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Topic: Is it true that NFT is the best investment in the future? - page 2. (Read 1275 times)

copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Nowadays it is hard which one worth to invest, so it is better to make your own research before investing. People compete to buy worthless NFT but surely some of them will be profitable due to obvious Hype on the industry.
So people are buying bunch of "worthless" NFTs and hopes that they will make some serious profit in the future because of the "hype"? You see where the problem is? The whole NFT thig is being hyped. Most of the people aren't buying because they want to "digitally own" the original copy (another thing that makes no sense to me). All I am seeing right now is celebrities and influential people making all those huge profits. Not sure what the future holds for NFT, but if the hype ends, the whole NFT thing is going to end very badly.
hero member
Activity: 2590
Merit: 644
Nowadays it is hard which one worth to invest, so it is better to make your own research before investing. People compete to buy worthless NFT but surely some of them will be profitable due to obvious Hype on the industry.
^Definitely right.
But there are NFTs projects that not only made increase the price, just like the NFT project pioneer in the play to earn games and that is Axie infinity which is very hot as of now. So I think it depends on the concept they had and probably long last in the future. The number one factor before we go, you can simply manage the risk so that you will be able to survive in trading no matter what happens in the market because you have a goal and you must stick to it.
hero member
Activity: 2464
Merit: 585
NFT is a very promising investment in the future, if you see the interest of artists and popular figures starting to think about investment patterns here, it is very likely that NFT in the future is a promising investment, plus athletes are starting to target investment here .
It takes special preparation to be part of NFT's investment, considering the positive potential that will happen is something we are waiting for, with NFT's outreach services for fans of Artists, Athletes and Big Figures, it is very possible for NFT to be part of the investments. NFT.
NFT is a really good investment to take on, but this time around things have changed and there are lots of fake NFTs in the market which I don’t really like. These days is quite difficult to find the projects that are legit and the ones that are not legit, if you're not careful you end up buying  NFT that’s not truly what you think and at the end you are regretting that you even invested in them.

These days I am seeing a lot of celebrities and a lot of influencers jumping on NFT and releasing their own to their fans.I have even seen an NBA player who has been advertising his own NFT coming up soon, so it's becoming rampant these days. I hope that anyone who is going for it is going to be very careful about it.
member
Activity: 532
Merit: 18
I'm not sure about the "the best investment" part but I believe that it is one of the biggest opportunities for people in this market now. NFT is completely a new technology and there is a big hype already. People in this market want to see new things also. They don't want to just invest into a coin and wait. In terms of this situation, NFT has been really great for people so far.
TWW
full member
Activity: 1456
Merit: 109
I don't read any valid points you have, you didn't even know how NFT is a good investment, not because it became famous does it mean it is a good investment. An investment is not for short term but for long term and what do you think the NFT is the best investment in the future? I don't think NFT would be here for long it's just like the DeFi and other projects before.
that's right. projects must continue to grow and adapt to market demands. NFT can't always be a trend for the long term. it's even possible that it will soon recede from demand.
now we can see more NFT projects with many variations. gaming and art are probably what we see more of. at the moment. some platforms are already running and we can see it on the market cap. but for the long term, I think we should choose a better asset.
full member
Activity: 966
Merit: 102
I don't read any valid points you have, you didn't even know how NFT is a good investment, not because it became famous does it mean it is a good investment. An investment is not for short term but for long term and what do you think the NFT is the best investment in the future? I don't think NFT would be here for long it's just like the DeFi and other projects before.
jr. member
Activity: 840
Merit: 4
I would go ahead and say a yes and no.
Yes, NFT has been the most performing new niche in crypto as far back as early this year(March and April, if I'm not mistaken) and it has drawn a lot of mainstream individuals and corporations like Shaquille O'Neal, Snoop Dogg, MacDonald etc. And more are being drawn in
Now I would say no. Why? With all these interests, its obvious malicious characters would ply their trade in it. For example there are NFT thefts and scams. And outright fakes! So people out there have some NFTs that won't be worth a dime
So in all, be very careful
member
Activity: 644
Merit: 10
NFT For games it's a great idea, I even think that's what it's designed for. Players make purchases within the game ecosystem and it makes sense to use blockchain for that.
that's not the purpose or functionality of NFT assets.
you can also see how there is NFT related to art. it can be visual even now NFT is also made for music.
This is very impressive for the advancement of the world's art industry. but unfortunately, without the oversight of course NFT assets can be negative for users. some say as an alternative to money laundering. some just play to register their own NFT and buy it themselves at a high price. there is improper use. for investment in future assets, who knows whether it's worth it or not.

Explain to me how the owner of a painting in the NFT is insured against copying and further reselling his painting? What prevents you from duplicating the NFT in another blockchain and selling it on another marketplace? I really don't understand it.
member
Activity: 728
Merit: 12
Artists or public figures who start to apply NFT in their works, it is not impossible to encourage the NFT trend. The strategy that investors must use in investing in NFT is from who makes the product, what products are offered, and of course the usefulness of the product. NFT still has the potential to rise, because its usefulness will drive this asset. fresh for artists, content creators, gamers and more. So it is not impossible that in the future NFT will be even better and not destroyed.
member
Activity: 128
Merit: 13
www.fintropy.io
NFT is just a hype right now. Think about it, you bought a baseball card in NFT format, but it has a paper original, or am I wrong?

Then what prevents you from making another 1000 clones of this card? Or do you have a unique NFT (monkeys), do a "save as" on that file and you have it. What is the value of owning this monkey?

At the moment, NFT has prospects, as it is on the wave of universal hype. It is impossible to determine how popular it will be in the future, but now many people who have delved into this topic get good money from it. In any case, it will be useful to take a closer look at NET and study the positive and negative aspects in order to make an unambiguous decision about the prospects of participating in it.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
NFT For games it's a great idea, I even think that's what it's designed for. Players make purchases within the game ecosystem and it makes sense to use blockchain for that.
that's not the purpose or functionality of NFT assets.
you can also see how there is NFT related to art. it can be visual even now NFT is also made for music.
This is very impressive for the advancement of the world's art industry. but unfortunately, without the oversight of course NFT assets can be negative for users. some say as an alternative to money laundering. some just play to register their own NFT and buy it themselves at a high price. there is improper use. for investment in future assets, who knows whether it's worth it or not.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
I know many people do not want to listen to this because they are heavily invested in NFTs but I think it is the only logical scenario that may come to happen, after all do the people believe that this level of hype can be maintained for years and that people are going to invest in collectibles they cannot even touch with their hands?

It is the same with ICO days in the past. People bought stuff up thinking it would be big in the future and if you came in and talked sense,,, they all ganged up on you and kicked you out for "FUDding",,, people in NFTs are majority speculators not actual collectors and not actual artists.

Real collectors are very different minded people. The industry knows this but pretends not to understand it, selling something else to the buyers.

member
Activity: 644
Merit: 10
NFT is just a hype right now. Think about it, you bought a baseball card in NFT format, but it has a paper original, or am I wrong?

Then what prevents you from making another 1000 clones of this card? Or do you have a unique NFT (monkeys), do a "save as" on that file and you have it. What is the value of owning this monkey?
I never bought an NFT card, because to me it's not that important and it's also not useful in any way,
anyways I also very rarely play Games and make art, so I don't think NFT will have much more value


NFT For games it's a great idea, I even think that's what it's designed for. Players make purchases within the game ecosystem and it makes sense to use blockchain for that.
full member
Activity: 1316
Merit: 105
not all NFTs are good investment. there are many worthless NFTs on the market so buying them is like buying shitcoins. but if you can choose right collection then NFT can make 100x or even more.
copper member
Activity: 603
Merit: 1
jaimini patel
I don't understand NFT. People attach so much importance to Sue's work. There will be many FRAUDs in this NFT in the future. But I have to believe that the present and the future belong to NFT. Some NFTs sell for millions of dollars. And a lot of upcoming projects come on NFT. When it comes to the upper class, holding NFT is a small thing for those people. But other than that, earning from it is a big risk. I understand that. Else I don't invest in it.
member
Activity: 644
Merit: 10
NFT is just a hype right now. Think about it, you bought a baseball card in NFT format, but it has a paper original, or am I wrong?

Then what prevents you from making another 1000 clones of this card? Or do you have a unique NFT (monkeys), do a "save as" on that file and you have it. What is the value of owning this monkey?
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
Investment in NFT can be a good investment in the future but who will crate NFT and launch their own NFT, that is a good investment instead of buying an NFT and hold for a long time, and those who have a good investment can invest in  NFT's.
all will try to make investments that will certainly be better in the future, but all hope remains later is determined by how much their role is able to make the market accept not only now, but for the long term.
if you look at it now and because it's still new, of course it looks pretty good and the prospect will continue for the future, but will it work properly? all are also difficult to determine because it is still too early for NFT to prove that it will be able to compete in the future.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
So you're telling me that your valuation metric is how many artists/sportspeople have bought into the hype?

If anything, that should be an indication of the extent of the bubble and the irrationality that people have.

I can tell you with a general sense of certainty that most NFT projects are going to die in a couple of years time just as ICO projects died from 2017. A few will survive, sure, but definitely not the majority.
This is as simple as that, if people that most likely know nothing about cryptocurrencies begin to get involved in something like this not only as buyers but as creators then you know there is a huge bubble forming that is about to blow up, I know many people do not want to listen to this because they are heavily invested in NFTs but I think it is the only logical scenario that may come to happen, after all do the people believe that this level of hype can be maintained for years and that people are going to invest in collectibles they cannot even touch with their hands?
hero member
Activity: 952
Merit: 513
So you're telling me that your valuation metric is how many artists/sportspeople have bought into the hype?

If anything, that should be an indication of the extent of the bubble and the irrationality that people have.

I can tell you with a general sense of certainty that most NFT projects are going to die in a couple of years time just as ICO projects died from 2017. A few will survive, sure, but definitely not the majority.
hero member
Activity: 1344
Merit: 852
NFT is a very promising investment in the future, if you see the interest of artists and popular figures starting to think about investment patterns here, it is very likely that NFT in the future is a promising investment, plus athletes are starting to target investment here .
It takes special preparation to be part of NFT's investment, considering the positive potential that will happen is something we are waiting for, with NFT's outreach services for fans of Artists, Athletes and Big Figures, it is very possible for NFT to be part of the investments. NFT.

What do you think???
Initially I thought that investing in NFT was very promising for the future. But now I see that the NFT trend will end slowly. Although currently almost all circles are hunting and admitting that the project from NFT is very good.
As long as the NFT trend continues as it is today, it's a good idea to take advantage of the NFT hype, provided you keep an eye on the situation, if it starts to fade, then stop.
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