we are currently in a downtrend and NFT are the ones that gets affected the most, it's right now a bad idea investing in NFT honestly because it seems the trend is already over too.
it also seems that NFT has finally showing its true worth instead of its inflated worth that we have seen in most of NFT platform few months ago.
there is still a lot uncertainty in regard of whether an NFT could ever regain its former glory in the future.
Correct, I do not see where people see any kind of uncertainty at the NFT market, most people have always seen in the NFT market a manipulated market full of scammers and useless products that at the end will be worthless.
And surprise surprise that is exactly what happened, so while I am sorry for all of those which let the hype get through their heads and bought those useless coins at the end they are getting exactly the results the community thought they will get, so they have no one to blame but themselves for their losses.
Just like into that ICO boom where people do really believe that it could bring out fortune into them until the market had been flooded out by lots of shit and garbage projects which we dont really need.
Lots had been scammed and lots had lost their money or investment but people or the community doesnt really learnt up from those mistakes and keep supporting and investing on things which are obviously scam and not really worthy and from ICO we do see IEO,Defi and here comes NFT and we dont know on whats next.
Every investment does have risk which it is depending on someone where they would really be that mindful on following risk management and good emotional handling.
History just repeated itself, however I will say that at least back in the ico days I could see why people got excited about them, as there were a lot of projects that looked as if they could become incredibly successful and at the end they disappeared like the majority of the coins released back then.
However in the case of the NFT market the scam was way too obvious and yet people still decided to invest in all kind of images, videos and other stuff which will never hold any value for the long term, and this is something that I will never truly understand.