As I've researched more and more about cryptocurrency, I stumbled upon this article related to NFT about Logan Paul. What are your opinion about NFTs in general? In my opinion, I will not invest on it since it has issues like this and I don't really get how they price an NFT. For example the 'Bored Ape', I don't really get why it was so expensive (I know that there are many factors involved like popularity, hype, etc.). I am just not buying into something that I can't understand.
NFTs were a trend and many people bought into it when it was new making it profitable. But soon people got bored it became less trendy and its burble burst
The NFT ship sailed. Don't invest your money in it
I'm not familiar with NFTs but glad I came across this so I could learn a little bit about it. I' ll definitely read up about it though to familiarize myself moreย
Was never really into NTF's wasn't fully convinced by it, wasn't surprised when it started heading southย
I was never interested in the topic, for some reason I felt that after a while it would not be so successful, even though it was very popular at first.
Good thing a lot of people share the same opinion as mine since I really think that NFTs in general is not a good investment, I will attach related links for reference of other readers.
At first, everyone was foaming at the mouth, paying thousands for digital art that looks like a 5-year-old could draw it, thinking theyโre buying a piece of the future, The value was all smoke, mirrors, and hype, built on FOMO and the desperation to flip for a quick buck.
Never understood them. Never dabbled in them. Never invested in them.ย
Seems a bit of a scam to me