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.
Hype is temporal and that's why those projects that have been built through it, didn't last long. I'm not telling that all NFTs are shit, there could really be a very few of them that might be worth to take a shot but it's like random, totally luck is what you need on it.
It's because there could be some sales like this[1].