Need opinions whether I should transition over to the #NFT space?
#1. Normal #CT saturated with: memecoins (some literally called rug/scam coin) getting ridiculous. Roughly 50-100 new projects everyday, who can keep up?! More coins r pure gambling/no sum game (majority)…
#2 The #NFT space is not as toxic I guess? And less saturated. More engaged and active members in this community too. People are so nice here compared to the cult-like followings of certain coins.
#3. More opportunities? I see (2017) #Cryptopunks as the (2009) #BTC of #NFTS and we are so early with crypto, even more so with NFTs!!! Anyone else agree? The recent auction of a punk by @Sothebys for 11.8M cemented the fact that #NFTS are here to stay.
#4. Not hating on normal cryptocurrency and tokens (I still am 50% into altcoins 💀🪦 ) but I just see the #NFT space growing at a more accelerated rate than normal #CT which may have topped for the current cycle? (Don’t believe so btw). I’m that case, money in coins will come…
#5. The end of my small ramble. Please let me know what you guys think! If you liked any of these threads give me a retweet and follow! Thanks.
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The following is an analysis of indicators that present facts that the bull market is still going from charts and data. I worked very hard on this for you guys, take some time to go through it. If you enjoyed this, please like and retweet to spread the message! Follow for more ty
1. The Golden 51%-49% Ratio shows a pullback. If the indicator's correct then my thesis that we're still in the bull market stands until the start of Oct. This indicator will be invalid if the thesis is wrong. This indicator has not failed. Yet. Indicators work until they don't.
2. Bitcoin search has not topped 2017 yet. My conclusion is that covid lockdowns have now made it hard for people to communicate (those not in the loop online and only watching Netflix, naruto, gaming, working at home etc) Normal gossip will take the frenzy up a notch for normies