Is it true that NFT is the best investment in the future?

[Jaered]

I would go ahead and say a yes and no.
Yes, NFT has been the most performing new niche in crypto as far back as early this year(March and April, if I'm not mistaken) and it has drawn a lot of mainstream individuals and corporations like Shaquille O'Neal, Snoop Dogg, MacDonald etc. And more are being drawn in
Now I would say no. Why? With all these interests, its obvious malicious characters would ply their trade in it. For example there are NFT thefts and scams. And outright fakes! So people out there have some NFTs that won't be worth a dime
So in all, be very careful

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[john_nautica]

I don't read any valid points you have, you didn't even know how NFT is a good investment, not because it became famous does it mean it is a good investment. An investment is not for short term but for long term and what do you think the NFT is the best investment in the future? I don't think NFT would be here for long it's just like the DeFi and other projects before.

[TWW]

I don't read any valid points you have, you didn't even know how NFT is a good investment, not because it became famous does it mean it is a good investment. An investment is not for short term but for long term and what do you think the NFT is the best investment in the future? I don't think NFT would be here for long it's just like the DeFi and other projects before.

that's right. projects must continue to grow and adapt to market demands. NFT can't always be a trend for the long term. it's even possible that it will soon recede from demand.
now we can see more NFT projects with many variations. gaming and art are probably what we see more of. at the moment. some platforms are already running and we can see it on the market cap. but for the long term, I think we should choose a better asset.

[ziyaaa]

I'm not sure about the "the best investment" part but I believe that it is one of the biggest opportunities for people in this market now. NFT is completely a new technology and there is a big hype already. People in this market want to see new things also. They don't want to just invest into a coin and wait. In terms of this situation, NFT has been really great for people so far.

[jostorres]

NFT is a very promising investment in the future, if you see the interest of artists and popular figures starting to think about investment patterns here, it is very likely that NFT in the future is a promising investment, plus athletes are starting to target investment here .
It takes special preparation to be part of NFT's investment, considering the positive potential that will happen is something we are waiting for, with NFT's outreach services for fans of Artists, Athletes and Big Figures, it is very possible for NFT to be part of the investments. NFT.

NFT is a really good investment to take on, but this time around things have changed and there are lots of fake NFTs in the market which I don’t really like. These days is quite difficult to find the projects that are legit and the ones that are not legit, if you're not careful you end up buying  NFT that’s not truly what you think and at the end you are regretting that you even invested in them.

These days I am seeing a lot of celebrities and a lot of influencers jumping on NFT and releasing their own to their fans.I have even seen an NBA player who has been advertising his own NFT coming up soon, so it's becoming rampant these days. I hope that anyone who is going for it is going to be very careful about it.

[DoublerHunter]

Nowadays it is hard which one worth to invest, so it is better to make your own research before investing. People compete to buy worthless NFT but surely some of them will be profitable due to obvious Hype on the industry.

^Definitely right.
But there are NFTs projects that not only made increase the price, just like the NFT project pioneer in the play to earn games and that is Axie infinity which is very hot as of now. So I think it depends on the concept they had and probably long last in the future. The number one factor before we go, you can simply manage the risk so that you will be able to survive in trading no matter what happens in the market because you have a goal and you must stick to it.

[adzino]

Nowadays it is hard which one worth to invest, so it is better to make your own research before investing. People compete to buy worthless NFT but surely some of them will be profitable due to obvious Hype on the industry.

So people are buying bunch of "worthless" NFTs and hopes that they will make some serious profit in the future because of the "hype"? You see where the problem is? The whole NFT thig is being hyped. Most of the people aren't buying because they want to "digitally own" the original copy (another thing that makes no sense to me). All I am seeing right now is celebrities and influential people making all those huge profits. Not sure what the future holds for NFT, but if the hype ends, the whole NFT thing is going to end very badly.

[South Park]

Nowadays it is hard which one worth to invest, so it is better to make your own research before investing. People compete to buy worthless NFT but surely some of them will be profitable due to obvious Hype on the industry.

So people are buying bunch of "worthless" NFTs and hopes that they will make some serious profit in the future because of the "hype"? You see where the problem is? The whole NFT thig is being hyped. Most of the people aren't buying because they want to "digitally own" the original copy (another thing that makes no sense to me). All I am seeing right now is celebrities and influential people making all those huge profits. Not sure what the future holds for NFT, but if the hype ends, the whole NFT thing is going to end very badly.

In fact I am pretty sure that the end is is already happening but the difference is that in the case of icos due to the fact all the coins are fungible you can clearly see the market crashing since everyone is free to exchange their coins, but in the case of NFTs as each one is different and non-fungible then this means that even if a crash is underway the crash is silent, I would not be surprised that we see something similar to the Tulip mania in which once some Tulips failed to sell the whole market got in panic and crashed almost overnight.

[coin-investor]

You should do your diligent research if this is the kind of project that is worth holding even after two or three years, NFT are fad or hype you can make short term profit but I doubt if this is still the project worth investing in two to three years, I still believe platform-based tokens are worth investing like Ethereum, Binance Polkadot, they bring something to the community in a long term.

[coinzzzpro]

Where do I register my NFT? A real tool available is needed that will allow me to register my work with the NFT. Please help me find one (ETH, BSC)

[PhucS]

The NFT market is growing in popularity and growing strongly. There have been many people who have made huge profits from it. The special feature that makes them valuable is their uniqueness and owner identification, each NFT-encrypted asset will correspond to an irreplaceable value. Recently, there was a girl who sold her NFT for about 20k USD after being retweeted by Elon Musk, this is crazy. However, not everything is easy, need to learn and choose carefully before investing

[clarkt]

Non fungible token (nft)  is becoming very relevant in Cryptocurrency and outside Cryptocurrency.  The market is huge for nft as it is not limited to Cryptocurrency market alone,  value is been created and tokenized with nft.  The whole lots of different industies will benefit from nft when it's fully developed and this will further bring usefulness of Cryptocurrency to the fore!

[Rigon]

In fact, we've been working on this cryptocurrency for a long time. Here we see the most popular but blockchain network. Several days ago defi There was a platform by the name but it gained popularity very fast but now it is far behind.There is a new platform called NFT which is now somewhat popular in the market.However, this NFT will soon lose popularity and blockchain will be the most popular in cryptocurrency.

[ivankoh]

I think NFT is a big role to create excitement and excitement in this space.  NFT is expanding its popularity and adoption into many different niches, it includes even more variety and surprises as Binance, Coinbase also conduct their NfT marketplace to meet that broad demand,..Reddit is preparing to launch their NFT platform.  Things are moving bigger and I think that's why we should seriously consider NFT for the future.

[Om.monata]

Non fungible token (nft)  is becoming very relevant in Cryptocurrency and outside Cryptocurrency.  The market is huge for nft as it is not limited to Cryptocurrency market alone,  value is been created and tokenized with nft.  The whole lots of different industies will benefit from nft when it's fully developed and this will further bring usefulness of Cryptocurrency to the fore!

that's the advantage of NFT is not limited to just one cryptocurrency position, but NFT covers a lot like the gaming concept that is currently booming. This can make NFT wider in scope and make it the best investment area in the future

[masulum]

Where do I register my NFT? A real tool available is needed that will allow me to register my work with the NFT. Please help me find one (ETH, BSC)

If you want to sell NFT, you can currently sell on Bakeryswap for the BSC network, or on Opensea for the ETH network. To register, you only need to connect your wallet using Metamask. Also make sure that you have BNB or ETH for the NFT mint you are going to sell. If I'm not mistaken, Polygon also has a service to sell NFT, but I don't really know platform to sell NFT on this network.

[Jaered]

NFTs are good investments right now, no doubt. But as time goes on, the law of diminishing returns would set in and the worth of those NFTs would drop due to mass disinterest or better technology would have eclipsed it. This would be around 10 to 20 years from now when crypto world would have matured or come of age

[meldrio1]

I think NFT are still the best investment in the future because some people still buying expensive NFT art which is really crazy but seems it's a good investment in the future because there are some people willing to buy even it is so expensive. NFT games are also good investment and we can generate money by playing the game.

[vaskorabad]

I think its not possible, according to market NFTs only give good profit on hypes except it, NFTs  will not give you any type of profits. So i think its better to invest in top rated coins like btc, eth, sol, bnb etc these type of coins will never disappoint. Day by day these coins will give you profit and profit may be bigger or smaller depending upon your investments.

[lumeire]

I think its not possible, according to market NFTs only give good profit on hypes except it, NFTs  will not give you any type of profits. So i think its better to invest in top rated coins like btc, eth, sol, bnb etc these type of coins will never disappoint. Day by day these coins will give you profit and profit may be bigger or smaller depending upon your investments.

Early investors of NFT tokens have made huge profits and are still making good profits by selling their old investments, I guess if we have the right timing while entering the NFT market then good return can be made over investment as this market is based on the hype and these days the tokens are in demand as well, so why not bank on the hype instead of sitting by and watching others make profit.