Quote from: zanezane on October 02, 2021, 03:38:13 PM

Quote from: pawanjain on October 02, 2021, 02:18:44 PM

Quote from: zanezane on October 02, 2021, 06:55:13 AM

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You are right. Make hay while the sun shines has become the mentality of these NFT Devs and they are making millions of money just by launching shit NFTs.
I have arts which look like shit being sold for more than 10 sol which is almost more than $1500.
The NFT trend is in a good hype these days but I don't think it will last long. So taking profits while we can is the best strategy for now.

But we also have to understand that we need to not just find one hit wonder projects because long-term should be the goal in the first place although now there's more devs that are doing this, aiming for the long-term with their NFTs like Axie Infinity.

I would like to agree with the point of the long term goal but very few of the current projects are worth investing for a long term.
Most of the other projects are just like a pump and dump scheme since they get the initial pump but then people start dumping them.
It feels like the ICO era is back but just in a different way. This time it's the NFTs that are in place of the ICOs.