Quote from: Rampagoe004 on Today at 06:44:24 AM

Quote from: FireDAOJackie_Z on April 12, 2023, 06:55:27 AM

Have you ever had the same experience ? What did/would you do ? Please share your opinions.

I once had experience with FOMO. And many of my friends are FOMO. I had heavy losses on SHIBA CFX and Sandbox when NFTs were all the rage. If you do the math I've lost almost 80% on those three projects mainly on Sandbox because I thought that NFTs would be successful. And from that experience I believe that there is nothing good about NFTs.

Usually people buy cryptocurrency during the rise of the market when price of the assets very high. They hope that the rise will continue more and buy assets. But always after the rise of the market there is a fall of the market and many people can not stop to have any profit from investment. During the rise of the market they buy more and more and do not stop. To have the maximum profit from investment it is necessary to buy crypto during the fall of the market.

NFTs more risky for investment that the crypto, and to earn money on NFT it is necessary to understand how they works and what profit you will be able to receive from NFTs.