October was nice for crypto, however NFTs crashed. This is what I am doing..
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With some main catalysts across the nook like Coinbase’s NFT platform and main corporations like Fb altering their complete firm title to “Meta” I’ve to ask, what ought to I be doing with my NFTs and my crypto?
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First let’s recap what occurred in October:
1) We noticed a large drop in NFT market quantity.
$1B to $650M
2) We noticed extra tasks launch than ever earlier than.
3) We surprisingly noticed extra customers come to the house.
125,000 new OS customers vs. 91,000 in September
4) Ethereum hit new all-time highs and crypto is surging.
Out of all of this knowledge, there’s one takeaway it is best to know. When Ethereum pumps, NFTs are likely to dump. It is not 1:1 and its not at all times completely correlated, however it’s protected to say, when worth of ETH goes up, many individuals need to exit their jpeg holdings and hop on what’s sizzling.
Different tasks which have held up are the Sandbox, Decentraland, FLUF World, and Creature World.
There have been additionally some BIG challenge dropped in October that I believe may have long run blue chip potential – these are Kaiju Kings, Jungle Freaks, Neo Toyko, and Doodles.
0:00 NFT Bear Market?
0:52 What occurred to the NFT Market
1:53 The “golden rule” of NFTs
2:55 Mint Costs for NFTs are going up (in USD)
3:43 Why the NFT Market is crashing
4:42 NFT tasks which can be doing nicely
5:47 Greatest NFT Technique for 2021
6:25 NFT Market Catalysts (Meta, Twitter, Reddit)
7:55 Blue Chip NFTs I’m shopping for
8:50 The Doge Pound NFT – Tremendous Bullish
9:54 Cool Cats NFT – Nice ROI Potential
10:47 The BEST NFT Mint for remainder of 2021
That is Matt’s Crypto the place we discuss cash, particularly cryptocurrency! We additionally chat concerning the inventory market, NFTs, the most effective shares, and how you can make investments! Bitcoin, Ethereum, Cardano, Solana, alt cash, crypto foreign money and all issues finance. Just lately I’ve talked a bunch about NFTs on Opensea and the Ethereum blockchain, or Solanart.io and Solana NFTs. If you wish to study how one can put your cash to work incomes passive revenue, or discover the following massive NFT to purchase, or take steps to earn monetary freedom, please contemplate subscribing!
High Cryptocurrency Exchanges (2021)
– Coinbase: Greatest for Rookies
– Coinbase Professional: Greatest for prime quantity merchants & establishments
– Binance.US: Greatest for Low Charges, many transactions
– Kraken: Greatest for Margin/Future Buying and selling
– KuCoin: Greatest for Altcoin buying and selling
– Crypto.com: Greatest for curiosity incomes & crypto rewards
– Robinhood: By no means purchase crypto on Robinhood!
– FTX: Greatest Charges, Nice Platform, Made by merchants!
PLEASE NOTE — I AM NOT A FINANCIAL ADVISOR.
All of my content material, together with my crypto movies, streams, investments, shares, methods, and cryptocurrency information protection, and high NFTs movies are for leisure functions solely. You need to by no means take any of this data as steering for getting or promoting any sort of funding, NFT fairness, or cryptocurrency. Nothing herein shall be construed to be monetary, authorized or tax recommendation. Buying cryptocurrencies, NFTs or shares poses appreciable danger of loss. I can’t be held chargeable for any losses or beneficial properties.
NFTs ARE CRASHING (do that now)
NFTs ARE CRASHING (do that now)
NFTs ARE CRASHING (do that now)
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