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Author Topic: NFT OR MEMES  (Read 891 times)
rony01941
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July 10, 2023, 08:33:35 AM
 #121

Which one is good to invest? Both of gamble in my point of view, But relatively I liked MEME coins, if you are lucky you will make big return in meme coins if you can invest in pre sale. but NFT is different you can't sell it anytime if someone not interested to buy it.

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July 10, 2023, 08:55:06 AM
 #122

Which one is good to invest? Both of gamble in my point of view, But relatively I liked MEME coins, if you are lucky you will make big return in meme coins if you can invest in pre sale. but NFT is different you can't sell it anytime if someone not interested to buy it.

It is good that there is diversification and you can invest both in NFTs and meme coins. But it is necessary to remember that all kinds of investments are very risky  and it is very important to evaluate the future potencial of the coin and tokens you invest money.
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July 10, 2023, 09:43:17 AM
 #123



It's important to note that investing in meme coins requires thorough research and careful consideration. Due diligence is crucial to identify genuine projects with active development teams and clear roadmaps. Additionally, setting realistic profit targets, managing risk, and being aware of potential market manipulation are all essential aspects of investing in meme coins.

Investing in memes is like gambling, I think we won't have too much data to analyze in detail and can predict which projects will increase in price. Investing in memes other than expecting luck to come to us, we will not have a basis to evaluate the project.

But not all memes will die or will disappear after that. For me, doge or shiba are the top 2 meme projects, they are even better than other topcoin projects. I really appreciate the two projects, even though many people on the forum would hate them. If judged fairly, doge has been around for many years, it is even more reliable than top altcoin projects like EOS, NEM, or Tron...I don't see anyone mentioning those top coins anymore, but doge is still a top coin on CMC.

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July 10, 2023, 09:55:18 AM
 #124



It's important to note that investing in meme coins requires thorough research and careful consideration. Due diligence is crucial to identify genuine projects with active development teams and clear roadmaps. Additionally, setting realistic profit targets, managing risk, and being aware of potential market manipulation are all essential aspects of investing in meme coins.

Investing in memes is like gambling, I think we won't have too much data to analyze in detail and can predict which projects will increase in price. Investing in memes other than expecting luck to come to us, we will not have a basis to evaluate the project.

But not all memes will die or will disappear after that. For me, doge or shiba are the top 2 meme projects, they are even better than other topcoin projects. I really appreciate the two projects, even though many people on the forum would hate them. If judged fairly, doge has been around for many years, it is even more reliable than top altcoin projects like EOS, NEM, or Tron...I don't see anyone mentioning those top coins anymore, but doge is still a top coin on CMC.
When investing in meme coins the chance of losing money I think is much bigger,
so many don't recommend investing in large amounts and it's just a waste of time,
Doge and Shiba are a little different from the typical meme coin and that's worth considering.

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July 10, 2023, 10:15:15 AM
 #125

to be honest I don't really like both of them because nowadays there are so many new NFTs and meme coins popping up. this makes both of them look like piles of useless objects. it's very easy to make both because to make an NFT you only need to make a design and to make a meme coin it's also not that difficult because meme coin doesn't have a utility. this is very different from creating altcoins with utilities.
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July 10, 2023, 11:52:26 AM
 #126

NFT and meme coin have a big risk, but I prefer meme coin than NFT, even though meme coin has a big risk too, but at least meme coin can give me a very big profit if I choose the right meme coin (although it might be very difficult to find meme coin that have the potential to give me a big profits), but at least with the same risk, I can have the opportunity to get big profits from investing in meme coin rather than I investing in NFT.
you are right, both of them cannot be used as an attractive investment especially for the long term, both NFT and meme coin, are too risky, apart from really wanting the funds we invest there to disappear. but if I were asked to choose between the two, maybe I would too It's the same with you that you prefer meme coins, at least have experience that some meme coins can improve, even though it's not because of their efforts. but as earlier I said that it is not for the long term if you want to invest in meme coins, because there are always unexpected things that will happen to meme coin holders, coins can be worthless and disappear from the stock exchange.

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July 10, 2023, 01:10:05 PM
 #127

to be honest I don't really like both of them because nowadays there are so many new NFTs and meme coins popping up. this makes both of them look like piles of useless objects. it's very easy to make both because to make an NFT you only need to make a design and to make a meme coin it's also not that difficult because meme coin doesn't have a utility. this is very different from creating altcoins with utilities.

Exactly. Also, people make them not because they think they can provide something good or new, but just want to hop on the hype train and get some money. I won't be surprised if most of memecoins would be rug pulled at some point.

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July 11, 2023, 02:35:53 AM
 #128

NFT and meme coin have a big risk, but I prefer meme coin than NFT, even though meme coin has a big risk too, but at least meme coin can give me a very big profit if I choose the right meme coin (although it might be very difficult to find meme coin that have the potential to give me a big profits), but at least with the same risk, I can have the opportunity to get big profits from investing in meme coin rather than I investing in NFT.
you are right, both of them cannot be used as an attractive investment especially for the long term, both NFT and meme coin, are too risky, apart from really wanting the funds we invest there to disappear. but if I were asked to choose between the two, maybe I would too It's the same with you that you prefer meme coins, at least have experience that some meme coins can improve, even though it's not because of their efforts. but as earlier I said that it is not for the long term if you want to invest in meme coins, because there are always unexpected things that will happen to meme coin holders, coins can be worthless and disappear from the stock exchange.
Unfortunately there were a lot of people who got into the hype and invest into them for some reason. I do not know why they did that but I believe that they shouldn't have done that at all. Look at the market now, they are basically doing as bad as it could get and we have no idea why they made those insane investments.

People who invested millions into NFT's lost like 90% of their money just because they believed in something that could make them money, and the thing they believed in were some images. When we mocked about it, they were mocking back saying how much they made with it, look at it now and understand why investing into an image was a wrong move, sure some may have made some profit, but a lot of people lost millions of dollars.

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July 11, 2023, 05:55:05 AM
 #129

both have a high risk, where the NFT only moves when the trend is, it's different with the meme coin where when the market is bullish, it can be flown again. so basically if to choose both I prefer to choose meme coin than NFT. when we can take advantage of both opportunities as I described above, it will give us big profits, but if not then big risks await. therefore I have both just for fun, but for now I only have meme coins to save, who knows when I win the lottery during the bullrun

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July 11, 2023, 06:30:13 AM
 #130

both have a high risk, where the NFT only moves when the trend is, it's different with the meme coin where when the market is bullish, it can be flown again. so basically if to choose both I prefer to choose meme coin than NFT. when we can take advantage of both opportunities as I described above, it will give us big profits, but if not then big risks await. therefore I have both just for fun, but for now I only have meme coins to save, who knows when I win the lottery during the bullrun

Also, most NFTs are really expensive, so you can't just throw $10 or $100 in them just for fun. I don't like memecoins, but at least it's easy to take advantage or at least not lose a lot of money.
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July 13, 2023, 01:36:02 PM
 #131





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


I'm not interested to investing in NFT, because you can't sell them right away and have to wait for someone to buy them, then if NFT that you buy aren't hype anymore, so you will be difficult to sell it and of course investing in meme coin is also risky (you can get profits quickly and you can also lose your money quickly), but at least you can sell it immediately if there is still purchase volume (without waiting), then from that I prefer to invest in meme coin than NFT, even though the risk is the same (has a big risk).

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July 13, 2023, 02:26:11 PM
Last edit: July 14, 2023, 12:44:33 PM by someone703
 #132

(...)

I'm not interested to investing in NFT, because you can't sell them right away and have to wait for someone to buy them, then if NFT that you buy aren't hype anymore, so you will be difficult to sell it and of course investing in meme coin is also risky (you can get profits quickly and you can also lose your money quickly), but at least you can sell it immediately if there is still purchase volume (without waiting), then from that I prefer to invest in meme coin than NFT, even though the risk is the same (has a big risk).
Tthese are all hype trends, if you can't join early, the risk is very high, most of us invest in the issue of profit as top priority but these things distort the nature of investment. Many developers or kols just like to exaggerate some names to attract people's attention, there are many products that appear but they are mostly waste. Perhaps from the beginning we are easily overshadowed by greed for profits to forget about research, memecoins or NFTs have brought waves of growth in the crypto space, but they are not sustainable and over time we will see new and more hype things.

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July 13, 2023, 03:17:09 PM
 #133

Not for both, even though there are many views about NFT and coin memes considered good sometimes there are bad but that's commonplace, everything includes digital assets that are sought after for investment but I'm not interested if it's buying digital art which doesn't make sense in my opinion. more interested if it's like bitcoin and top altcoins that are being hunted right now or safer investing in real life like gold and land it's the best choice

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July 13, 2023, 03:27:31 PM
 #134

For memes, you would be lucky if you can be one of the early sellers during the peak time of that coin. Like if you have bought it during the fair launch, presale or so and just stay alert in their listing date and time and then it peaks so high, you can be quick enough to sell them for a quick profit. However, memes are not meant for mid or long term type of investment unlike Bitcoin and Ethereum.

As for the NFTs, they're worthless if they do not have a real use case or utility that makes people keep buying more than selling.

Web3 games are one of the examples where it has good use case as NFTs for owning them 100% even if the game is under maintenance or shutting down. Just my own opinion and insight here.

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July 13, 2023, 03:51:56 PM
 #135





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


I'm not interested to investing in NFT, because you can't sell them right away and have to wait for someone to buy them, then if NFT that you buy aren't hype anymore, so you will be difficult to sell it and of course investing in meme coin is also risky (you can get profits quickly and you can also lose your money quickly), but at least you can sell it immediately if there is still purchase volume (without waiting), then from that I prefer to invest in meme coin than NFT, even though the risk is the same (has a big risk).
Especially now that the NFT hype can be said to be over, so that less and less people are interested in NFT,
for now I don't see investing in NFT as profitable,
related to that maybe the meme coin is slightly superior but still the risk is big.

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July 13, 2023, 04:10:38 PM
 #136

Especially now that the NFT hype can be said to be over, so that less and less people are interested in NFT,
for now I don't see investing in NFT as profitable,
related to that maybe the meme coin is slightly superior but still the risk is big.

NFT gonna be end soon.

https://beincrypto.com/nft-collections-2022-lose-shine-floor-prices-fall/

As you can see that almost all of popular NFT has been going down. Those NFTs are loosing a lot of their price floor. NFT is not even worth to be used as investment. I don't even know how stupid people who heavily investing in those garbage NFTs which have been priced with non sense price.

I hope those top NFTs gonna be dead. It will give em all good lesson to stay away from investing a lot of money in NFT

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July 13, 2023, 11:35:47 PM
 #137

NFT gonna be end soon.

https://beincrypto.com/nft-collections-2022-lose-shine-floor-prices-fall/

As you can see that almost all of popular NFT has been going down. Those NFTs are loosing a lot of their price floor. NFT is not even worth to be used as investment. I don't even know how stupid people who heavily investing in those garbage NFTs which have been priced with non sense price.

I hope those top NFTs gonna be dead. It will give em all good lesson to stay away from investing a lot of money in NFT
I smell same attitude we had every time when crypto died. That also came with the hope they will die. I am not saying any NFTs would be a good investment, i just see very much similarities. NFTs are easy to hate and they are ironically being hated for nearly same reason that shitcoins were being hated. Yet they come and rise again like an annoying game of whack-a-mole.

I find it weird how altcoiners don't seem to see the similarity. Almost every question for nfts can be answered similarly that altcoiners answer to no coiners.

-What does it solve?
"It will solve X"
-Well it doesn't solve it yet, it's useless
"That's because infrastructure and tech isn't ready yet for massive adoption"

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July 14, 2023, 10:23:49 PM
 #138

to be honest I'm not interested in either of them, because both is very high risk, so I'm not too interested to investing in both, because in my opinion if I invest in both then I have to be prepared to lose my money, therefore I prefer to invest only in Bitcoin or altcoin that are useful and popular, so my money will be safe and of course I will definitely get profit too.

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July 14, 2023, 10:56:17 PM
 #139

to be honest I'm not interested in either of them, because both is very high risk, so I'm not too interested to investing in both, because in my opinion if I invest in both then I have to be prepared to lose my money, therefore I prefer to invest only in Bitcoin or altcoin that are useful and popular, so my money will be safe and of course I will definitely get profit too.

Same here, I am not interested after many experiences of failed projects that happen in the crypto sphere.  NFT and MEME are just created to get the money of investors.  All of them have no real-life use case but are just a tool to entice investors of get rich quick scheme.

NFT used to be a hot trend in the previous month but as fast as it gets hot, it is also fast to get cold and many NFT projects are almost worthless right now.  So as I am saying with the experience about NFT and MEME I would suggest to avoid this kind of projects because it will only incur loses to the late buyers.

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July 15, 2023, 01:18:42 PM
 #140

to be honest I don't really like both of them because nowadays there are so many new NFTs and meme coins popping up. this makes both of them look like piles of useless objects. it's very easy to make both because to make an NFT you only need to make a design and to make a meme coin it's also not that difficult because meme coin doesn't have a utility. this is very different from creating altcoins with utilities.
I absolutely agree with you! I also do not like these two phenomena and I do not support their development, because they have received too much unnecessary attention. As for me, they only litter the industry and do not benefit the majority of users, but are created only for the owner of these projects to earn a fortune at the expense of others and nothing more.
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