Re: THE BULL RIDE OF 2021

With the current epidemic situation, many people are looking for ways to earn extra income without having to leave the house, can see that playing games and bringing in huge profits gradually becomes a fever small in the digital currency community. It would not be too surprising if this trend brings new strength and attracts many people back to the market.

Yes, this is one of the many reasons why NFT games now are bullish, it started with Axie Infinity which is an NFT game.
I am also afraid for people who are entering this new trend without the knowledge or knowing the risk, they should be aware of the risk too so in the future, they will not blame other people if something will go wrong.

But aren't the rewards gradually shrinking with the number of people flowing into this market segment? When I read about these huge APRs, I always think that it must go down. There are projects offering thousands of % APR, but it can't work out for everyone if the number of people constantly grows in those pools. Did anyone profit from these huge APRs?

The reward gradually shrinks step by step as many people are interested in investing in those projects but not too soon because the project still wants to attract more people to invest in their project. If the project offers thousands of % APR, that does not mean the token price will increase because sometimes, the price will stay at the current price and it will increase slowly. But if the project does not have useful or utility to people, the price will not go to any high price and the project will not continue. This year seems NFT takes the position and gives a chance for people to make a big profit but we do not know what will happen later. The trend in crypto will always change so you need to be careful if you invest in any project.