People Who Suddenly Get Rich From NFT (non-fungible tokens). Is it true?

[fvb]

It is true but it is half of story and half of truth is not the truth.

Crypto market is very volatile so if you read news like there are people suddenly get rich, become billionaires from NFTs, you should know that there are many people lose money from NFTs.

Fact is it is a zero sum game so if a person get millions of dollars from NFT, it means the amount come from another person (loser) or lot of other people (losers) in the NFT market.

This is exactly what you noticed. And it is true that if something has increased somewhere, then someone has decreased. But people are getting richer and that's a fact. This hype will pass and ardent connoisseurs of this sphere will remain. And in my opinion, this is not as simple as it seems, and you need to understand this from the beginning of creation to the result of the sale.

[LogitechMouse]

This is a 22 year old Indonesia college students that make over $1 million from NFT

https://cointelegraph.com/news/22-year-old-indonesian-boy-makes-1m-by-selling-nft-selfies-on-opensea

those are some people who managed to achieve success from NFT. are you also one of the people who are interested in NFT or maybe you have plunged into it?.

Anyone can make it from NFT but there are many that are not profitable.

This just to show that anybody from around the world can create their own NFT's but to become rich just from NFT's is kinda hard TBH.

Its just wow. That is the word that I say when I saw this article. He just posted his 1000 pictures in Opensea and turned it into money. Correct me but there was a picture of him that is selling as high as an Ethereum. Well, there are some who are buying bored apes for 6 digit figures, there are some who are buying a collection of pictures for $69,000,000 so its possible that somebody can sell any pictures that they want to sell.

[glendall]

not all become rich, some become poor because of NFT
if we look at the success of that person we may think that everything is easy to get, but in reality it is difficult to get the results obtained, all need a process
The Crypto market is very volatile so I can't say NFT can make humans rich because behind someone's wealth there must be someone who is harmed from NFT itself

[Ahli38]

the success achieved in the field of NFT is more to the individual expertise itself. like many artists who enter the world of NFT and achieve success. all of that can not be separated from the expertise they already have before working in the NFT field, namely the field of Artists. they just poured their talent into NFT and it worked.
and to get that skill or talent requires hard work and a lot of time is needed. then it can be said that a result will not lie to your efforts.
Behind success there must be pain.
like NFT ghazali everyday who in fact spends a lot of his time almost more than 3 years every day having to consistently take pictures of himself to be uploaded as an NFT on opensea. then his hard work and consistency deserves a well-deserved reward. and sure enough now he became rich from his hard work through NFT.

[Bitstar_coin]

The reason why some of the nft are bought expensive is the uniqueness of the art, if you have got something unique or of a memorable occasion and turn into nft the price will be high because of the uniqueness, there are many art collectors who don't mind the high price. The sentimental value is what they are after.

[TWW]

The reason why some of the nft are bought expensive is the uniqueness of the art, if you have got something unique or of a memorable occasion and turn into nft the price will be high because of the uniqueness, there are many art collectors who don't mind the high price. The sentimental value is what they are after.

The reason why some of the nft are bought expensive is the uniqueness of the art, if you have got something unique or of a memorable occasion and turn into nft the price will be high because of the uniqueness, there are many art collectors who don't mind the high price. The sentimental value is what they are after.

[Ahli38]

The reason why some of the nft are bought expensive is the uniqueness of the art, if you have got something unique or of a memorable occasion and turn into nft the price will be high because of the uniqueness, there are many art collectors who don't mind the high price. The sentimental value is what they are after.

it is no longer in doubt. for art lovers and collectors. a unique work of art if it has attracted the interest of art collectors then they will not mind the price. they will be willing to pay a price that is unexpected or very high. because for them the beauty and uniqueness of a masterpiece of art is more valuable than money.

and now many art collectors are getting into the world of NFT. then don't hesitate to pour your best work into NFT.

[kojektea]

They are lucky people, I know them in my country. Dinakan gozali everyday is a successful young man whose NFT sold more than $100k and got rich instantly even though he was not a famous person at first. Even some enternaiment and almost everyone in my country try to obey him by selling NFT no one can be as successful as him. It's true that playing NFT can be rich, but what unique ideas do you have for riches?

[vermigerous]

NFT for me is the new hope for a new innovative concept that cryptocurrency brings to some crypto enthusiast that can earn from it. Mostly crypto enthusiast earn in NFT by making an art that has a good impact in the market, some puts the NFT into a virtual game that makes people earn from it by a play to earn NFT scheme. That's how cryptocurrency steps up into a new world.

[Desscount]

The reason why some of the nft are bought expensive is the uniqueness of the art, if you have got something unique or of a memorable occasion and turn into nft the price will be high because of the uniqueness, there are many art collectors who don't mind the high price. The sentimental value is what they are after.

The reason why some of the nft are bought expensive is the uniqueness of the art, if you have got something unique or of a memorable occasion and turn into nft the price will be high because of the uniqueness, there are many art collectors who don't mind the high price. The sentimental value is what they are after.

I think that is the main factor why NFT is valued and bought expensive,
besides that maybe not only its uniqueness but also the value contained in the NFT makes the price expensive,
if we look at it from the point of view of an art collector I think they will be willing to spend money just to buy an NFT that has uniqueness and value

[Mosharafhh]

Yah it is true lots of people get rich by simply buying and creating nft also we saw that only 1 chinese people who creats a nft with his own photo and it was sold 10m usd on binance it was amazing and think about him now he is a multi millioner also last time ape nft holder got a huge amount of nft is it not any special thing on this sector?

[FAYCNFT]

The next blockchain evolution came in the form of Ethereum. Ethereum is also a crypto currency that additionally provides a versatile platform which allows developers to implement “smart contracts.” These smart contracts are packets of code that are connected to a digital asset that confirms the asset as individually unique, traceable and verifiable. These contracts can be applied to anything digital and are basically unhackable and uncopyable. All NFT’s (non fungible tokens) have smart contracts attached to them. NFT’s are simply goods that you can obtain in exchange for crypto, typically Ethereum. In other words, the new money is crypto and NFT’s are the digital goods you buy with your crypto money.

[X-ray]

this kind of thing, basically millionaires emerging out of void, always happens quite frequently in the field that is relatively new since it’s also caused by the huge flows of investment that could be going towards them as an early birds.
regardless with NFT it’s all about making some unique NFT and also a good branding.
like most of the newer NFT that got sold out with crazy value within the auctions, some percentage of that money are going towards the ones that minted these NFT and are the ones that produces the arts, if each NFT could be valued millions, just imagine the money percentage they could literally got out of the NFT auction itself, and they surely gonna produces at least hundreds of NFT if it seeming like profitable for them.
The price of NFT was subjective and it can be bought with any price as long as the buyers have money and it can make the seller become the rich guy

[VRExpress]

Let's not forget that there are millions of NFTs that have good value in the market place but that's it, the worth of the NFT is just there, no one is buying them anyway, I wish I can become lucky with NFTs but I doubt if for small-time investors like me, the few good NFTs always have high value.

[cryptoaddictchie]

Let's not forget that there are millions of NFTs that have good value in the market place but that's it, the worth of the NFT is just there, no one is buying them anyway, I wish I can become lucky with NFTs but I doubt if for small-time investors like me, the few good NFTs always have high value.

Yes those nft arent easy liquidated,  but when you bumped into a good and quality one, you can easily set to a floor price which can easily be sold by some who are looking for those nft. Some valuable nft arent true as they say like floor price is too hight but when you set a price on that one no one buying it. Its due to the fact buyers looking for a good one with packed rarety and has a considerable value for them.