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Author Topic: NFT OR MEMES  (Read 891 times)
swiftxi (OP)
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May 22, 2023, 04:28:21 AM
Last edit: May 22, 2023, 02:16:43 PM by swiftxi
 #1





Better to invest in one or the other?
I MADE THIS FOR YOU
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May 22, 2023, 01:25:09 PM
 #2

Better to not invest in such nonsensical things called NFT at all. The market is full with great investment opportunities, so make use of them instead of buying stupid NFTs. The NFT market is going to die soon so if you have already invested, try to recover them because it will be extremely difficult to recover if you delay.

Invest in Bitcoin or any other good coins directly. Buy Gold coins, buy stocks and insurance etc. Do whatever you want except buring money on NFTs.

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May 22, 2023, 01:43:10 PM
 #3

Both are just hype though, so same connotations, but probably just different in shape. Just like what we have seen in the past, ICO-IEO-IDO and others, same breed and as soon as the hype goes down, then something new will come along way.

So there is a risk, and if anyone is willing to take that risk then so be it. At least you know what you are getting into and so you can't just bitch around after you invested on them and lose your money in an instant. You just been warned.

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May 22, 2023, 01:47:38 PM
 #4

It's more safe to invest on coins and not NFTs, try as much as possible to make sure that your investment is what you do to make you have a future rest because NFTs could come with some uncertainties that could create fear in the future, if you're also choosing memecoins as your preferred investment, make sure you have conducted a prooper research on them before choosing any because some have wrecked rown their investors in the past as the project eventually failed along the line leaving them without option left to embrace.
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May 22, 2023, 01:49:36 PM
 #5

To invest, you need to choose coins with good fundamentals and investor support. The assets you listed are not suitable for investment, they are only suitable for short-term speculation. The 99% of NFTs that were bought for investment in 2021-2022 are almost completely devalued and no one needs them. Such tokens behave even worse than regular altcoins. Memcoins are the same garbage category for investing, because on the example of successful projects, people start buying all sorts of garbage, which in the end only turns into scam.

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May 22, 2023, 02:47:21 PM
 #6

When it comes to investing, neither is a good option.
There is no NFT whose price increases in the long run. Even merely keeping the pricing stable is challenging. While the MEME coin is entirely dependent on chance, its long-term growth cannot be foreseen.
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May 22, 2023, 02:49:11 PM
 #7

NFT for long term investment and memecoins for short term period. Market value of Memetokens are only good upon its release in the market and will suddenly fall once huge investors decided to take profit unlike with some NFTs wherein sometimes there is a utility (physical copy and some perks depending on the concept), which could sustain the market price of that particular NFT. Both has risks ofcourse, that is not something new in this industry. Not all NFTs are profitable to hold for years and not all memetokens would be able to sustain high market volume. So I guess it is safe to call it situational and dependent with what project you are engaging into.

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May 22, 2023, 08:37:06 PM
 #8

To invest, you need to choose coins with good fundamentals and investor support. The assets you listed are not suitable for investment, they are only suitable for short-term speculation. The 99% of NFTs that were bought for investment in 2021-2022 are almost completely devalued and no one needs them. Such tokens behave even worse than regular altcoins. Memcoins are the same garbage category for investing, because on the example of successful projects, people start buying all sorts of garbage, which in the end only turns into scam.

Yea, it is correct that both are kinds of shit investments that comes with some insane hype. I know of many people who made fortunes with NFT and meme coins also but that does not make it fir for investment, unless for cryptocurrency gamblers.
But I think Op is asking if you are caught up in the dilemma of chosing one among the two, which will you go for.
For me, I can go with meme coins

R


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May 22, 2023, 09:23:26 PM
 #9

NFT made by AI?
But if you're so serious with your money and you want to take care of it, I would say that you invest in the coins or projects that you have been thinking of investing in and you did spend time researching. Not just with any chant that has been pushed by anyone and it seems there's pressure on you just because they're making you choose from the choices they've given. For most of the NFTs, they're collectibles and the value usually goes down after the bull run whilst for the meme coins, you don't expect them to go along with the trend of the market and they've got their own trend that's being set by its community.

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May 22, 2023, 09:36:38 PM
 #10

NFT lasts about two years, but so far no one can really find a worthy use for it. For me, this is more of a topic for collectors, like philatelists. As for meme-coin, this is generally slagging. It's just that now the topic is being heated up, but its essence is the same NFT.

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May 22, 2023, 11:41:15 PM
 #11

NFT was not even better compared with meme token and otherwise.

NFT can be dumped so hard and this is not liquid which is so stupid to use NFT as investment. Meme token might be liquid but it has also very big chance to be a scam token.

Both of things have their own disadvantage and advantage. That depends on you whether you are willing to take those shitty things as your investment or not. It kinda so stupid to call NFT as investment.

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May 23, 2023, 02:53:30 AM
 #12

if we still have other options, it would be great to take that option. however, personally, I don't really like NFTs, and they tend to be less expensive than MEMES. if between these two choices, I tend to choose memes. however, I currently have neither and choose to hold bitcoin and popular altcoins. quite a few NFTs and MEMES have crashed and become worthless to date.

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May 23, 2023, 02:57:13 AM
 #13

To invest, you need to choose coins with good fundamentals and investor support. The assets you listed are not suitable for investment, they are only suitable for short-term speculation. The 99% of NFTs that were bought for investment in 2021-2022 are almost completely devalued and no one needs them. Such tokens behave even worse than regular altcoins. Memcoins are the same garbage category for investing, because on the example of successful projects, people start buying all sorts of garbage, which in the end only turns into scam.

Yea, it is correct that both are kinds of shit investments that comes with some insane hype. I know of many people who made fortunes with NFT and meme coins also but that does not make it fir for investment, unless for cryptocurrency gamblers.
But I think Op is asking if you are caught up in the dilemma of chosing one among the two, which will you go for.
For me, I can go with meme coins
Meme coins are the lesser of two evils, personally I would never waste my time or money with either of them, but if at some point I was forced to invest in one of those type of assets I would prefer to invest in meme coins.

And this is because with NFTs as their name implies not a single one is the same as the other, and as such it is impossible to determine a fair price for each one of them, but in the case of meme coins at least there is a coin like dogecoin which would allow me to decrease my risk as much as possible and still do well during the next bull run, so the decision between the two is easy.
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May 23, 2023, 06:19:01 AM
 #14

NFT and meme coins are two different crypto currencies with distinct purposes. NFT coins are unique digital assets that represent ownership of a particular item, such as artwork or collectibles. They are valuable because they provide proof of ownership and authenticity of the item. NFT coins have gained popularity in the art world as a way for artists to monetize their work and for collectors to invest in unique pieces. Meme coins are type of crypto currency that are based on internet memes and have gained popularity due to their humorous nature and low cost. They are not intended to be taken seriously as investment but rather as a fun way to participate in the crypto currency market. The choice between NFT and meme coins depends on your investment goals and preferences. If you are interested in investing unique digital assets with potential long term value NFT coins may be a better choice. If you are looking for a fun and low cast way to participate in the crypto currency market, meme coins may be more suitable.

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May 23, 2023, 09:25:35 AM
 #15

I agree with what Ratimov has said that NFTs are a piece of trash that has filled the blockchain network and it is completely useless. I see that NFTs don't have any value or commensurate aspects with the blockchain network that they have used.

I provide the link that was made by Ratimov and I hope it can help you and can be the subject of our discussion here  Grin

The bitcoin blockchain is on its knees again

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May 23, 2023, 10:31:04 AM
 #16

I don't even know why so many people were still caring so much with NFT. NFT was just a garbage thing. it's only making the blockchain become even slower. I see no point in creating NFT these days. The hype has already gone.
NFT is piece of shit now. The only stupid people who are still using it as their assets. Meme token is also the same like NFT it's trash.

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May 23, 2023, 10:56:35 AM
 #17

Better to not invest in such nonsensical things called NFT at all. The market is full with great investment opportunities, so make use of them instead of buying stupid NFTs. The NFT market is going to die soon so if you have already invested, try to recover them because it will be extremely difficult to recover if you delay.

Invest in Bitcoin or any other good coins directly. Buy Gold coins, buy stocks and insurance etc. Do whatever you want except buring money on NFTs.

While it's valid to express skepticism or caution about specific investment trends, it's important to consider that markets can evolve and adapt. The future of the NFT market is uncertain, and it's difficult to make definitive predictions. Some believe that NFTs have the potential to revolutionize digital ownership and unlock new possibilities in various industries, while others remain skeptical.

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May 23, 2023, 11:32:54 AM
 #18

I don’t think either have long term viability as good investment choices if I am honest. I do however believe that NFT’s are going to do nothing other than trend downwards from now on. Meme coins have the chance to occasionally pump due to FOMO & VC’s artificially pumping them. It’s possible to profit from them if you get in & get out at the right time. I don’t think either are good, long term investments though.

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May 23, 2023, 12:11:38 PM
 #19

I don’t think either have long term viability as good investment choices if I am honest. I do however believe that NFT’s are going to do nothing other than trend downwards from now on. Meme coins have the chance to occasionally pump due to FOMO & VC’s artificially pumping them. It’s possible to profit from them if you get in & get out at the right time. I don’t think either are good, long term investments though.

Then should we call it an over curiosity or lack of understanding that males some venture into NFT these days when the scsm is fast increases in tokens unlike before, they are just a temporary showcase of the project overview yet to come into an establishement, some of their developers only uses them to test what's coming or that they should expect, some of this projects fails, even some memecoins fails as well not to talk about the tokens.
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May 23, 2023, 12:11:53 PM
 #20

Not for both.
Previously, NFTs were very good, it's just that their hype is over now and I think it's not really worth it anymore in terms of investment, especially talking for the long term.
As for Meme, we clearly know that something like this is not possible because the risks are indeed very big.
I prefer to be in something that is certain than having to constantly be in something that is uncertain like that because in my opinion now for memes it is not an investment but includes gambling because we only hope for luck with the pump there.

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