Topic: Digital Real Estate: Is it worth it? - page 7. (Read 866 times)
There was only hype when Metaverse was released, but look at how it is now, digital real estate or buying multiple locations on digital is not always profitable. this is even the same as NFTs which will ultimately be worthless and who will buy Digital Real Estate for thousands of dollars or more. The NFT market is increasingly quiet and what used to be very hyped with fantasy prices, is now abandoned and prices have even dropped a lot. What to expect when buying Digital Real Estate but not owning the original. It's better to buy the original and manage it, it's better.
I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?
Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much.
It depends on the kind of digital real estate we are talking about, there are some MMORPGs out there which allows you to have a piece of land and you can build what you want there, and since the number of those lots were limited they increased in value as the video game became more popular and you could sell them for real currency for a very high value, however when it comes to the NFT variation or something similar, I do not see any future to those digital properties and people should stay away from them. Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much.
This is like and NFT that has no real usage, so for me its too risky and not worth it.
If you are just riding the hype then this can be good but considering this as your investment I think its different already. Real estate are more known as a physical investment which serves as a place to stay with and with this digital real estate, I think its more about your imagination than the real things.
If you are just riding the hype then this can be good but considering this as your investment I think its different already. Real estate are more known as a physical investment which serves as a place to stay with and with this digital real estate, I think its more about your imagination than the real things.
It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?
I don't think this expression is wrong because when I try to understand the form of digital real estate, it is just an updated condition of NFT but the scheme is the same.This kind of hype will definitely continue to happen but the problem remains that this kind of hype will not last long. Even though they are promoting digital real estate, eventually there will be a new and better form and the project will be abandoned and the pattern remains the same with endless hype.
I like what you're saying because basically real estate and digital real estate will never be the same even if you claim it's ours but in the future it might be worthless unlike real estate where it's physically somewhere.
Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much.
It has no future, everything in crypto apart from Bitcoin and Ethereum is a hype, we have seen how prices soar when the hype of NFTs, Memecoins, Metaverse, P2E, M2E to AI works.
Is all this long-lasting and sustainable now? The answer is no, so be wise in choosing something, there's no harm in buying digital properties, but buy at the right time, LOL.
2 images of land prices attached by @X-ray I think have interpreted your question, mate @Abiky.
Digital assets are an amazing investment as long as you can get in on the family/early round and manage to sell as soon as public sale opens, ideally BEFORE the sale opens. For a medium or long term hold there is almost 0 value.
The only way you might play this out successfully is mayb buying at the lows of bear market and then the market explodes but thats nearly impossible.
The only way you might play this out successfully is mayb buying at the lows of bear market and then the market explodes but thats nearly impossible.
So just another crypto pump and dump that's worthless and just banking on people's greed to drive a dumb price increase?
Honestly mostly anything related to nfts or things like digital land I just don't get the point. What are you going to do with digital land. Build a digital house so your digital family can move in? I love crypto but some of the things that have come out of it have been beyond rediculous.
Digital assets are an amazing investment as long as you can get in on the family/early round and manage to sell as soon as public sale opens, ideally BEFORE the sale opens. For a medium or long term hold there is almost 0 value.
The only way you might play this out successfully is mayb buying at the lows of bear market and then the market explodes but thats nearly impossible.
The only way you might play this out successfully is mayb buying at the lows of bear market and then the market explodes but thats nearly impossible.
It's all hype. Digital real estate was just a non reality thing and it can also disappear anytime. I don't even understand why would people buy such scam and priced these scam things worth decent amounts of money? The price is always decreasing from time to the time.
No reason to buy this kind of product. NFT is all pure hype and everything in NFT related to the scam. It's a new way to scam people yet stupid people keep buy that shitty land which made me feel curious about that.
NFT is a hell no for people who has a normal sense. DIgital real estate will not have future. Once the game will disappear and land will be also following it as well.
This is reality.
I think it's just a pointless trend like NFT. I wouldn't try that out if I didn't have thousands of dollars that I could lose.
I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?
Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much.
Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much.
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