Hello everyone, today we will delve deeper into the topic of what is better to invest in BTC vs NFT.
Bitcoin is the main cryptocurrency in the world. Since Bitcoin is limited accordingly and its value will only increase, the same can be said about the NFT.
While bitcoin falls, NFT rise. There is a very big plus of NTF in the crypto space, they are not tied to bitcoin. Almost all cryptocurrency copies bitcoin, and if bitcoin is down, then the whole cryptocurrency too, which cannot be said about the NTF.
NFTs, especially collections like Axie Infinity and CryptoPunks, rely on a completely different factor of interest from users. Bitcoin can be seen as a more traditional type of investment, more like investing in stocks, for example. On the other hand, NFTs have a significantly higher added value.
NFT marketplaces are experiencing significant traffic growth as new collections drop and interest in existing ones continues unabated. In addition, celebrity endorsements and collection launches are bringing NFTs into the mainstream. One recent example of how the new NFT collections are driving market activity is Cool Cats. After Mike Tyson posted Cool Cats NFT as his Twitter profile page, the collection grew dramatically. It even made it to the top five best-selling collections in the last week.
Such events will undoubtedly increase the activity on the trading floors.
Not only that, the fast-paced world of NFT is attracting the attention of collectors.
As with Bitcoin, NFTs are an excellent source of FOMO (Fear of missing out) in the crypto space.
This is why the activity on the NFT marketplaces continues to grow.
in my opinion, it is necessary to diversify assets. I am sure that with the purchase of a pair of NFT you will not lose money, but it can bring a good profit.
Thank you for your attention!!!
Peace in your home.
Niki