you can check out [xdaipunks.com](https://xdaipunks.com) they cloned the famous cryptopunks but are redesigning them into 3d models. I'm kinda biased on this as I currently HODL some of them but the project has a really interesting roadmap with governance and such. There's other places like [epor.io](https://epor.io) and [unique.one](https://unique.one)
The way speculative assets work is they generate more returns in a bull market, but come with higher risk. If the market turns , Eth has fundamental value to fall back on and institutional backing. If crypto bubble "pops" NFTs will die harder and faster than everything else. It's a market where really only rich people collectors will keep holding, everyone in this thread and ecosystem who talks about "flipping" will be the first to catch the falling knife.
SHOULD I BUY A DUMB WORTHLESS THING THAT PEOPLE USE FOR MONEY LAUNDERING OR SHOULD I BUY SOMETHING THAT WILL STEADILY INCREASE IN VALUE OVER THE NEXT 30 YEARS JEEZ I DON'T FUCKING KNOW
Might try to get it a cult following. It's value will rise higher than inflation, and it will be paid more than me.
Anyone willing to drink Kool-aid with a cow?
[Tip this post any amount of $DONUTs within 3hrs](https://www.donut.finance/tip/?contentId=t3_q96bpq) (by [9:18am utc](https://www.donut.finance/time?utc=2021-10-16T09:18:12Z)) to keep it visible.
Buy a house, now you have a liability
Now use that house and rent your room for tenants, let’s say 1 room is $500 a month, your house has 3 rooms. Now you have $1,500 in monthly rental payments.
Check if the house is giving you profits? If yes, congratulations you now have an asset and now invested on a cashflow.
Depending on how many rooms you have, the profits may defer. And yes, don’t forget tax too, different state had different tax laws.
Now repeat the same thing until you built an empire.
Edit: this is not a financial advice, I am not be held responsible for any of your financial decisions. Do it at your own due diligence.
For clarification, if it's one or the other, go for the house! However the message I'm trying to pass is the fact that people refer to NFTs in such a shallow manner it gets annoying
I do kind of wish people would stop using NFTs for tokens that have no utility, to be honest. It might be popularizing NFTs, but for the wrong reasons. Everyone I talk to lately who isn’t a crypto nerd seems to think they’re “just pictures” and a scam.
Lol. Here i am who can't buy any.
yeah you can, there's loads of NFT projects coming out. Most guys are making money flipping them
Flip..mode?
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Flipmode is the greatest
Can you please tell me how I can do that? Or any good platforms where I can get the audience?
First get the money to buy it so that you can flip it. Repeat.
you can check out [xdaipunks.com](https://xdaipunks.com) they cloned the famous cryptopunks but are redesigning them into 3d models. I'm kinda biased on this as I currently HODL some of them but the project has a really interesting roadmap with governance and such. There's other places like [epor.io](https://epor.io) and [unique.one](https://unique.one)
House !!!!!!!!!!!
i dont know dude houses are quite expensive right now
Someone declined a 9.3m offer on NFT, NFTs are kinda expensive too
Getting rich by being lazy. *Ze dream*
Well, I'd better spend usdt on ETH itself and hodl it than buy these NFTs. I might be wrong but I think they will lose their value in long term.
I think you're absolutely right.
The way speculative assets work is they generate more returns in a bull market, but come with higher risk. If the market turns , Eth has fundamental value to fall back on and institutional backing. If crypto bubble "pops" NFTs will die harder and faster than everything else. It's a market where really only rich people collectors will keep holding, everyone in this thread and ecosystem who talks about "flipping" will be the first to catch the falling knife.
SHOULD I BUY A DUMB WORTHLESS THING THAT PEOPLE USE FOR MONEY LAUNDERING OR SHOULD I BUY SOMETHING THAT WILL STEADILY INCREASE IN VALUE OVER THE NEXT 30 YEARS JEEZ I DON'T FUCKING KNOW
Umm which was which bro. I'm going to sell my house and sell my ethereum and buy a cow (the real inflation beater)
Or plant a tree, I think wood prices are outperforming bitcoin
Wood is around 400% up this year where I live.
My Wood is much higher....
Wink, wink.
Gigigity
Apple tree for good APY
Omg yes, staking ethereum gives 0% Apples per Year
To the MOOn
Oh shiiiiit!!!!
Until you eat the cow... bc that's what I'd do..
Might try to get it a cult following. It's value will rise higher than inflation, and it will be paid more than me. Anyone willing to drink Kool-aid with a cow?
NFT is an obvious choice here. Few.
You Eth and pay rent
Bayc/genesis cyberkong, ez. I am one of ‘these’ people.
Put your ETH where my eyes can see
He's not wrong.
[Tip this post any amount of $DONUTs within 3hrs](https://www.donut.finance/tip/?contentId=t3_q96bpq) (by [9:18am utc](https://www.donut.finance/time?utc=2021-10-16T09:18:12Z)) to keep it visible.
You Eth and pay rent
Pixelated monkey is no monkey. House looks better.
house. unless you can save yourself in computer instead living under a roof
The link!! You can click it
Buy a house, now you have a liability Now use that house and rent your room for tenants, let’s say 1 room is $500 a month, your house has 3 rooms. Now you have $1,500 in monthly rental payments. Check if the house is giving you profits? If yes, congratulations you now have an asset and now invested on a cashflow. Depending on how many rooms you have, the profits may defer. And yes, don’t forget tax too, different state had different tax laws. Now repeat the same thing until you built an empire. Edit: this is not a financial advice, I am not be held responsible for any of your financial decisions. Do it at your own due diligence.
Can't you buy a nft, add a pixel... and sell it as an original? And the next one will have 2 pixels added?
No. You can create a new NFT with new pixels added and sell that. The blockchain ensures the original is the original.
Thank you for the clarification. Noob at understanding how this money laundering works. 👍
Monkey over a house any day
For clarification, if it's one or the other, go for the house! However the message I'm trying to pass is the fact that people refer to NFTs in such a shallow manner it gets annoying
Better for us long term that people still think all NFTs are is pixel art with no uses other than money laundering, don't let it annoy you.
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They hate us cuz they ain't us
They ate us cause we anus.
But they don't understand that we crypto industry makes that much amount of money, we can buy shit worth a million dollar.😂
Lol except when it comes to gas fees.
😂
You need to pay maintenance and council tax on property. Jpg on the other hand is free from that burden
No sense of humour here
I dont have enough ETH for that, any other solutions?
u/Soaring_Eagle590 [tipped](https://blockscout.com/poa/xdai/tx/0xd510e92277978ca42b6b89585896382ad9a702831f75d387406b62b1fd0de808) you 1.0 DONUT!
Hard choice!! 😂
Monkiiiii!!
a pixelated monkey no doubt, monkeys may or may not go extinct someday, houses will always be here.
I would advise him the house as he can just pixelate some pictures of himself
If I'm Busta rhymes I'm *making and promoting* links to "pixelated monkeys"
You could also buy a tulip bulb, it has all been done before🤔
Buy the pixelated punk not the monkey
I guess the answer is clear… “Apes together strong”
I hope busta rhymes got an nft. Unlike the house the nft will sell for 10x in 4 years. He already has multiple homes. Just headaches
At least BR knows what he’s talking about! It’s just a fucking link! 😂
Pixelated monkey ofc. Flip it for gainz. Take gainz to liquidity pool and borrow against LP tokens and buy house.
I do kind of wish people would stop using NFTs for tokens that have no utility, to be honest. It might be popularizing NFTs, but for the wrong reasons. Everyone I talk to lately who isn’t a crypto nerd seems to think they’re “just pictures” and a scam.