I see this NFT of a thing as a new Era in cryptocurrency journey and development. Many people are seriously taking the advantage of its trend to make huge money just as ico, defi and other Era got those that get in early rich. However, just like other Era we should expect and ready that the trend will slow down some time and I hope we would not be cut off the way it happened during ico.
Topic: THE BULL RIDE OF 2021 - page 5. (Read 1052 times)
The key is to be selective, don't just throw money at any project you see like a project that has some generic name in it. That could be a scam project.
Also, you should diversify your investment in nft project as well since holding everything in one basket is never says as anyone said, but the top nft are good quality and there are more newer project with good quality as well and to differentiate which one has high quality isn't very hard.
Also, you should diversify your investment in nft project as well since holding everything in one basket is never says as anyone said, but the top nft are good quality and there are more newer project with good quality as well and to differentiate which one has high quality isn't very hard.
It's not possible to happen because market is gradually showing strength and keep showing sign that the bearish is all over. And yes i believe also that NFT will make hype again along with bitcoin when market show a great increase.. Infact it already happened actually and for me in my opinion they will just continue what they're doing before market collapse or this time they will tends to surge more and break new records.
Looking at what's going on with the current situation, what the OP is saying makes a lot of sense. I believe that the current market will have another stronger rally until the end of 2021, the trend is becoming more and more obvious, perhaps the next trend that new projects will focus on building and development is about GAME, yes we will soon see more GAME development projects incorporating blockchain will appear more in the near future.
Flowing money with game related projects, sooner or later many newcomers will learned crypto.
Knowing that most of the time people love exploring all the potentials, after realizing that crypto is not just all about games as there are other venues where they can earned money from this industry, another bull may take place if the success of this kind of industry survive and not to ends up scamming people.
Yeah, I also believe so. And also believe that the Blockchain Gaming hype will stay longer than defi and NFT because the world has more than 1 billion gamers. When this filed will get exposure I hope they will not stay away from making money by playing games.
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That game gets really hyped up in my country due to people earning something from it through NFTs. It was the first NFT to be popular here in my country from what I can tell actually.I believe there is a certain "game item" there where people can earn money just by buying it with real cash.
I haven't tried the game yet because I am not interested to it.
I also don't like gaming, but the thing is that it is the only sphere now, where you can get big profit. So I am participating in marketing campaigns of different games now, to get some of their tokens or NFTs and become a member of their community. Now I am really interested in a game called DeRace. It is about horses. You just buy or get horses, then breed them and participate in races with them.
Don;t miss-out. it is good to stay informed. if you miss the NFT and Defi of last year. don't miss this year's ride. we saw what Defi and NFT tokens did last year. some tokens did over 500 to 1000% within several periods LAST year, I strongly have a feeling that NFT GAMES will move the market again just like Defi last year. currently, AXIS is leading the chase. be on the lookout and Remember.DO YOUR RESEARCH
To my mind, if the first wave of hype is already over, you will not earn big money there any more. So in my opinion, it is better to look for new games that organize Airdrops and presales, it means that they haven't launched yet. It is a big risk, so everything we can rely on is community, social media and web-site. Investigate everything carefully before investing! On the other hand, if you prefer something less risky and don’t want to lose money, you can try to play popular games.
Don;t miss-out. it is good to stay informed. if you miss the NFT and Defi of last year. don't miss this year's ride. we saw what Defi and NFT tokens did last year. some tokens did over 500 to 1000% within several periods LAST year, I strongly have a feeling that NFT GAMES will move the market again just like Defi last year. currently, AXIS is leading the chase. be on the lookout and Remember.DO YOUR RESEARCH
NFT game will be the next trend to help capital flow into the market and help the market increase again. The COVID-19 pandemic has made many people interested in making money online (MMO) and this is the opportunity.
With NFT games, we both play games and earn money. I'm pretty sure NFT games will attract a lot of gamers from traditional games. We will soon see a continuation of the bull market
AXIE games is spreading so fast even my non cryptocurrency friends are know about it. I think this is the most proper and good games to play compared to other NFT / Crtypto games, that's why it's quite popular among the gamers and crypto investors. This is the good movement of cryptocurreny marketing through game and i'm sure there will be more good NFT games
I feel the same, the current state of NFT is just on its beginning phase, there are actually many NFT game's that are currently under the radar and could become huge anytime. Maybe in the future the market will be dominates by NFT games as well since we know how the growth of mobile game and pc game this few recent years alone, maybe in the future mobile game with integrated NFT will become a new huge thing and probably what makes the market capital of crypto grow even larger.
Yes, this is one of the many reasons why NFT games now are bullish, it started with Axie Infinity which is an NFT game.
I am also afraid for people who are entering this new trend without the knowledge or knowing the risk, they should be aware of the risk too so in the future, they will not blame other people if something will go wrong.
This trend I see very clearly, I believe that the game field will be combined with blockchain a lot in the near future. Perhaps we should also learn more about the knowledge and tools for this market trend.
Don;t miss-out. it is good to stay informed. if you miss the NFT and Defi of last year. don't miss this year's ride.
It seems like that this year DEFI an NFT will be still dominating the market. More and more NFT have utility to be used as play to earn game even there was a new mmorpg based on NFT already entered the beta test. People who didn't enter in the arena last year can still enter in the market right now.
As you said that the prediction about bitcoin to go to the bottom is just a wrong TA. It was doing opposite trend
Looking at what's going on with the current situation, what the OP is saying makes a lot of sense. I believe that the current market will have another stronger rally until the end of 2021, the trend is becoming more and more obvious, perhaps the next trend that new projects will focus on building and development is about GAME, yes we will soon see more GAME development projects incorporating blockchain will appear more in the near future.
Emank is right that defi tokens will move in the future but the value in my opinion is that there is a development of rivals with new coins that don't have to be like NFT games, even recently there has been something new from the AEXI Games even easier how to play, but it all depends on us who are hobbyists and the experience is easy for us to live or develop or work on, but it all depends on our individual beliefs
Don;t miss-out. it is good to stay informed. if you miss the NFT and Defi of last year. don't miss this year's ride. we saw what Defi and NFT tokens did last year. some tokens did over 500 to 1000% within several periods LAST year, I strongly have a feeling that NFT GAMES will move the market again just like Defi last year. currently, AXIS is leading the chase. be on the lookout and Remember.DO YOUR RESEARCH
Honestly the crypto sphere isn't looking good for a huge boom like early 2021 that we saw. Haven't really seen any reason to expect there is going to be another rush like that. Why do.you think AXIS might lead that next charge. Is this a shill or do.you really have a good reason to think this?
My friend just told me that his last Signature campaign got x15 from its inital price offering. Its a great thing and when i see the stats, the volume is huge as a newcomers project.
Take a look at Birb, https://www.coingecko.com/id/koin_koin/birb . I have seen the website and its look promising enough, its make me believe DeFi trends still have a hype.
Take a look at Birb, https://www.coingecko.com/id/koin_koin/birb . I have seen the website and its look promising enough, its make me believe DeFi trends still have a hype.
I agree with your observation mate, and that's true Axie is very popular now even in Southeast Asia and particularly in my country also. But we should always do research and familiarized how NFT's will work so that we won't make things more complicated, the NFT's are good and promising but if you dont have not enough knowledge regarding the "NFT dynamics" then you should consider educating yourself first before investing.
Because of this popularization of the NFT games, there are too many similarities to these NFT games that have been pop up like Defipet that now like Axie. But OP was right, we need to have our own research upon putting investment, sometimes they are in the hype that makes the price becomes expensive. It can gain massive adoption since most investors are online gamers and also play-to-earn games are very interesting.If you missed out on the NFT games like Axie Infinity, you can try to have your own research on other games like Mydefipet maybe that's worth enough in the future, but we should be careful in putting investment.
If you mean Axie Infinity, i totally missed out that one. I was too focused in Gods Unchained and that gave me tunnel vision that blocked other NFT projects. Still i don't regret that one, it has made me my money back numerous times now and i got some sweet airdrops by trading it. There has been some problems with it in the past but i actually am quite positive about the future.
On the contrary, I was one of those who got on the Axie Infinity craze before it exploded, so it's a huge profit for me. But as far as NFTs, I'm not into it though. On how I got on Axie infinity, well It's by chance actually, read it on some websites, investigate it myself, I even open a thread in our local last Nov 2020. Maybe I just got lucky or something.
But yeah, definitely we need to DYOR + some luck on your side before you can make some money out of the current hype.
With the presence of defi and NFT, the impact on investment growth in crypto is indeed very large, but digital developments will continue and currently there may be several very different projects and it is also possible to become a new bridge system and AXIS may be one of the platforms which will develop rapidly in the future in the world of gaming in crypto.
No hype in this space in a bull market can be trusted for long term existence. Defi's fundamental is good with enough financial market features and sustainable but not all will survive this cycle to the next. NFT looks more like ICOs to me, the hype will be so huge and great will be the fall of it. What of the meme coins? with such a great pump, in such a money market make your calculated risk and leave the ship early before it capsize.
Everybody should be careful on this situation if that hype erradicates a positive outcome, but take your best actions towards taking your profit quickly. Don't easily fall with their promises of price that's it would go to the moon. There's no assurance for altcoins to initiate a great pump same as Bitcoin did in history.
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