What's the $500 for? NFT or Coin!

[YinShuiSiYuan]

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 all depends on how much you like the risk. If you choose the NFT project, then you can earn a lot or lose a lot. If you choose a coin that is much stable on the cryptocurrency market such as BTC or ETH then the investment is much safer. The choice is yours.

[1715233430]

1715233430

[1715233430]

1715233430

[rhomelmabini]

Unfortunately the OP didn't specify the name of the coin or NFT you want to invest in to make it easier to point.
just like many projects that were launched not all of them were successful even many died, that's why no one can tell which ones exactly are profitable.
I think you are just chasing the hype not thinking about the ecosystem and its background, coins and NFT are equally profitable if choose wisely.

OP doesn't mention any specific ones but judging by the title I think he's into coins that are already listed on exchanges and also liquid, I think he/she have specified if it's in the longer-term or just short-term. If it's the short-term then I'd say pick a coin but for the long-term, I'd say NFT are your best option since this market is just booming and it will become huge through time.

[Benefactor]

In case you are purchasing like NFT work of art from others and fail to remember this. It won't provide you with a ton of advantage like claimed the coin. Additionally by contributing on nft you cant effectively transform it to fiat so to say its fluid, since contrasted with tokens or coins that you can sell immediately when you have it and unloaded it on dex or any market where its recorded. Assuming that you actually need to purchase a NFT token, you should look for yourself since it is difficult to get the right symbolic at this moment.

[Dr.Osh]

Thank you all brothers and sisters, your advice has helped me choose between coins and NFT. Just last Sunday I bought Bitcoin, and now the price is going up, very good advice. Once again, thank you, Success for all.. Amen. Hopefully our crypto assets will increase and next year can enjoy them.

Congratulations on the profit you made, my friend. for the next one, if you are targeting short term profit, you just need to choose popular coins. I have never traded NFT, but I would also choose coin over NFT if I were you.
My advice, if you have found the right way to increase your assets, then make a plan to enlarge it quickly.

[timerland]

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 say go for a coin.

NFTs are a very specific applications of the blockchain technology in a way that generates hype.

I don't think that the current bubble is sustainable. Instead, you should probably buy the underlying technology (e.g. ETH).

[sulendra12]

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 would prefer to invest on coins instead of NFTS. It could be really good if you had it at the earlier times when NFT was really new and people were really hype at that thing. But for today, NFT is just a speculation stuff that the price could be manipulated by just one person and new people might get caught by this because they thought they could get easy money from it.

Investing on coins is better than that because you have numerous coins to choose and you can see stuff like past history and the graph available on the internet, people can get better profit than NFTs bullshit.

[gamer4156]

Assuming you pick a decent coin, you should pick a decent coin, on the off chance that you pick a decent NFT, you should pick a decent NFT. There should be a special case for the uncommon NFT however I feel that you can see the market. NFT can be created effectively while the symbolic will have restricted stockpile. For this situation, on the off chance that you're mindful of the standard of financial and, you will pick the coin as opposed to placing your cash into the NFT resource.

[fara_buduk]

for now NFT is very much loved than others. But I hope you have to be careful about this because something that is trending will sometimes be left behind so if you really have to buy it, you have to be wise with its future growth, if not, it's better to buy a price coin down and provide more profit opportunities in the future

[ringgo96]

I prefer coins because NFT risk is greater and profits are more difficult for us to get in NFT, so use your current capital to buy some potential coins in order to get maximum profit, especially for now many coins are in decline so it is suitable to invest in coins that are at the top of CMC and some projects that do have the most likely to be successful to achieve the targets that have been set.

[Digital_Lord]

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.

Nft trend is looking good but we cannot say that which NFT will have big hype. Usually Solona and Luna NFTs are trending these days and investor are taking interest in it.
I will recommend you to buy some Metaverse project coins and hold for 6 month at least. May be these 500$ convert into 5000$+

[andyou1234]

The NFT hype does look very good and its popularity is very high at this time, but I prefer to invest with coins because investing with coins has a very small risk compared to NFT, if invest in coins with a capital of $ 500 then most likely can earn 2-3x the profit in short time, but the coin we choose must have high potential like eth and binance.

[manok jepang]

it's a shame the OP didn't specify which coin and NFT to refer to, but I personally would never invest with NFT because the risk is very high, especially the increase in NFT is caused by the current trend, I prefer coins as an investment because coins have greater opportunity to be able to provide profits in the future.

[aruldaroy]

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, I prefer to buy coins than buying NFT, even though NFT is currently hype, but it's still different in value from the coins we buy because NFT is a kind of ML game too.
but if we buy coins we can sell whenever we want if we need our money and of course we can sell it in various markets, while NFT of course we have to sell to the market they have determined and the profit from NFT is also not much.

[Congyang]

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.

in comparison I think if I had the money I would buy some coins because it is very promising if our coins get the spotlight.
It's not that NFT is not good, it's just that now there are too many NFTs and what I feel right now is that it is difficult for me to sell NFT at a suitable price. Moreover, they are now in doubt as a result of irresponsible scamers.
I think now the coins are pretty good, especially if you look at the potential coins, I think you should consider that.

[blockman]

That amount would be enough to buy NFT in the form of Axies a few days ago. That would be a decent team already. But with the new update within the new few hours.
The price of axies will be increasing and if you're not into games, you should just those tokens that are related to NFT. Like sand, mana, and other tokens that you can find with the nft games.

[Gudhal Untu]

I suggest with $500 to buy coins, we know that NFT is a good project but for now buying coins like MATIC, Solana or BNB is the most profitable thing, I've invested 3 coins almost 4 months and the profit is almost 22%.

[michellee]

I suggest with $500 to buy coins, we know that NFT is a good project but for now buying coins like MATIC, Solana or BNB is the most profitable thing, I've invested 3 coins almost 4 months and the profit is almost 22%.

Those three coins are good options. He can search for the other coins instead invest in NFT. But if he still wants to invest in NFT, I hope he can search for the right project as almost all of the project offers a big profit, which can make him tempted to invest a big amount of money. $500 is a good start to investing in crypto as he can see many potential coins or tokens that can increase soon. But the problem is that he should analyse to find the coins or tokens one by one.

[n0trub]

Guys from SinCityToken are planning to create VR Casino. I repeat, VR CASINO. Still have questions why should you invest in SIN?

[SlimShadyMmp]

Problems with NFTs are the gas fees mate If any hot new NFT comes out for minting most people are willing to spend around 200-500usd for the minting since sometimes they can mint between 5-10 nfts on a single transaction and if you look at that from their point whatever they paid for gas will be fully compensated with 10X gains so I dont think thats much of a problem for them But for $500 maybe you get one NFT and let say it did only 2X With gas in and out that's just surviving maybe to get your money back

[BaeSuzy]

Take a look into #CKB -> Devs are brilliant and the economics around CKBytes just make sense. Will take years though to flourish, its quite ambitious and of course, as most things in crypto, high risk and always do your own research.