NFT OR MEMES

[woez]

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.

What you said above is also true when you look at the NFT Market which has recently experienced a decline, with more than 1,200 NFTs liquidated in the last 11 days due to a decrease in the base price in popular collections. however, if we read Google news developments it seems to change Google Play policy and now supports and allows blockchain and NFT based apps in Play Store. and I can't describe from a price prediction standpoint whether this will become momentum for the nft market in the end.

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[adzino]

None. Both of them are risky to invest in. People were making profit when NFT was a hype. Now look at those people that invested in some random NFTs at the very last moment of the hype. Most of them are regretting it. They are going to lose a lot if they sell now. The hype is over, so is the chance to make any money from those NFTs. Meme coins are the worst. There are thousands of useless meme coins that gets pumped and then dumped. You have to be very lucky to make any profit off it. Most of the people that invest in those meme coins eventually loses money.
Why go for NFT or meme coins if there is Bitcoin and other well known altcoins? The risk is lower and in the long run, you are likely to make some good profit!

[rhomelmabini]

I think meme coins has great opportunity same to as with NFTs but both has huge risks, the thing with opportunity on both space is that you have to be early on it. Lot of NFTs and meme coins depreciate most of its value over time unless you are on the top notch projects that may be good for long term holding.

If you want to invest on both, only invest 1-5 percent of your overall portfolio and nothing more, make sure as well that you did a proper research. You'll hear lot of different opinions but when trend hits the market, it is your only friend tbh, you don't have to listen on all, just pick one. You can make money on both but be wary that they carry huge risks, this is a very wild market you'll even get rekt in a matter of minutes.

[ElmedoRator]

...If you want to invest on both, only invest 1-5 percent of your overall portfolio and nothing more, make sure as well that you did a proper research. You'll hear lot of different opinions but when trend hits the market, it is your only friend tbh, you don't have to listen on all, just pick one. You can make money on both but be wary that they carry huge risks, this is a very wild market you'll even get rekt in a matter of minutes.

Yep, only a small amount of the initial capital should be spent on these things, I have seen some people like the exaggeration of the profit story of joining these trends, but I wonder if those people have such a profit?
We all understand the risk story of these things, the hype in each trend driving the investment behavior of many people, because inexperience and comfortable capital make it easy for us to pour money into the wrong things useless things, only when we see failure do we realize that we were wrong from the beginning.

[rhomelmabini]

...If you want to invest on both, only invest 1-5 percent of your overall portfolio and nothing more, make sure as well that you did a proper research. You'll hear lot of different opinions but when trend hits the market, it is your only friend tbh, you don't have to listen on all, just pick one. You can make money on both but be wary that they carry huge risks, this is a very wild market you'll even get rekt in a matter of minutes.

Yep, only a small amount of the initial capital should be spent on these things, I have seen some people like the exaggeration of the profit story of joining these trends, but I wonder if those people have such a profit?
We all understand the risk story of these things, the hype in each trend driving the investment behavior of many people, because inexperience and comfortable capital make it easy for us to pour money into the wrong things useless things, only when we see failure do we realize that we were wrong from the beginning.

Well, if they are bragging about it they probably are or you can ask them directly and ask for proofs or something, you profit if you fomo when it's still low but if you fomo when it's at the peak, just a simple good luck then. The thing with people is that they try to follow lot of narratives, they don't know that they may profit on it if they are patient even on just one as long as you're sure on what you have picked.

It's a bias, yes, considering you wouldn't know what's the best one. DYOR on your investments ain't gonna get old, it's always the best way to maximize your profit. You research because you want to make validations and after that just be patient, that's the 80% on where the success kicks in. Getting failures is the right track towards success.

[Raflesia]

None. Both of them are risky to invest in. People were making profit when NFT was a hype. Now look at those people that invested in some random NFTs at the very last moment of the hype. Most of them are regretting it. They are going to lose a lot if they sell now. The hype is over, so is the chance to make any money from those NFTs. Meme coins are the worst. There are thousands of useless meme coins that gets pumped and then dumped. You have to be very lucky to make any profit off it. Most of the people that invest in those meme coins eventually loses money.
Why go for NFT or meme coins if there is Bitcoin and other well known altcoins? The risk is lower and in the long run, you are likely to make some good profit!

This is true because when it comes to Investment none of the NFTs or Memes (shitcoins) are good for investment.
It is possible that currently there are still many NFTs for Ape or Punk which are very expensive but again for such NFTs not all can do it as for something new in some NFT projects it is simply not worth it.
What I think for something like this is to take advantage of the momentum only that something like this will also be very difficult if you don't know the scheme and how to do it.
Investments certainly have to think about the safest conditions and bitcoin is the safest in this case, what to think about when talking about NFTs and some new shitcoin projects because this is just talking about hype and pumps alone nothing really becomes an investment.

[fzkto]

This is the main problem with the crypto market when people speculate about where it is better to invest, nft or meme. That is, people are attracted to the quick profits they once heard about when there was a hype of nft or some meme coins. And when a lot of people think it's easy to make a quick profit here, there is just as much scam.

[TheGreatPython]

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.

Not only that they don't recommend to invest in large amount but they adviced the public to completely ignore them. A small amount is still money and can go a long way if put in worthy coins. Meme coins are not a waste of time but they are a waste of money.

Maybe it only becomes a waste of time if you take it seriously in a way that you are now researching them and then the result that you get is still unpleasant. It is because they can fake everything only to lure the investors. Even the DOGE and Shiba is still not adviced by the many. No matter what you say, they are still a meme coin with no real contribution to the crypto space.

[raidarksword]

NFT's hype were already diminished day by day and those people bought at the peak of the trend surely are already losing huge amount of money. It is risk now to gamble on NFTs because every market has a trend and once its out of the hype, it will suddenly disappear its value in the market. MEME coin on the other hand also have it's trend, but lucky meme coin is hot right now. If you are a big risk taker, you might wanna make bet about it and hoping to get profit big.

[ElmedoRator]

...If you want to invest on both, only invest 1-5 percent of your overall portfolio and nothing more, make sure as well that you did a proper research. You'll hear lot of different opinions but when trend hits the market, it is your only friend tbh, you don't have to listen on all, just pick one. You can make money on both but be wary that they carry huge risks, this is a very wild market you'll even get rekt in a matter of minutes.

Yep, only a small amount of the initial capital should be spent on these things, I have seen some people like the exaggeration of the profit story of joining these trends, but I wonder if those people have such a profit?
We all understand the risk story of these things, the hype in each trend driving the investment behavior of many people, because inexperience and comfortable capital make it easy for us to pour money into the wrong things useless things, only when we see failure do we realize that we were wrong from the beginning.

Well, if they are bragging about it they probably are or you can ask them directly and ask for proofs or something, you profit if you fomo when it's still low but if you fomo when it's at the peak, just a simple good luck then. The thing with people is that they try to follow lot of narratives, they don't know that they may profit on it if they are patient even on just one as long as you're sure on what you have picked.

It's a bias, yes, considering you wouldn't know what's the best one. DYOR on your investments ain't gonna get old, it's always the best way to maximize your profit. You research because you want to make validations and after that just be patient, that's the 80% on where the success kicks in. Getting failures is the right track towards success.

It doesn't need to be complicated because I am also someone who has built a strategy to buy memecoins or nft, in general the marketing of any project that I see is only practical when they have the pumps behind them, guys just exaggerating I have met quite a lot in space. People who like the idea of ​​x1000 in the short term make me want to stay away, instead of having to lose 999 different times. Oriented from the ground up with the basics in the market to walk on one's own feet without expecting falsehoods with someone's intentions, I am truly grateful to those who have contributed and shared their insights. A positive thing and also grateful to those who have brought the ugly face into the space so that they can be understood and avoided when exposed.

[abel1337]

NFT's hype were already diminished day by day and those people bought at the peak of the trend surely are already losing huge amount of money. It is risk now to gamble on NFTs because every market has a trend and once its out of the hype, it will suddenly disappear its value in the market. MEME coin on the other hand also have it's trend, but lucky meme coin is hot right now. If you are a big risk taker, you might wanna make bet about it and hoping to get profit big.

I personally won't suggest both except NFT assets that has a real utility like NFT games. I just don't like coins that don't have a purpose it is because they are the typical token that are getting abandoned by their community or the developers. Don't catch falling knives, it's hard to get profit now compared on the time that they still have their hype. If you want to do big risk, get smart and choose what has the greatest probability that will enable you to make a profit in short term and long term.

[Dessy88]

Best line you said as answer is to invest in btc and all other top altcoins.
Moreover meme coin is seen more at this time especially all new projects are serious and meme coin. I don't know how you can profit from all these meme coins but you should sell at the right time. Holding meme coin can expose you to scamming in the future. So it is better to profit less than to lose money

[timoshani]

None. Both of them are risky to invest in. People were making profit when NFT was a hype. Now look at those people that invested in some random NFTs at the very last moment of the hype. Most of them are regretting it. They are going to lose a lot if they sell now. The hype is over, so is the chance to make any money from those NFTs. Meme coins are the worst. There are thousands of useless meme coins that gets pumped and then dumped. You have to be very lucky to make any profit off it. Most of the people that invest in those meme coins eventually loses money.
Why go for NFT or meme coins if there is Bitcoin and other well known altcoins? The risk is lower and in the long run, you are likely to make some good profit!

NFTs are not a good and clever item for investing in now. We saw what now going on in OpenSea. The price is reduced for many NFT collections. It is better to find other assets in the crypto market to invest in and create a suitable portfolio.

[Mehedi72]

When i have better opportunity to invest those money in potential altcoins, then why should choice any of those bullshit?  Memecoin are for short term, they hype, sold and scam/dead. NFTs are most of scam, good NFTs are few. NFTs allows a lots to do but will always have a small doubt of NFTs future! So not to buy those. But i have to choice one, memecoin is better than NFTs

[lobo13hf]

When i have better opportunity to invest those money in potential altcoins, then why should choice any of those bullshit?  Memecoin are for short term, they hype, sold and scam/dead. NFTs are most of scam, good NFTs are few. NFTs allows a lots to do but will always have a small doubt of NFTs future! So not to buy those. But i have to choice one, memecoin is better than NFTs

well thats true the fact that meme coin in general have the liquidity far more than NFT already speaks for it self doesn't matter if the meme coin just outright dump at least it still have liquidity for everyone to liquidate their investment. but with NFT you're just stuck with this single thing until someone willing to pay for it which is kind of ridiculous from the investing point of view.