Quote from: ivopower31 on March 29, 2022, 12:12:22 PM

I want to invest in NFT's and Everyone can vote for what they think is the most promising project. Maybe this helps others

Many of these NFTS are illiquid, so if you are buying any NFT you have to be very careful. Non fungible token has been a huge trend this year and lots of investors are getting in, but most of them do not do a proper research before buying an NFT. You have to be careful so that you don’t end up with a JPEG that has no value and won’t be able to be sold in the future.

So, anything you are buying should be something that you believe has a really good value and there is the possibility of you selling it in the future if you want. With the way that I am seeing things right now, there is no doubt that many NFT’s in the market are going to fail. So, thread carefully on this ground.

Quote from: $anounimus$ on March 30, 2022, 06:15:04 AM

The world of NFT is too complicated and every day a new NFT appears, it is very important to know how much it costs. Usually, users only find out after selling the NFT. So traders usually aim for high profits, for example after rising 100%, they will sell in order to cover costs, and if you want to join an NFT project, choose one that has strong fundamentals and is supported by big companies, such as NFT Phantom Galaxies and choose a network with a fee low like NFT Matic Network.

Yes, NFTs that are worth considering should be the ones that has strong fundamentals. And there are many of them that are being released in the market every day, so people who are looking for NFTS to invest in has to be careful with these choices that they are making.

Unless you are just someone who see’s an art that they like on NFT and you just feel like you would like to buy it and keep, with no intention of reselling it in the future. But if you have plans of buying and selling the NFT later when thevalue might have increased also, then you have to be very careful with the choice you are making and make sure that the NFT you are selecting is something that you can resell.