It is being seen that there are investors keeping their NFTs as a reserve instead of their coins.
Yes, it is very sad and risky.
Because you need to know about NFT: NFT's are completely illiquid. Each NFT needs a single buyer who decides to buy it and it will be really, really hard for you, to find someone willing to buy your NFT.
Someone needs to see your NFT on Open Sea and pay your price.
A NFT is not like a coin or a token, where much liquidity is around because a coin or a token has many units to be requested by buyers. So many people are willing to buy BTC or a different coin, but how about YOUR single NFT?
It is very unlikely to get a buyer because wise people will know how hard it will be to sell it again. So almost nobody wants to buy a NFT.
Some NFT are already dyed out and a statistic recently has shown a 90% loss of price for a wide range of NFT.
NFT is quite useless.
It's illiquid and prone for a big loss.