Topic: What is more important Hype or Utility? - page 3. (Read 394 times)
In the long run always utility. If you look at the crypto charts over the last 10 years, so will se many hype phases, which all ended sooner or later. But the best cryptos have survived and in the process have massively increased in value, despite the many hype and down phases. Because they had a utility, otherwise they would have disappeared from the scene, like many coins/projects that had no real utility.
Utility before hype in any normal circumstance but in the crypto world it is the opposite, lots of hyped projects making waves without any Utility, people buy in hype just to make short term profit, however, if a project happens to have both of them is much better, I have seen few projects with utility but less hype hence they are not known by many. So in this case, hype comes before Utility.
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Remember that we are all trading and investing with a soul purpose gaining profit. You can't gain by supporting a project with good utility but no hype or publicity. Most the hype tokens has something to offer even meme coin. They have a good utility in there own way. A token with good utility is becoming profitable once a certain amount of people hyping it just to attract new investors. Simply just follow the flow and support the project that can give you the most profit with no string attached.
Anyone who goes for hype as against utility is merely courting unnecessary stress for themselves in the form of restlessness. I will go for utility any day, any time. Yes, I know most times tokens with utility take time to blossom as against the rapidity of tokens hyped. But that shouldn't mean anything for someone in it for the growth rather than the amplified ROI from hyped tokens. Hyped tokens without any utility fall the way they also rise; the joy is always short-lived. Ignorant investors caught in the hype after a dump are the ones who bear the brunt after early birds have taken profit and moved on. My advice would be that anyone investing in cryptos should look out for its utility than the hype.
In terms of long-term investment, utility is certainly more important as hype can't goes too long while utility means everything in a long run as if this project is used by people, the price has a support. On the other hand, if you are a short term investor, you can just trade on news and follow hype, but don't buy trendy coins for the long-term as hype will end one day.
I can't say for sure what is more important as if the technology is good and this token has real utility, but marketing campaign is weak, this project will be unpopular and as a result you will not get profit by holding coins as there will be no demand, so when I am investigative projects I pay attention to both technology(utility) and its marketing campaign (social media, partners and community).
Both hype and utility are crucial to be executed. It’s better to hype a project that has better utility, fundamentals and sustainability in the long run rather than hyping a shit project that would eventually vanish in a short amount of time.
In fact, the concept of Utility crypto is misused with coins (important with shares,) but crypto must provide something different or substantially to become valuable, for example, the release of Facebook for a decentralization currency does not mean it is good for long-term and therefore currencies like BNB (Binance or any other) is not an ideal choice.
The Hybrid is ideal for those looking for high-risk investment and therefore volatility in a short period is good but as an normal investor you'll look for an essential value and good development.
The Hybrid is ideal for those looking for high-risk investment and therefore volatility in a short period is good but as an normal investor you'll look for an essential value and good development.
both are important. real use is the long-term foundation. hype is short term achievement. both of these are very important for the sustainability of the project. without hype, even good projects are difficult to develop and gather users. utility is also important, without real use the project only survives because of speculation. And that's not good in the long run.
I think they are both important, but as a good trader or cryptocurrency enthusiast, one should be able to know how to use both to maximize earnings and profits from the industry. For short term hold and maximum profits hypes are cool, but the issue is that there's a higher level of risk involved. For longer term hold, it's safer to go with utility.
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?
Both are very important, without hype, the project won't gain the attention of the investors and they will not know the potential of the project. A project that is full of hype without utility is bad, just like Dogecoin and Shiba Inu IMO. So be smart, all look at these two factors if you want to be profitable.
There's a thousands of coins and tokens in crypto advertise. Ready to see the pump and dump of each tokens or coins within the advertise. Individuals more often than not see on the utilize case of a tokens or coins some time recently they contribute but not all. Other's doesn't care around the utility of a certain coins instep they are after the benefit they can get amid the pump of a token or coins. Buildup can make a coin pump but it's for the most part unsustainable and utility can make a coin pump long term but it needs buildup to flourish, something else there won't be sufficient individuals to patronize and purchase such coin. Hypecoins are great for brief term picks up, but will never beat utility in terms of keen long term calculated investing.
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?
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?
Well if you ask a sane person or a person that is not really involved into or familiar with crypto then i am 99% sure that everyone would say, of course the utility is way more important than the hype because in the end hype is just a temporary thing and once it's gone and hype is all that a project has or had then there is nothing left and that project will die. Just look at all those meme-coins that were coming up in the last few months... they are all hype and nothing else...therefore they will be all completely dead projects in a year or so except maybe a handful of exceptions. Meme-coins are good if you want to gamble.. but if you want to invest into a project you should stay away from them.
We all know the right answer, but in the end, we also all know it depends on what the true intentions of the projects and the investors are. And I guess as all know what the true intentions of 99% of both sides of this party are, which is profit.
In which case, hype is the only important thing. Go to any of the big alt coins you can find in this subforum. People say great things about Solana, about Polygon etc etc etc.
But go to Telegram and Discord and see what the users say there. ZERO talk about true utility. 100% talk about price.
So you tell me, which is more important?
In which case, hype is the only important thing. Go to any of the big alt coins you can find in this subforum. People say great things about Solana, about Polygon etc etc etc.
But go to Telegram and Discord and see what the users say there. ZERO talk about true utility. 100% talk about price.
So you tell me, which is more important?
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?
It must be the utility of the coin itself that can make this coin can sustain for the long term. A coin without any usability or utility use case will be dead as soon as people are interested in new things. I have been seeing so many garbage projects that can't survive caused by people who have been leaving their projects to migrate into the promising coin with the good utility use case. This is also affecting the possibility of the coin being listed on the major exchange site. I think that people are also aware about this. that's why they will always ask about the utility use case instead of how big the hype around the project. History has proven that your coin can be listed in the major exchange site for free if it has a good utility use case.
The major exchange sites are always looking for the utility use cases.
Long term = Utility
Short term = Hype
Short term = Hype
that's the point
It depends on the investing strategy, usually people looking for hype for investing small amount of their portofolio to make a speculation for their investment. But they are more to hold utility coins for a long term investing. These are the usual strategy that used by many crypto inevstors out there.
But there are also few of crazy people who wants to all in in hype projects and luckily hit the jackpot and became a sudden millionaire even the risk is crazy high
But there are also few of crazy people who wants to all in in hype projects and luckily hit the jackpot and became a sudden millionaire even the risk is crazy high
There's a thousands of coins and tokens in crypto advertise. Ready to see the pump and dump of each tokens or coins within the advertise. Individuals more often than not see on the utilize case of a tokens or coins some time recently they contribute but not all. Other's doesn't care around the utility of a certain coins instep they are after the benefit they can get amid the pump of a token or coins. Buildup can make a coin pump but it's for the most part unsustainable and utility can make a coin pump long term but it needs buildup to flourish, something else there won't be sufficient individuals to patronize and purchase such coin. Hypecoins are great for brief term picks up, but will never beat utility in terms of keen long term calculated investing.
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?
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?
If a coin lacks usage the hype will die down and many investors will lose their investment, hype is very risky if you are late to dump you'll find yourself bag holders and you'll find yourself cutting your losses, long term projects do not engage in hype they let their project grow organically, and besides Rome is not build in a day, so be patient if the coin you're following or invested is taking their time to fully develop.
Long term = Utility
Short term = Hype
Short term = Hype
There's a thousands of coins and tokens in crypto advertise. Ready to see the pump and dump of each tokens or coins within the advertise. Individuals more often than not see on the utilize case of a tokens or coins some time recently they contribute but not all. Other's doesn't care around the utility of a certain coins instep they are after the benefit they can get amid the pump of a token or coins. Buildup can make a coin pump but it's for the most part unsustainable and utility can make a coin pump long term but it needs buildup to flourish, something else there won't be sufficient individuals to patronize and purchase such coin. Hypecoins are great for brief term picks up, but will never beat utility in terms of keen long term calculated investing.
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?
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?
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