What's the $500 for? NFT or Coin! - page 2.

globalpain

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Quote from: ?? on ??

In my opinion, investment coins are better than NFT, although it looks promising, but now NFT is also difficult to develop quickly, investments on coins that have great potential to skyrocket in the short term are the best options, please buy TRX, FTM, Cake, or others.

Of course coin will be better than NFT, look at the hype of NFT now, things are really bad. NFT isn't really dead yet, but it hasn't experienced significant growth yet, and previous NFT projects are dying as well. If you want to invest in NFT, wait until next bull season and focus on top coins right now.

For now I don't see NFT as the right investment and I think we need to consider it before investing in NFT,
especially with bearish market conditions of course we need to make decisions by considering the risks,
as much as possible to minimize the risk

Nazmul012

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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!

Vaskiy

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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.

globalpain

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$500 of course must buy NFT altcoins and my recommendation is OGN, because OGN is one of the best NFT coins in my opinion,
and the price is also currently still very cheap and may reach 10x in the next bullish season.
You can buy OGN on Binance and hold until at least the altcoin season in 2024 or 2025.

ivan3man

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Honestly I don't even know what to expect in the future, if now there is already a project, WeSleep, which pays just for a good night’s sleep. This project is definitely something out of our time.

Pujangga

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Quote from: Kirbyzki on September 12, 2022, 07:24:19 AM

Metaverse sounds solid, and that's another plus in the DREEM’s piggy bank. Creating your own community in a custom virtual space is not like setting up a server in minecraft.

Yes right, metaverse is currently a trend and will soon explode, investing in metaverse will make us millionaires, but I recommend always being selective in choosing new projects because it has been widely used for scams.

meser#

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Quote from: bakasabo on October 04, 2022, 04:23:46 AM

Quote from: meser# on October 02, 2022, 06:42:48 PM

It depends on how much time you will keep it

But in first thought i will be say coin. If I'm thinking to hodl it more than couple years it might be NFT. But the price must be affordable for me. If its not then it will be coin. I said that because coins is more valuable than NFTs most of the time. I wont choose NFT so easily

NFT are hype kind of things. The longer you hold, the more its value drops. Few more years and trend on NFT will be over and pixels that worth now millions will worth only thousands. Besides, the trend and demand on most of NFT has already been formed. What are most expensive and popular NFTs ? Monkeys for example? Then it is impossible that someone creates NFT and its value suddenly goes up. But with altcoin, such scenario is possible. A person just needs to find that gem in a pile of crap.

As well as this possible, opposite one might happen mate but the we are sharing same opinion. Nft is now like a risky gamble. Because the hype is almost finished with the bear season. Its small chance to have valuable nft which have a rising potential in the future. On the other hand possibilities for altcoins more than nfts so it wont be easy to dig that pile of crap but at least you can say at the end it was worth it 👍

bakasabo

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Quote from: meser# on October 02, 2022, 06:42:48 PM

It depends on how much time you will keep it

But in first thought i will be say coin. If I'm thinking to hodl it more than couple years it might be NFT. But the price must be affordable for me. If its not then it will be coin. I said that because coins is more valuable than NFTs most of the time. I wont choose NFT so easily

NFT are hype kind of things. The longer you hold, the more its value drops. Few more years and trend on NFT will be over and pixels that worth now millions will worth only thousands. Besides, the trend and demand on most of NFT has already been formed. What are most expensive and popular NFTs ? Monkeys for example? Then it is impossible that someone creates NFT and its value suddenly goes up. But with altcoin, such scenario is possible. A person just needs to find that gem in a pile of crap.

MainIbem

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So far what have been your result from holding NFTs instead such amount is good enough to buy some reputable currencies such as Bitcoin, ETH, BNB and any other top 10 to 20 crypto currencies out there.
I don't actually consider NFTs as an investment and i don't buy them either.

meser#

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It depends on how much time you will keep it

But in first thought i will be say coin. If I'm thinking to hodl it more than couple years it might be NFT. But the price must be affordable for me. If its not then it will be coin. I said that because coins is more valuable than NFTs most of the time. I wont choose NFT so easily

Pierre 2

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NFT buying is more like investing into some very non liquid art. Coin buying is far different because most of (bigger cap legit) alternative coins are very liquid. Especially ones in Binance. You can convert them to fiat money with a touch of finger and smartphone in seconds. This is why I never really invested in NFTs. Only times I bought NFTs was for to play Blockchain games like Radio Caca for example.

lienfaye

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Quote from: Dinda mayasi on October 03, 2021, 07:39:09 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.

I will choose to invest in a coin. NFT became popular because of hype and probably good only for short term, while coin can be a good investment even for long term. You just need to be wise in choosing the coins to invest in because not all of existing coins are worthy to hold and buy. Hence the chances to gain will depend on your choices so if you chose to invest in a coin that has potential and real use case then you can expect to have a good result.

newdevices

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if you want it easier then buy coins with the NFTs category because coins are easier to sell, unlike NFTs,
NFTs don't always have buyers, because usually there are lots of NFTs that are really like ordinary pictures and people have to choose them,
that's why NFT coins are better easier and more profitable for investment.

yohananaomi

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NFT investment is now too risky, can see NFT has dropped more than 90% in value, without any more hype. So in my opinion at this moment you should not invest in NFT, choose for yourself a top coin to invest in it can be ETH or sol… there are many coins to invest and profitability is much higher than NFT much. I am not saying NFT is dead but if we want to invest we should wait more or maybe next bull season. If they're still hyped, it's not too late to invest

all investments have the same risk, but one has to be wiser to see the situation, where things are not going well right now. So in the past, many NFT investments got places, because there were many who could perform well and were quite promising. because it is still new and is currently not good, there is a point in being able to look for alternatives that will be able to avoid losses that we do not want.
Buying coins at the best rank is certainly very wise at this time and if the situation has recovered, then give it to the other portion.

kesmex

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Quote from: SUPERSAIAN on September 18, 2022, 08:43:03 AM

In the current process, NFTs seem more risky to me. Compared to coins, invest in one of the major coins and wait and see what happens next. If you can, start with $500 and increase your holdings by making small purchases. In this way, you minimize the risks. You will lose 90% on your NFT investment, because many images have already become worthless.

Currently, NFT looks unpopular and different from a few months ago,
So indeed investing in NFT is too risky and not the right decision,
there are many more viable investment options and investing in top coins is one of them

RussianEnglishTranslation

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Quote from: Dinda mayasi on October 03, 2021, 07:39:09 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 you are spending 500 usd on an NFT, make sure it is on a blockchain that actually stores the NFT on it, like NEAR or ICP. If you own an NFT on Ethereum it might cost you a 100 usd just to sell it and you don't even own it on the blockchain like ICP, you only own your Ethereum NFT hash linked to a file stored on IPFS.

Marshrover

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You can pass off red for green as much as you like, but what's the point of all this if you can just look at a project like DREEM Metaverse?

SUPERSAIAN

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In the current process, NFTs seem more risky to me. Compared to coins, invest in one of the major coins and wait and see what happens next. If you can, start with $500 and increase your holdings by making small purchases. In this way, you minimize the risks. You will lose 90% on your NFT investment, because many images have already become worthless.

lepbagong

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Quote from: Kopetunto on August 12, 2022, 02:55:31 PM

if I had $500 of course I would choose to invest in Binance, because in my opinion BNB is still very cheap,
because the ecosystem on Binance is like an ecosystem on Ethereum, even now it is much better than Ethereum,
that's why BNB is my investment priority over buy NFT.

you're right, but it's not that NFT isn't good but at times like this it's clear to look for something that can be relied on and not eroded by the situation. BNB is certainly an option that should be used as a guide because we know that last year BNB had achieved the highest increase and this is not impossible when the bull market period there will be another repetition that can be done by BNB. BNB is still an alternative that many people are looking for as an investment because it is very popular.

Kirbyzki

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Metaverse sounds solid, and that's another plus in the DREEM’s piggy bank. Creating your own community in a custom virtual space is not like setting up a server in minecraft.

Topic: What's the $500 for? NFT or Coin! - page 2. (Read 5401 times)