Are meme/NFT investment really worth the hype they're getting?.

[KTYforce]

I think you need NFTs and other games like this on the blockchain to get everyone interested in it.  Attention is not zero sum -- when more people know about a product, the more valuable it is.

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[Zedpastin]

Memecoins are not to be taken seriously and I think they are projected to fail. Doge only lasted this long because it has been endorsed and advertised by high profile people but I think this is because they are trolling instead of believing that Doge is worth investing into. NFTS are hyped right now I like to compare them to the ICO craze back in 2017. They were all the talk back then but now people know that they are worthless and many projects have failed.

[Silberman]

Meme coins shouldn't be compare to NFT projects never, meme coins have no good utilities than been just meme 100% but NFTs are so damn useful, stay away from meme coins and go for NFT projects instead

Even if the nature of both of those coins is completely different at the same time the reason why both of those type of coins are going up in value is the same, the hype behind them is huge and people are expecting to make a fortune with both of them, and while this is going to be true for some people I really expect that most people are going to get very similar results and those results will be that a great deal of them are going to lose all of their money as the great majority of those coins are completely useless and offer nothing new to this market.

[adzino]

The meme coins? Not really. Elon didn't create any hype on meme coins. He just said he was investing in Doge coins and that he likes doge coin. He said he will help the doge coin developers and community. Did he tell anyone or force anyone to invest in Doge? Nope. Some people followed him like a sheep, while others took the advantage of this and knew what would happen. It is them who started to promote various shitty meme coins. Yet people keep on blaming Elon for everything lol. The NFT investment is just a hype. It probably won't die forever, but won't be as popular as it is now.

[Ziskinberg]

Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air

Meme coins and NFT might only be good for temporary gains but if you want to make real investments that will satisfy you with huge returns, then we should not rely in meme coins and NFT. I think they are just good for pump and dump and the worst is their value might not be recovered and might only end up as shitcoins.

Focus on bitcoin and ethereum. Their value might be hyped too but the security is there that even if the value gets dumped, they will always recover and keeps surging even more.

They are just passing by, for sure. The hypes that they have been are really getting a market attraction but to consider the value of these projects, I've never seen anything that awaits us holding them for long. What I'm seeing is a huge price depreciation is going to happen in the coming days and just like ICO, these projects will soon collapse.

That is why I'd never had an interest in buying with them coz I'd never see any fortune with them. Yeah, this might only be a temporary investment but feel high risk on them rather compared to other projects.

[Oilacris]

if you want to invest, then NFT is a place for short-term investment because if you keep NFT too long it will not give you much profit. take advantage of the hype of NFT when prices are high you can immediately withdraw profits.

Take advantage with the hype and as it should be and if you are wise investor then you would really be having this kind of mindset.Take profits while you still can because this is something which isnt  permanent

and when the time is over in terms of hype and interest or popularity of NFT's then it would be mainly affecting on what you had invested. Be wise and be vigilant on what are the things that could happen

in the market. About on the hype they are getting then its just normal that people will dive in into things which are currently new into this market.

[el kaka22]

I do not really guess that people would be "mad" over something like this. I have seen so many people who are mad that people are spending their money on games. I mean it should not be that weird because let's face it we have spend tens of billions of dollars on games that we did not made any money at all as humanity, even just GTA itself made more money than all of play to earn NFT games so far and very few people made any money from GTA, some did surely but not all.

So all in all, I would have to say that there is nothing to be mad about, people could spend as much money as they want on this, and play some games and eventually they could make some money or maybe lose a lot of money but at least they would have gotten something out of it instead of just "bought some, did nothing, and lost it all" because that is literally what happens when you invest into a coin and lose money.

[Silberman]

The meme coins? Not really. Elon didn't create any hype on meme coins. He just said he was investing in Doge coins and that he likes doge coin. He said he will help the doge coin developers and community. Did he tell anyone or force anyone to invest in Doge? Nope. Some people followed him like a sheep, while others took the advantage of this and knew what would happen. It is them who started to promote various shitty meme coins. Yet people keep on blaming Elon for everything lol. The NFT investment is just a hype. It probably won't die forever, but won't be as popular as it is now.

It is always the same, as soon as there is a reason to believe a coin is going to be successful a lot of clones appear immediately and people are dumb enough to invest in those coins, I agree that not all of this is the fault of Elon, he only stated his preference over dogecoin and then everyone assumed that this support will also fall on meme coins and they began to invest in them and then we saw a surge on those types of coins as scammers realized this was a golden opportunity for them.

[minime0105]

Obviously, no. People just found new source of "easy" money. Now they are hyping and trying to earn more money from thin air

So much has changed in this crypto space, still surprised at how investors stopped buying coins with good use case rather they prefer some "cumdogerocket" meme shitcoin, i never thought a day would come when a meme coin without a real project will gain massive value and attention from investors, it seems they all want to get rich quick rather than wait for a year or more to get good profits from their investment, this meme coins aren't worth the attention they're getting honestly.