As good as NFT sounds to me there is another part of me that just feel like NFT is nonsense, crypto investors are pumping billions into a cartoonish looking monkey for what? To store that money or hope to get bigger money later? I smell perfect way of embezzling dirty money, illegal shit and so on
The fact that the NFT market is pumped to billions, then we can say it's a worthy market and not just non-sense or shit. Many investors come here making it a wealthy and active market. Seeing the volume in OpenSea and AtomicHub, the daily volume is insane.
We can apply here the idea the same with hype altcoins. Let's take part in the opportunity to earn here. There's money here with the right strategy.
The size argument is not really compelling, we have seen many coins get to a huge size and then collapse out of nowhere as people finally realized they were investing in a scam, we have seen this in other markets as well, so just because NFTs have a lot of money changing hands this does not necessarily mean the market is strong or anything like that, just look at what happened with icos, they were incredibly strong as well until they were not, and something similar could happen to NFTs as well.
