Post
Topic
Board Speculation (Altcoins)
Re: What's your take of NFTs?
by
fortuner
on 27/04/2022, 08:43:08 UTC
What's your take of NFTs?
NFT is a great breakthrough in the crypto field. NFT also paved the way for mainstream companies to enter the industry. since last year NFT has grown very rapidly, even according to data from opensea, the trading volume of NFT has reached 6 billion USD.

Do you think are a long term solution/investment or just hype??

although growing very rapidly, but NFT is not a viable type of investment. long term or short term, for me it will be very difficult to make a profit if the Hype of an NFT has faded. NFT is good, but not suitable for investment, you could say we can only get profit when the hype is still there, but after that the price of NFT will fall and you will not get anything.

That's why I don't invest in NFT because over time the hype for NFT will slowly fade away.
At this time maybe NFT is still widely used as a payment tool for games, but in the future will NFT continue to survive like this?