What do you think about NFT? - page 2.

Bitcoinjheta

full member

Activity: 798

Merit: 104

Quote from: Ararbermas on April 27, 2021, 11:05:23 PM

Quote from: laredo7mm on April 20, 2021, 11:01:02 AM

I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it: https://coinmarketcap.com/currencies/polkamon/

This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.

this NFT seems not worthy to hold after all. Because its gradually losing value and if you see the movement itself in the graph through the link you provided above "CMC" , its been weeks and there's no a great progress.? . For me at this point its really unpredictable if still had a chace to change direction as it keeps bleeding since the uptrend..

Well, in my own view with this NFT Polkamon coin there is a big potentials in a long run. Though they are sleeping coin but vulnerable in time because of some coins in trading might be matched.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: laredo7mm on April 20, 2021, 11:01:02 AM

I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it: https://coinmarketcap.com/currencies/polkamon/

This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.

this NFT seems not worthy to hold after all. Because its gradually losing value and if you see the movement itself in the graph through the link you provided above "CMC" , its been weeks and there's no a great progress.? . For me at this point its really unpredictable if still had a chace to change direction as it keeps bleeding since the uptrend..

Taufik blackspade team

full member

Activity: 431

Merit: 100

I don't really understand what the purpose of the NFT is other than to collect it, it is very strange to me that some simple GIFs are worth a lot of money unless they are made by someone who has a big influence or someone who is already famous.

motun01

member

Activity: 431

Merit: 18

I am still quite divisive about cryptocurrencies that are in the NFT category, there have been a lot of different potential use cases that people suggest that they have but the only use case i have seen to be possible is to use NFT cryptocurrencies as a means of gamers getting paid for gaming.
Besides that, i think everything else need to be seen in practical and not just theoretical possibilities

ilovealtcoins

sr. member

Activity: 1246

Merit: 263

SmartFi - EARN, LEND & TRADE

NFT is new to the market when it comes to encoding a wide variety of video and audio documents. The uniqueness of the NFT makes everyone interested.
Many projects grew stronger when the NFT trend happened. The NFT is being over FOMO and it will soon adjust the value.
Even google trends have shown a decline in the number of searches. The beneficiaries of NFT projects will soon take profits so be alert when investing.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

You can expect a bubble in NFT.
I'm expecting these new sets of the project will hit the market but as usual, it comes shortly and slowed down until another new project will replace. It is just like how the ICO/EIO does.

I was looking forward to seeing this it helps to promote crypto adoption and it helps to build trust from the community. But I'm in the question of how it affects the current market trend or if this could sustain the bullish season?

bussybuddy

full member

Activity: 1204

Merit: 105

PredX - AI-Powered Prediction Market

Quote from: laredo7mm on April 20, 2021, 11:01:02 AM

I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it: https://coinmarketcap.com/currencies/polkamon/

This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.

For me now only seeing the hype from the NFT, I have not seen a project successfully exploiting the field. All the NFT projects up to now are almost crazy pumped, I have not seen its use bring much value. However, like defi in the past, I think that all projects related to this sector will have better growth than at present.

lablab03

full member

Activity: 1064

Merit: 112

Quote from: Kelvinid on April 21, 2021, 06:53:05 PM

No conclusion yet but I was expecting this to rally as well in their early days and just like what happens to ICO, IEO, and Defi, it burst like a bubble.

So if we have a plan investing these projects, don't think about long-term investment because that not worthy enough to trust. In short, we have to choose the best project rather than having this NFT where it is not yet proven profitable if we are going to have a big chance to gain profit.

true its not yet proven and we should bear it in our mind, for me( if its possible to don't stick with it ill do it.) since still unknown how legitimate NFT is, unlike trusted projects out there in crypto space which is very reliable and trustworthy, a good choice for safety as well. .. As the matter of fact mostly such things that emerge here in crypto always turn into scam after all.. So probably short term for it will be a good decision . But long term? Idk if its safe anymore in such new project..

Sindicatout

full member

Activity: 504

Merit: 104

NFT is some kind of frantic new hype, on which you can make a huge amount of money. Many of my acquaintances look at all this and say that the world has gone crazy. Meanwhile, other smart people make money and secure a good future for themselves.

pangu

hero member

Activity: 2954

Merit: 641

CoinMetro

great video on the future of NFTs: "NFT Project Showcase w/ Alegria/Gian & Animoca Brands":
https://www.youtube.com/watch?v=eVp4ixt9X78

interesting part starts @ min 15

MishaSER

full member

Activity: 1050

Merit: 103

BIB Exchange

In my opinion, the NFT market has not yet formed, at the moment it is speculation. I don't know people who want to buy NFT because they like this picture.

Luffygroove

member

Activity: 966

Merit: 25

Ton Together | Save Smart & Win Big

As far as I know, NFTs has a unique market audience. Not all people are willing to spending their money on some digital art or stuff like that. The sellers usually held an auction for those items and it's kinda different from any crypto market before. However, this field is still developing and will make further progress in the future. So, as long as you did your research, those NFTs not only digital art, but also have utilities on the platform or games, I think you should hold it a little bit longer.

Argoo

sr. member

Activity: 2464

Merit: 252

Quote from: Gorosden on April 20, 2021, 11:41:29 AM

Believe it or not, every NFT that is build for in game transaction will bring huge ROI for early adopters than NFT that's focusing on arts only, what I feel here is that there will be more demand for in game NFT than ART NFT projects, this is a dream come true for hardcore gamers in the world

This seems to be the case. Game tokens NFT have a prospect for growth, since they compare favorably with ordinary ones, but those that identify objects of art, I'm not sure. I still can't figure out their functionality. It seems to me that these very peculiar tokens will have limited demand from fans of this particular piece of art. Therefore, I think that this is another hype with DeFi, which will subside after a while.

leen12

newbie

Activity: 9

Merit: 0

As an investor, you have to make money, so you have to find a new meta. Uniswap is becoming a very hot topic right now.
Do you remember the rise of Dogecoin a while ago?
As a result, Uniswap's Dogecoin-like coins are gradually rising.
The coin called Akita rose by 5000 times in just 5 days.
However, Akita has already climbed.
Pretend to be deceived and listen.
The coin name is fdoge.
Flying governor.
The number of holders is less than 200.
It is a coin developed by good developers.
Coins of the NFT, DEFI, and GAME types, and are being developed by developers.
It is never a scam.
The next meta is fdoge.

CONTRACT ADDRESS: 0xe3798a240bf06610ff756850c1a1489c803c7314

BitKongy

member

Activity: 405

Merit: 19

Just take advantage of everything, in future NFT might fail or succeed but who cares? Presently there is good hypes surrounding NFT so invest in short term and take profits, there is nothing far better than this

YOSHIE

legendary

Activity: 2128

Merit: 1775

I see from the existing experience: the crypto project is successful because it is caused by a team working on promoting the coins they want to trade on the crypto market.

This can also happen to NFT, where I see NFT has positive responses from many people and also if you look at the NFT capacity only circulating around 36,863,404 NFT, meaning that coins like this are also a glimpse of many investors, especially from very little supply.
If you look at the development of the NFT market, there are only 3 crypto trading sites at the moment, in terms of the market they list this can also affect the NFT in the market and investors, the more they include NFTs in the trading market, the better the development will be in the future.

Here it is clear, the team has not shown good performance for NFTs in the crypto market the more NFTs enter the trading exchange the better for the future.

Blitzboy

hero member

Activity: 1344

Merit: 565

Leading Crypto Sports Betting & Casino Platform

What is your buying price? I wish that you did not buy polkamon at $60. If you are scared of losing money, you can sell your half of your coins so as to save your balance. The remaining you can hold and wait for it to increase back to your entry price. But you need to notice that Polkamon has increased more than 50 times since it was first published for IDO.

naikturun

sr. member

Activity: 1190

Merit: 267

Undeads.com - P2E Runner Game

maybe nft will be a big thing in the future considering nft is already very busy trading, so the value of nft can go up / down just like other crypto coins.
because the value increases based on demand / supply in the sense that a few nfts only have a few types that make them expensive, these items are usually called rare items. Grin

OcTradism

hero member

Activity: 1722

Merit: 801

After people saw the crazy rise of Dogecoin, they naively believed that all cryptocurrencies on the market will be set up on the Moon boosters. Old and new altcoins will be on their own boosters and will take off to the Moon.

A simple question. Will everything go to the Moon in such an easy way?

My question is they won't. Life is never easy for us like that. NFT tokens are on hype and people who get hyped will accept expensive and unbelievable crazy high price of those tokens.

Those NFT tokens won't survive on the market after more than 2 years. Let's mark my words and check it after 2 more years.

danherbias07

legendary

Activity: 3346

Merit: 1134

Leading Crypto Sports Betting & Casino Platform

Someone dumped it real hard. From $61 to $20 and the volume got really low.
When did you buy it?
If you are in the range of $20-30 bought price then I think you are still safe. There's a huge chance you could still get ROI or a little bit of profit.
I am just basing on charts though as I don't know the project itself and all its features. You just better get out if you see a chance that won't hurt your investment because of its bad history of being manipulated.

Topic: What do you think about NFT? - page 2. (Read 500 times)