Investment has been one thing that has been an issue to people. People get to be indecisive about their where to invest.
Axie Infinity Coin is said to be a riskier investment than Bitcoin and its likes. They can be completely different and it is best not to compare them.
You should understand that Axie infinity investment is different from playing Axie infinity. For you to be able to invest, you need to purchase the token and sell it when you see the market factor is in your favour. While playing the game, you will need to buy or borrow Axies.
Axie infinity can end up being one of the best investments you will make if you know how to buy at the right time and sell at the right time.
In a volatile market, it is easy in most cases to get it right if you work perfectly with timing. You should be able to see ahead in a digital currency to determine whether it is a good investment or a bad one.
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Actually, reports have it that people living in the Philippines quit their jobs to play Axie Infinity. Amazing right?
You can now see that the game can be very profitable especially if you know your way around the market and know how to play it well. Can this also mean that investing in AXS can be profitable and can not be at the same time?
So many players do not always have the patience to play the game for enough years to bring back riches.
If you get to play the song for ten years, it tends to be difficult to become rich by playing Axie infinity. Bit if it is about investing, you can decide to just make your significant investment in the token and wait for ten years before cashing in.
Now, imagine if the price of the coin goes up significantly. That is a huge turn out of profit you know!
There are different ways to determine its chances of becoming valuable in the future; if the investment you want to make now can turn out to be worth the while in the future, much more than its current value.
There is no way to be certain that AXS will make you rich in the years. To be successful at this you need to consider the past, the Present and the future of the very coin you want to buy.
How much money you are able to make using Axie Infinity is not fixed. Sometimes there are changes but on average, you can put fixed hope of being able to make from ten dollars to fifty dollars each day. That is the average of what users make playing the game per day. This year Axie Infinity is considered very potential crypto to invest in this year because of its record of achievements in the past few months.
The price of Axie Infinity being expected to reach up to a hundred and sixty-three dollars before the end of 2022. Axie Infinity is predicted by TradingBeast AXS crypto price prediction to reach ninety dollars in 2024 and be worth over a hundred and five dollars by the end of 2025.
Walletinvestor for 2022 experts predicts it to reach the sixty dollars mark in July.
Price History Of Axie Infinity Coin
Though Axie Infinity was released in 2018, AXS was launched through an ICO in November 2020. The token sale happened between the 3rd and 4th of November 2020 and the ICO token price was officially recorded as $0.1 per token.
However, the coin recorded its official all-time low price of $0.1234 on 6th November 2020. It eventually ended the month at $0.475 per token.
AXS gained value in December, reaching $0.752 on the 20th. It eventually finished the month (and the year 2020) at $0.534.
AXS started 2021 at $0.5373 and started rising slowly. By 27th January, it had reached $0.948. It finished the month at $0.840.
AXS started becoming really valuable in February 2021. It reached $1 on February 2nd. By February 19th, it was already selling for $2.15 per token. March was also a very good month for the coin.
Though it started the month at $1.39, AXS reached $5.88 per token on 15th March 2021. It eventually finished the month at $6.24.
Axie coin has been very profitable to a lot of people, especially in the Philippines and Indonesia. Before now people did not know they could actually make money through playing games. But now it is so amazing that you can actually earn money through playing games.
Axie Infinity is a blockchain-based game. Players purchase NFTs of cute monsters and then place them against each other in battles. Players can earn SLP tokens during gameplay and trade them for money at in exchange.
The easiest way to make money actually is to play the game regularly. Axie Infinity gives an opportunity to users to earn funds through several means like from it’s sheer entertainment value, breeding rare Axies, selling SLP ( smooth love portion) and AXS staking.
Tons and tons of people make loads of money by just playing this game. You will be amazed at how interesting and quick it is to make money once you understand how the market operates.
The attention this game has drawn has to be applauded. This attention is responsible for leading titles of the emerging gameFi landscape which merges finance and gaming. Countries like Philippines and even Indonesia , people there has so gotten involved in this game and are currently earning good money from it and using the funds to suppose their families.
Conclusion
Axie Infinity is a trading and battling game that allows players to collect, breed, raise, battle, and trade creatures known as ‘Axies’ which are digitized as NFTs.
Nothing can be more interesting to know you can actually have a good investment plan in playing games if you get to understand how to interpret the market well. Knowing when to sell as well as knowing when to buy.
