Post
Topic
Board Altcoin Discussion
Re: Can NFTs last forever?
by
shinratensei_
on 12/09/2023, 22:05:03 UTC
NFTs are really not a good investment, there is no future value they wont last forever.
simple statement but its its true, NFT so far hasn't really been a good investment most of it are just getting driven by current hypes and thats it, once it losing its popularity so does the value also lost.
i've seen so many NFT that was valued so high, even millions, now doesn't even have any value, no one is trying to bid for it, so basically its valueless since there is no liquidity despite the fact that the owner giving it high value, if there's no liquidity whats the use then, basically it has lost all of its value now turning into worthless NFT.
the NFT that could hold on for long I assume is those utilised heavily in gaming platform, but even then, the gaming platform itself hardly retaining any community left, let alone their NFT. its overall just really bad investment.