Title: What is more important Hype or Utility? Post by: John306 on November 26, 2021, 07:32:06 AM 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? Title: Re: What is more important Hype or Utility? Post by: crypto1010 on November 26, 2021, 10:24:20 AM Long term = Utility
Short term = Hype Title: Re: What is more important Hype or Utility? Post by: coin-investor on November 26, 2021, 10:30:14 AM 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 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. Title: Re: What is more important Hype or Utility? Post by: kanayaTabitha on November 26, 2021, 10:42:16 AM 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 Title: Re: What is more important Hype or Utility? Post by: JeffBrad12 on November 26, 2021, 11:10:59 AM 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 that's the point Title: Re: What is more important Hype or Utility? Post by: slaman29 on November 26, 2021, 11:13:52 AM 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? Title: Re: What is more important Hype or Utility? Post by: Jackl87 on November 26, 2021, 11:40:52 AM 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? 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. Title: Re: What is more important Hype or Utility? Post by: Questat on November 26, 2021, 12:11:13 PM 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.
Title: Re: What is more important Hype or Utility? Post by: topbitcoin on November 26, 2021, 12:17:00 PM 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? Title: Re: What is more important Hype or Utility? Post by: Queenboss on November 26, 2021, 12:19:22 PM 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.
Title: Re: What is more important Hype or Utility? Post by: kidbounty on November 26, 2021, 12:30:38 PM 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.
Title: Re: What is more important Hype or Utility? Post by: hugeblack on November 26, 2021, 12:41:00 PM 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. Title: Re: What is more important Hype or Utility? Post by: cheezcarls on November 26, 2021, 12:55:01 PM 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.
Title: Re: What is more important Hype or Utility? Post by: gwdf1 on November 26, 2021, 01:04:15 PM 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).
Title: Re: What is more important Hype or Utility? Post by: barabeku on November 26, 2021, 01:11:21 PM 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.
Title: Re: What is more important Hype or Utility? Post by: Mpamaegbu on November 26, 2021, 01:24:37 PM 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.
Title: Re: What is more important Hype or Utility? Post by: Coin_trader on November 26, 2021, 01:31:24 PM 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.
Title: Re: What is more important Hype or Utility? Post by: pealr12 on November 26, 2021, 01:49:03 PM 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.
Title: Re: What is more important Hype or Utility? Post by: tyz on November 26, 2021, 02:08:10 PM 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.
Title: Re: What is more important Hype or Utility? Post by: oemar bakrie on November 26, 2021, 02:56:28 PM 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.. Title: Re: What is more important Hype or Utility? Post by: barbara44 on November 26, 2021, 03:02:00 PM 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. Title: Re: What is more important Hype or Utility? Post by: masterrex on November 26, 2021, 03:02:43 PM 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.
Title: Re: What is more important Hype or Utility? Post by: dimonstration on December 07, 2021, 06:39:23 PM 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.Title: Re: What is more important Hype or Utility? Post by: chakhigh on January 03, 2022, 12:52:18 PM 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! Title: Re: What is more important Hype or Utility? Post by: indo1 on January 03, 2022, 12:55:43 PM 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.
Title: Re: What is more important Hype or Utility? Post by: Akash1243 on January 03, 2022, 01:46:08 PM 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.
Title: Re: What is more important Hype or Utility? Post by: Jating on January 03, 2022, 01:51:17 PM Long term = Utility 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. Title: Re: What is more important Hype or Utility? Post by: crzy on January 03, 2022, 01:55:05 PM Long term = Utility 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. Title: Re: What is more important Hype or Utility? Post by: Ziskinberg on January 03, 2022, 01:58:21 PM 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. Title: Re: What is more important Hype or Utility? Post by: HashingTower on January 03, 2022, 02:00:51 PM 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
Title: Re: What is more important Hype or Utility? Post by: bittraffic on January 03, 2022, 02:04:43 PM Long term = Utility 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. Title: Re: What is more important Hype or Utility? Post by: Maslate on January 03, 2022, 02:07:07 PM 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.
Title: Re: What is more important Hype or Utility? Post by: Blowon on January 03, 2022, 02:27:48 PM 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.
Title: Re: What is more important Hype or Utility? Post by: Ceyflix-Rez on January 03, 2022, 03:39:08 PM 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
Title: Re: What is more important Hype or Utility? Post by: fvb on January 03, 2022, 06:16:41 PM 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.
Title: Re: What is more important Hype or Utility? Post by: dbc23 on January 03, 2022, 06:35:02 PM Long term = Utility 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 inShort term = Hype Title: Re: What is more important Hype or Utility? Post by: Vaskiy on January 03, 2022, 06:39:49 PM 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. Title: Re: What is more important Hype or Utility? Post by: tvplus006 on January 03, 2022, 08:26:58 PM 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.
Title: Re: What is more important Hype or Utility? Post by: uneng on January 03, 2022, 09:59:27 PM 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. Title: Re: What is more important Hype or Utility? Post by: Slow death on January 03, 2022, 10:22:10 PM 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. Title: Re: What is more important Hype or Utility? Post by: 24Kt on January 03, 2022, 10:37:46 PM 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. 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. Title: Re: What is more important Hype or Utility? Post by: smyslov on January 03, 2022, 11:18:11 PM 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. Title: Re: What is more important Hype or Utility? Post by: Rengga Jati on January 03, 2022, 11:49:06 PM 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 Title: Re: What is more important Hype or Utility? Post by: adzino on January 04, 2022, 12:22:08 AM 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.
Title: Re: What is more important Hype or Utility? Post by: perla on January 04, 2022, 04:22:01 AM 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.
Title: Re: What is more important Hype or Utility? Post by: cryptoaddictchie on January 04, 2022, 05:09:52 AM 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.
Title: Re: What is more important Hype or Utility? Post by: Farma on January 04, 2022, 05:53:04 AM 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.Title: Re: What is more important Hype or Utility? Post by: Ararbermas on January 04, 2022, 06:09:27 AM Long term = Utility 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 Title: Re: What is more important Hype or Utility? Post by: uneng on January 06, 2022, 02:50:53 AM 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. 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. Title: Re: What is more important Hype or Utility? Post by: Questat on January 06, 2022, 06:55:43 AM Long term = Utility 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 Title: Re: What is more important Hype or Utility? Post by: kanayaTabitha on January 06, 2022, 04:57:30 PM 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. Title: Re: What is more important Hype or Utility? Post by: btcltcdigger on January 06, 2022, 05:06:07 PM Long term benefit - utility
Short term price action benefit - hype It is what it is. Best solution is mix of both imo Title: Re: What is more important Hype or Utility? Post by: Anguwa on January 06, 2022, 09:47:29 PM 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.
Title: Re: What is more important Hype or Utility? Post by: VanDeinsberg12 on January 07, 2022, 02:19:51 PM 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 Title: Re: What is more important Hype or Utility? Post by: tvplus006 on January 07, 2022, 07:06:47 PM 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. Title: Re: What is more important Hype or Utility? Post by: Kasabus on January 07, 2022, 08:25:50 PM 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. Title: Re: What is more important Hype or Utility? Post by: JohnBitCo on January 07, 2022, 09:00:26 PM 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. Title: Re: What is more important Hype or Utility? Post by: freedomgo on January 07, 2022, 09:54:48 PM 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. Title: Re: What is more important Hype or Utility? Post by: Kyraishi on January 07, 2022, 11:12:43 PM 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. |