Topic: NFT and what to buy now? (Read 294 times)

Instead of going to the 26k and bitcoin was going back down again to the 23k. that means if your prediction was not true at all. Have you seen NFTs recovered from the bottom? Even some NFTs have no value anymore. So many hyped NFTs already had no demand again. I think that the reality is not even far from so many NFTs will be dead. The fact that if bearish trend has become the main reason why this kind of situation is happening

i think btc will instead gains better recovery than nfts in general once the bullish finally arrive. nfts is really bad for investments if it doesn't have projects that could holds its value like games.
instead if you invested in btc it's definitely could easily gives you nice roi by just waiting until the bullrun comes, after all btc is where the big investment firm put their investments.

personally, I would leave NFT for bitcoin. however, the potential for bitcoin can even be over $26k, and I feel that bitcoin has even greater potential than NFT. if you feel that bitcoin doesn't have much potential anymore, then NFT will be like that too. I have the principle that bitcoin is now almost in control of everything crypto-related, even NFT. if you feel that bitcoin doesn't have that much potential to hit a price higher than $26k, then neither does NFT. that is my personal opinion.

You really think bitcoin won't go above $26,000? Look at the all time high price and you will see that it has already went above $60,000 USD. If bitcoin won't go above the price you mentioned, other coins also won't rise up much because I doubt any coin would be able to dethrone bitcoin. NFT's are totally a different thing. I wouldn't say it is a better investment option. You will need to have buyers wanting to buy your NFT to make profits.

I wouldn't join  a random group link. Highly likely you are probably trying to lure some newbies (with $10 bait) into scamming them.

Well, I'd just hope that many of them are worth something in the future when there is another set of projects sprouting again. But as I can see these projects are unlikely not to stay long, in fact, NFT gaming is already down. Not that I think it was because of the current situation but it was clear to us that those who come in hypes haven't stayed long and they were gone.
Honestly, I couldn't expect much from them, and for me, they are not a good investment especially if we are aiming for the long term.

why wait anymore? I think you will regret it if you don't start buying altcoins,
altcoins are already at the bottom, and I'm sure altcoins are starting to be bullish from now,including NFT.

nft is no longer a new thing that can gather many people to buy and hold it, especially for those who are disappointed with the value of nft they hold when the market is bearish at this time which may not be worth it anymore because it not can't compete with other nft and plus the market decline.
holding nft is not a profitable thing for me personally it's better to collect altcoins that still have high potential

NFTs still needs a long time to develop and improve because most NFT projects last year have failed especially when the bearish season approached. I think their developers still need to focus on building a strong resistance for their coin to survive all the market situations that might happen. I don't think it's wise to buy NFT coins these days. It would still be better to buy Bitcoin and other potential altcoins over it.

to be fair, the fate of nft is still unclear, although many nfts have lost more than 90% of their value due to the bear market and the nft hype is almost gone
but looking at the altcoin market is not much better, topcoin also dropped in price so it can't be said that nft is over and has no future
we should wait until the bear season is over then we will really know if nft is dead or is it still trending in the future

I don't like the idea behind NFTs but it makes sense to find NFTs with power or usability in real world and also in game assets, that's cool enough and very understanding but most NFTs have no real use than just been a piece of a good looking image or cartoon characters, it makes no sense.

NFT "was" a good investment and I do believe that it will become a good one again in the near future as well. People are using them right now to build projects that could get better. Back in the day they only sold images, now they realize that NFT could be used for gaming, which is getting a ton ore popular, and we are going to see a lot more stuff as well.

That means in the near future when the bull run comes again, and price breaks ATH again, then we are going to see all of these improvements on NFT world come to light with brand new projects and people will have excess profit from the bull run to spend on these projects for sure, it will definitely be something great.

From a gambler's perspective, there's a lot of roads you could take. Solana and Tezos NFTs are taking off (not that I would ever touch those).

From an investor's perspective, I would go with Historical NFTs, which include early NFTs on Ethereum from 2015-2018 and "pre-NFT" tokens on other blockchains. A few examples include:

- Rare Pepes or Spells of Genesis cards on Bitcoin
- Early Namecoin identities (although those expire and you need to re-register them periodically)
- Early Dogeparty assets from 2014 (on Dogecoin)

Basically, "new" NFTs (2020 and after) are a real crapshoot as they require social momentum to keep their prices up.

Most NFT makers start a project, squeeze as much capital as they can from it, and then move on to the next one. With historical NFTs this can't really happen as they are already out of the hands of the creators and their value is maintained by simply being old (and they're only getting older).

If you believe that BTC won't grow why are you even up for NFT investment? I can remember that without BTC taking the lead on bulls there is no hope for every other projects in crypto space even the NFTs. You need to think about that.

Why do you have that feeling? I think it's better to invest your money in bitcoin than in NFT because NFT is still under development and we don't know if it will stay as it is now or change again. I'm not sure if people will leave bitcoin and prefer to invest in NFT because they have seen how bitcoin moves from the beginning to the highest price in the last year. They are even more interested in investing in bitcoin because the price has dropped drastically from yesterday's high price so they can get more bitcoins to keep.

Its just what you feel but I disagree with it. Did you check the price history of Bitcoin? The price even plunged lower than this year's bottom, yet the price is still managed to climb up. It might take time to recover consistently but it will certainly come.

It seems you lost interest in Bitcoin and would rather take risk on NFT. But think deeply, is it worth it to diversify in a risky projects or stay in Bitcoin which is already proven as a worthy crypto?

Well, you are still new and you never know what you are talking about.
$26,000 not anymore? You have questioned the capability of Bitcoin but you never see the LOW potential of NFT? Maybe it is a need for you to know that NFT hasn't that potential and is too far from Bitcoin.

Well, if you want to get scammed then invest in NFT, that was the best solution in knowing what they look like. And later on, you will realized that Bitcoin is more valuable that any other projects in the crypto market.

NFT isn't so great in term of investments currently, moreover NFT that kinda revolves around art just already losing its momentum making some of them valueless and lacking liquidity.
the thing with NFTs is that in general they are really lacking in terms of liquidity making them hardly a good alternative for invetments.
I definitely will prefer invest in smart contract coin more since they are just better currently.

Actually, even though there's not much hype in NFT this year in general, there are lots of opportunities and chances to have a good return investing on those with the right timing and execution of our strategy. However, this can only be achieved by experienced users in this field.

Since OP is new and having some confusion, he's not ready yet to face the risks of investing in NFTs.

That's why for the meantime, my suggestion is, continue what OP did on how he achieved those bitcoin holdings he currently has.

actually seeing from the current chart in CMC so many NFTs are actually hardly holding up with the current trend of corrections after corrections that majority of the NFTs has lose big share of its value.
instead btc could have rally and easily reach the value of $26K in the future considering it's already having many rallies recently.
I think instead of investing in NFTs you better off investing in btc and some other coin like ETH and BNB instead.

If bitcoin cannot go above 26k in the future, then I assure you that no altcoin or NFT will be able to grow and bring you profit in the future. Bitcoin is the locomotive of cryptocurrency, you can only see other coins grow as bitcoin grows. NFT is just a trend in the market and it may continue to exist or disappear, nothing is certain. Bitcoin, on the other hand, does not expire, it will remain in existence and grow over time, it is one of the hottest investments of our time.

I think all these things depend on your game plans and how long you are willing to wait I will suggest you give yourself time line so that you can achieve what you really want Short time price actions usually disappoint I think look at what might happen in the next 2-5months

It's only natural that you are taken in by the hype of NFT which may provide an opportunity to get higher profits now and look at bitcoin with one eye because of the reaction from the bear market at this time.
but you are wrong when comparing bitcoin with any nft because holding bitcoin will give you more positive expectations than nft.
but basically when someone gets carried away by the hype it's hard to get out

If you feel that bitcoin won't be surpassing $26k, go back again to the time when people have said that bitcoin will never be back again on its former ATH on 2017. But as 2020-2021 came, we've seen how the market moved and reached a new ATH and went back surpassing more than the ATH on 2017.

HODL.

Hold bitcoin and invest wherever you think you're good at but don't compare bitcoin to those NFTs.

You doubt bitcoin's growth prospect, i doubt you will do good with nfts.

What do you mean by anymore? Crypto is high volatile investment so it's normal that BTC goes down to 20k plus but don't think that it won't surpass it's ATH anymore, in few years more BTC will grow over 100k, as for NFTs they are bad investment compare to buying coins now.

Lol!!!!

If you have money in your pocket that you want to invest in cryptos, invest in Bitcoin and ETH only. You may add some privacy coins like Monero as well just for the future. But no NFT please!

But you like gambling,  then you can buy some NFTs for sure. But be ready to take the hit if the money goes to zero. That will never be the case for Bitcoin and ETH.

Lots of NFT-related crypto projects right now and telling you where should you put your Bitcoins to invest in those is not an easy advice. We all have our own preferences and not because you saw someone is successfully investing in that specific NFT project, you will also have the same result.

I'm sure you are in a tough situation now where you are confused about what to do.

But the fact that you are able to own some Bitcoins, why not just continue for now what you did to own those? Believe me, $26,000 can be breached but it's just that some newbies nowadays want a rush upward price movements.

i believe the OP is really new in this market. he is favouring the NFT hype over BTC. i guess he will change his mind once his NFT investments will go down the drain and see that btc is still standing strong despite of many struggles in the market. anyway, he is free to choose in this market. in time, he will learn which ones are really worth to invest long term.

On the time bitcoin do move out sideways then people do tend to look for another place for them to put their attention and with the current hype and interest in the market which it isnt something new and even myself

would be having considerations when bitcoin isnt really moving that much but of course i would still put up some priority on accumulating bitcoin as much you i can and this is how should people be thinking up this way.

Tend to go in sideways but dont forget out priorities when it comes to investment.Dont just put yourself go all in with the hype in the market.

What are the reasons you consider why you are having that strange feeling that bitcoin will not grow more than $26,000? Let's say your speculations are true then you will still be on profit if you try to jump in at the current price.

Then from there, just take advantage of the price swing.


NFT is a product of hype. You need the experience to deal with those. Since you are a newbie, you might just end up in the worst situation if you will just listen to others. Build experience first as your decision should not be because someone suggested you do it.


You can't expect spoon-feeding here.

All newbies here build experience from scratch. Try to make your own.

$26,000 is an easy piece of cake for Bitcoin, Try maybe $500,000
The other day it traded at around $25,000... you think $1K would be a problem in the next few days or weeks?

In Bitcoin or some established old altcoins

Avoid cluelessly following hype or FOMO or else you may end up losing all your hard-earned money. The Bitter truth, NFTs have no future and the easiest way to lose money is trying to invest it in NFTs. One day, you will remember these words.

It's just your feeling and you're a newbie, you don't know anything about bitcoin yet so please don't judge what you don't know. You should take the time to learn more about Bitcoin, because once you have a better understanding of it you will be able to decide whether to invest in bitcoin or NFT. Don't just listen to someone tell you to invest, the money is yours to keep. As a newbie trying to find a low risk investment, keep in mind that there is no get-rich-quick story here, crypto is a market rife with scams.

The market for NFT has become so big as the hole online-art-tradier worldwide. Extreme hype and nothing more. Everyone has tried to play with NFT‘s, or still wants to. But simply, they are just digital images. And pictures of bored monkeys were extremely popular in the beginning. Now it's become uninteresting and a screenshot in a frame is maby better. NFT where there, but it's gone… quickly. 

Do you have some proofs to ascertain this? Even though am less concerned about what may be your reason, let you shock you with this, go through the record history of bitcoin past thirteen years and get some taughts out of it, moreover if you have had an ugly past experience with shitcoins before then i think it's time you know the difference bitcoin stand for among other cryptocurrencies.


Even though your question isn't straight forward but let me assume what i thought you're asking, invest on bitcoin using hardware wallet, you can secure one by purchase, and if you're investing a very huge amount of money on bitcoin then it is better to run a full node on the blockchain, always avoid centralized exchanges for an investment.


If you think you've developed a more thicker skin in taking risk then your can stake your coins but advisably invest on bitcoin, NFT has alot of scam in it

Thx

You are not only new here in the forum but also in bitcoin. How can some that understand bitcoin would say, he has a feeling about bitcoin that bitcoin will not grow more than $26k. Do you know where the bear market stopped before bitcoin comes back this 23 or 24k? That your strange feeling that you have, it has not tell you the real stopping price of bitcoin, I will advise you to enter speculation board and read the threads there so that you will be well equipped in the bitcoin space. And also you don't have to know my opinion and read opinions on speculation board. Is your country's inflation stable? No. So please one thing you have to understand about bitcoin is that, it is not a stable currency. And it is not a centralized currency. It is a decentralized digital currency that is used to buy and sell things (assets) through peer to peer (p2p). Example. You have a electronic shop and I want to buy a TV and you have a wallet. What I will do is to transfer the amount worth the TV from my bitcoin wallet to your wallet directly not to third party bank.

And as for NFT. Investment is a personal decision so if you know that you are interested on NFT then go ahead. All legit platforms are good to invest and also all legit platforms have risk. Therefore, the choice is yours

I totally disagree with this very statement of yours, because that was the same statement people made when Bitcoin was $10k and even $20k, until it rose to $69k and now it's back at $23.7k. One thing you need to understand about Bitcoin is that it is not a get rich quick scheme, and to be frankly speaking, Bitcoin is a good investment for long term, but to be sincere I don't think Bitcoin will go 5x or 10x before middle of next year, but it will definitely. So if you are looking for coins profit pumps up 10x within few months, try Altcoins, because as for Bitcoin, it is a gradual process..
And as for NFTs, I am not a fan of NFT, so I actually don't know much about it

hello everyone, I'm new to this site, but I have a strange feeling that bitcoin will not grow more than $ 26,000 anymore, I want to know your opinion, and where is it better to invest your bitcoins now? I heard that the NFT market is going up very well now, which NFT is better to invest in? or is it better to leave bitcoin, everyone who will help, and I will earn on this, I will throw in $ 10
my telegram https://t.me/muv_neo