I have some capital and I will like to know the right token to investment in. Am new to NFTs and will love to get your opinion on which NFT to buy for a short term base.
There are many NFT projects available today, almost 50% of NFTs have good projects, you need to study first if you want to invest, to find out which NFT has good prospects, assuming short-term investment as the pattern you choose, but not investment can be made if there is no strong reference source, to support the decision to choose investment in NFT, this is not what I can describe specifically for NFT, considering that not everyone has the same level of trust in one project.
It must be borne in mind that NFT projects can turn out to be an investment with a lot of risk, I have seen emreger projects until their currency reaches levels never before reached, and they generate a high profitability but then a bad calculation on the part of the devs and they start to extract money from the same game and they begin to kill it, it is true that the only interesting game that is still maintained is AXIE, although it is a game that its SLP is far below normal, the gains could be given in a way passive but that requires effort to achieve it, this is due to the number of drinks, the level of study of each axie and their respective ability.
I think the NFT ecosystem is not as vibrant as the Metaverse ecosystem because the metaverse combines both NFTs (non-fungible tokens) and AR (augmented reality). Big tech companies and investors are now focusing more on the metaverse than NFTs. By the way, buying NFTs is a big risk if you don't have the experience because unlike cryptocurrencies you'll struggle in trying to sell them.