What's the $500 for? NFT or Coin! | Bitcointalksearch.org

peter0425

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Quote from: Dinda mayasi on October 03, 2021, 06:39:09 PM

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

if it is going to be answered the time of posting? indeed that it is NFT to choose because before the year 2021 end there are lots of NFT project that Boomed, but answering it now seems low on value because there are few NFT than making its way up and still burden to their supporters.

COIN is still the safest since you have a good amount to spend on, 500 dollars is a good amount for starters .

irhact

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Quote from: JahriMeayer on October 27, 2022, 06:30:54 PM

I'll never recommend anyone to go for NFT. Agree that some rarely NFT could make you profitable but most of them sounds bullshit and scam to me cause I'm don't trust those things and not going to invest on any funny useless valueless art. Even the nft hype are about to over. Rather buy some potential coins that have real usage. That would perfect choice for you rather than owning NFTs.

NFT are yet to reach their full potential, I believe NFT are more than just pictures as in future, they can be used for very important things like shopping or getting yourself some coffee or dinner. For now they're just pictures and this phase will pass then the main utility of NFT will be brought to the limelight but for the maintime, avoid wasting your money on those animal pictures as soon nobody will want to have those and they become worthless in your wallet.
We have see stories of how millions has been lost due to people believing in those dumb NFT that sells for millions of dollars. And most times the NFT aren't even beautiful to begin with.

indo1

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investing in NFT coins for collections I think NFTs for now are less useful even if used for investments are usually not durable. Fixed coins are the best when it comes to investing, NFTs if you want to be short-term may be a great option but some NFTs sometimes just become nonsense, therefore be careful about buying NFTs.

JahriMeayer

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I'll never recommend anyone to go for NFT. Agree that some rarely NFT could make you profitable but most of them sounds bullshit and scam to me cause I'm don't trust those things and not going to invest on any funny useless valueless art. Even the nft hype are about to over. Rather buy some potential coins that have real usage. That would perfect choice for you rather than owning NFTs.

bitpotter

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Quote from: irhact on October 22, 2022, 08:39:31 AM

Quote from: bitpotter on October 22, 2022, 04:16:21 AM

If I had $500 of course I would prefer to invest in coins rather than buying NFT. We all know that the NFT market is not like last year, now it is getting quiet and the volume of transactions on the platform is very low. So invest the money in coins that have more value and credibility like bitcoin and ethereum, it will be safe as long as you don't lose your private key.

That $500 is too small to give you better profits in those coins you choose. I'm not saying that they're bad investment but if you what to utilized that money well then you should buy coins like BNB or Apecoin. This coins has very huge potential to pump come when the bull market starts, the coins are less costly to buy and have huge community backing. Apecoin is associated with the biggest names in the NFT sectors and BNB is association with the biggest exchange and they'll continue holding that position for many years.
Buying Bitcoin could only double or triple your money considering Bitcoin is trading around $19k at the moment but the other coins could 10x your money in the same period of time.

That's pretty good your opinion, but there are a few things to be aware of from now on that the market isn't going to move higher or return to a bull market anytime soon. Of course hoping that it can go up 10x it seems very impossible, even if bitcoin drops just 1% then other coins will fall 5% to 8% per day. So it's better to reduce the problem than to look for risks.

yohananaomi

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Quote from: Mario Yamasaki on October 22, 2022, 04:57:08 AM

In my opinion, Invest Coins are more profitable than NFT, in 2022 NFT Drops performance due to market conditions also drops, and it seems that NFT trends are decreasing so that investment coins such as cardano, polkadot and so on are more promising.

2022 seems like a very bad year, putting it anywhere will be the same because the market situation is not good. but if you are asked to choose clearly just like you, my friend, I agree that it is better to put it on a coin, look for a potential coin that is ranked the best on CMC only. very wise not to put on NFT which will not necessarily be able to survive in the future, because there is still a long way to go for improvement.
because the funds are also not large, it is better to look for good coins and if possible the price is not more than $ 1, so that you can get more of them.

irhact

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Quote from: bitpotter on October 22, 2022, 04:16:21 AM

If I had $500 of course I would prefer to invest in coins rather than buying NFT. We all know that the NFT market is not like last year, now it is getting quiet and the volume of transactions on the platform is very low. So invest the money in coins that have more value and credibility like bitcoin and ethereum, it will be safe as long as you don't lose your private key.

That $500 is too small to give you better profits in those coins you choose. I'm not saying that they're bad investment but if you what to utilized that money well then you should buy coins like BNB or Apecoin. This coins has very huge potential to pump come when the bull market starts, the coins are less costly to buy and have huge community backing. Apecoin is associated with the biggest names in the NFT sectors and BNB is association with the biggest exchange and they'll continue holding that position for many years.
Buying Bitcoin could only double or triple your money considering Bitcoin is trading around $19k at the moment but the other coins could 10x your money in the same period of time.

Wong Gendheng

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Quote from: bitpotter on October 22, 2022, 04:16:21 AM

If I had $500 of course I would prefer to invest in coins rather than buying NFT. We all know that the NFT market is not like last year, now it is getting quiet and the volume of transactions on the platform is very low. So invest the money in coins that have more value and credibility like bitcoin and ethereum, it will be safe as long as you don't lose your private key.

In 2022 NFT drops are deeper than coins, I also lose a lot from some of the NFTs that I save, and I think investing in top coins like BNB, Solana or others is more promising and profitable.

Mario Yamasaki

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In my opinion, Invest Coins are more profitable than NFT, in 2022 NFT Drops performance due to market conditions also drops, and it seems that NFT trends are decreasing so that investment coins such as cardano, polkadot and so on are more promising.

bitpotter

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If I had $500 of course I would prefer to invest in coins rather than buying NFT. We all know that the NFT market is not like last year, now it is getting quiet and the volume of transactions on the platform is very low. So invest the money in coins that have more value and credibility like bitcoin and ethereum, it will be safe as long as you don't lose your private key.

milewilda

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Quote from: Dinda mayasi on October 03, 2021, 06:39:09 PM

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

Coin all the way! Never ever make yourself get hyped with NFT and if you do look around and try out to compare then its already clear on what happen on NFT market after a year you had posted this one.
If you had just invested on a coin then you might have already gained up some profits but of course it would really be depending on what coin/project you had invested into.
You might be experiencing some negatives but at least there's still always a chance for you to breakeven or make profits later on.Unlike, when you are holding some
shitty jpeg images or pixelated which are totally that dumb for someone to consider that it is really good for holding.lol

bitcampaign

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Quote from: Dinda mayasi on October 03, 2021, 06:39:09 PM

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

The NFT market seems to be empty of enthusiasts, my advice should be to invest in the top altcoins where that investment can provide a return of profits for you in the next few years, just look at the current and very cheap altcoin prices, it's time to buy it, you can get a profit next year if you buy it now, good luck

SirLancelot

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Quote from: ningrum on October 17, 2022, 03:29:07 AM

Quote from: ?? on ??

I think the NFT trend is getting down and coins are certainly more promising and safe, especially if we focus on the long term then buying NFT is very risky because the opportunity to fall even bigger than we invest in Coins.

It seems that is the case and it is not impossible that the NFT trend will continue to decline,
I'm not too sure investing in NFT will be promising,
most importantly keep doing research before investing and as much as possible to minimize risk

The trend or the hype are the ones that will only go down but some of the useful NFT's are going to remain just like those ico, ieo, and defi based projects.

If you believe that you invest in one the best nft's with great use cases then there is a hope that you can earn great returns on them but if you are not sure of the nft's that you pick then no problem, you can just dispose them as early as possible or as long as you already recovered the capital that you have use on them and you better stick on cryptocurrencies since they are the first to be introduced in the space and many of us are now already familiar and confident with them.

RussiaUkraineTranslation

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Quote from: Dinda mayasi on October 03, 2021, 06:39:09 PM

I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

NFTs are illiquid now because that trend has died down for now. Instead I suggest investing in coins or tokens, especially newly launched projects like MAXX finance and Lamina1. DYOR

ningrum

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Quote from: ?? on ??

I think the NFT trend is getting down and coins are certainly more promising and safe, especially if we focus on the long term then buying NFT is very risky because the opportunity to fall even bigger than we invest in Coins.

It seems that is the case and it is not impossible that the NFT trend will continue to decline,
I'm not too sure investing in NFT will be promising,
most importantly keep doing research before investing and as much as possible to minimize risk

kapalmabur

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Quote from: sulendra12 on October 14, 2022, 01:01:01 PM

Quote from: judaspriest on October 14, 2022, 03:08:29 AM

but if you want to find NFT just buy NFT from play to earn project because of NFT they have utilities that can indeed be used for game characters,
so choose carefully and don't get confused about what to buy.

But most of the P2E games are falling off because lack of interest or just simply the devs are changing the mechanic so it makes "game breaker" on certain aspect of that game. Personally I'd just say to stay away from NFT for now, it's just not worth the hassle to gain profit there.

It's true that the time we spend is not commensurate with the profits we get,
such a thing would certainly only waste our precious time,
it's better to use the time for promising investments such as investing in top coins

sulendra12

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Quote from: judaspriest on October 14, 2022, 03:08:29 AM

but if you want to find NFT just buy NFT from play to earn project because of NFT they have utilities that can indeed be used for game characters,
so choose carefully and don't get confused about what to buy.

But most of the P2E games are falling off because lack of interest or just simply the devs are changing the mechanic so it makes "game breaker" on certain aspect of that game. Personally I'd just say to stay away from NFT for now, it's just not worth the hassle to gain profit there.

judaspriest

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many of the NFTs have no utility which is why the price of NFT is currently experiencing a deep decline,
and even going to zero, then it's better to buy coins than NFT,
but if you want to find NFT just buy NFT from play to earn project because of NFT they have utilities that can indeed be used for game characters,
so choose carefully and don't get confused about what to buy.

Dollar_Hunter

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Quote from: Nazmul012 on October 12, 2022, 03:28:04 PM

NFT was just a hype after defi. Whales invest on NFT and buying NFTs with high rate so that to create hype, nothing else. Useless NFTs sold for millions of dollar which is unbelievable. I also bought some NFT, those are useless nowadays. So you sould use your fund wisely and should invest on good coins. At least you can sell your coins anything with some price!

right now buying an NFT is bullshit and would be trash,
because there have been many cases of NFT being bought for hundreds of thousands of dollars and now it's so cheap it's not even worth it,
of course $500 is better to buy coins than NFT.

posi

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Quote from: Vaskiy on October 09, 2022, 04:51:23 PM

Altcoins will be the choice of mine, $500 is quite good for investment. With the bearish market, it can get a good volume of low cap altcoins. When the market gets moved to bullish trend the growth will be experienced over each and every coin. Keeping the upcoming bull market in mind we need to invest. Surely it'll bring good return, and while selecting the altcoins it is good to go with cryptocurrencies available within the top 200 on coinmarketcap.

Well, investing in low cap altcoins is as risky as NFT right now, we are in a bear market where small projects can collapse at any moment. For $500, I think we can also invest in top potential coins, their prices are already heavily discounted. It is true that the profit cannot reach 10x or 100x but we will also have a good and safe profit.

If you are willing to take the risk then you can choose low cap coins or memecoins but remember your $500 can make you $5000 or $50k but it can also cost you everything.

Topic: What's the $500 for? NFT or Coin! (Read 5477 times)