Not only NFT, but any investment in the crypto space, you need to know when to get out as it's important to ensure profit. NFT's are popular due to hype, however, there are still some profitable projects now so overall it's not really bad investment, it's only bad if we don't know how to choose the right project that will make us profitable.
Thanks for your advice, that would certainly make newbies curious and they'll do more research before investing.
Topic: NFT's are not a good investment, better get out ASAP - page 3. (Read 363 times)
Recently cent a website which sells tweets as nfts has suspended its services because of plagiarism related issues.
Open sea has also acknowledged high volume of fake and plagialized nfts.
I guess right now there are many scamsters out there in nft market so be vigilant and be safe
Well people need to understand that most NFTs need to have some purpose and that they bring something to you by owning it. Open sea has also acknowledged high volume of fake and plagialized nfts.
I guess right now there are many scamsters out there in nft market so be vigilant and be safe
Recently cent a website which sells tweets as nfts has suspended its services because of plagiarism related issues.
Open sea has also acknowledged high volume of fake and plagialized nfts.
I guess right now there are many scamsters out there in nft market so be vigilant and be safe
Open sea has also acknowledged high volume of fake and plagialized nfts.
I guess right now there are many scamsters out there in nft market so be vigilant and be safe
It is much better buy coins because coins will have a high demand later. Coins will always be required in Blockchain interactions, especially big and scarce coins. Only scarce coins like Bitcoin are a good store of value.
I will do as you say if I have a lot of money. I really don't understand art, let alone art that doesn't make sense to me like some of today's NFTs at insane prices. I'd better buy Bitcoin or ETH for the future, because I'm sure once this NFT hype fades people will also switch from NFT.
NFT's are unique pictures stored on a Blockchain and it gave a big hype around NFT's so far.
But please do your own research what is a NFT. It is just a picture stored on a blockchain and every day new pictures are launched.
To be honest these days people are even randomly uploading any picture to the opensea to be sold as NFT. they have no clue about how NFT works these days. But please do your own research what is a NFT. It is just a picture stored on a blockchain and every day new pictures are launched.
Over time, only very few people will buy such pictures and NFT's will get very hard to sell because nobody wants to buy old NFT's in a few years. Why should someone still pay high prices for such pictures?
I really don't know if NFT is a good investment and buying NFT's right now looks very high risk.
Only people who didn't understand NFT art correctly are using it as investment. I do believe most of those art who valued millions are being used as money laundry. NFT art was totally a useless thing. It has no value and utility and it's just selling the art. I really don't know if NFT is a good investment and buying NFT's right now looks very high risk.
It might be better to get out ASAP and sell all NFT's.
It is much better buy coins because coins will have a high demand later. Coins will always be required in Blockchain interactions, especially big and scarce coins. Only scarce coins like Bitcoin are a good store of value.
Selling NFT was not an easy task to do. You need to find buyer for your NFT and if you can't and then just hodl your NFT forever in your wallet. It is much better buy coins because coins will have a high demand later. Coins will always be required in Blockchain interactions, especially big and scarce coins. Only scarce coins like Bitcoin are a good store of value.
NFT's are unique pictures stored on a Blockchain and it gave a big hype around NFT's so far.
But please do your own research what is a NFT. It is just a picture stored on a blockchain and every day new pictures are launched.
It is not really scarce when always new collections are launched.
Over time, only very few people will buy such pictures and NFT's will get very hard to sell because nobody wants to buy old NFT's in a few years. Why should someone still pay high prices for such pictures?
I really don't know if NFT is a good investment and buying NFT's right now looks very high risk.
It might be better to get out ASAP and sell all NFT's.
It is much better buy coins because coins will have a high demand later. Coins will always be required in Blockchain interactions, especially big and scarce coins. Only scarce coins like Bitcoin are a good store of value.
Better buy coins, not NFT.
But please do your own research what is a NFT. It is just a picture stored on a blockchain and every day new pictures are launched.
It is not really scarce when always new collections are launched.
Over time, only very few people will buy such pictures and NFT's will get very hard to sell because nobody wants to buy old NFT's in a few years. Why should someone still pay high prices for such pictures?
I really don't know if NFT is a good investment and buying NFT's right now looks very high risk.
It might be better to get out ASAP and sell all NFT's.
It is much better buy coins because coins will have a high demand later. Coins will always be required in Blockchain interactions, especially big and scarce coins. Only scarce coins like Bitcoin are a good store of value.
Better buy coins, not NFT.
Personally, I don't understand the NFT phenomenon. It's a very interesting application of blockchain technology to maintain value in the form of electronic works of art, but in my opinion it is all overpriced. I think the NFT will never go away, but its popularity will decline and will stay around similar to interest in collecting cards with athletes.
It's the rich's game. They can do whatever they want with that money of theirs and I don't think a pleb like me is into NFT. Maybe an NFT game where there's a reward.
But for those pieces of artwork, it's entirely a different passion when it comes to collection. We may not understand how it feels to be a collector or a lover of art. Since it's associated with investing and value bringing, there's now the collaboration of being passionate about it and as an investor. Well, being an investor alone, we do agree that it's not for us who don't see that we'll be benefiting from it.
But for those pieces of artwork, it's entirely a different passion when it comes to collection. We may not understand how it feels to be a collector or a lover of art. Since it's associated with investing and value bringing, there's now the collaboration of being passionate about it and as an investor. Well, being an investor alone, we do agree that it's not for us who don't see that we'll be benefiting from it.
Who in the hell consider NFT as an investment? NFT was not liquid and you will be so difficult to sell once you need urgent money and that's different with the token as this is become liquid and it can give you money anytime once you need urgent money. NFT can be considered as a way to get unique item or art. NFT is not strong enough to be used as investment consider how difficult when it comes to the liquidation.
If your NFT has no demand and that's the end for you. So many people are wasting their money without knowing about the risk that already faced by all of them. I just try to remind that if this time NFT looks like a way for the developers to sell their non tokenization asset.
If your NFT has no demand and that's the end for you. So many people are wasting their money without knowing about the risk that already faced by all of them. I just try to remind that if this time NFT looks like a way for the developers to sell their non tokenization asset.
NFT's are unique pictures stored on a Blockchain and it gave a big hype around NFT's so far.
But please do your own research what is a NFT. It is just a picture stored on a blockchain and every day new pictures are launched.
It is not really scarce when always new collections are launched.
Over time, only very few people will buy such pictures and NFT's will get very hard to sell because nobody wants to buy old NFT's in a few years. Why should someone still pay high prices for such pictures?
I really don't know if NFT is a good investment and buying NFT's right now looks very high risk.
It might be better to get out ASAP and sell all NFT's.
It is much better buy coins because coins will have a high demand later. Coins will always be required in Blockchain interactions, especially big and scarce coins. Only scarce coins like Bitcoin are a good store of value.
Better buy coins, not NFT.
But please do your own research what is a NFT. It is just a picture stored on a blockchain and every day new pictures are launched.
It is not really scarce when always new collections are launched.
Over time, only very few people will buy such pictures and NFT's will get very hard to sell because nobody wants to buy old NFT's in a few years. Why should someone still pay high prices for such pictures?
I really don't know if NFT is a good investment and buying NFT's right now looks very high risk.
It might be better to get out ASAP and sell all NFT's.
It is much better buy coins because coins will have a high demand later. Coins will always be required in Blockchain interactions, especially big and scarce coins. Only scarce coins like Bitcoin are a good store of value.
Better buy coins, not NFT.
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