Post
Topic
Board Altcoin Discussion
Re: The Future of NFT
by
klidex
on 23/01/2023, 09:32:50 UTC
Other than bitcoin and ethereum, there are no long-term investment-worthy projects in the market. Have you tried looking at the entire market, including bitcoin and top altcoins? Are there any projects that didn't plummet? We are in crypto winter, don't ask NFT project to increase the price. NFT will survive or not, we should wait for the next bull season, we'll see, I can't say if you're right or I'm right at this point.
As I said, as long as it can be used for the hype, it will always survive on the market.
NFTs are still not recovering and reaching their former glory as it is too soon for this to happen, the recovery of bitcoin has been impressive but still its price is very far away from its previous all time high, but I am sure once the market is immersed in a bull market then NFTs, meme coins and all those projects which do well when traders are willing to speculate in almost every coin will do well, it is just that this is going to take a long period of time to materialize, but make no mistake it will eventually happen.
In fact, I am not sure and believe that NFT can recover and return to its glory despite a bull market and rising bitcoin prices. For Altcoins, maybe everyone can follow the bull market and rising Bitcoin prices, but not with NFTs.
If you still believe and have faith in NFT, that is your choice and everything you will get in the future depends on your steps in the present because I personally am only wasting time and money if I still hope for NFT.
My advice is to choose Altcoin or Bitcoin only for the choice towards success in the future.