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Author Topic: NFT OR MEMES  (Read 891 times)
uneng
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May 25, 2023, 10:21:06 PM
 #41

Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.

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JeffBrad12
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May 25, 2023, 11:11:22 PM
 #42

Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.
i doubt it will have that much use case considering that NFT as its name itself, is non fungible meaning it will have less utility compared to others, moreover the fact that each NFT unique make the liquidity hard to find.
if it's for game like the thing you mentioned maybe it makes some sense, but nowadays, those game aren't the trend anymore, most of them are unsustaining in term of economy that's why many of them
are being valued so low nowadays.
i'd say if i were being given chance to choose which of them i'm gonna invest, considering the nature of meme coins that's relatively volatile, of course meme coin would be perfect example, but then again if someone has money to invest, they aren't limited with these two.

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Lagduf
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May 25, 2023, 11:33:05 PM
 #43

Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.
Only NFT released by the popular developers who got so many demand from people. The unknown NFT will always be the same like shitty meme coin. You can even try to generalize if garbage NFT likes meme coin and legit NFT like native coins.

Both are diferent thing and the only good thing from meme coin compared with NFT if it's liquid.

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SyndicateLabs
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May 26, 2023, 01:18:11 PM
 #44

I don't have much sympathy for NFT and MEME, they leave more garbage environment than positive value for the development of the crypto market. Although I have also made big profits with MEME coin and also some projects related to the NFT market in the past, in general they are just short trends and temporary solutions to the chaos turmoil in this market. However, it is also fair that I will mention some of the projects related to these trends that have also shown good adaptability in the crypto space.
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May 26, 2023, 02:17:26 PM
 #45

If we want to make a comparison to choose one of them, it is best, in my opinion, to avoid both. There are thousands of MEM and NFT projects on the market, and none of them provide any serious vision, in addition to issuing any of them does not solve any problem.

Some examples of NFT presented by its owners on the grounds that it is successful can only be a strategy to persuade idiots to buy from one of its collections. The same applies to MemeCoins projects that fill the market. They are projects issued by greedy devs to achieve profits that will be produced by the hype wave that has swept the market since it became one of the most influential personalities in the world (Alon Musk) promotes one of them.

There are many other reliable projects, I advise you to search for some of them and diversify your portfolio with some of them.

R


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uneng
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May 26, 2023, 02:47:09 PM
 #46

i doubt it will have that much use case considering that NFT as its name itself, is non fungible meaning it will have less utility compared to others, moreover the fact that each NFT unique make the liquidity hard to find.
if it's for game like the thing you mentioned maybe it makes some sense, but nowadays, those game aren't the trend anymore, most of them are unsustaining in term of economy that's why many of them
are being valued so low nowadays.
i'd say if i were being given chance to choose which of them i'm gonna invest, considering the nature of meme coins that's relatively volatile, of course meme coin would be perfect example, but then again if someone has money to invest, they aren't limited with these two.

Only NFT released by the popular developers who got so many demand from people. The unknown NFT will always be the same like shitty meme coin. You can even try to generalize if garbage NFT likes meme coin and legit NFT like native coins.

Both are diferent thing and the only good thing from meme coin compared with NFT if it's liquid.
That is why I mentioned you must feel entertained by the game you are purchasing the related NFT, so it will have a practical purpose for you after all, which goes beyond any speculative goals which might not be realistic, due to the market's volatility and low demand for such products right now, as we are still facing a bearish market. If your goal is solely profit, don't go for any of them (NFTs or memecoins) and stick exclusively to the main cryptocurrencies of the industry.

Anyway, personally, I didn't regret buying Axie Infinity and Lost Relics NFTs.

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May 26, 2023, 03:42:38 PM
 #47

In my opinion, NTF and meme coins are just temporary hype, there are still many opportunities in the crypto world apart from NFT and meme coins, but it is also possible that you can benefit from NFT and meme coins, it's just very difficult because the opportunities are small

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May 26, 2023, 05:29:36 PM
 #48

None of them to be honest. They're just both worth investing in during the hype and not for a long-term run. Those who invest in their early phase may take advantage and generate profit but late investors will just end up losing everything so it will be a lot risky.
Lots of investors could testify that they haven't generated any profit after the hype of these projects. Investing in both meme coin and NFTs are only for risk-takers but we must be ready for the consequences. Instead of investing in them, I would rather invest in highly potential coins or should I say in coins with a strong foundation.
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May 26, 2023, 06:58:22 PM
 #49

I agree with the opinion of forum users that this is a pointless investment. That is, neither NFTs nor memes bring any real benefit to participants and investors in such projects. Therefore, in my humble opinion, this is a waste of money and there are really real opportunities for investment.

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May 26, 2023, 08:14:47 PM
 #50

I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.

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May 26, 2023, 08:47:30 PM
 #51

How about neither.  You are chasing past pumps, every new cycle a new set of things pumps.  Why not just buy bitcoin.  Memes I can't believe people even put theor money in and nfts are so overvalued I wouldn't go anywhere near them.  They are both just cash grabs.

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May 26, 2023, 09:19:11 PM
 #52

Both of these are working with the hype, though NFTs are quiet different as some projects have their own utilities. I prefer meme tokens is there’s a good hype, and prefer NFTs if its a P2E. There’s a good opportunity for you to make profit here, so take your chances now and invest on where you think can work for you. Meme token seem to get more hyped when the market is pumping, and right now there’s no good hype for NFTs.

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May 26, 2023, 09:43:40 PM
 #53

These are two choices between two choices that are quite bad. Because, I personally am not a fan of either of them.
I remember how when meme coins and NFT were very hype, it was really amazing to see how their prices increased, how people accepted them and traded them so easily. But after the hype ended, many people lost money because it was too late to sell them. And even most of the meme coins have become dead-coins that are worthless and have no value in the market. As for the NFT itself, maybe there are NFTs that are really good for the long-term, but there are also NFTs that are like shit coins in general. So it depends what NFT you invest.
Again if it were me, neither would be my choice. It's too risky and I'm not sure if I can handle it or not. so it would be better not to get involved, right?

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May 26, 2023, 09:59:57 PM
 #54

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.
I have some reservations about NFTs, as I believe they can be used for money laundering purposes. The exorbitant prices paid for artworks also raise concerns. However, I do see potential in areas such as music, real estate, and collectible NFTs, as long as they are properly regulated and improved upon.

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May 27, 2023, 02:10:25 AM
 #55

Depending the NFT it's better than a memecoin. I mean, if the NFT has an usecase which can be applied for real, which is the case of online games' items you need to develop your character to advance in game's story. It's like purchasing a game's expansion, as it will open more areas and opportunities for you inside the game, what must be rewarding for you from the entertainment point of view, so it totally worths.
What kind of usecase? majority of NFT were useless piece of shits. I never seen that if there was NFT that has real use case. So many item in related to the online game was not representing the usecase. It doesn't even need NFT to make it happen.
NFT is still experimental thing at this moment. No reason to call that NFT was better compared with meme coin.

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May 27, 2023, 02:34:02 AM
 #56

In my opinion, NTF and meme coins are just temporary hype, there are still many opportunities in the crypto world apart from NFT and meme coins, but it is also possible that you can benefit from NFT and meme coins, it's just very difficult because the opportunities are small

It's very possible that NTF and meme coins are just temporary hype. But there are also differences, for meme coins there have been many births every day, and for nft, maybe it's still limited, not as many as coins.

For now, I myself haven't decided whether to invest in NFTs, although we have seen many who want to join, whether institutions, companies or other well-known companies want to make NFTs, especially on the Polygon Matic network because apart from being a bit complicated, the cost for creators is also expensive, especially using the Ethereum network.

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May 27, 2023, 02:40:56 AM
 #57





Better to invest in one or the other?
I MADE THIS FOR YOU


I have never invested in either of them till date and am never interested in investing in them. I have definitely heard from people that profits can be very high in meme coins and NFT, because their prices suddenly go up, giving you high profits in a very short period of time, but the risk of loss is equally high as their prices may drop suddenly. There are definitely some nft's that have a future and they definitely have a use case somewhere.

So instead of investing in meme coins if investment is done in nft then it can be beneficial, but here again you need complete knowledge and experience of the future of the NFT you are buying.
I personally prefer investing in top coins in the market rather than investing in NFT and meme coins.

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May 28, 2023, 03:24:25 PM
 #58

I agree with the opinion of forum users that this is a pointless investment. That is, neither NFTs nor memes bring any real benefit to participants and investors in such projects. Therefore, in my humble opinion, this is a waste of money and there are really real opportunities for investment.
That is what majority of the crypto world actually thinks, that's a normal approach to NFT or meme projects and people with sense do stay away from it as much as they possibly could. But that doesn't mean that we are going to keep seeing those people all the time, we are going to keep seeing something more crazy because that is a lot more news worthy.

Let me give you 2 topic names and tell me which one would get more replies "men spends zero dollars on nft because he finds it useless" and "men spends a million dollars on an ape image", which one do you think would get more attention. We see news because they are newsworthy, if something is not newsworthy we are not going to hear about it, doesn't mean it doesn't exists, it just isn't what interests people.

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May 28, 2023, 04:13:49 PM
 #59

I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.
i might be wrong but honestly NFT is really bad for long term investment due to the fact that it lacked liquidity, the fact that it's unique on its own means fewer liquidty, meanwhile with meme coin, at worst scenario there are still some baggers that will to bag the meme coins which means better for long term.



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May 28, 2023, 04:45:04 PM
 #60

Before I chose, I may offer some explanations for each alternative.
The NFT market can be extremely volatile, with large price fluctuations. The value of an NFT can fluctuate fast depending on factors like as demand, market trends, and the creator's reputation. Purchasing an NFT does not grant you sole rights to the related artwork or material. To prevent legal complications, it is critical to understand the rights and permissions connected with an NFT. Memes are recognized for their transient popularity. What is popular and widely discussed today might swiftly become out of date or forgotten. Investing in memes may be difficult since it involves precisely determining which ones will remain relevant and endure the test of time.
So i choose not to invest on both  Cheesy
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