Quote from: Cappex on Today at 12:58:20 PM

Quote from: cheezcarls on August 10, 2021, 12:48:27 PM

It’s indeed an interesting space for crypto enthusiasts like me. However, I would rather choose to collect NFTs with special use cases like in most play-to-earn games such as Axie Infinity, CryptoBlades, CryptoZoon, Blankos Block Party, Splinterlands, My DeFi Pet, etc. I also collect some NFTs from airdrops and bought a few on NBA Top Shot.

These collectibles are selling like crazy. Even for a simple art like Cryptopunks, they are ridiculously worth a lot of money today.

The problem with these NFTs is that you cannot sell them if no one buys them and the madness around them could end and you will be left alone with overpaid jpegs.

This is the risk of buying NFT items. So before you buy, assess if it will still fetch good price in the future. Because some of these will be like "obsolete" in nature and we don't know if it will still be valuable. Also, if you are a collector, you should know that selling this type of item may not come easy as not many people can afford the price of NFT items. The risks are there but if you got lucky, you can earn very good profits. Just remember, don't buy just any NFT item that you can encounter. Be selective and scrutinize your chances.