Sometimes NFT can be the best way to save your crypto, especially the ones that were sold with native tokens. I have successfully sold some NFTs at the same price I bought them and ranked in a whooping profit of about 1 BCH. This may seem dumb to you, I will write an article about it later today to tell the whole experience. Just to tell you a little about it, I bought 5 Joybots with 500 Joy tokens when the price of $JOY was $0.05. That's equivalent to $25 for one NFT. A few weeks ago, the Joy tokens price increased up to $0.24 per $JOY, I listed all 5 joybots on sales at mint price of 500 Joy tokens using the new value in BCH. I listed them all at 0.30 BCH and they were bought quickly. Now 0.30 BCH converted to Joy tokens gave me over 520 Joy tokens which amounted to $135 at the time I converted it. Only one Joybot sold covered my investment with some gains. The rest 0.9 BCH was my super gains for selling my NFTs at the same price I minted them. This is so amazingly dumb.
3 comments
Thats amazing gains. And Joybots wasn't even sold out but only a small part minted, I think 10-15%? I wonder what is going to be with the new Joystick collection. Not sure there should be so many releases.
Yes, I took the chance and got what I wanted since the staking reward didn't worth it in my opinion. They called the new collection JOY babies, and there will be 10k of them. The price is going to be around 10-15 JOY per nft.
Sound reasonable at this cost. Thanks.