NFTs ARE CRASHING (do this now)

Matt's Crypto

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October was great for crypto, but NFTs crashed. Here's what I'm doing..
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With some major catalysts around the corner like Coinbase's NFT platform and major companies like Facebook changing their entire company name to "Meta" I have to ask, what should I be doing with my NFTs and my crypto?

If you like jpegs and enjoy making money, you'll love smashing that like button and subscribing, because this channel is focused on jpegs that make money!

First let's recap what happened in October:

1) We saw a massive drop in NFT market volume.
$1B to $650M

2) We saw more projects launch than ever before.

3) We surprisingly saw more users come to the space.
125,000 new OS users vs. 91,000 in September

4) Ethereum hit new all-time highs and crypto is surging.

Out of all of this data, there is one takeaway you should know. When Ethereum pumps, NFTs tend to dump. It's not 1:1 and its not always perfectly correlated, but it's safe to say, when value of ETH goes up, many people want to exit their jpeg holdings and hop on what's hot.

Other projects that have held up are the Sandbox, Decentraland, FLUF World, and Creature World.

There were also some BIG project dropped in October that I think could have long term blue chip potential - those are Kaiju Kings, Jungle Freaks, Neo Toyko, and Doodles.

0:00 NFT Bear Market?
0:52 What happened to the NFT Market
1:53 The “golden rule” of NFTs
2:55 Mint Prices for NFTs are going up (in USD)
3:43 Why the NFT Market is crashing
4:42 NFT projects that are doing well
5:47 Best NFT Strategy for 2021
6:25 NFT Market Catalysts (Meta, Twitter, Reddit)
7:55 Blue Chip NFTs I’m buying
8:50 The Doge Pound NFT - Super Bullish
9:54 Cool Cats NFT - Great ROI Potential
10:47 The BEST NFT Mint for rest of 2021

This is Matt's Crypto where we talk about money, especially cryptocurrency! We also chat about the stock market, NFTs, the best stocks, and how to invest! Bitcoin, Ethereum, Cardano, Solana, alt coins, crypto currency and all things finance. Recently I've talked a bunch about NFTs on Opensea and the Ethereum blockchain, or Solanart.io and Solana NFTs. If you want to learn about how you can put your money to work earning passive income, or find the next big NFT to buy, or take steps to earn financial freedom, please consider subscribing!

Top Cryptocurrency Exchanges (2021)
- Coinbase: Best for Beginners
- Coinbase Pro: Best for high volume traders & institutions
- Binance.US: Best for Low Fees, many transactions
- Kraken: Best for Margin/Future Trading
- KuCoin: Best for Altcoin trading
- Crypto.com: Best for interest earning & crypto rewards
- Robinhood: Never buy crypto on Robinhood!
- FTX: Best Fees, Great Platform, Made by traders!

PLEASE NOTE --- I AM NOT A FINANCIAL ADVISOR.
All of my content, including my crypto videos, streams, investments, stocks, strategies, and cryptocurrency news coverage, and top NFTs videos are for entertainment purposes only. You should never take any of this information as guidance for buying or selling any type of investment, NFT equity, or cryptocurrency. Nothing herein shall be construed to be financial, legal or tax advice. Purchasing cryptocurrencies, NFTs or stocks poses considerable risk of loss. I will not be held responsible for any losses or gains.

NFTs ARE CRASHING (do this now)
NFTs ARE CRASHING (do this now)
NFTs ARE CRASHING (do this now)

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