Quote from: Ziskinberg on February 13, 2023, 10:07:19 AM

Quote from: livingfree on February 13, 2023, 09:42:53 AM

Quote from: Pandji02 on February 13, 2023, 03:13:49 AM

Yeah, for me too. NFT looks like a not really profitable and attractive market now. It has high risk and low reward, no point in investing in it, especially if you're a newbie.

Before it was too profitable.

But we have to accept the fact that it's no longer the hottest thing in the crypto market now. Yeah, before it was once at the peak but it's at its lowest now.

And we don't know if it's going to be up again when the bull run is back. Just to give you some idea, do not expect a lot of things from it because it hasn't got the same hype as before.

A project that has been hyped can no longer be expected to keep on hyped for a long time but only it stays for just a while and losses its popularity.
I admit that I'm investing in a few NFTs during their peak period but never I think to hold them and sell them in a few weeks. Thinking about investing them today is gonna be worthless, we can't assure ROI but possibly it becoming shitcoins. I just recall what happen to ICO before, they seem too hot but in the years coming, they lose their value and become rejected. This can possibly happen to NFT.

Regarding NFT investments, I share your views totaly. There may be short-term gains from investing in a project becuse of the buzz surrounding it, but you should always look at the big picture. Consider the value and practical aplication of a project before investing, just like you would with an initial coin offering. While Bitcon, Ethereum, and other pioneering cryptocurrencies have proven thier durability, not all NFTs are created equal. It's possible that some are here to stay, while others are only passing fads. While ICOs were once a common means to fund projects, the advent of safer and more efficient alternatives has dimished thier usefulness. Each project needs careful invastigation and evaluation to determine if it is a sustainable long-term investment or if it is just another shit..