Share with me your story and the reasons why you switched from crypto investing to nft? 🙂
I never seeing NFT as an investment instrument and why? 1. NFT was illiquid
2. It's pretty much the same like art
3. Value determined by personal view
4. Mostly of these assets were not having any value on it.
5. Lack of utiltilities
6. many more bad things about NFT
Switching from crypto to the NFT is the worst choice that has ever been taking by crypto investors. Why do they need to switch from liquid asset with more utilities to the useless illiquid assets without any utilties? i guess the only NFT that's worth to hold is hyped NFT like crypto punks but the price of NFT was also going down so hard.
What was the reason behind it? And what was interesting about it? 😉
As i explained above. there are lots of reasons to not consider NFT as an investment. It will become a big fault if you are still seeing NFT as an investment. Your money that used to buy NFT might be gone caused by there will be no demand any more for your NFT. The old owner of NFT might be lucky enough to have you as a buyer for his NFT. think about that.