Do NFTs Have Same Value as Bitcoin?* - page 2.

vv181

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Quote from: Oti147 on March 04, 2023, 08:29:10 AM

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.

Cryptocurrencies spaces have a lot of things to grasp, if you did not comprehend anything and wildly jump into the spaces, it is likely you are prone to get scammed.

Quote from: Oti147 on March 04, 2023, 08:29:10 AM

Do NFTs have the same value as Bitcoin?

No. maybe before you try to comprehend what is the value, try to learn what are the differences between the two.

Quote from: Oti147 on March 04, 2023, 08:29:10 AM

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.

Trading and investing require money, simply like running a regular business or trading on the FIAT market. Bitcoin is a payment tool, it doesn't open job opportunities, but the thing is you can be paid by it.

Quote from: Oti147 on March 04, 2023, 08:29:10 AM

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.

Take a look at this thread: https://bitcointalksearch.org/topic/--5364418.

As I have said, there are a lot of things to grasp, take it slowly, and learn who makes interest you the most. There are various lists of discussions that began in this forum, you can take a peek to see and learn what it is all about between those three things.

Minecache

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Both are entirely different, you can understand simply like this, Bitcoin is like gold and NFT, and altcoins...are shitcoin.
Bitcoin is thousands of times more secure than NFT. You are a newbie, keep continuing to learn the basic things and do not rush to invest, and never invest with someone's advice from social networks. Always do research and make decisions yourself, do not believe in anyone in this market. As a newbie focusing on Bitcoin, it's safe for you.

bitkanu

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NFT is just a technology like a products of smart contract blockchain that was initialized from ETH ecosystem it's entirely different thing with bitcoin.
from investment aspects, i'd say it's also different with bitcoin since it usually have really low trading volume and liquidity because of its uniqueness.
it's also named NFT certainly for reasons. i'd say it's entirely different thing compared with bitcoin.

gaston castano

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of course no, why you compare bitcoin to nft, and as far as i know the price of nft also depend on the bitcoin price.
if bitcoin falling not only coin, but all entire of the market will falling.
so no one can compare value with bitcoin as a king of crypto.

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Quote from: Oti147 on March 04, 2023, 08:29:10 AM

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.

I think your friend just said that bitcoin is similar to NFT because it both needs a blockchain in order to work and both are under the spectrum of cryptocurrency. Though both are far different from each other. NFT's won't reach the level of bitcoin when it comes to community trust and other factors. With the rise of cryptocurrency, There are many jobs that created because of the recent users spike and numbers of project launching. Most of the jobs are digital like jobs in arts, coding and digital marketing. Just separate bitcoin from NFT's when you do research and don't compare.

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Quote from: Oti147 on March 04, 2023, 08:29:10 AM

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.

I wouldn't compare being "employed" to "trading". Employment takes mostly your time away and not your money (and even if there was, it'd only be spent on daily expenses like transportation and food), trading is completely different. It's a zero-sum game. You have to have something you can lose before you gain something, in this case, money.

Anw on the topic of NFT and Bitcoin, they're different. Bitcoin is a cryptocurrency, to simplify, it's a type of money you can use like how you use say USD (or whatever local currency you use). Emphasis on "like" since they still have differences. NFT's are like a "token" that certifies ownership. Just imagine it as a type of deed for that certain object, in most cases right now, it's for a piece of art.

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1. NFT and Bitcoin are completely different, Bitcoin can be used to store a value, currency or not hard to sell since every Bitcoin is same, except you're buy a fake Bitcoin e.g. BCH, BSV, etc. In NFT, you must find a buyer who want to buy your NFT, this is really hard since when you uploaded your NFT to Opensea or NFT marketplaces, there are a lot competitors which upload their own NFT too.

2. Using NFT or shitcoins for investing are really a bad idea, honestly NFT is more dangerous than shitcoins.

Oti147

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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.

Topic: Do NFTs Have Same Value as Bitcoin?* - page 2. (Read 147 times)