Quote from: gwdf1 on Today at 01:09:41 AM

Quote from: QueenVera on August 11, 2021, 05:36:20 AM

Sometimes I begin to wonder how it's easy to misguide the members in this community. The rich has made so much money form their investment in crypto and other aspect of investing now they just want to have fun by playing with meme investment like Elon musk. Without understanding that, we now see that decision of theirs as an investment opportunities and go putting all our money in a joke.

The rate at such a stupidity is what make me believe, we still have a long way to go in this industry. We don't understand the rich are messing with our heads in this industry. How can someone bindly buy an Art fir such high amount all in the name of participating in NFT. We don't learn form our mistakes in this industry. Isn't it same way we had thousands but fICO in the past and they mostly scam their investors which the presale participate profited.

Why risk it all on meme and NFT when you can simply buy Bitcoin or other legit coins and profit in the future. We have to stop giving this rich bastard and scammers the room to scam us and ripoff of our money. Stop this worthless investment and Invest in the right things to secure a bright future.

I share your point of view, I don’t see any real reason for investing in NFT or meme coins. What is their utility? They don’t carry any real value, so they can’t be profitable in the long term. On the other hand it is a way to earn a lot of money very fast. As if something is profitable and in hype, people will invest in this. Personally I don’t play any NFT-games, buy NFT-pictures or invest in meme coins as I consider this to be too risky.

- If you were wondering about the utility, I can only summarize the coin meme as you say, hype is its basic value and utility, renamed many times and such projects only represent a trend where the community creates, pumps more money, launders and makes money, worthy for those who love betting and adventure. NFT has a little more utility and use, its environment aims to store valuable products, collectibles and trade in the game platform, maybe these values are still vague but if a game company adopts and has products and crypto tokens, this could be worth a long term investment