Do NFTs Have Same Value as Bitcoin?*

[crzy]

You might be confused with this two because they are totally different.
Non fungible assets are not cryptocurrency, though they can have their own token but in general they are not. Bitcoin are more about being a currency where you can easily buy and sell, and its more liquid. They are different and their value will never be the same. Bitcoin is the standard, that’s our basis and if you are going to compare it to NFTs you can easily tell where the investor is going, and that is Bitcoin.

[samcrypto]

Probably they have the same hype but not the same value.
NFTs are still new compare to Bitcoin though I’m not sure if all the NFTs combined can actually match the value of Bitcoin, its like 100 NFTS to 1 Bitcoin. Yes, they have different purpose as well and that’s the purpose of altcoins where they provide somethings that Bitcoin can’t do. There’s no need for this comparison though, if you see good NFTs to invest with then go for it, what matter here is that you make profit at the end of the day.

[Yatsan]

Definitely not; some big wNFT works are priced below 1 btc and some are higher. But the idea on their value is somewhat the same with Bitcoin and other cryptocurrencies because market value of NFT is also dependent with supply and demand. Only difference is the utility wherein Bitcoin could be used as a mode of payment while most of the NFTs are for collection purposes.

I am new to the crypto world and still learning the basics to understand how it operates. A friend who is an artist introduced me to NFTs, which he said is similar to Bitcoin. I want to know how NFT drawings can be invested in Bitcoin, but first, I need to understand how to create NFTs that have crypto value. After discussing it with my friend, I searched for help online, but instead of understanding it, I am getting more confused about it.

Do NFTs have the same value as Bitcoin? I have read that investing in Bitcoin is a good business opportunity, especially for people in West Africa who may not have many job opportunities. One can be self-employed by trading and investing in the crypto market and assets, including NFTs.

As a newbie in the forum, I have read other articles about Bitcoin, but I still need a good guideline on the crypto world, Bitcoin, and NFTs.

They are 2 VERY different things.  Bitcoin is a currency, nfts are not.  If ypu ask me I think the valuable nft fad will come to a close soon.  There will forever be a market for them but the moon prices everyone seen will be a thing of the past.  Tell me why you need to own a piece of digital art that really isn't art?  Focus in on bitcoin and start from there.

There's no need to invalidate those who are into NFT. We have our own reason but the same goal which is to earn profit. Some people just really do appreciate the 'art' in NFT and that is okay as long as they are enjoying it. We should not force our preference to other people. In terms of profit, I'd say NFT is more profitable but has also bigger risk. Some would say "why would you be buying an intangible art?" well same thing with cryptocurrencies since we have an option to use fiat based digital currencies.

[Oasisman]

I am new to the crypto world and still learning the basics to understand how it operates. A friend who is an artist introduced me to NFTs, which he said is similar to Bitcoin. I want to know how NFT drawings can be invested in Bitcoin, but first, I need to understand how to create NFTs that have crypto value. After discussing it with my friend, I searched for help online, but instead of understanding it, I am getting more confused about it.

Do NFTs have the same value as Bitcoin? I have read that investing in Bitcoin is a good business opportunity, especially for people in West Africa who may not have many job opportunities. One can be self-employed by trading and investing in the crypto market and assets, including NFTs.

As a newbie in the forum, I have read other articles about Bitcoin, but I still need a good guideline on the crypto world, Bitcoin, and NFTs.

NFTs are completely different than Bitcoin. It is hard to sell NFTs or collectible unique arts, as it's value depends on the interest of the people and how popular the artist is. So, that's basically the same as meme coin where people decides how much it's valued depend on it's hype.
While, Bitcoin on the other hand is currency that you can use to trade or use it as a means of payment for a product or service. Bitcoin is also used to transfer money, regardless of the value, anywhere around the world without the use of any 3rd party payment processor.

[carlfebz2]

As a newbie in the forum, I have read other articles about Bitcoin, but I still need a good guideline on the crypto world, Bitcoin, and NFTs.

NFT are most into those pixelated shit art images which it had been insanely been priced high or too expensive but when the hype goes down then those nft's did really lose value and to those people who had

purchased or hold those collections ending up on huge negative or lose of investment and there's no way on getting those value back.Also in speaking about talking about differences with Bitcoin then it is really

that different. Digital currency vs a non-fungible-token then from that alone or speaking with definition then its completely different. NFT hype now is slowly really decreasing or
already to the floor and thats why i dont mind much on touching up these things.

[bitkanu]

even though many said that NFT is just some random arts being sold with value that's too high it seems like manipulation, but it just the misuse of NFT which are prominently showing these recent years, actually NFT is a good piece of technology, it's just it still haven't found any of its real utilities that could make it sustaining for long.
but if compared with bitcoin, it's certainly that it's entirel two different thing, NFT is product of smart contract runs in EVM based blockchain.

[TheUltraElite]

Similar in the sense they are both related as cryptocurrency - but saying say would be stretching it too much, in my opinion.

Bitcoin is a currency can be used universally as a mode of payment and NFT is like an object that can be traded but not used universally like a currency. Just being associated with cryptocurrencies does not make it a currency.

Value being same is a vague term as well, you need to sell an NFT to get its quoted price but for bitcoin you just open a trade and let someone choose that to close the trade.

Investing in NFTs is way more risky than bitcoin from what I experienced. There were shit-NFTs being propagated and sold at huge prices at one time.

[topman21]

Do NFTs Have Same Value as Bitcoin?

There is no comparison between Bitcoin and NF. Currently NFTs are pretty much worthless. At one time it had some effect on the market, but now it has no effect. That's why I don't compare NFT to Bitcoin. No coin to date has been able to stand up to Bitcoin. So Bitcoin is what we have always seen and will see throughout our lives.