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Author Topic: What's the $500 for? NFT or Coin!  (Read 5355 times)
Dinda mayasi (OP)
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October 03, 2021, 11:39:09 PM
Last edit: October 04, 2021, 12:06:24 AM by Dinda mayasi
Merited by dragonvslinux (1)
 #1

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

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October 03, 2021, 11:54:37 PM
 #2

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits.
It's better to choose coin over NFT, If you're picking rarely NFT that has limited edition this could be benefit for you but coin will give you more benefits since you can do anything with your coin like get passive income or get another benefit for yourself. NFT would be very profitable if you have owned rare NFT. If you are buying like NFT artwork from others and forget this. It will not give you a lot of benefit like owned the coin.
You can see the axie infinity. The price of token was moving even higher while the price its NFT was going down from time to the time due to the hyper inflation.
This can give you a small insight about the comparison between coin and NFT. I will be picking coin over NFT.

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October 04, 2021, 05:29:51 AM
 #3

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
For me althought nft is hype at the moment, Im still gonna go for coin or token instead. Its kinda hard to benefit from nft especially you are investing on a new project. Also by investing on nft, you cant easily change it to fiat so to say its iliquid, since compared to tokens or coins that you can sell right away when you have it and dumped it on dex or any market where its listed.

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October 04, 2021, 11:13:58 AM
 #4

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
Of course coins, because NFT is for collection only, and will be difficult to sell again.
Choose a coin that already has good fundamentals, so you can profit in the long term.
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October 04, 2021, 11:31:17 AM
 #5

If you are confused about choosing which NFT project you can buy, then you do not have to buy an NFT token instead buy bitcoin or altcoin because I am sure you will know what coin you should buy now. I will not risk my money buying an NFT token if I do not have more information because I do not know which NFT token can increase. If you still want to buy an NFT token, you should search for yourself because it is hard to get the right token right now.

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October 04, 2021, 01:59:20 PM
 #6

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
if you don't really understand NFT then don't bet on it, it's better you just choose coins.  bitcoin is the safest and more reliable can give a big profit.  NFT has its time and it is very likely that it will be of no value in the future.

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October 04, 2021, 02:11:26 PM
 #7

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
depending on what purpose you have coins or NFT. Personally, for investment matters, I prefer to choose a coin that has a clear perspective of future development. such as bitcoin, ethereum, binance, polygon and other popular coins. it may be easier to hold than NFT.
well, but back to you, if you are more interested in NFT, what kind of NFT are you targeting, Games ? art ? or other. it will be very important to hold on for a long time. choose according to what you need.
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October 04, 2021, 02:59:27 PM
 #8

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
I'd pick a coin over an NFT if it's for the short term and if you badly need the coin you can sell it across exchanges, more on like the advantage for choosing the coin. NFTs are hard to be sold unless they are that of high value or rare in the first place and besides I don't think $500 worth of nft is on that category, I may be wrong too. If we are talking about benefits both can't guarantee that since this market is a two-edged sword.

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October 04, 2021, 03:26:03 PM
 #9

I personally prefer altcoins over nft. the reason is simple I am not very good at choosing which nft will be of high value in the future while altcoins even though there are currently so many altcoins but at least I can research which ones really have good potential in the market.

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October 04, 2021, 03:33:15 PM
 #10

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
Personally, I still prefer coins that have been popular from the past to the present because they never die at any time, in contrast to NFT, where the trend is happening this year and the hype is happening this year too, now it's just a matter of You make your own decision on this.

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October 04, 2021, 04:12:01 PM
 #11

Of course coins, because NFT is for collection only, and will be difficult to sell again.
Choose a coin that already has good fundamentals, so you can profit in the long term.
Very good advice my friend, because choosing coins that can be easily resold is a very important thing to consider because when someone needs money suddenly, he can immediately sell it without having to wait for anything.
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October 04, 2021, 04:20:31 PM
 #12

there are so many suggestions coin are more reliable and recommended for you ,not much different from the existing advice but you still have to be consistently nimble in investing whether it's in coin or in nft ,because success factor is in your hands not in others hand ,take at least 2 coin for the medium term good luck to you Dinda

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October 05, 2021, 12:26:02 PM
 #13

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
Depends on the coin and the NFT that you want to buy. There are good NFT's that may worth a lot more in the future and there are coins that could worth a lot more in the future, at the same time there are horrible NFT's that will not worth anything at all and there are coins that will crash. If you pick a good coin then you should pick a good coin, if you pick a good NFT then you should pick a good NFT.

If you are asking us which coin or which NFT you should pick then you are not at the right place, people here will tell you what they are holding and not what you should be buying and because of that you will not get a good answer from here. I personally believe that you should do your own research and find the good ones yourself.

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October 05, 2021, 02:58:37 PM
 #14

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

Coin has more benefits than NFT, believe me people are buying coin rather than NFT. There must be an exception for the rare NFT but i think that you can see the market. NFT can be produced easily while the token will have limited supply. In this case, if you're aware of the rule of economic and then you will be choosing the coin instead of putting your money into the NFT asset. There are lots of NFT assets but you can't be sure if the demand will be divided equally as so many NFT has become useless NFT. that proves that if the coin is far better than NFT asset. you can also create your own NFT and sell it for coin and then why do you need to buy NFT? Just try to think it wisely.

So many people have been buying the rare NFT for some reasons but if you're little shrimp you can't do this as you have your own limitation. Coin was also offering you passive income, capital gain, NFT farm and many more. This makes coin more reliable than NFT assets. I don't say that if NFT asset was bad but think about the comparison of both.
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October 05, 2021, 03:09:57 PM
 #15

I prefer to use $500 to buy coins that are potential, easy to store, sell or make long term investments. If NFT has to be really selective in choosing it, scarcity and current trends are a consideration in buying NFT, when selling it must be to the right buyer to get a good price.

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October 05, 2021, 03:45:53 PM
 #16

If I have $500, I will buy bitcoin and altcoin than NFT token because, with so many NFT token out there, that will be unpredicted to know which token can increase. Besides that, with $500, you can buy a low-price coin because I think those coins have a chance to rise higher. But that depends on the coin you select because not many low coin prices will increase. So maybe you need to search carefully.

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October 05, 2021, 04:16:28 PM
 #17

Usually, many of you will think that $500 is a small amount and will invest it like buying a lottery ticket.  To me that is not safe, bitcoin would be the right accumulation allowing for robust, refactoring anytime if you want a real hope in bitcoin.  Meme, NFT or any next trend Dao2Dao can be a strength but bitcoin is better
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October 05, 2021, 10:20:51 PM
 #18

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
I'll buy that bitcoin or ethereum.

That's for the better I think and that's what I'll be selling if I have that amount. But you bet your investment and what do you think is going to be a good investment for you.

There might be cheap NFTs that could double or more in less time.

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October 05, 2021, 11:35:10 PM
 #19

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
It depends upon which NFT you are planning to purchase and whether those are limited editions with fan base, if not you will be the proud owner forever. I have seen NFT selling like hot cakes and there are many that are purchasing them to resell again. If i am choosing one, i would choose Bitcoin over anything else, if making a profit without much risk compared to NFT which is a high risk proposition.
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October 06, 2021, 10:06:49 AM
 #20

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.
At this moment, I think you should invest in bitcoin because bitcoin could increase more than now. Or if you think that bitcoin is too expensive for you, you can select ethereum or bnb and I think you can buy 1 BNB with your $500 and you should have some money to invest in the other altcoins. The market seems to go back to the high price because bitcoin can back to $51k and if this situation continues, we might see $55k soon. If the price can reach $55k, then the chance to go to $60k this month will be possible or at least next month.

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