I have some capital and I will like to know the right token to investment in. Am new to NFTs and will love to get your opinion on which NFT to buy for a short term base.
There are many NFT projects available today, almost 50% of NFTs have good projects, you need to study first if you want to invest, to find out which NFT has good prospects, assuming short-term investment as the pattern you choose, but not investment can be made if there is no strong reference source, to support the decision to choose investment in NFT, this is not what I can describe specifically for NFT, considering that not everyone has the same level of trust in one project.
It must be borne in mind that NFT projects can turn out to be an investment with a lot of risk, I have seen emreger projects until their currency reaches levels never before reached, and they generate a high profitability but then a bad calculation on the part of the devs and they start to extract money from the same game and they begin to kill it, it is true that the only interesting game that is still maintained is AXIE, although it is a game that its SLP is far below normal, the gains could be given in a way passive but that requires effort to achieve it, this is due to the number of drinks, the level of study of each axie and their respective ability.
I do not deny that all projects have a level of risk without exception, but to follow the crypto trend, I think NFT can be relied on, although not all of them can develop, in NFT people can work according to their favorite hobbies, many games and alternatives are available, this makes me sure, some NFTs can be used as references to choose according to crypto developments, but only represent me personally.
I understand what you are saying, but you have to take into account that it is not possible to trust 100%, you just have to look at Cryptomines, it turned out to be a tremendous scam, or a great pyramid, since the whales began to extract their money the game came down, and there was no going back, the devs weren't able to inject money, and a coin that is good like ETERNAL got to less than 2 USD in no time, and the devs didn't do anything, they just let it die, I think to Trust fully in an NFT, it is through casino platforms or a company that guarantees that the investment will not be lost or that they will leave with all your money.