Initially NFT emerged as a technological evolution in the blockchain ecosystem in 2021 which was used to verify ownership of assets such as stocks and other securities.
However, an experiment was then conducted on this technology to verify the copyright rights on an art asset.
So it can be said that the original goal of NFT is to secure someone's copyright to a work of art.
Then the question arises of whether NFT can be used as an investment? Looks like we need to see from which angle we answer.
A businessman will think that investment must have a time and number reference. When will this investment return and what is the return?
But if I'm an artist, I just put my work on NFT to protect my copyright, without thinking about investment. And the true function of NFT is like an artist.
So if an entrepreneur uses NFT as a place to invest, I think he is in the wrong place to invest.
Topic: Can NFT be used as an investment? (Read 382 times)
You could really make out some comparison in between the quality of those NFT's which pixelated art vs hd graphics but surprisingly there are indeed people who do still consider on buying out those pixelated ones.
When I try to explain this to a non-crypto user, they start laughing at the quality of such art and they consider this to be the biggest foolish mistake that any investor can make. The real art market is a huge and very deceptive one, trying to dip into that is like playing with fire. What you end up getting is a by-product like these pixelated art which look like a 12year old's pastel drawings.Quote
In speaking with hype then its true that this it did came fast and the hype was indeed fast as it gone which is totally accurate.
It means the people trying to popularize it, got hold of their niche investors and therefore did not need to run the hype for long. Those investors end up as the real suckers of the hype.Quote
We've seen some development where utility is been applied but could not really be avoided to have those doubts in speaking with long term investment.
I dont see any long term market in NFTs unless some big thing happens. All I see if that bitcoin never fails to amaze. 
Joke and crashgrab indeed which i do see fit the most precise definition out of this nFT hype on where i dont see these arts could really be that relevant or do give out good results in near future. Yes for some art but the odds on getting the right one is unknown and it all matters with hype and some sort of shill before you could potentially acquire good stuffs but in overall or the rest then i dont see any significant or usage just like on what most people been saying on here.Its a totally shitty thing which you cant really ensure or even treat it as a good stuff to be hold for long term.
If you notice carefully, the trend for NFT has died down as quickly as it started. The main motive of such ideas is to generate a huge hype to catch majority of the susceptible population and then milk their money as long as possible while they remain in oblivion as to what they paid for and how it is devaluing.It will be worth watching if the NFT craze starts again in future and how it grows in future.
Pixel art and all that seems like a waste completely. Maybe someone can prefer buying them over renowned art, but I find that pretty low compared to what we trade on daily.
In speaking with hype then its true that this it did came fast and the hype was indeed fast as it gone which is totally accurate.
We've seen some development where utility is been applied but could not really be avoided to have those doubts in speaking with long term investment.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
Probably no. NFT's are good for speculation mostly. They are pretty much worthless intrinsically. Can you make money from buying and selling NFT's? Sure you can. You can even become rich. That's how speculation works in the end. Somebody will have to take the loss ultimately though. That's the sad part of playing this game. If you are careful with what you are doing, you can make money but I don't see NFT's as an investment.
Joke and crashgrab indeed which i do see fit the most precise definition out of this nFT hype on where i dont see these arts could really be that relevant or do give out good results in near future. Yes for some art but the odds on getting the right one is unknown and it all matters with hype and some sort of shill before you could potentially acquire good stuffs but in overall or the rest then i dont see any significant or usage just like on what most people been saying on here.Its a totally shitty thing which you cant really ensure or even treat it as a good stuff to be hold for long term.
If you notice carefully, the trend for NFT has died down as quickly as it started. The main motive of such ideas is to generate a huge hype to catch majority of the susceptible population and then milk their money as long as possible while they remain in oblivion as to what they paid for and how it is devaluing.It will be worth watching if the NFT craze starts again in future and how it grows in future.
Pixel art and all that seems like a waste completely. Maybe someone can prefer buying them over renowned art, but I find that pretty low compared to what we trade on daily.
Only few but not all. Did all of NFTs minted even get sold? No man but only some. You can imagine when you need urgent money and how can you sell your NFTs if none interested with your NFTs? Unlike the token that can give huge profit for anyone who can sell it anytime when the price reached the top. In NFTs even when the price floor is pumped but none interested with your NFT meant you won't be profited.
NFT market is completely unregulated and pixel art being sold for thousands of dollars seem like to a joke of a cashgrab to me. Definitely over an asset like bitcoin, I would never choose an NFT to be the store of my savings. They are ill-liquid and hypes pieces, not worth giving attention to, unless you are looking for the short term gain in selling a hyped NFT.The idea that NFT could give power back to artists could have happened but not in an unregulated market like this. Innovative tech like this could have gone a long way but nobody in the industry cares to do that but attempt to set up get-rich-quick schemes based on them.
Yes for some art but the odds on getting the right one is unknown and it all matters with hype and some sort of shill before you could potentially acquire good stuffs but in overall or the rest
then i dont see any significant or usage just like on what most people been saying on here.Its a totally shitty thing which you cant really ensure or even treat it as a good stuff
to be hold for long term.
For me its like wasting your money for nonsense things if you hold it for long term I get the idea about the arts but the use case of it really doesn't sounds good to me since if we look at it we cannot see a real time potential that the price will be the same nor got up in future. Maybe for now I will just buy new NFT and flip it up because securing profit is what most important to me than get hook and hold it.
Only few but not all. Did all of NFTs minted even get sold? No man but only some. You can imagine when you need urgent money and how can you sell your NFTs if none interested with your NFTs? Unlike the token that can give huge profit for anyone who can sell it anytime when the price reached the top. In NFTs even when the price floor is pumped but none interested with your NFT meant you won't be profited.
NFT market is completely unregulated and pixel art being sold for thousands of dollars seem like to a joke of a cashgrab to me. Definitely over an asset like bitcoin, I would never choose an NFT to be the store of my savings. They are ill-liquid and hypes pieces, not worth giving attention to, unless you are looking for the short term gain in selling a hyped NFT.The idea that NFT could give power back to artists could have happened but not in an unregulated market like this. Innovative tech like this could have gone a long way but nobody in the industry cares to do that but attempt to set up get-rich-quick schemes based on them.
Yes for some art but the odds on getting the right one is unknown and it all matters with hype and some sort of shill before you could potentially acquire good stuffs but in overall or the rest
then i dont see any significant or usage just like on what most people been saying on here.Its a totally shitty thing which you cant really ensure or even treat it as a good stuff
to be hold for long term.
Only few but not all. Did all of NFTs minted even get sold? No man but only some. You can imagine when you need urgent money and how can you sell your NFTs if none interested with your NFTs? Unlike the token that can give huge profit for anyone who can sell it anytime when the price reached the top. In NFTs even when the price floor is pumped but none interested with your NFT meant you won't be profited.
NFT market is completely unregulated and pixel art being sold for thousands of dollars seem like to a joke of a cashgrab to me. Definitely over an asset like bitcoin, I would never choose an NFT to be the store of my savings. They are ill-liquid and hypes pieces, not worth giving attention to, unless you are looking for the short term gain in selling a hyped NFT.The idea that NFT could give power back to artists could have happened but not in an unregulated market like this. Innovative tech like this could have gone a long way but nobody in the industry cares to do that but attempt to set up get-rich-quick schemes based on them.
It's very bad for investment and here's the reason.
- The price is totally subjective depends on someone or people opinion.
- The demand depends on the interest
- It's not liquid
Well for those who dont know what to buy and when to sell I guess. Yes it maybe inliquid, but how does those other people gaining huge profit from it? I think its depend on nft and its demand.- The price is totally subjective depends on someone or people opinion.
- The demand depends on the interest
- It's not liquid
Only few but not all. Did all of NFTs minted even get sold? No man but only some. You can imagine when you need urgent money and how can you sell your NFTs if none interested with your NFTs? Unlike the token that can give huge profit for anyone who can sell it anytime when the price reached the top. In NFTs even when the price floor is pumped but none interested with your NFT meant you won't be profited.
There may be a significant price drop without any reason. NFT to me is just a way to cover or package a product to minimal size where no one could detect the quantity or the values at which it cost or being sold. Since the price does not display in a wallet.
Please this is just my own personal opinion about NFT and I know there are lots of meaning to it.
E.g, there is a project which I participated and I was paid 1 Unit of their NFT and I happened to destroy that unit and sell it to a bnb and it worth about 0.25 bnb. So this was were I go my idea from.
It's not and investment and may not be for long run unlike coin.
Please this is just my own personal opinion about NFT and I know there are lots of meaning to it.
E.g, there is a project which I participated and I was paid 1 Unit of their NFT and I happened to destroy that unit and sell it to a bnb and it worth about 0.25 bnb. So this was were I go my idea from.
It's not and investment and may not be for long run unlike coin.
but for some reason, personally I'm not very interested in NFT, even though it's trending, when I buy it, what do I use it for, as a collection, it's better to collect quality tokens, in the NFT sector, art creators benefit the most , when other people don't understand the design, sit still, buy NFT, for those who like it, yes, for those who win over hobbies, they want to spend money to buy and sell NFT.
You would really be thinking on how dumb those people who are considering on buying a shitty art for millions of dollars which i dont really see a solid reason behind which you could really make out some conclusionsthat this trend is really just basing up with pure hype and fomo moments on where people had been driven off to ride with this current trend.I would rather with DeFi's than on this one.
Even myself havent seeing on putting up some funds with NFT's yet i dont see any significant reason on making it as an investment.
but for some reason, personally I'm not very interested in NFT, even though it's trending, when I buy it, what do I use it for, as a collection, it's better to collect quality tokens, in the NFT sector, art creators benefit the most , when other people don't understand the design, sit still, buy NFT, for those who like it, yes, for those who win over hobbies, they want to spend money to buy and sell NFT.
NFT just started trending a couple of years only? There were too many NFT projects that ended in failures. I invested into some projects and it is not really that bad. DYOR is super necessary. Just like crypto currencies that started more than a decade ago, it slowly progressed into something big. I also believe that NFT will continue to grow especially in the gaming industry. There is a lot of potential to be taken advantage. Take for instance, a quality game inspired by DOTA2 and LOL that will share its earnings to its players. Many gamers will surely shift to into it.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
Definitely no because there's no liquidity available on it so your only way to liquidate your NFT is to wait for someone to buy it. Buying NFT is just for collection only and not an investment because there's no define value of this kind of item so it can't be classified as an asset.
Most of the NFT price in the marketplace is just fake buy and offer which is the trick of seller to attract buyer since they will look at as a demand for the NFT.
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NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
I think NFT can still be used as an investment but I don't want to use it and it's better to use bitcoin which can provide real case as an investment. I don't know what kind of NFT might be your investment so if you want to decide to choose NFT as your investment, you better be careful and earnestly look for it because not all NFT can be used as a long-term investment. NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
Definitely no because there's no liquidity available on it so your only way to liquidate your NFT is to wait for someone to buy it. Buying NFT is just for collection only and not an investment because there's no define value of this kind of item so it can't be classified as an asset.
Most of the NFT price in the marketplace is just fake buy and offer which is the trick of seller to attract buyer since they will look at as a demand for the NFT.
Depends on the NFT, NFT has made lots of people millionaires, when nft hype was not much as compared to now, those who bought cryptopunk nft at cheaper rate are in huge profit, imagine buying up to five cryptopunk nft back then and selling them when the hype was huge, do your research, buy nft that has prospects in future keep it and wait for some month's, you will realise that Nft is a good investment
The same goes for the Bored Ape Club.With what I've read before, it was like around $200 in price of Ethereum and now, they're whopping 138.5 ETH for the floor price.
Totally a high and crazy price but it's being crowded by celebrities so the value has grown up and keeps on going up.
The hype will be determining whether NFT can be used as investment or not. I meant when you can minting the popular NFT and im sure that this can be used as investment for long term but different story when you are holding unpopular NFT. This will be worthless NFT that will have no value. Using NFT as investment was the worst thing when you are only holding unpopular NFT. I think that overall NFT can't be considered as investment. The history tell us if sometime this can also be manipulated by the whales too.
It depends on which NFT project you are choosing since some of it are having a good market movement while the other is just for the sake of money grabbing. So you need to research which NFT is worth it with your hard earned money because a lot of them lately was having a rug pull. The easiest way to scam investors and if you ever bought something that was overpriced expect that already to go down once the huge investors dump all their token and the price would suddenly dip that no matter how long you wait it won't pump back to its original price again since most of them are being hype up that's why the price is pumping.
I'm not very good at researching which NFT is good because for me it's too complicated whether we choose the trend or who is the creator sometimes NFT does return definite returns like many news on twitter I even got NFT from giveaway but it's only worth $50 more it's still difficult to sell but this is not an NFT from the purchase that is invested but the result of some freebies and other airdrops.
So I always pass that I don't know if I never invest in that NFT.
So I always pass that I don't know if I never invest in that NFT.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
Depends on the NFT, NFT has made lots of people millionaires, when nft hype was not much as compared to now, those who bought cryptopunk nft at cheaper rate are in huge profit, imagine buying up to five cryptopunk nft back then and selling them when the hype was huge, do your research, buy nft that has prospects in future keep it and wait for some month's, you will realise that Nft is a good investment 
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
no, NFT is not suitable for investment whatever the reason. NFT is profitable when the NFT is still hype, but when the hype fades the value of the NFT will slowly go down. I've seen many cases like this, and that's why I don't think NFT is for investment. but if the question is about "is nft still profitable". I would confidently say that nft is profitable.
so my question is, is NFT good for investment?
It's both of yes and no. Yes, if you know what to invest and buy. Because it's not just because a thing is called NFT, it's already good to buy. There are also ugly NFTs that don't have a value and you might buy that if you're looking generally to the NFTs as good investments.
There are specifics of it on which you should buy. And, this is the Speculation board for Bitcoin and not on NFT discussions, move the thread to Altcoin Discussions.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
Just because NFTs are happenings within your country and your circle is onto it, doesn't mean it's a good investment. You should be wary of whether it is a bubble or not, try to learn the concept and the idea of NFT itself. If you think that there is something worth mesmerizing, you should dig deeper in case you want to consider it as an investment. Just don't follow the masses and try to research it on your own. 
I don't think so, NFT is nothing more than a digital collectible where the price is determined by what you like and the price is welcomed by the buyer (personally). NFT also has 0 liquidity, meaning that the NFT you sell is not guaranteed to be sold even at a lower price than other similar NFTs.
You invest in NFT the same as risking your money on the item hoping one day you will find someone with similar tastes.
You invest in NFT the same as risking your money on the item hoping one day you will find someone with similar tastes.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
No its not!Its risky i would say and those things above mentioned are definitely on point.There's no assurance that the said NFT you had bought would really be ending up in fortunes because
it would really vary with the demand and most of the time it would be depending on hype or interest and if you cant see anything that sparks out interest on what you had bought
then dont expect that you could gain something from it.
NFT's are shit most of the time specially those pixelated arts and some sort.Even those images can be seen in google.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
I think some considering it as investment already since there are nfts they bought cheap and becoming expensive. Well its quite not sure that nft investment will always secure profit but some made tons of money out of it.It's very bad for investment and here's the reason.
- The price is totally subjective depends on someone or people opinion.
- The demand depends on the interest
- It's not liquid
Well for those who dont know what to buy and when to sell I guess. Yes it maybe inliquid, but how does those other people gaining huge profit from it? I think its depend on nft and its demand. - The price is totally subjective depends on someone or people opinion.
- The demand depends on the interest
- It's not liquid
It's very bad for investment and here's the reason.
- The price is totally subjective depends on someone or people opinion.
- The demand depends on the interest
- It's not liquid
Seeing this as investment is the worst choice. This can also be easily manipulated when you have invested in the crowded NFT like karafuru or something else. You can't sell your NFT easily even this totally depends on your luck.
- The price is totally subjective depends on someone or people opinion.
- The demand depends on the interest
- It's not liquid
Seeing this as investment is the worst choice. This can also be easily manipulated when you have invested in the crowded NFT like karafuru or something else. You can't sell your NFT easily even this totally depends on your luck.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
Depends on on what your perspective of a quality investment is.NFT was started as to digitize an art piece and give some buyer the ownership of that and is a very noble concept in my opinion. But over the few years, it became a method to turn things of very little significance into huge hype-inspired bubbles.
To me, this sort of marketing of an "asset" raises eyebrows and I dont feel comfortable with it. But dont let my personal feelings change your opinion, which I would like to hear as well.
Many companies are now using NFT as a sort of marketing strategy to market their already saturated products to a niche market that might include crypto enthusiasts. This reminds me of the old days of the ICOs after which they died out. Hence I am very skeptical about the future which seems to have moved from ICOs>Stablecoins>Staking>DeFi>NFT and something new coming next year or so.
yep, since Genesis accept nft as a collateral for loans and there is also NFT's that give you passive income just for hodling.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
Depends on on what your perspective of a quality investment is.NFT was started as to digitize an art piece and give some buyer the ownership of that and is a very noble concept in my opinion. But over the few years, it became a method to turn things of very little significance into huge hype-inspired bubbles.
To me, this sort of marketing of an "asset" raises eyebrows and I dont feel comfortable with it. But dont let my personal feelings change your opinion, which I would like to hear as well.
Many companies are now using NFT as a sort of marketing strategy to market their already saturated products to a niche market that might include crypto enthusiasts. This reminds me of the old days of the ICOs after which they died out. Hence I am very skeptical about the future which seems to have moved from ICOs>Stablecoins>Staking>DeFi>NFT and something new coming next year or so.
NFT is being discussed intensively, especially in my country, even many of my friends are buying NFT, so my question is, is NFT good for investment?
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