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Author Topic: Is it wise to invest in nft art work?  (Read 560 times)
Sterbens
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August 04, 2021, 05:05:57 PM
 #21

And don't forget that not all NFT end up with good prices, they all have the characteristics and uniqueness of the NFT. Because NFT is made not only as a work of art. Where the value contained is also the most important point. Then what you notice from NFT is how many artworks were released, is it supply, or the artworks made can't be reproduced? Even though it is scattered,
only the people who buy it have a legal ownership license, then pay attention to the aesthetics. It is contained in all the rules and characteristics that must exist in the NFT.

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August 04, 2021, 05:21:51 PM
 #22

I think yes because NFT) is going famous very fast so I think it is wise but first, you should research that NFT is real or fake because NFT can be fake so be careful NFT may not be as reliable as you think 8

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August 04, 2021, 05:41:55 PM
 #23

Investing into NFT is going on as a big trend of the cryptocurrency at present. With that we need to be very careful choosing the NFT for investment. For people who doesn't have a better understanding about the NFT it is like a wild gamble. You invest on an unique art and you might not profit big, but a cheap NFT could get you big reward.

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August 04, 2021, 05:50:31 PM
 #24

It looks like it will be like that but for 100% to happen everything has a process and time and if I'm not mistaken Messi also enters the world of NFT Crypto https://prnt.sc/1j3kdbb

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August 04, 2021, 08:18:57 PM
 #25

There may be some points that make them so valuable. Nft here is digital art, it's the same as art in the real world they don't have a selling price, they sell a work of art with an auction system. it's really confusing they pay for an item without a base price.

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August 04, 2021, 09:19:16 PM
 #26

NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
You are answering your own question and the answer is a clear no, are we going to see a bunch of NFT art being valuable over the next years? I think the answer is yes, however is the majority of that art going to be completely useless and will have no value during the next months or years? And the answer to that is also yes and it is almost impossible to try to predict which piece of art is going to be valuable and which will not so the majority of those that are investing in this market are just wasting their money.



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August 04, 2021, 09:26:03 PM
 #27

NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.

It's like any other market really.  NETS have made a lot of people a lot of money but then there are those that paid high and are stuck with an unsellable asset.  Buy at your own risk.  For my owning an internet picture sounds worthless to me, but that's just me.  Think this is just a fad.

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August 04, 2021, 09:46:55 PM
 #28

not all will be successful, because only some can be successful if it is an art project that has high potential..
will not be able to exceed like bitcoin or altcoin..
The very new ones certainly won't be able to surpass the already popular Bitcoin and Altcoins, because they are struggling to always stay in crypto, while Bitcoin with some of the more popular Altcoins is throwing away the development of new ones for themselves to make them look better.
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August 04, 2021, 10:10:52 PM
 #29

Nft trend is really amazing. I didn't understand the logic of NFT. People now showing great interest toward nft and even simple Images are sold on 50 ETH. I did not understand what will happen to this nft if no buyers there.

I don't know why and I am skeptical about the whole hype about artistic work that everyone are heavily investing on, perhaps because I'm a black man who don't value art work. Only the white value this fine art though its very few but how they threw lots of Ethereum to purchase them surprise me a lot.
NFT has been on trend since earlier this year, if it's something that may not last long, it will be long forgotten but still, they are been shilled here and there.
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August 04, 2021, 10:44:09 PM
 #30

Nft trend is really amazing. I didn't understand the logic of NFT. People now showing great interest toward nft and even simple Images are sold on 50 ETH. I did not understand what will happen to this nft if no buyers there.
I think we are the same, honestly after reading several thread about NFTs I still don't get why most of them are damn too expensive, I got to see a bot account on twitter that always makes a post when ever someone buy a cryptopunk and to my greatest surprise non of those cryptopunks were sold below 100  Shocked, I saw one cryptopunk NFT been sold for over $800k+, I'm still in shocked at how somehow can spend $800k+ on an NFT, I think the NFT hype is just getting started.

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August 04, 2021, 11:10:56 PM
 #31

NFT is a new trend right now. It is likely another hype token type in the crypto world. However, NFT and games are more usable and have more utilities than others. If the NFT is really real use case crypto, it may survive a long time. But I am personally not interested in them getting for a long term. I will prefer to utilize them to get profit in the short term, not for the long term

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August 04, 2021, 11:17:09 PM
 #32

NFT is the trend right now but I don’t see the worth of an art because some are just way expensive so I’d rather to invest more on the NFT games that I see its worth and I can work on that to earn more money. You’ve to analyze if you think Art is worth your money before you invest and don’t invest if its just because of the hype.
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August 04, 2021, 11:37:56 PM
 #33

NFT is the trend right now but I don’t see the worth of an art because some are just way expensive so I’d rather to invest more on the NFT games that I see its worth and I can work on that to earn more money. You’ve to analyze if you think Art is worth your money before you invest and don’t invest if its just because of the hype.
Maybe we're not just really into art if we don't see the worth of that art. I like arts and I don't know how valuable they are to the people that are buying it these days.
I like to see them how they're evaluated but I don't think that I'll buy one for myself. There are just the other things that we're prioritizing and NFT arts are not part of it.

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AliMan
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August 04, 2021, 11:38:34 PM
 #34

NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.

I wondered how to do this, because right now I foresee a good potential for art made by my cousin and maybe it will definitely gather good rewards of hardwork.
Hopefully, everyone who got the talent of art will surely become successful because of this nft art work. Can you share us here now the steps in getting ways how to join or even share talent using nft art?
On this idea I am confident that one day, NFT will soon reach the most profitable value.

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Kelvinid
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August 04, 2021, 11:42:49 PM
 #35

NFT market is booming recently, many people are investing more and more in NFT art work.
But I think the potential of these art work might be overvalued.
Take an example, I've just participated in an NFT art work value prediction on X Predict market.
Most people estimated the final bid value will be more than 150 busdt, but actually it reminds at 77 budst.
I think it's a sign that most nft art work is overvalued.
It's so easy to make nft art work now, the value of the work itself depends on it's art value after all, nft didn't really add anything on art itself.
I'm not sure if this will just stay for long that is why I'd never had the interest to invest NFT tokens for now. What I did is to still observe the market trend. We know how devastating ends when the hypes are over, can't imagine what happens to the previous projects where they all gone after the hypes and that might be possible for the NFT's projects. I certainly don't rush, I simply put my money in a reserve position and wait when the surge is over coz that is the only way to find out if there is a potential or another useless project.
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August 04, 2021, 11:44:07 PM
 #36

Nothing wrong to invest in NFT, but choose the best artworks only. There are too many NFT artworks right now, not all of them are the potential to survive and continue to develop. Just be careful to choose NFT artworks. I suggest buying the most popular and the top artworks, this way can avoid having NFT that may lose their values significantly in the future. You should be smart, not only wise.  Wink
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August 04, 2021, 11:50:16 PM
 #37


Observed it and make a final analysis if it's really wise to invest in NFT artwork.

You can compare it when someone badly needs an item, maybe to collect stuff, and will do everything to get it. The same goes for NFT but in a digital form. The future price of it depends on availability and demand.

Take the example in Godzilla NFTs before on Wax. Lots of Godzilla fans purchase some limited collections, simple as that. But others ride the hype even they don't actually know who or what Godzilla is. They are having a hard time now selling it.

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Dread Pirate Roberts
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August 04, 2021, 11:59:22 PM
 #38

I don't know specifically what NFT artwork which platform you're talking about. which I can remind you is to  invest wisely . and also doing research first. indeed NFT is currently popular but also you have to choose wisely and had to really sure about that, at the end its about your money and asset value . because not everything is worth it.
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August 05, 2021, 12:24:59 AM
 #39

To be honest I never heard of NFT artwork before and how it will provide you exclusive ownership since it is a digital property and it's not some physical thing where you can check whether it's fake or not. Which project are you talking about? do you mind sharing it with us here? I've come across NFT items on online games but not some art works. Maybe it will highlight us when we read more about it.
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August 05, 2021, 02:34:30 AM
 #40

NFT is the trend right now but I don’t see the worth of an art because some are just way expensive so I’d rather to invest more on the NFT games that I see its worth and I can work on that to earn more money. You’ve to analyze if you think Art is worth your money before you invest and don’t invest if its just because of the hype.
I also support this one, NFT games are more active right now and those NFT artwork, only the lucky one will get a huge price for his artwork and for the record not all art was appreciated and being sold in the market, NFT art are quiet crowded already with a little demand.

NFT games is the real trend, there are so many new project and the old one was became active in the past days, they are joining the hype and if its a good Game, I believe its worth buying and playing.

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