Post
Topic
Board Speculation (Altcoins)
Re: Uncertainty in the NFT market
by
saint_casanova
on 03/07/2022, 18:51:17 UTC
It's too late to make money from NFT, when I say this, I'm not saying that NFTs are over, it's just that the interest has decreased now, but it's something that won't disappear, I think you should stay away for now, but you can follow it. You should distribute your money in a safer way, if there is interest again, then if you make small nft purchases, I think you will have made a cautious entry into the market.
There’s still a buyer but not like before, maybe the bear market affects those investors again and they just want to own real coins with a good utility, NFTs right now is on a big trouble because if they can’t survive this bear market, what more in the future. If OP still decided with NFT, better to analyze again and go for the top NFTs, I just don’t advise to buy any NFT art here, that expensive art might not be worth it anymore in the future.
I think people force themselves to be smarter after every cycle of the bear market. It was the ICO and all of it variants back then, 2018. After the 2018 bear market has gone, no one care to those ICOs anymore. I think the same will happen to NTFs after this bear market is gone. Look for the next market trend instead of the already overhyped and lack of momentum NFTs.