Topic: Uncertainty in the NFT market (Read 570 times)

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

IMHO, I guess we have common sentiments about NFTs except for the P2E NFT platforms because I already enjoyed and reap the benefits with these platforms and the demand for their NFTs is real because there is money circulating in it. Anyway, about the plain NFTs in the market, I have never invested with them so far because I was doubting their economic value and still asking where the demand is coming from? in these pieces of digital art that were stored on the blockchain.

It's perhaps more fair that as things have progressed, we've seen how the exaggeration of previous trends made them unsustainable in the eyes of many in the sector. I do not deny the potential that it applies to this market, but in general, the implementation to bring sustainable value to stakeholders is not balanced. Only the leading things of the field are maintained. That is, most of them are considered short-term products. Anyway, it's only a small part of the market for me, so there's no need to overestimate how likely they are to get better over time, because I see things coming up with time and things. If this does not bring benefits to the market, it will be replaced by new forms.

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Quote from: wxa7115 on July 08, 2022, 12:12:47 PM

Quote from: Teraboy on July 04, 2022, 05:43:48 PM

we are currently in a downtrend and NFT are the ones that gets affected the most, it's right now a bad idea investing in NFT honestly because it seems the trend is already over too.
it also seems that NFT has finally showing its true worth instead of its inflated worth that we have seen in most of NFT platform few months ago.
there is still a lot uncertainty in regard of whether an NFT could ever regain its former glory in the future.

Correct, I do not see where people see any kind of uncertainty at the NFT market, most people have always seen in the NFT market a manipulated market full of scammers and useless products that at the end will be worthless.

And surprise surprise that is exactly what happened, so while I am sorry for all of those which let the hype get through their heads and bought those useless coins at the end they are getting exactly the results the community thought they will get, so they have no one to blame but themselves for their losses.

Just like into that ICO boom where people do really believe that it could bring out fortune into them until the market had been flooded out by lots of shit and garbage projects which we dont really need.

Lots had been scammed and lots had lost their money or investment but people or the community doesnt really learnt up from those mistakes and keep supporting and investing on things which are obviously scam and not really worthy and from ICO we do see IEO,Defi and here comes NFT and we dont know on whats next.

Every investment does have risk which it is depending on someone where they would really be that mindful on following risk management and good emotional handling.

History just repeated itself, however I will say that at least back in the ico days I could see why people got excited about them, as there were a lot of projects that looked as if they could become incredibly successful and at the end they disappeared like the majority of the coins released back then.

However in the case of the NFT market the scam was way too obvious and yet people still decided to invest in all kind of images, videos and other stuff which will never hold any value for the long term, and this is something that I will never truly understand.

masterrex

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Quote from: AakZaki on July 12, 2022, 04:58:48 PM

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

IMHO, I guess we have common sentiments about NFTs except for the P2E NFT platforms because I already enjoyed and reap the benefits with these platforms and the demand for their NFTs is real because there is money circulating in it. Anyway, about the plain NFTs in the market, I have never invested with them so far because I was doubting their economic value and still asking where the demand is coming from? in these pieces of digital art that were stored on the blockchain.

leea-1334

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Quote from: leea-1334 on July 12, 2022, 04:09:25 AM

Not really if I am being honest the scammers have not gotten smarter, they use the very same ideas in 2016 and 2017, talk about hype, hire influencers, open groups, create fomo. New tech, new tokens, but the same sales tactics are in use and the people who fall for them, surprise! Are also the same type of people.

Trends do not change the tactics,,, and some people refuse to learn lessons.

I'm not interested in NFTs at all. I don't even own an NFT to buy, I have an NFT just a gift from one of the Exchanges. Even now it is worthless. From the beginning, I knew that NFT is very useful for art workers, but to trade for profit is very difficult. Some nft cases have bad endings. For those who bought NFTs during the Hype, they are currently struggling to resell. Until recently even I hadn't touched on NFTs at all, I thought it was just a hype that would quickly end unlike coin tokens that have utility.

Same here,,, I actually have 2 NFTs that were gifted, all I had to do was claim. I know they are shit,,, I know they are worthless and even if I sell now I can get a few dollars minus gas fees but it is all a trick to get you to think there is such a thing as free money.

Sounds familiar right? Like I said, just like in the good old ICO days.

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Quote from: AakZaki on July 12, 2022, 04:58:48 PM

I'm not interested in NFTs at all. I don't even own an NFT to buy, I have an NFT just a gift from one of the Exchanges. Even now it is worthless. From the beginning, I knew that NFT is very useful for art workers, but to trade for profit is very difficult.

NFT art kinda famous for its quirk of having low liquidity that it isn't even worth it as a investment, you just better invest in something else so basically the fact that you don't really get carried away with the trend of NFT justify itself.
right now NFT in general are already fading, even the famous ones has lost majority of its value, I kinda doubt in the future it could be getting its value back, since the values back then was overly inflated.

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Quote from: leea-1334 on July 12, 2022, 04:09:25 AM

Not really if I am being honest the scammers have not gotten smarter, they use the very same ideas in 2016 and 2017, talk about hype, hire influencers, open groups, create fomo. New tech, new tokens, but the same sales tactics are in use and the people who fall for them, surprise! Are also the same type of people.

Trends do not change the tactics,,, and some people refuse to learn lessons.

I'm not interested in NFTs at all. I don't even own an NFT to buy, I have an NFT just a gift from one of the Exchanges. Even now it is worthless. From the beginning, I knew that NFT is very useful for art workers, but to trade for profit is very difficult. Some nft cases have bad endings. For those who bought NFTs during the Hype, they are currently struggling to resell. Until recently even I hadn't touched on NFTs at all, I thought it was just a hype that would quickly end unlike coin tokens that have utility.

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Quote from: lixer on July 10, 2022, 11:50:58 AM

Quote from: LouVandetta on July 11, 2022, 09:00:07 PM

Surely we will treat you as equal to us.But the important thing is,you need to learn of patience on trading to get good amount of payments from it.It will applicable to the NFT also.Because when the market is down,how the people will get investment in NFT.It is highly impossible one mate.So the dollars you had invested in the NFT will return as like a diamond,when the crypto market back to the normal.

No, he wasn't into trading cryptos but he clearly said investing in nfts. Patience is indeed a must on everything that we do here in crypto because like for example on this year, the bear is taking too long to be completed and many are expecting that this can last till next year.

If you don't have a patience, you already sold and look for other faster way to earn. No one is exempted in this bear but everyone is affected including those nft's even if they are slightly different from cryptos. It may not be possible to sell and make a profit right now but this is a good time to invest whether it was a promising nft or a simple cryptocurrency.

Bitcoin, altcoins, nft, defis, all things in crypto require patience for sure. If your whole aim in crypto is to make money in a single week and then retire, you will surely lose more than what you can earn. There are tons of people who can't see this, and that is why they keep on doing worse.

However, if you have patience, it is still not enough because you could invest into something terrible as well. Look at people who invested into Luna for example, that was a bad one and even if they wait 10 more years they will be in a loss. Hence, they should always focus on picking the right thing AND waiting for a long time together. You can't make profit with just one of them, you need both together to make a good profit.

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Quote from: leea-1334 on July 10, 2022, 04:45:10 AM

Takes scammers to run a scam Sad

That's the reality of this crypto world, it takes scammers to run a scam indeed. And it's scary to think that scammers are getting smarter and creative in plotting their scam each passing days. And every single time, there's always those people that fell under their scammy scenarios. They could make the most of the trends at the time to scam everyone, be it a new projects, a copy-cat of other projects or NFTs.

Not really if I am being honest the scammers have not gotten smarter, they use the very same ideas in 2016 and 2017, talk about hype, hire influencers, open groups, create fomo. New tech, new tokens, but the same sales tactics are in use and the people who fall for them, surprise! Are also the same type of people.

Trends do not change the tactics,,, and some people refuse to learn lessons.

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Quote from: leea-1334 on July 10, 2022, 04:45:10 AM

Quote from: serjent05 on July 09, 2022, 05:37:43 PM

I think this kind of fraudulent projects will always pop up every time there is a new trend. Scammers are experts in exploiting the trending and hot talk of the industry. They even release several fraudulent projects at the same time, either copying other ideas or creating non-feasible ideas. And still unwarry investors always take the bait.

And as much as I want to fell sorry for the people who get scammed because they took the bait,,, in my experience many of them are not even first time scammed.

Just as many scam projects are actually having the same owners behind them,,, the same fake influencers and shillers,,, you also have the same set of speculators.

Takes scammers to run a scam Sad

That's the reality of this crypto world, it takes scammers to run a scam indeed. And it's scary to think that scammers are getting smarter and creative in plotting their scam each passing days. And every single time, there's always those people that fell under their scammy scenarios. They could make the most of the trends at the time to scam everyone, be it a new projects, a copy-cat of other projects or NFTs.

Because when the market is down,how the people will get investment in NFT.It is highly impossible one mate.So the dollars you had invested in the NFT will return as like a diamond,when the crypto market back to the normal.

If only it was that easy. Sadly, once you invested on NFTs or any other projects, it didn't guarantee you that the price will bounce back or recover even when the market's prices back to normal.

serjent05

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Surely we will treat you as equal to us.But the important thing is,you need to learn of patience on trading to get good amount of payments from it.It will applicable to the NFT also.Because when the market is down,how the people will get investment in NFT.It is highly impossible one mate.

Before telling them to be patient, they should take advantage of the information first. Knowledge beats almost everything even the attempt of a scammer to scam people. So put the patience on digging for information about new and available NFTs that you have an interest in. Study them and check them for red flags. If you are still uncertain then don't hesitate to pass.

So the dollars you had invested in the NFT will return as like a diamond,when the crypto market back to the normal.

It isn't that simple, thanks to the scammers and money-grab devs that exploit NFTs. Aside from that, the market trade isn't that easy because of lots of competition out there.

lixer

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Quote from: serjent05 on July 09, 2022, 05:37:43 PM

Surely we will treat you as equal to us.But the important thing is,you need to learn of patience on trading to get good amount of payments from it.It will applicable to the NFT also.Because when the market is down,how the people will get investment in NFT.It is highly impossible one mate.So the dollars you had invested in the NFT will return as like a diamond,when the crypto market back to the normal.

No, he wasn't into trading cryptos but he clearly said investing in nfts. Patience is indeed a must on everything that we do here in crypto because like for example on this year, the bear is taking too long to be completed and many are expecting that this can last till next year.

If you don't have a patience, you already sold and look for other faster way to earn. No one is exempted in this bear but everyone is affected including those nft's even if they are slightly different from cryptos. It may not be possible to sell and make a profit right now but this is a good time to invest whether it was a promising nft or a simple cryptocurrency.

leea-1334

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I think this kind of fraudulent projects will always pop up every time there is a new trend. Scammers are experts in exploiting the trending and hot talk of the industry. They even release several fraudulent projects at the same time, either copying other ideas or creating non-feasible ideas. And still unwarry investors always take the bait.

And as much as I want to fell sorry for the people who get scammed because they took the bait,,, in my experience many of them are not even first time scammed.

Just as many scam projects are actually having the same owners behind them,,, the same fake influencers and shillers,,, you also have the same set of speculators.

Takes scammers to run a scam Sad

usekevin

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Surely we will treat you as equal to us.But the important thing is,you need to learn of patience on trading to get good amount of payments from it.It will applicable to the NFT also.Because when the market is down,how the people will get investment in NFT.It is highly impossible one mate.So the dollars you had invested in the NFT will return as like a diamond,when the crypto market back to the normal.

serjent05

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Just like into that ICO boom where people do really believe that it could bring out fortune into them until the market had been flooded out by lots of shit and garbage projects which we dont really need.

People are always attracted to high profit in a short time. Even though there are several red tags and warnings regarding the possible loses on this kind of high-risk investment, they just don't listen.

Lots had been scammed and lots had lost their money or investment but people or the community doesnt really learnt up from those mistakes and keep supporting and investing on things which are obviously scam and not really worthy and from ICO we do see IEO,Defi and here comes NFT and we dont know on whats next.

I think this kind of fraudulent projects will always pop up every time there is a new trend. Scammers are experts in exploiting the trending and hot talk of the industry. They even release several fraudulent projects at the same time, either copying other ideas or creating non-feasible ideas. And still unwarry investors always take the bait.

Every investment does have risk which it is depending on someone where they would really be that mindful on following risk management and good emotional handling.

Aside from that, they should always check the developer's true background because it is rampant in this crypto industry to fake the developers background.

sana54210

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Just like into that ICO boom where people do really believe that it could bring out fortune into them until the market had been flooded out by lots of shit and garbage projects which we dont really need.

Lots had been scammed and lots had lost their money or investment but people or the community doesnt really learnt up from those mistakes and keep supporting and investing on things which are obviously scam and not really worthy and from ICO we do see IEO,Defi and here comes NFT and we dont know on whats next.

Every investment does have risk which it is depending on someone where they would really be that mindful on following risk management and good emotional handling.

I think we are not at that level of NFT anymore, we are at a level where it's bear market so only the good ones are getting any attention. I am still seeing some amazing art work, and not just like 10k collection type of ape shit, I mean like real art work by the artists, are getting sold for a high amount. Just recently I saw someone sold their art for 1 million dollars, without a problem, and that was just one digital product.

This is why NFT is still alive, it is just not alive for the people who are trying to scam others by doing silly ape stuff or punk stuff or whatever. That type of stuff will not fly anymore, people are not willing to spend much anymore.

RussiaUkraineTranslation

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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

If you want to dip your toes into NFT investing, try participating in some NFT airdrops or bounties first. This way you can try trading/flipping your NFTs and see if it's profitable for you before you jump in the deep end of the pool. I know that MAXX . Finance has a free NFT giveaway going on right now on their website. The NFT will be used on their upcoming DeFi platform, so in addition to being rare it will have real world utility (unlike most NFTs which are just art) and should be worth a lot of money on the secondary market.

GreatArkansas

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NFT market after the huge dump recently got REKT. To be honest, even how quality the project is they are dumped together with the entire cryptocurrency market.
For me, I don't hate NFT but last time it went crazy, it is during a bull market when everything is pumping. So for me, waiting for it to happen again is a good entry, maybe there is a new trend that will cause hype, we will never know if it's still NFT or still NFT just another wave.

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Quote from: CapGelatik on July 04, 2022, 12:55:52 PM

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

As a result of the bear market, it is extremely difficult to make a profit from investing in NFTs at the moment, since most of the NFTs have dropped considerably in value. If you love it but are still not completely sure then you better not invest. If you invest in anxiety and insecurity, it will make you unstable and prone to wrong actions. You should look at the top coins during bear season, wait for the bull season to come and see if NFT generates any more hype. It's not too late to invest at that point.

Iyeman

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honestly majority of the NFT has been having massive correction, so I guess most of them have been showing their true worth, so if you wanna invest I guess it's the best time, regardless though most of the NFTs are lacking in liquidity
you could invest in them but you could hardly liquidate the NFT arts and the likes. so basically even if we are in rallies NFT is still a really bad choice for investment since there's small liquidity and there are just better investment alternative out there.

Oceat

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NFT projects are currently getting slack, because this is indeed the effect of a bear market,
not many new projects have achieved good results, one of which is the NFT project, but if the bulls return,
I'm sure NFT will also get excited again, I hope. only time will tell.

I have to disagree somehow since NFT was just driven by the hype that's why it's so trendy in crypto space but in reality those who owned it made a lot of money than those who buy it. Plus not to mention the stealing of different artworks from someone without putting the real credit to the owner... it's so rigged just like how those ICO and other new alt projects.

Maybe bear market would have a little effect on the NFT market but it still doesn't change that they were just so trendy because of the hype created everywhere.

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Quote from: wxa7115 on July 08, 2022, 12:12:47 PM

Quote from: Teraboy on July 04, 2022, 05:43:48 PM

we are currently in a downtrend and NFT are the ones that gets affected the most, it's right now a bad idea investing in NFT honestly because it seems the trend is already over too.
it also seems that NFT has finally showing its true worth instead of its inflated worth that we have seen in most of NFT platform few months ago.
there is still a lot uncertainty in regard of whether an NFT could ever regain its former glory in the future.

Correct, I do not see where people see any kind of uncertainty at the NFT market, most people have always seen in the NFT market a manipulated market full of scammers and useless products that at the end will be worthless.

And surprise surprise that is exactly what happened, so while I am sorry for all of those which let the hype get through their heads and bought those useless coins at the end they are getting exactly the results the community thought they will get, so they have no one to blame but themselves for their losses.

Just like into that ICO boom where people do really believe that it could bring out fortune into them until the market had been flooded out by lots of shit and garbage projects which we dont really need.

Lots had been scammed and lots had lost their money or investment but people or the community doesnt really learnt up from those mistakes and keep supporting and investing on things which are obviously scam and not really worthy and from ICO we do see IEO,Defi and here comes NFT and we dont know on whats next.

Every investment does have risk which it is depending on someone where they would really be that mindful on following risk management and good emotional handling.

wxa7115

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Quote from: Teraboy on July 04, 2022, 05:43:48 PM

we are currently in a downtrend and NFT are the ones that gets affected the most, it's right now a bad idea investing in NFT honestly because it seems the trend is already over too.
it also seems that NFT has finally showing its true worth instead of its inflated worth that we have seen in most of NFT platform few months ago.
there is still a lot uncertainty in regard of whether an NFT could ever regain its former glory in the future.

Correct, I do not see where people see any kind of uncertainty at the NFT market, most people have always seen in the NFT market a manipulated market full of scammers and useless products that at the end will be worthless.

And surprise surprise that is exactly what happened, so while I am sorry for all of those which let the hype get through their heads and bought those useless coins at the end they are getting exactly the results the community thought they will get, so they have no one to blame but themselves for their losses.

ven7net

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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

As for the uncertainty, it is probably now in many and in different markets. Of course, this is due to the current situation in the world. As for the uncertainty in the NFT market, one thing can be said here, no one can know for 100% what will happen next, so all decisions that are made are made at your own risk. NFT, of course, did not appear today or yesterday, and therefore, to some extent, they have already been successful. However, now that many NFT markets are in a downturn, it may also be influenced by this, hence the uncertainty. I think that we need to wait until the crisis is over, and then the uncertainty will probably go away and there will be more opportunities to achieve success, including in working with NFTs.

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Why are you feeling uncertain? The price already dumped so hard and the hype was gone but the main reason must be the bearish trend. During the bearish trend and everything will be wiped out from the market. It odens't even matter what it is and a lot of new tech will be going down as the demand to invest were also decreasing a lot. I think that this time is the best time for the accumulation mode. Im sure that if people aware about that.
I have been also accumulating more and more tokens from the NFT project. I were picking it caused by token was liquid compared with NFT which illiquid.

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Quote from: CapGelatik on July 04, 2022, 12:55:52 PM

Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000 and ETH below $1,000 before another rout

Most NFT are down in a big way because there is actually no demand for them. It was very popular due to hypes and who knows if those NFT sold at million price is a legit sale? Wash trading is rampant in cryptocurrency especially when they are hyping the market. So it won't surprise me if they are just buying their own NFT just to create hype or noise in the market.

NFT projects are currently getting slack, because this is indeed the effect of a bear market,
not many new projects have achieved good results, one of which is the NFT project, but if the bulls return,
I'm sure NFT will also get excited again, I hope. only time will tell.

I don't think NFT will be hyped again when the bull market comes. Before many do not know about it and were affected greatly by hype so they jump in without thinking. Now that they saw that NFT isn't something special I doubt people will get hype again.

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we are currently in a downtrend and NFT are the ones that gets affected the most, it's right now a bad idea investing in NFT honestly because it seems the trend is already over too.
it also seems that NFT has finally showing its true worth instead of its inflated worth that we have seen in most of NFT platform few months ago.
there is still a lot uncertainty in regard of whether an NFT could ever regain its former glory in the future.

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NFT projects are currently getting slack, because this is indeed the effect of a bear market,
not many new projects have achieved good results, one of which is the NFT project, but if the bulls return,
I'm sure NFT will also get excited again, I hope. only time will tell.

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Quote from: virasisog on July 03, 2022, 12:13:09 PM

Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000 and ETH below $1,000 before another rout

Especially I think because NFT biggies like BAYC are priced in ETH,,, yes, as soon as ETH trades for one entire week below 1k, these NFT floor prices are going to drop beyond what we think is possible.

The naughty NFT tricksters are up to wash trading tactics again also I am hearing on some marketplaces and STILL only can make 10% of February trading volume!

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Quote from: 2tang on July 03, 2022, 08:47:14 AM

Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000 and ETH below $1,000 before another rout

The benchmark always points to the best coins like Bitcoin and Ethereum because that is the basic thing that traders who are very active in the market always look at, because you yourself can see when both are still trending down, the market conditions are always not in a good category.

You can rely on Bitcoin and Ethereum as the market situation basis because most altcoins, as well as NFTs, rely on them but for me, the current market season is not a good time to invest in NFTs but rather potential and top coins that could resist the bear season. You can actually check the previous market history so you'll have an idea of the possible things that could happen.

That's right it's better with the current conditions we take advantage of to buy or invest in potential coins than NFT,
actually it depends on individual preferences but for me NFT is not promising,
What's clear is do research first and all decisions are in our own hands

Slow death

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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 suggest you take a lot of time doing research on google and youtube and on this forum, but giving a piece of advice:

do not put your money in these NFTs at this time when the market is in great uncertainty about which direction the price will go

I'm new here please treat me well Tongue

why do you think like that? looks like you're not a new member

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Quote from: goaldigger on July 02, 2022, 04:57:17 PM

Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000 and ETH below $1,000 before another rout

They have been down all along with the market. We don't know once bitcoin recovers big time if they're also going to recover.
We still don't know if this is going to be up again once the whole market is up too. I'm thinking of the same craze and mania for ICO and NFT, and we shall see if there's really a resemblance for each of them and if it happens, we'll see that it won't be the same as before.

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Quote from: Balmain on July 02, 2022, 12:26:16 PM

It's too late to make money from NFT, when I say this, I'm not saying that NFTs are over, it's just that the interest has decreased now, but it's something that won't disappear, I think you should stay away for now, but you can follow it. You should distribute your money in a safer way, if there is interest again, then if you make small nft purchases, I think you will have made a cautious entry into the market.

There’s still a buyer but not like before, maybe the bear market affects those investors again and they just want to own real coins with a good utility, NFTs right now is on a big trouble because if they can’t survive this bear market, what more in the future. If OP still decided with NFT, better to analyze again and go for the top NFTs, I just don’t advise to buy any NFT art here, that expensive art might not be worth it anymore in the future.

I think people force themselves to be smarter after every cycle of the bear market. It was the ICO and all of it variants back then, 2018. After the 2018 bear market has gone, no one care to those ICOs anymore. I think the same will happen to NTFs after this bear market is gone. Look for the next market trend instead of the already overhyped and lack of momentum NFTs.

virasisog

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Quote from: 2tang on July 03, 2022, 08:47:14 AM

Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000 and ETH below $1,000 before another rout

The benchmark always points to the best coins like Bitcoin and Ethereum because that is the basic thing that traders who are very active in the market always look at, because you yourself can see when both are still trending down, the market conditions are always not in a good category.

You can rely on Bitcoin and Ethereum as the market situation basis because most altcoins, as well as NFTs, rely on them but for me, the current market season is not a good time to invest in NFTs but rather potential and top coins that could resist the bear season. You can actually check the previous market history so you'll have an idea of the possible things that could happen.

2tang

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Quote from: goaldigger on July 02, 2022, 04:57:17 PM

Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000 and ETH below $1,000 before another rout

The benchmark always points to the best coins like Bitcoin and Ethereum because that is the basic thing that traders who are very active in the market always look at, because you yourself can see when both are still trending down, the market conditions are always not in a good category.

minhtra

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Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000 and ETH below $1,000 before another rout

Quidat

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DGbet.fun - Crypto Sportsbook

Quote from: Balmain on July 02, 2022, 12:26:16 PM

It's too late to make money from NFT, when I say this, I'm not saying that NFTs are over, it's just that the interest has decreased now, but it's something that won't disappear, I think you should stay away for now, but you can follow it. You should distribute your money in a safer way, if there is interest again, then if you make small nft purchases, I think you will have made a cautious entry into the market.

There’s still a buyer but not like before, maybe the bear market affects those investors again and they just want to own real coins with a good utility, NFTs right now is on a big trouble because if they can’t survive this bear market, what more in the future. If OP still decided with NFT, better to analyze again and go for the top NFTs, I just don’t advise to buy any NFT art here, that expensive art might not be worth it anymore in the future.

When hype is over then expect that there would really be in less purchase of nft's which its normal specially now that there are lots of rugpulls that do happen specially talking on those nft games
and if we do talk about those images then i dont really see the potential of it and dont know why there are still people who do really fan on buying shitty images just because they do believe that
it could really be having the potential to rise its value in upcoming years to come. Uncertainty is normal because we do know that trends do come and go thats why its normal
that we would see that it do really changes.

goaldigger

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Quote from: Balmain on July 02, 2022, 12:26:16 PM

It's too late to make money from NFT, when I say this, I'm not saying that NFTs are over, it's just that the interest has decreased now, but it's something that won't disappear, I think you should stay away for now, but you can follow it. You should distribute your money in a safer way, if there is interest again, then if you make small nft purchases, I think you will have made a cautious entry into the market.

There’s still a buyer but not like before, maybe the bear market affects those investors again and they just want to own real coins with a good utility, NFTs right now is on a big trouble because if they can’t survive this bear market, what more in the future. If OP still decided with NFT, better to analyze again and go for the top NFTs, I just don’t advise to buy any NFT art here, that expensive art might not be worth it anymore in the future.

hugeblack

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They are currencies linked to media hype. When it starts rising, it will rise and vice versa. But what is happening now is not encouraging, and therefore it may be an ideal opportunity if you believe that this technology has value. Otherwise, it is better to invest in something you can believe in.
In general, I do not expect it to move positively during the next two years.

Jody.Drummer

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Leading Crypto Sports Betting & Casino Platform

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

You are asking in the right place!
So don't hesitate to ask anything you want to know. All members are very friendly and will give you various answers.

In my personal opinion, not only NFT but altcoins are currently in a state of uncertainty as the bear market starts to turn bad for all prices. Talking about NFT it will go much further due to excessive price and image manipulation. So if you are interested in NFT, then reconsider undoing the intention. Try to research further as far as you can. There is still a lot of time to learn, make sure you really have the right decision. It should also be remembered that investing in NFT is one of High Risk and High Return, NFT is also for me very different from crypto in general.

Balmain

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It's too late to make money from NFT, when I say this, I'm not saying that NFTs are over, it's just that the interest has decreased now, but it's something that won't disappear, I think you should stay away for now, but you can follow it. You should distribute your money in a safer way, if there is interest again, then if you make small nft purchases, I think you will have made a cautious entry into the market.

tokeweed

legendary

Activity: 3976

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Life, Love and Laughter...

Anybody investing they're hard earned money into NFT's should expect the money to be trapped for quite some time imho. As already mentioned itt, these things are highly illiquid... Meaning it's hard to sell for the price you want if you already want out of the investment. But it could be lucrative just like the ICO's of old. By that I mean 2016 - 2017.

wxa7115

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Bitcoin is GOD

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

There is no uncertainty at all, investing in NFTs is a bad idea, I would even argue that it was a bad idea to invest in them even when they were going up in value and everyone was talking about them as their value was based on nothing but hype.

And now that the hype has passed all of the people that are still holding NFTs are finding out there is no one they can sell them, meaning they paid a fortune for something that anyone can enjoy anyway and now they do not have anything to show for the massive investment they made.

jostorres

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Activity: 2576

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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

You mean you wanna know if there are ongoing uncertainties in nft's? But why and what if we say there are? Will you use that as your advantage and you will invest more? Well that strategy is a good one only if you will apply that on the standard cryptos but for the nft's? Nah, I don't think so.

There are really uncertainties going on even on the top crypto projects because we are on a bearish season but the uncertainties going on for the nft's are different. It was permanent because their hypes are already over and even if the bear season ends and bull run takes its place, the situation for the nfts are still going to be the same so think about it before you invest on them.

shinratensei_

legendary

Activity: 3276

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Leading Crypto Sports Betting & Casino Platform

NFT arts in general are a big no since they heavily lacking in liquidity even if they are valued that high.
If it's an NFT game with real sustaining economic model then most of the time it's great for investment.
though the current market is in heavy downtrend so don't think most of the NFT projects gonna recovery anytime soon.
Instead it's still a great time to accumulate as most of NFT projects are losing their value heavily.

wheelz1200

legendary

Activity: 3780

Merit: 1418

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

99% scams steer clear unless you want to donate your money. Seriously though does it seem logical that these "art projects" deserve the money that's being thrown at them. If your answer is no you are on the right track, if you think yes then have someone else adage your money and thank me later lol. Seriously though steer clear.

Johnyz

full member

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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

NFTs are too risky, because of the hype and the possibility of losing the hype. Though as of the moment, there’s still a good numbers of NFTs currently listed in the market, and you might want to do more research about it before investing. I still believe that NFTs era is not end yet, after this bear market most of the NFTs will rise again, especially the P2E platforms.

ryzaadit

legendary

Activity: 2688

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You're late.

NFTs hype now is over, we can take from basic simple research from "Google" search peek about "NFTs". Is now showing lack of interest, another example from Restaurant who vouch "Bored Ape" with payment Crypto & NFTs is no longer accept that.

One bad things investing on NFTs is about the orderbook, in some case you can't even find a buyer. So try to educated you're self, and think twich to investing in NFTs.

Beparanf

hero member

Activity: 2954

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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.

Psynthax

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Activity: 2366

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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.

2tang

sr. member

Activity: 1414

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Undeads.com - P2E Runner Game

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.

bittick

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Cryptocasino.com

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.

hd49728

legendary

Activity: 2044

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Not your keys, not your coins!

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.

batang_bitcoin

hero member

Activity: 3080

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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.

Oilacris

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