Uncertainty in the NFT market

[mercutos]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

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[serjent05]

If you are uncertain and has doubt don't invest yet.  Try to dig into more information and check if NFT investment is for you.  Not because you have seen many people getting rich because they invest in NFT, then think that they are not you.  Your situation is different from theirs.  They probably got in before the NFT is overly hyped and sold their holdings when the price is on top.  Now the hype of NFT is almost gone, you can probably buy some in low prices but the question is who will buy your holdings.  So better do your research intensively.


A quote from two of the articles I read about NFT

The Future of NFT Investment
NFTs are an exciting creation, and they’re garnering more and more attention as their use cases multiply. The headline-grabbing price tags attached to some NFTs are fueling the fire. However, prudent investors should tread very lightly when thinking about buying these assets because NFTs are highly illiquid and volatile.

Buying them with the hope of achieving triple- or quadruple-digit price returns is not advisable. The real value of NFTs lies in their potential to transform the way markets function and enhance the way we manage and control sensitive information. Here, the sky is the limit.

Nevertheless, if you want to participate in the blockchain movement and see NFT ownership as your way to do it, go for it. However, please do so responsibly. Don’t put a lot of money into NFTs and always strive to establish low-cost positions. Otherwise, you could find yourself in a painful spot — financially and emotionally.

The Bottom Line
The bottom line is that NFTs have pros and cons, but it's probably a bad idea to invest in any asset just because it's tokenized. The fundamentals of investing still apply, regardless of whether an asset's ownership is indicated by a blockchain. Your best move as an investor is to identify quality assets that you'd most like to own, and then do what it takes to acquire them.

[Oilacris]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

Uncertainty is normal considering on how many NFT projects that we do have today and believing into its potential? This would only apply into those NFT's which does have actual utility and not really
just focusing into those HD or Pixelated images.  

If you do see a certain NFT which you do seem that it has potential to be valuable then its up to your call but if not then you could simply ignore.Its your money then its your full
decision you would take.
Dont let others do make decision for you since its your money then its your call on what to do but its not bad to snip out some ideas and advises but still the final decision would be still yours.

[batang_bitcoin]

Welcome!
There's uncertainty in the whole crypto market right now and it always goes like this whenever we see the market plunges a lot. But the uncertainty is more in the NFT world because most projects there have been riding the hype for the entire crypto market.
If you think that you can't bear the risk that it has then don't invest yet. But if you believe on the NFT project that you're looking out, invest only what you can afford to lose.

[hd49728]

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

Investment is a serious activity and must be made after you make due diligent research. Research on NFT technology and on list of NFT projects are considering to pick one of them for your investment.

NFT technology is good but at this moment, people only think of it as a fastest and easiest way to get rich. It is not true. Investment does not mean to get rich quickly. Get rich quickly is for speculation, not investment.

Like you see Facebook (now Meta) invested in Metaverse and have been developing it after a few years. Do they get profit from what they invest in and develop? They have yet gotten profit from it. No get-rich-quick game.

[bittick]

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

Anything during the bearish market looks very uncertain. It's hard to predict how many years needed for the market to recover from the dump and this is the choice that must be made by anyone whether they wanna go for long term or short term.

I have been trying to accumulate some projects tokens related to the NFT development and for me that's quite good for long term. I don't know about short term but if market can recover or doin bulltrap and it can give decent profit as well.

[2tang]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

Investing is a job that involves profits and losses in a balanced way, so there is always uncertainty in Investment, but you need to understand and be familiar with certain products when you want to make an investment so that your profits can be closer to certainty. For NFT I think it's a slightly different thing as usual or like other cryptocurrency products.

[Psynthax]

The bearish market has been making so many NFT in the NFT market was going down so hard on its floor price. The future will be good. The fact that if when market became bullish and everything in the crypto will always be going up and so no matter what happened with the global market as long as bitcoin will be green and everything will be following it. Long term and short term were good but the big questions is if we didn't know when the bull will come.

[Beparanf]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

Follow your intuition because you are feeling this uncertainty and doubt because you something wrong on NFT invesmtent. The majority of NFT projects including the biggest name is down more than 50% since ATH while most of there P2E system and NFTs is almost worthless due to the declining token value which no one already interested on investing more. Follow your feelings this time because it was right to doubt on NFT investment. This is not a good time to invest on high risk sector of crypto which is NFT since most of them are rug pulling there investors slowly.

Everybody on defi is slowly exiting the crypto market right now.

[ryzaadit]

You're late.

NFTs hype now is over, we can take from basic simple research from "Google" search peek about "NFTs". Is now showing lack of interest, another example from Restaurant who vouch "Bored Ape" with payment Crypto & NFTs is no longer accept that.

One bad things investing on NFTs is about the orderbook, in some case you can't even find a buyer. So try to educated you're self, and think twich to investing in NFTs.

[Johnyz]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

NFTs are too risky, because of the hype and the possibility of losing the hype. Though as of the moment, there’s still a good numbers of NFTs currently listed in the market, and you might want to do more research about it before investing. I still believe that NFTs era is not end yet, after this bear market most of the NFTs will rise again, especially the P2E platforms.

[wheelz1200]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

99% scams steer clear unless you want to donate your money.  Seriously though does it seem logical that these  "art projects" deserve the money that's being thrown at them.  If your answer is no you are on the right track, if you think yes then have someone else adage your money and thank me later lol.  Seriously though steer clear.

[shinratensei_]

NFT arts in general are a big no since they heavily lacking in liquidity even if they are valued that high.
If it's an NFT game with real sustaining economic model then most of the time it's great for investment.
though the current market is in heavy downtrend so don't think most of the NFT projects gonna recovery anytime soon.
Instead it's still a great time to accumulate as most of NFT projects are losing their value heavily.

[jostorres]

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

You mean you wanna know if there are ongoing uncertainties in nft's? But why and what if we say there are? Will you use that as your advantage and you will invest more? Well that strategy is a good one only if you will apply that on the standard cryptos but for the nft's? Nah, I don't think so.

There are really uncertainties going on even on the top crypto projects because we are on a bearish season but the uncertainties going on for the nft's are different. It was permanent because their hypes are already over and even if the bear season ends and bull run takes its place, the situation for the nfts are still going to be the same so think about it before you invest on them.

[wxa7115]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

There is no uncertainty at all, investing in NFTs is a bad idea, I would even argue that it was a bad idea to invest in them even when they were going up in value and everyone was talking about them as their value was based on nothing but hype.

And now that the hype has passed all of the people that are still holding NFTs are finding out there is no one they can sell them, meaning they paid a fortune for something that anyone can enjoy anyway and now they do not have anything to show for the massive investment they made.

[tokeweed]

Anybody investing they're hard earned money into NFT's should expect the money to be trapped for quite some time imho.  As already mentioned itt, these things are highly illiquid...  Meaning it's hard to sell for the price you want if you already want out of the investment.  But it could be lucrative just like the ICO's of old.  By that I mean 2016 - 2017.

[Balmain]

It's too late to make money from NFT, when I say this, I'm not saying that NFTs are over, it's just that the interest has decreased now, but it's something that won't disappear, I think you should stay away for now, but you can follow it. You should distribute your money in a safer way, if there is interest again, then if you make small nft purchases, I think you will have made a cautious entry into the market.

[Jody.Drummer]

Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well

You are asking in the right place!
So don't hesitate to ask anything you want to know. All members are very friendly and will give you various answers.

In my personal opinion, not only NFT but altcoins are currently in a state of uncertainty as the bear market starts to turn bad for all prices. Talking about NFT it will go much further due to excessive price and image manipulation. So if you are interested in NFT, then reconsider undoing the intention. Try to research further as far as you can. There is still a lot of time to learn, make sure you really have the right decision. It should also be remembered that investing in NFT is one of High Risk and High Return, NFT is also for me very different from crypto in general.

[hugeblack]

They are currencies linked to media hype. When it starts rising, it will rise and vice versa. But what is happening now is not encouraging, and therefore it may be an ideal opportunity if you believe that this technology has value. Otherwise, it is better to invest in something you can believe in.
In general, I do not expect it to move positively during the next two years.

[goaldigger]

It's too late to make money from NFT, when I say this, I'm not saying that NFTs are over, it's just that the interest has decreased now, but it's something that won't disappear, I think you should stay away for now, but you can follow it. You should distribute your money in a safer way, if there is interest again, then if you make small nft purchases, I think you will have made a cautious entry into the market.

There’s still a buyer but not like before, maybe the bear market affects those investors again and they just want to own real coins with a good utility, NFTs right now is on a big trouble because if they can’t survive this bear market, what more in the future. If OP still decided with NFT, better to analyze again and go for the top NFTs, I just don’t advise to buy any NFT art here, that expensive art might not be worth it anymore in the future.