NFTs :
The word NFTs stands for (Non-fungible token). Basically it is a unique digital identifiers that are recorded on the blockchain and it is used for certify and authenticity.
There are some questions there :
How does the NFTs makes money:
When ever the NFTs is purchased , the NFTs creator received the portion of the sale price on any subsequent sale on NFTs.Which basically act as the royalty in perpetuity which basically advantage the user or NFTs buyer.
IS NFTs IS A BITCOIN :
Digital currency implementing the same basic science that is used to produce virtual currencies like Cryptocurrency and Btc.NFTs used digital scarcity in different way then cryptocurrencies. Eventually that both are different because NFTs (Non-fungible token) and cryptocurrencies are (fungible token).
IS IT GOOD TO INVEST IN NFTs :
Basically it is the block-chain representation of the asset . A distinct line of control can be established with NFT investment, but there continues to be a chance of criminal activity, money laundering, as well as forgeries.
PROS CONS OF NFTs:
The advantages and disadvantages of Investment in NFTs
- Advantages Licensed for Everyone
- Easy electronic techniques for proving & confirming that someone owns any kind of property
- reduces property dispute conflicts
- Possess parts of a portfolio that could have been compartmented alternatively
Cons (Disadvantages)
- vulnerable to influence of the market
- Possibility of laundering currencies, con games, and scam
- Self-sufficient privacy compromises
- doesn’t stop disagreements, stealing, and violations
more research on the basic asset’s investments
As you know that there are about core of Bitcoins in the crypto and some of new Bitcoins are comming.But the new BTC are not secure to invest (Buy) with out any experience or knowledge.
ITS SAFE TO INVEST ?
As we know that no one can tell you that what is going to be next in the crypto.As we know that it is a stable network which is Created by the anonymous group named as Satoshi Nakamoto. So , I will suggest you don’t invest in new coins it is risky to invest because i told you before it is a unpredictable system and there are highly chance to the certain value decrease.
| New coins | Price | 24h volume |
|---|---|---|
| 1 Ares ARES | $ 0.0₄0194 | $ 35,846 |
| 2 Project Athena ATHENA | $ 0.000231 | $ 103,407 |
| 3 Ape APE | $ 0.000125 | $ 7,452 |
| 4 First Animal on Mars GECKO | $ 0.0000351 | $ 100,434 |
NOTE: ( The rate of ever BTC change in every day or sometimes in hours)
IT IS SAFE TO INVEST IN HIGHER IN BITCOIN(BTC)CRYPTO:
No it is not safe to invest in the high ratio Bitcoin because the many people are also paying for that coin high ratio and they took the price of certain coin high.When the price meet or reach to their certain amount/level they refund their money or took back their money at the end your money flop for coins rate fall down and your money got stuck.You should wait for the time until the price of that coin meet to your buying price and know body knows how many time it will take for that price.
THE SAFE TIME TO INVEST MONEY IN BTC:
As we know that the process of crypto is that ” BUY LOW SALE HIGH”. As we also know that the rate of ever BTC change in every day or sometimes in hours.So you should decide the right time when the price of coin come even lower than usual.
Then you should have to buy this coin and sell it when the price of the coin began to high don’t be greedy because nobody knows that when the price bagan high or low .It will take long interval of time to reach there.