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Author Topic: What's the $500 for? NFT or Coin!  (Read 5355 times)
KennyR
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July 18, 2022, 11:54:57 PM
 #221

Ten months back OP have requested whether to invest on NFT or any of the cryptocurrencies. During that period NFT was in the hype. OP could've made good profit if invested on any of the popular NFT. Considering today's market for the $500 investment, it is always good to focus on some low price altcoins in the top order. Something similar to Cardano is my pick for long term investment.

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July 19, 2022, 07:10:39 AM
 #222

I can say coins, because $500 can get valuable coins in the future,
although right now there are indeed many coins being dumped but I'm sure in the next season or if they are bullish again,
the coins you buy will get better results than NFT , I guarantee that.
there are many coins with NFT category on the exchange, one of them is DEP, you can buy DEP and hold, my suggestion
Thats what we called practicality mate , COIN is mostly can achieve a better tomorrow , but what about NFT?
 well i might be bias because i am not a friendly in NFT project from the beginning  but maybe because I have my own reason and
 I have seen those project moves and thats why I will choose coin against NFT's.

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July 19, 2022, 01:28:29 PM
 #223

I would say there is no big difference now,,, 99% of coins have zero utility, same as NFTs.

And I have been very against NFTs but if one day you show me someone on this forum using an NFT for something other than jpg showing off,,, that would be the day I say your NFT has utility, go for it.

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July 19, 2022, 09:56:26 PM
 #224

defending on the nft you are buying I think its better to have NFT but still is more risky Imagine buying a punk some years ago I think you will still be up in millions of profits and is more liquid than a random token you will buy But still token have their own places if you are able to research and really grind to find good projects

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July 20, 2022, 03:39:40 PM
 #225

Thats what we called practicality mate , COIN is mostly can achieve a better tomorrow , but what about NFT?
 well i might be bias because i am not a friendly in NFT project from the beginning  but maybe because I have my own reason and
 I have seen those project moves and thats why I will choose coin against NFT's.
To date I've found nft discussions on my country's local board. There is a table that shows that some NFTs that have a usefulness have experienced a price drop of up to 80%. I don't know if this is the impact of the falling BTC price or indeed NFT is just as Hype is starting to decline. I myself feel like these NFTs are like useless. Their basis is simply orientated from different individuals. This is very different from a coin or token, so I chose a coin or tokens instead of having to buy an NFT. 


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August 06, 2022, 05:29:29 PM
 #226

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August 06, 2022, 10:26:26 PM
 #227

NFT hype is almost over. Now it is time for the next phase of innovation. Right now something different haven't reached the market. Be prepared, when something different from the regular pattern of project strikes the market. Coin always secure its place in the market amidst the market trend. My choice will be a coin in the top order which is priced less than $1.

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August 07, 2022, 06:48:52 PM
 #228

NFT hype is almost over. Now it is time for the next phase of innovation. Right now something different haven't reached the market. Be prepared, when something different from the regular pattern of project strikes the market. Coin always secure its place in the market amidst the market trend. My choice will be a coin in the top order which is priced less than $1.
You're wrong, the NFT hype isn't over yet, it's just the beginning, we're in a bear market, but look,
many NFT, Metaverse and Play to Earn projects are recovering very well, this means NFT is still not finished.

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August 07, 2022, 10:48:17 PM
 #229

NFT hype is almost over. Now it is time for the next phase of innovation. Right now something different haven't reached the market. Be prepared, when something different from the regular pattern of project strikes the market. Coin always secure its place in the market amidst the market trend. My choice will be a coin in the top order which is priced less than $1.
You're wrong, the NFT hype isn't over yet, it's just the beginning, we're in a bear market, but look,
many NFT, Metaverse and Play to Earn projects are recovering very well, this means NFT is still not finished.

It is true that there is a possibility that NFT will return to hype again, but of course not this year, because now the bear market is not over yet.
Although some NFT projects do show positive movements, the risk is still too high in my opinion to invest in large amounts in NFT. We should
indeed focus on investing in top altcoins which are indeed a much safer choice, because the risk is not as big as our investment in NFT.
However, there is nothing wrong if we allocate some of our capital for investment in NFT, if we really trust NFT. What is certain is that my advice is
no more than 10% of the capital we use to invest in NFT.

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August 08, 2022, 09:09:21 AM
 #230

NFT hype is almost over. Now it is time for the next phase of innovation. Right now something different haven't reached the market. Be prepared, when something different from the regular pattern of project strikes the market. Coin always secure its place in the market amidst the market trend. My choice will be a coin in the top order which is priced less than $1.
You're wrong, the NFT hype isn't over yet, it's just the beginning, we're in a bear market, but look,
many NFT, Metaverse and Play to Earn projects are recovering very well, this means NFT is still not finished.
Nft's are not new but we already have nft's before like crypto kitties however they became more popular in 2021 but 2022 have been a gloomy year for the cryptos so maybe you are right about it that if not because of the bears maybe nft hypes are still there?

Well, let's see once this market normalizes. Alot of nft's are recovering, that's because btc the king of crypto is also now doing well. Okay, what if we can invest in both nft's and crypto coins? But better if we can prioritize the coin's more since we already know their flow. We know that they can always recover and improve but we are not sure yet about these new nft's around us.
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August 11, 2022, 10:58:35 AM
 #231

Become a co-owner of crypto exchange
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August 11, 2022, 12:53:34 PM
 #232

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.
better choose coins than NFT, or maybe you can mint NFT for Play To Earn, because if you only collect NFT,
then it will be useless, but if you mint NFT to play games, then it is very good, try it , there are some good Play To Earn projects like AXIE

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August 11, 2022, 04:34:58 PM
 #233

It's all depends on the trend and value . If you search for top class NFT project and whitelist for their public sale and also have some Usecase like can be used in game in future or staking lower then I will prefer NfT. If you cannot search for this then don't buy NFT because 90% of NFT project failed.
Buy some quality project token like Sand,Mana and matic and wait for bullish season.

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August 11, 2022, 07:02:11 PM
 #234

You're wrong, the NFT hype isn't over yet, it's just the beginning, we're in a bear market, but look,
many NFT, Metaverse and Play to Earn projects are recovering very well, this means NFT is still not finished.
All I know NFTs are not just in the form of images. There are some products and even they have products in the form of tokens. So I think as long as the token continues to be strong in staying on the exchange it will have a good impact. But for product images or others I think it's just hype won't last long because the individual-based perspective for profit-making potential seems too difficult because the volume is not as large as the coins or crypto that are in the market. Therefore I think nfts that have products are only images, music and do not have tokens will not last long

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August 11, 2022, 10:16:35 PM
 #235

You're wrong, the NFT hype isn't over yet, it's just the beginning, we're in a bear market, but look,
many NFT, Metaverse and Play to Earn projects are recovering very well, this means NFT is still not finished.
All I know NFTs are not just in the form of images. There are some products and even they have products in the form of tokens. So I think as long as the token continues to be strong in staying on the exchange it will have a good impact. But for product images or others I think it's just hype won't last long because the individual-based perspective for profit-making potential seems too difficult because the volume is not as large as the coins or crypto that are in the market. Therefore I think nfts that have products are only images, music and do not have tokens will not last long
NFT can be in a form of digital image, In game asset, Music or any kind of product that is tokenized on a blockchain. It doesn't need to stay on an exchange to have a good impact, There are a lot of NFT collectables that has value and impact even they are outside the exchange. Hype is not forever and it is expected to be over after sometime but it doesn't mean it can't repeat itself. This is why I think as long as the project is still building, There's a chance that it can shine again what ever NFT it is. Same applies on coins or tokens.

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August 12, 2022, 12:26:42 AM
 #236

You're wrong, the NFT hype isn't over yet, it's just the beginning, we're in a bear market, but look,
many NFT, Metaverse and Play to Earn projects are recovering very well, this means NFT is still not finished.
All I know NFTs are not just in the form of images. There are some products and even they have products in the form of tokens. So I think as long as the token continues to be strong in staying on the exchange it will have a good impact. But for product images or others I think it's just hype won't last long because the individual-based perspective for profit-making potential seems too difficult because the volume is not as large as the coins or crypto that are in the market. Therefore I think nfts that have products are only images, music and do not have tokens will not last long
NFT can be in a form of digital image, In game asset, Music or any kind of product that is tokenized on a blockchain. It doesn't need to stay on an exchange to have a good impact, There are a lot of NFT collectables that has value and impact even they are outside the exchange. Hype is not forever and it is expected to be over after sometime but it doesn't mean it can't repeat itself. This is why I think as long as the project is still building, There's a chance that it can shine again what ever NFT it is. Same applies on coins or tokens.
It would really be just on the same but the risk on dealing with NFT is much high considering on how many projects now flourished in the market then lots of shitty nft's are really scattering around.

So lets still be careful on choosing which one we should really be dealing with neither you do stick with the hype or would just find another or sticking with the casual coin or project you do need to deal of.

Invest on something you do see that it would really be worth with your 500 bucks since we do have different takings into something.

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August 12, 2022, 03:46:27 PM
 #237

You're wrong, the NFT hype isn't over yet, it's just the beginning, we're in a bear market, but look,
many NFT, Metaverse and Play to Earn projects are recovering very well, this means NFT is still not finished.
All I know NFTs are not just in the form of images. There are some products and even they have products in the form of tokens. So I think as long as the token continues to be strong in staying on the exchange it will have a good impact. But for product images or others I think it's just hype won't last long because the individual-based perspective for profit-making potential seems too difficult because the volume is not as large as the coins or crypto that are in the market. Therefore I think nfts that have products are only images, music and do not have tokens will not last long
NFT can be in a form of digital image, In game asset, Music or any kind of product that is tokenized on a blockchain. It doesn't need to stay on an exchange to have a good impact, There are a lot of NFT collectables that has value and impact even they are outside the exchange. Hype is not forever and it is expected to be over after sometime but it doesn't mean it can't repeat itself. This is why I think as long as the project is still building, There's a chance that it can shine again what ever NFT it is. Same applies on coins or tokens.
It would really be just on the same but the risk on dealing with NFT is much high considering on how many projects now flourished in the market then lots of shitty nft's are really scattering around.

So lets still be careful on choosing which one we should really be dealing with neither you do stick with the hype or would just find another or sticking with the casual coin or project you do need to deal of.

Invest on something you do see that it would really be worth with your 500 bucks since we do have different takings into something.
It doesn't really matter if you want to invest $500 in NFT or in cryptocurrencies, it's only natural in 2022,
because NFT is also part of investment, but we need to know that not all NFT will generate money for you in the future,
analysis First the NFT, did it have good fundamentals or not, as well as for cryptocurrencies.

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August 12, 2022, 03:53:05 PM
 #238

It would really be just on the same but the risk on dealing with NFT is much high considering on how many projects now flourished in the market then lots of shitty nft's are really scattering around.

So lets still be careful on choosing which one we should really be dealing with neither you do stick with the hype or would just find another or sticking with the casual coin or project you do need to deal of.

Invest on something you do see that it would really be worth with your 500 bucks since we do have different takings into something.
All investment decisions are in the hands of each. NFT is indeed very risky and many NFT projects have sad endings, but some of them have also been successful. The decrease in user interest in NFT is already felt, because the price of NFT is getting lower. Do not follow the hype or suggestions of others, choose and follow according to your interests. $500 is quite a lot of money, it must be managed properly and look for investments that are really suitable and profitable.

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August 12, 2022, 06:55:31 PM
 #239

if I had $500 of course I would choose to invest in Binance, because in my opinion BNB is still very cheap,
because the ecosystem on Binance is like an ecosystem on Ethereum, even now it is much better than Ethereum,
that's why BNB is my investment priority over buy NFT.

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September 10, 2022, 11:23:33 PM
 #240

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 go for a coin of a project like Point Network POINT
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