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.
Topic: What is more important Hype or Utility? - page 2. (Read 377 times)
Without hype, it is impossible to promote even the most advanced technology, which investors who are ready to support a promising project will not know about at the initial stage. But as practice has shown, Hyip is able to promote not only technologies, but also pacifiers, such as meme coins.
In recent years the trend have changed. As of now hype is much important, and this needs to happen through someone like Elon Musk or person who are in a level to make changes in the market.
Just think of Shiba, it got hyped and the same is being used further for its growth and real time usage. Now more ventures have added Shiba to the accepted list of cryptocurrencies. Utility is a must, but if the same has got some hype it'll progress in a faster phase than normal growth progress.
Just think of Shiba, it got hyped and the same is being used further for its growth and real time usage. Now more ventures have added Shiba to the accepted list of cryptocurrencies. Utility is a must, but if the same has got some hype it'll progress in a faster phase than normal growth progress.
Long term = Utility
Short term = Hype
I love the formula you gave it explains it all in just a short demonstration. Seeking for a long term reward utility is what gives you the vibes to hold but once it's a short term profit hype and not just any hype but a hyped backed by a well pronounced market influencers not all hypes are worth investing in Short term = Hype
All the same, the most useful thing is the demand for the token. Its functionality and options are performed using a coin in a particular project. And if utility is achieved not only within the framework of the platform, then this is already called perspective. But HYIP is also needed within reason.
Hype and utility are very important, some projects have good utilities but they lack good marketing strategy which affects the exposure of the project, also some projects have good hype but their utilities aren't even needed meaning they fade away too fast due to no one wanting them, when it comes to investing in new coins make sure you choose wisely
I would prefer utility coins, because from the utility itself we already know the function or use case of the token so do not hesitate to invest there. Hype usually has little bet we do not know about the fundamentals of the project only about short-term trends they become hype.
Both are important, the hype is when the team market the project, without good marketing it will not become known to potential investors, hence, its growth will be limited. It should be with a good utility and proper marketing to produce hype.
Long term = Utility
Short term = Hype
Short term = Hype
I would like to agree with this short but straight approach. And it's really up to the investors itself.
If they wanted for a quick profit then obviously they will look for hype coins, meme's and others invest and then get out before it burst.
But for smart investors, then they look for investment long term. So the coins they pour their money should be solid with good use case such as ETH, BNB, ADA and DOT.
I believe that one project should have both, because you can't stand the competition if you only focus on one side so better to create a good hype while improving the whole technology of the project, this is a good strategy that many projects has been dealing with.
A good token with use case will usually be hyped by its holders as they shill them on social media and in forums while if the token is just meant as memecoin will just be hyped. You can cite some examples of these but when the bear market begins, they also the first to be dumped and then die. But if they are being used on casinos and users begin tk use these coins as currency, the use case also will be seen.
Both are very important it's just that one can be easily fabricated and the other can't, utility is what gives a project the balance but needs, if very useful there will be strong adoption, when hype meets good utility the project will be unstoppable
It depends upon what type of investment you are looking for short term investment or long term investment.If there is hype about the coin the it would be better for short term but if its technology is not that unique or good then it would suffer in long term investment. I generally would see use or utility of the coin but even if the coin has great utility but has no hype then it wouldn't survive.
We're talking about "which one is important"? We are not pointing out where we can make more profit as it wasn't just all about investment but to say which one is more beneficial to the community. If that we think, then we choose those projects that have utility as important. We can figure out how these shitcoins make hypes, they usually just die shortly. If we are into that projects, how we could gain trust from the community? How we could make use of them if they have just gone after a month/s or week in the market?
The thing in here is to see crypto projects become sustainable long-term, not justshort-term.
Long term = Utility
Short term = Hype
Short term = Hype
I would like to agree with this short but straight approach. And it's really up to the investors itself.
If they wanted for a quick profit then obviously they will look for hype coins, meme's and others invest and then get out before it burst.
But for smart investors, then they look for investment long term. So the coins they pour their money should be solid with good use case such as ETH, BNB, ADA and DOT.
I believe that one project should have both, because you can't stand the competition if you only focus on one side so better to create a good hype while improving the whole technology of the project, this is a good strategy that many projects has been dealing with.
Long term = Utility
Short term = Hype
Short term = Hype
I would like to agree with this short but straight approach. And it's really up to the investors itself.
If they wanted for a quick profit then obviously they will look for hype coins, meme's and others invest and then get out before it burst.
But for smart investors, then they look for investment long term. So the coins they pour their money should be solid with good use case such as ETH, BNB, ADA and DOT.
It depends upon what type of investment you are looking for short term investment or long term investment.If there is hype about the coin the it would be better for short term but if its technology is not that unique or good then it would suffer in long term investment. I generally would see use or utility of the coin but even if the coin has great utility but has no hype then it wouldn't survive.
I think it's conditional. If you opt for a long-term investment we will definitely judge more with the utility of the project. But, if we want short-term investments we need the hype exploding in order to make a profit right away.
The answer is both are important for the success of any project. Hype in the sense of marketing is good. Utility in its practical sense is essential for any project's life.
Many tokens/coins are alive thanks to their use-cases and utility aspect. Take TRX for its TRC20 network utility, Avax, and Polkadot for their strong Defi tech. With more adoption comes better chances for the project to survive in the long run.
So, I appreciate the utility of any project. BNB is successful for its BSC chain, TRON is solid for its TRC20 which will be used more by new projects (like the Ferox Advisors, TronPad, NFT, Sun tokens), and more to come in the near future.
Vechain is another good example of a utility project. It has a lot of real-life adoption. It can only grow bigger!
Many tokens/coins are alive thanks to their use-cases and utility aspect. Take TRX for its TRC20 network utility, Avax, and Polkadot for their strong Defi tech. With more adoption comes better chances for the project to survive in the long run.
So, I appreciate the utility of any project. BNB is successful for its BSC chain, TRON is solid for its TRC20 which will be used more by new projects (like the Ferox Advisors, TronPad, NFT, Sun tokens), and more to come in the near future.
Vechain is another good example of a utility project. It has a lot of real-life adoption. It can only grow bigger!
IMO, I believe that the use-case or the utilization is more important compared to the hype. because the hype is only temporary and it will not last long, while the utilization or use-case is a long-term function if the coin has a lot of utilization it will be a catalyst of growth that can drive the coin price to reach the moon. that was my opinion about it. But both are very useful to any project if the hype and the coin/token utilization will come together I'm sure it will be a breakout.
In terms of profit making hyoe is very important, even the coin or project have a good use and purpose for the society, if its not visible to the people due to no market or hype it will be useless. Only few will use it that can make it useless after awhile due to they cant maintain the expenses needed to do the goal. Both is much needed as it is easier to make something hype it is worth hyping due to its use or quality of the project. We just need to determine wheher the project is worth for long term as meme coins getting hype with no real purpose should only be invested in short period of time. 
IMO, I believe that the use-case or the utilization is more important compared to the hype. because the hype is only temporary and it will not last long, while the utilization or use-case is a long-term function if the coin has a lot of utilization it will be a catalyst of growth that can drive the coin price to reach the moon. that was my opinion about it. But both are very useful to any project if the hype and the coin/token utilization will come together I'm sure it will be a breakout.
For a responsible community those are into due diligence before finalising their investment decisions, utility must be the prime factor.
But for a community who are all just following others' signals or whales' movements, just hype is more than enough.
Recently I came across a topic with depicts about promises are more important than product in crypto space (I am sorry I could dig right away to link that topic). Basically, that topic must be the answer here.
If you notice the project which are based on real life utility get chances to sustain in this crypto space whereas hype based projects might get pumped for some times but after that it will get delisted from exchanges for sure. So, decide yourself where you are going to invest.
But for a community who are all just following others' signals or whales' movements, just hype is more than enough.
Recently I came across a topic with depicts about promises are more important than product in crypto space (I am sorry I could dig right away to link that topic). Basically, that topic must be the answer here.
If you notice the project which are based on real life utility get chances to sustain in this crypto space whereas hype based projects might get pumped for some times but after that it will get delisted from exchanges for sure. So, decide yourself where you are going to invest.
I will try to use some of my assets for the benefit of society, such as building jobs for young people who actually have potential in terms of current media technology.
.and that's what I will do being an unselfish investor just looking for a personal gain..
.and that's what I will do being an unselfish investor just looking for a personal gain..
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