Post
Topic
Board Altcoin Discussion
Re: What is more important Hype or Utility?
by
Jackl87
on 26/11/2021, 11:40:52 UTC
There's a thousands of coins and tokens in crypto advertise. Ready to see the pump and dump of each tokens or coins within the advertise. Individuals more often than not see on the utilize case of a tokens or coins some time recently they contribute but not all. Other's doesn't care around the utility of a certain coins instep they are after the benefit they can get amid the pump of a token or coins. Buildup can make a coin pump but it's for the most part unsustainable and utility can make a coin pump long term but it needs buildup to flourish, something else there won't be sufficient individuals to patronize and purchase such coin. Hypecoins are great for brief term picks up, but will never beat utility in terms of keen long term calculated investing.
If you're a dealer or investor, what is critical to you in choosing token or coins to contribute, coins depends on buildup or coins with utility?

Well if you ask a sane person or a person that is not really involved into or familiar with crypto then i am 99% sure that everyone would say, of course the utility is way more important than the hype because in the end hype is just a temporary thing and once it's gone and hype is all that a project has or had then there is nothing left and that project will die. Just look at all those meme-coins that were coming up in the last few months... they are all hype and nothing else...therefore they will be all completely dead projects in a year or so except maybe a handful of exceptions. Meme-coins are good if you want to gamble.. but if you want to invest into a project you should stay away from them.