I'd say that community engagement is actually more long-term than people think.
If the community is engaged, then the token can really take off and hold its value just because of the increased demand and decreased supply from the true believers of a token.
For instance, think about zero-utility tokens such as Dogecoin or Shiba that is propped up entirely by community dynamics.
They are doing better than 95% of ICOs that claim to have utility. So there you go.
Topic: What is more important Hype or Utility? (Read 394 times)
It's depend on someone's personality of course. If the guy is a short term person. Definitely he is looking into hype that could easily give money or up prototypes or profit in short term. While long term are more concerned about the utility and its use cases. Some are totally mad on some altcoins that doesn't have utility or let's just say for being an altcoins/tokens. But they don't look or ignore the idea or definition of utility in a much broader way.
Hype coin may give you a good return in short term but the real gems are the utility tokens which can go much higher in value in a longer duration. I prefer utility coins/tokens over the hyped ones. However you can keep both in your portfolio.
However, if we can keep them both, i think that will create a huge profits i guess. Meme coins are just solid examples of being profitable because of hype, but of course we should give more emphasis on strong altcoins as they have good utility and use cases that will bring them profits in the long term.
It's depend on someone's personality of course. If the guy is a short term person. Definitely he is looking into hype that could easily give money or up prototypes or profit in short term. While long term are more concerned about the utility and its use cases. Some are totally mad on some altcoins that doesn't have utility or let's just say for being an altcoins/tokens. But they don't look or ignore the idea or definition of utility in a much broader way.
Hype coin may give you a good return in short term but the real gems are the utility tokens which can go much higher in value in a longer duration. I prefer utility coins/tokens over the hyped ones. However you can keep both in your portfolio.
well, this is true. it all depends on what is going on. it would be better to choose a coin that has tangible benefits, and is currently being hyped up, such as BNB, SOL, and some of the popular altcoins that were hyped for their functionality. however, for those who are prepared to take big risks, and are looking for short-term gains, moving based on the hype will result in quicker returns. however, personally, I prefer to choose a coin or token with real functionality and benefits, rather than choosing a coin because of the hype.
Without hype, you can remain in the dark for a long time that such a coin has appeared on the market that has advantages over others. So it is the Hyip that allows you to learn about a new project and attracts investments for further work on the project.
well, this is true. it all depends on what is going on. it would be better to choose a coin that has tangible benefits, and is currently being hyped up, such as BNB, SOL, and some of the popular altcoins that were hyped for their functionality. however, for those who are prepared to take big risks, and are looking for short-term gains, moving based on the hype will result in quicker returns. however, personally, I prefer to choose a coin or token with real functionality and benefits, rather than choosing a coin because of the hype.
Without hype, you can remain in the dark for a long time that such a coin has appeared on the market that has advantages over others. So it is the Hyip that allows you to learn about a new project and attracts investments for further work on the project.
Both are important. hype is good to make the coin famous and gaining standing. A coin with utility if have no popularity is the same as inexistent coin.
Remember that many of coins out there starting out with just hype and then building its features slowly and slowly and this make them still relevant till this day.
For long term, it’s always depends on the team behind the coin itself whether they could develop it better or the coin just gonna eventually fades, this is also why roadmap of a coin is also an important thing
to consider because it could show the long term condition of a coin itself. A coin with good utility can sustain for long term even when the price of this coin gets dumped and it can come back anytime even to create new ATH. You must see some coins like cosmos and fantom
Remember that many of coins out there starting out with just hype and then building its features slowly and slowly and this make them still relevant till this day.
For long term, it’s always depends on the team behind the coin itself whether they could develop it better or the coin just gonna eventually fades, this is also why roadmap of a coin is also an important thing
to consider because it could show the long term condition of a coin itself. A coin with good utility can sustain for long term even when the price of this coin gets dumped and it can come back anytime even to create new ATH. You must see some coins like cosmos and fantom
Both Hype and Utility have their important role in project development. As far as I am concern, the hype in cryptocurrency market about a particular project token, make the coin to have a very high recognition from the entire crypto world, which will surely lead the project to the next level, and hype give an immediate boost. While the utility can be referred and taking into consideration if someone is considering to hold that particular coin for a very long term investment.
Long term benefit - utility
Short term price action benefit - hype
It is what it is. Best solution is mix of both imo
Short term price action benefit - hype
It is what it is. Best solution is mix of both imo
It's depend on someone's personality of course. If the guy is a short term person. Definitely he is looking into hype that could easily give money or up prototypes or profit in short term. While long term are more concerned about the utility and its use cases. Some are totally mad on some altcoins that doesn't have utility or let's just say for being an altcoins/tokens. But they don't look or ignore the idea or definition of utility in a much broader way.
Also depends on what type of project they are invest in, short term profit earner usually invest on hype theme projects just like metaverse recently, and the previous hype project like projects with INU on it, and DOGE on it. Most of the projects are gaining a huge return in a short time back then when the bull run was running, but right now, the hype projects are mostly dead and people who are short term profit earner already got their profits.
Long term profit earner should just invest on top marketcap projects because those projects will sustain longer and don't get lose their value quickly if something really bad happen.
Long term = Utility
Short term = Hype
yup probably you're correct, because when it comes long term the most important is making fundamental and all of the important things or data to assure the project has a potential when it comes trading or investing in a project. And for short term you don't need fundamental wherein even technical is enough to determine when the project will make hypes. For me as a day trader only the percentage of the coins itself and with technical i can make good win rate. Short term = Hype
There are different styles of investors and I'm not saying one style is more benefical than another, since there are different factors which influence the final profit made. Sometimes a hyped coin can generate more profit on the short run for a lucky investor than an useful coin can generate along several years of solidity and trustfulness.
For my taste, utility is more adviced than hype, because I like to focus on long term investment goals. It's a safer approach when investing, without relying in speculative whales to also achieve your goal. An useful coin or asset will survive along the year, while a hyped coin will only give you some profit on short run (if you are lucky to buy and sell in time) and die right after.
For my taste, utility is more adviced than hype, because I like to focus on long term investment goals. It's a safer approach when investing, without relying in speculative whales to also achieve your goal. An useful coin or asset will survive along the year, while a hyped coin will only give you some profit on short run (if you are lucky to buy and sell in time) and die right after.
It depends on your priority here. If you want easy profit, you can venture the hyped up projects. But it is very risky as you don't know when will be the right time to enter and exit. If in case, you get involved with possible pump and dump coin, better get out while you are still in positive. Because if you will wait too long, you may end up holding worthless coins or tokens. This is the problem with hype coins, you can never be sure of their existence. Whereas, if you are investing in a utility coin, you can follow their progress and you will know if there will be no more developments as you can see it from their social media channels. And you can decide, whether keep on holding or just sell it and move on to the next project.
Talking about risks intensity, there isn't actually too much difference between a HYIP and a hyped altcoin. If you choose this investment option, all you can expect is to be lucky enough to be on the right place, at the right time in order to achieve profit and avoid loss. People following this strategy blindly are likely to face losses on long run... Speculative altcoins might be an interesting idea, but just for a tiny percentage of an investor's total bankroll.
Long term = Utility
Short term = Hype
yup probably you're correct, because when it comes long term the most important is making fundamental and all of the important things or data to assure the project has a potential when it comes trading or investing in a project. And for short term you don't need fundamental wherein even technical is enough to determine when the project will make hypes. For me as a day trader only the percentage of the coins itself and with technical i can make good win rate. Short term = Hype
It's depend on someone's personality of course. If the guy is a short term person. Definitely he is looking into hype that could easily give money or up prototypes or profit in short term. While long term are more concerned about the utility and its use cases. Some are totally mad on some altcoins that doesn't have utility or let's just say for being an altcoins/tokens. But they don't look or ignore the idea or definition of utility in a much broader way.
well, this is true. it all depends on what is going on. it would be better to choose a coin that has tangible benefits, and is currently being hyped up, such as BNB, SOL, and some of the popular altcoins that were hyped for their functionality. however, for those who are prepared to take big risks, and are looking for short-term gains, moving based on the hype will result in quicker returns. however, personally, I prefer to choose a coin or token with real functionality and benefits, rather than choosing a coin because of the hype. 
It's depend on someone's personality of course. If the guy is a short term person. Definitely he is looking into hype that could easily give money or up prototypes or profit in short term. While long term are more concerned about the utility and its use cases. Some are totally mad on some altcoins that doesn't have utility or let's just say for being an altcoins/tokens. But they don't look or ignore the idea or definition of utility in a much broader way.
No doubt it's utility since it will be for long term and projects without utility is nothing and useless coins but at the same time hype should also be considered to reach target investors and to increase the awareness for that project but in general utility matters most since it is the core of the project.
It is obvious. Utility is more important than hype. Random hype just creates FOMO. Once the hype ends, it creates FUD. Most of the time, the price falls when the hype is over. On other hand, having good utility will help grow and sustain the price in the long term. Good utility can also help create "good" hypes that will help the price of the coin/token to increase. So if you are looking for making some quick profit, join the hype. The risk is high. You may make a fortune, or you might end up with nothing. If you are looking for long term steady profit, then look for utlility.
Hype= For high-risk taker, very short term, ready for pump and dump, high profits but probably high loss
Utility= Can be short and long term, good choice for holding if the utility is really real use and acceptable, lower risks.
But both will need certain management of capitals and also risks. One may prefer to one or another. It will depend on what and who you are.
One may be better for someone and may be not good for others.
Just do your own analysis o whatever you are choosing and trading
Utility= Can be short and long term, good choice for holding if the utility is really real use and acceptable, lower risks.
But both will need certain management of capitals and also risks. One may prefer to one or another. It will depend on what and who you are.
One may be better for someone and may be not good for others.
Just do your own analysis o whatever you are choosing and trading
This is the problem with hype coins, you can never be sure of their existence. Whereas, if you are investing in a utility coin, you can follow their progress and you will know if there will be no more developments as you can see it from their social media channels. And you can decide, whether keep on holding or just sell it and move on to the next project.
They are good for investors who like short term profit, they buy today and sell tomorrow when they realized profit and move into other similar projects, it's actually very risky and only those who are engaged in this kind of coin gets a profit, they usually form a group and feed their news to newbies, compared to a project with the utility you just have to follow the roadmap and acquire more when there is a dip.
There are different styles of investors and I'm not saying one style is more benefical than another, since there are different factors which influence the final profit made. Sometimes a hyped coin can generate more profit on the short run for a lucky investor than an useful coin can generate along several years of solidity and trustfulness.
For my taste, utility is more adviced than hype, because I like to focus on long term investment goals. It's a safer approach when investing, without relying in speculative whales to also achieve your goal. An useful coin or asset will survive along the year, while a hyped coin will only give you some profit on short run (if you are lucky to buy and sell in time) and die right after.
For my taste, utility is more adviced than hype, because I like to focus on long term investment goals. It's a safer approach when investing, without relying in speculative whales to also achieve your goal. An useful coin or asset will survive along the year, while a hyped coin will only give you some profit on short run (if you are lucky to buy and sell in time) and die right after.
It depends on your priority here. If you want easy profit, you can venture the hyped up projects. But it is very risky as you don't know when will be the right time to enter and exit. If in case, you get involved with possible pump and dump coin, better get out while you are still in positive. Because if you will wait too long, you may end up holding worthless coins or tokens. This is the problem with hype coins, you can never be sure of their existence. Whereas, if you are investing in a utility coin, you can follow their progress and you will know if there will be no more developments as you can see it from their social media channels. And you can decide, whether keep on holding or just sell it and move on to the next project.
There's a thousands of coins and tokens in crypto advertise.
most are meaningless altcoins, it's unbelievable how many meaningless altoins there are
Ready to see the pump and dump of each tokens or coins within the advertise.
pump and dump is the cancer of this market that's why many governments don't take cryptocurrencies seriously due to the pump and dump scheme
If you're a dealer or investor, what is critical to you in choosing token or coins to contribute, coins depends on buildup or coins with utility?
Of course, most people choose altcoin for its usefulness, but even useful altcoin gets involved in the pump and dump scheme.
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