many demand from people. The unknown NFT will always be the same like shitty meme coin. You can even try to generalize if garbage NFT likes meme coin and legit NFT like native coins.

Both are diferent thing and the only good thing from meme coin compared with NFT if it's liquid.

JeffBrad12

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Quote from: uneng on May 25, 2023, 05:21:06 PM

Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.

i doubt it will have that much use case considering that NFT as its name itself, is non fungible meaning it will have less utility compared to others, moreover the fact that each NFT unique make the liquidity hard to find.
if it's for game like the thing you mentioned maybe it makes some sense, but nowadays, those game aren't the trend anymore, most of them are unsustaining in term of economy that's why many of them
are being valued so low nowadays.
i'd say if i were being given chance to choose which of them i'm gonna invest, considering the nature of meme coins that's relatively volatile, of course meme coin would be perfect example, but then again if someone has money to invest, they aren't limited with these two.

uneng

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Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.

el kaka22

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Absolutely neither, there is no scenario where I would be fine investing into either any NFT or any meme project ever. I would buy an NFT for the lols, but not for investment, I would do it to purchase it and make it mine but that's it, wouldn't be planning on selling it for a higher price later on, that is not going to happen anyway. Same goes for meme, if I want to participate which I have never before aside from very very early days of doge, then I would buy not for investment purposes but to show my support.

These are not good investment assets, they are terrible ideas and should be avoided if possible. Always look for things that are financially oriented and not fun based, money is not funny, it's always serious, and so is the market when it comes to making profit.

AmoreJaz

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Quote from: Rengga Jati on May 25, 2023, 04:33:49 PM

Because I am not a high risk taker, I will not choose any of those two. When I consider from several things, I cannot deny that many people earn xo much money from both. But, we must also consider how many people lost their money because of this
that is why moreover if you are new, it is better to avoid them, except that youbare willing to dig more and learn deeply how to pick the right NFT for the next bullish era. But if Ibwere you, I will avoid both and prefer to add Bitcoin or other top coins with low price but high cap

if you want a more secure investment, don't go either on these 2. they are quite unstable as it is hard to determine if they can survive in the market or not.

KingsDen

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Quote from: wxa7115 on May 22, 2023, 09:57:13 PM

Quote from: KingsDen on May 22, 2023, 03:37:06 PM

Quote from: Xal0lex on May 22, 2023, 08:49:36 AM

To invest, you need to choose coins with good fundamentals and investor support. The assets you listed are not suitable for investment, they are only suitable for short-term speculation. The 99% of NFTs that were bought for investment in 2021-2022 are almost completely devalued and no one needs them. Such tokens behave even worse than regular altcoins. Memcoins are the same garbage category for investing, because on the example of successful projects, people start buying all sorts of garbage, which in the end only turns into scam.

Yea, it is correct that both are kinds of shit investments that comes with some insane hype. I know of many people who made fortunes with NFT and meme coins also but that does not make it fir for investment, unless for cryptocurrency gamblers.
But I think Op is asking if you are caught up in the dilemma of chosing one among the two, which will you go for.
For me, I can go with meme coins

Meme coins are the lesser of two evils, personally I would never waste my time or money with either of them, but if at some point I was forced to invest in one of those type of assets I would prefer to invest in meme coins.

And this is because with NFTs as their name implies not a single one is the same as the other, and as such it is impossible to determine a fair price for each one of them, but in the case of meme coins at least there is a coin like dogecoin which would allow me to decrease my risk as much as possible and still do well during the next bull run, so the decision between the two is easy.

You stated the fact. But in as much as me and you are not interested in those kinds of investment as NFT and Meme coins, there are people who are making much profits from them. Maybe they are specialists in them because they have interest.
The cryptocurrency market greets us with a whole lots of opportunities and most of those opportunities require high level of risk. But I am comfortable with bitcoin holding and I think that is among the less risky even if it doesn't give huge profits.

Rengga Jati

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Because I am not a high risk taker, I will not choose any of those two. When I consider from several things, I cannot deny that many people earn xo much money from both. But, we must also consider how many people lost their money because of this
that is why moreover if you are new, it is better to avoid them, except that youbare willing to dig more and learn deeply how to pick the right NFT for the next bullish era. But if Ibwere you, I will avoid both and prefer to add Bitcoin or other top coins with low price but high cap

eaLiTy

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Quote from: Bitstar_coin on May 24, 2023, 10:57:47 AM

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If am left with only these two choices, I would go for meme than nft, I really do not understand how people able to make money through trading nft. I can understand the memecoins are just for hype and artificial pump but buying and selling nft does not make much sense to me since majority don't hold any utility than just a digital image with it's own special number.

If you are dealing with NFT, you cannot expect hefty profits unless the NFT has some use case and majority of them does not have any use case. I am not a fan of meme coins but used Dogecoin in the past because it was accepted in casinos and easier to transfer and some of the new ones the earlier investors had made a substantial profit but holding them for the long term is not a wise move.

Topic: NFT OR MEMES - page 6. (Read 892 times)