NFTs are crypto tokens that represent something unique. They are not mutually interchangeable.
This means that one NFT is not the same as the other.
Unlike for example Bitcoin, where each satoshi is exactly the same as the other.
NFT Crypto Guide 101 📚
🔹What are Non-Fungible-Tokens?
🔹What are NFTs used for?
🔹What do I expect for the NFT space in 2021?
🔹What NFTs do i hold?
🔹Where do I buy NFTs?
I will go through all of these questions.
Thread below 👇
NFTs are crypto tokens that represent something unique. They are not mutually interchangeable.
This means that one NFT is not the same as the other.
Unlike for example Bitcoin, where each satoshi is exactly the same as the other.
For example, The Hashmask with ID #6718 is completely different than the Hashmask with ID #9939.
Different visually as well as the ID on the blockchain.
NFTs are used to create verifiable digital scarcity and digital ownership.
The main applications we see today are:
🔹Digital Art
🔹Collectibles
🔹Games
Well, yes and no. Sure, if you got a NFT art piece you may not be able to physically hang it on the wall, but one thing you do know: You're the owner and there isn't anything like your piece of art.
Just the fact of having a one-of-a-kind piece of something is very valuable to a lot of people, even if it's digital.
Besides that, some of these art pieces are made by professional well-known artists which adds even more value.
Trust me, there is PLENTY of people that would love to spend a fortune on something that gives them an unique extra ingame. Whether it's something powerful or just cosmetic.
I will start of by saying I am very bullish on the entire NFT scene for 2021 and onwards.
We are only just seeing the tip of the iceberg. NFT projects are getting progressively more attention these last few months.
We are even seeing some coverages of big purchases by big media sites like Coindesk.
https://t.co/cTa9PN2B1p
As more and more attention flows towards NFTs i don't expect anything less than a big NFT boom this year.
I would not be surprised to see this go towards $10B+ this year.
Only mentioning this because i know i will get asked this.
No financial advice, obviously. 🙂
My Current NFT token (ERC20) holds are:
$PGT, $GHST, $NFTX, $MEGA, $PAINT & $B20.
I hold NFTs in:
@AxieInfinity, @ApeInFinance & @MegaCryptoPolis
NFTs are generally bought on websites like @opensea and @rariblecom. These websites enable you to buy and sell your NFTs but also to list your personally created NFTs.
The ERC-20 tokens are usually available on CEX's, @Uniswap or @SushiSwap.
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🚨Altcoin Trading Indicator🚨
How to use it. A THREAD.
Please Share.
To use it to buy Altcoins and make a high probability entry, the following conditions needs to be fulfilled.
For a long.
1. A green candle Closes above the cross.
2. Heikin Ashi candle turns green.
3. Price should be above 0.236 Fib from the swing high.
How to add the Indicator.
1. Click on the link and Add it to favorites and apply.
https://t.co/Kn90qgDjMi
2. Or Search it in the tab and then apply it.
The indicator itself the most comprehensive Moving Average Indicator which provides 9 MAs and 13 Different times of MAs.
The base of the indicator was by @insiliconot.
To further enhance it, I have added a cross indicator on the cross which works the best historically on Alts.
Condition 1- The cross.
Entry is made when a Cross occurs on the EMA 13/21.
The indicator automatically indicators the Cross with P for a positive cross or N for a negative cross.
This is the first condition for an Entry.
How to use it. A THREAD.
Please Share.
To use it to buy Altcoins and make a high probability entry, the following conditions needs to be fulfilled.
For a long.
1. A green candle Closes above the cross.
2. Heikin Ashi candle turns green.
3. Price should be above 0.236 Fib from the swing high.
How to add the Indicator.
1. Click on the link and Add it to favorites and apply.
https://t.co/Kn90qgDjMi
2. Or Search it in the tab and then apply it.
The indicator itself the most comprehensive Moving Average Indicator which provides 9 MAs and 13 Different times of MAs.
The base of the indicator was by @insiliconot.
To further enhance it, I have added a cross indicator on the cross which works the best historically on Alts.
Condition 1- The cross.
Entry is made when a Cross occurs on the EMA 13/21.
The indicator automatically indicators the Cross with P for a positive cross or N for a negative cross.
This is the first condition for an Entry.
So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
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I think a plausible explanation is that whatever Corbyn says or does, his critics will denounce - no matter how much hypocrisy it necessitates.
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party
One of the oddest features of the Labour tax row is how raising allowances, which the media allowed the LDs to describe as progressive (in spite of evidence to contrary) through the coalition years, is now seen by everyone as very right wing
— Tom Clark (@prospect_clark) November 2, 2018
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party
