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Topic: Uncertainty in the NFT market - page 4. (Read 568 times)

hero member
Activity: 2954
Merit: 796
July 01, 2022, 08:36:46 AM
#9
Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well Tongue

Follow your intuition because you are feeling this uncertainty and doubt because you something wrong on NFT invesmtent. The majority of NFT projects including the biggest name is down more than 50% since ATH while most of there P2E system and NFTs is almost worthless due to the declining token value which no one already interested on investing more. Follow your feelings this time because it was right to doubt on NFT investment. This is not a good time to invest on high risk sector of crypto which is NFT since most of them are rug pulling there investors slowly.

Everybody on defi is slowly exiting the crypto market right now.
hero member
Activity: 2366
Merit: 504
July 01, 2022, 08:29:56 AM
#8
The bearish market has been making so many NFT in the NFT market was going down so hard on its floor price. The future will be good. The fact that if when market became bullish and everything in the crypto will always be going up and so no matter what happened with the global market as long as bitcoin will be green and everything will be following it. Long term and short term were good but the big questions is if we didn't know when the bull will come.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
July 01, 2022, 05:49:27 AM
#7
Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well Tongue
Investing is a job that involves profits and losses in a balanced way, so there is always uncertainty in Investment, but you need to understand and be familiar with certain products when you want to make an investment so that your profits can be closer to certainty. For NFT I think it's a slightly different thing as usual or like other cryptocurrency products.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
July 01, 2022, 05:13:07 AM
#6
I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?
Anything during the bearish market looks very uncertain. It's hard to predict how many years needed for the market to recover from the dump and this is the choice that must be made by anyone whether they wanna go for long term or short term.

I have been trying to accumulate some projects tokens related to the NFT development and for me that's quite good for long term. I don't know about short term but if market can recover or doin bulltrap and it can give decent profit as well.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
July 01, 2022, 04:30:22 AM
#5
I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?
Investment is a serious activity and must be made after you make due diligent research. Research on NFT technology and on list of NFT projects are considering to pick one of them for your investment.

NFT technology is good but at this moment, people only think of it as a fastest and easiest way to get rich. It is not true. Investment does not mean to get rich quickly. Get rich quickly is for speculation, not investment.

Like you see Facebook (now Meta) invested in Metaverse and have been developing it after a few years. Do they get profit from what they invest in and develop? They have yet gotten profit from it. No get-rich-quick game.
hero member
Activity: 3080
Merit: 603
June 30, 2022, 06:49:21 PM
#4
Welcome!
There's uncertainty in the whole crypto market right now and it always goes like this whenever we see the market plunges a lot. But the uncertainty is more in the NFT world because most projects there have been riding the hype for the entire crypto market.
If you think that you can't bear the risk that it has then don't invest yet. But if you believe on the NFT project that you're looking out, invest only what you can afford to lose.
hero member
Activity: 2996
Merit: 609
June 30, 2022, 03:59:56 PM
#3
Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well Tongue
Uncertainty is normal considering on how many NFT projects that we do have today and believing into its potential? This would only apply into those NFT's which does have actual utility and not really
just focusing into those HD or Pixelated images.  Grin

If you do see a certain NFT which you do seem that it has potential to be valuable then its up to your call but if not then you could simply ignore.Its your money then its your full
decision you would take.
Dont let others do make decision for you since its your money then its your call on what to do but its not bad to snip out some ideas and advises but still the final decision would be still yours.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
June 30, 2022, 12:59:36 PM
#2
If you are uncertain and has doubt don't invest yet.  Try to dig into more information and check if NFT investment is for you.  Not because you have seen many people getting rich because they invest in NFT, then think that they are not you.  Your situation is different from theirs.  They probably got in before the NFT is overly hyped and sold their holdings when the price is on top.  Now the hype of NFT is almost gone, you can probably buy some in low prices but the question is who will buy your holdings.  So better do your research intensively.


A quote from two of the articles I read about NFT

The Future of NFT Investment
NFTs are an exciting creation, and they’re garnering more and more attention as their use cases multiply. The headline-grabbing price tags attached to some NFTs are fueling the fire. However, prudent investors should tread very lightly when thinking about buying these assets because NFTs are highly illiquid and volatile.

Buying them with the hope of achieving triple- or quadruple-digit price returns is not advisable. The real value of NFTs lies in their potential to transform the way markets function and enhance the way we manage and control sensitive information. Here, the sky is the limit.

Nevertheless, if you want to participate in the blockchain movement and see NFT ownership as your way to do it, go for it. However, please do so responsibly. Don’t put a lot of money into NFTs and always strive to establish low-cost positions. Otherwise, you could find yourself in a painful spot — financially and emotionally.

The Bottom Line
The bottom line is that NFTs have pros and cons, but it's probably a bad idea to invest in any asset just because it's tokenized. The fundamentals of investing still apply, regardless of whether an asset's ownership is indicated by a blockchain. Your best move as an investor is to identify quality assets that you'd most like to own, and then do what it takes to acquire them.
newbie
Activity: 1
Merit: 0
June 30, 2022, 12:20:18 PM
#1
Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well Tongue
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