There are many people who do not have a clue as to what NFTs are. They are not able to understand why would be a JPEG be worth in millions.
Some are not sure how on earth to make profits with NFTS: Some entrepreneurs and investors utilize NFTs like stocks and profit by buying and selling them. If you have already purchased a collection of NFTs and don’t need them anymore, you can easily sell them the same way you would if you were to create them yourself. The only step you’ll skip is the minting process.
However, left wondering who would buy them.
Profit motives with NFTS: When it comes to sheer profitability, individual NFT artworks are by far the most valuable Non-Fungible Tokens ever created. If someone like Banksy decides to auction an NFT work of art, the price would likely be much higher than $69 million.
Ran NeuNer Shared: “I’m sitting here burning and all the guys in the office are killing it in NFT’s. What am I doing wrong?”
Community Response: Ran, you need to seriously talk about NFTs on Terra Money more… There are so many good projects out there, projects are going from strength to strength, helping the community members and developing amazing work!
You’re funneling your own money through one account to another one offshore right? Seems like a pretty standard process.
For trading NFTs you must have the taste of a 5 years old playing Pokémon cards.
For several months, I’ve been trying to learn as much as I can about NFTs. There’s so much to learn, but just glad to be in the space now and not in 10 years’ time.
You just need to check out psychedelic NFT project and you will know enough. First airdrop from the project to their members was worth more than $7 million. AND this project has and will have real life and metaverse utility. Not just a JPEG
Do a non-fungible token show where you create an account and buy your first one. Most of us are simply scared and clueless about them.
I no longer play in the NFT space, because what I thought is a “weird NFT” all boomed, while the excellent art NFTs went nowhere. I guess that’s the trick, buy the weird NFT that you think will fail.
I think you guys should put some NFTs in the banter bags to see what it’s all about.
I am afraid we might be getting old.
Telling people to buy at the top, then saying it’s a great time to buy now in the middle of a bear market, recession, end of year looming, then we will have a look at that a 40% gain (what about the 75% loss) so no gain really. Just you and your ego.
“NFTs have some indefinite value in the cryptocurrency marketplace, and if you are afraid that you might lose your NFTs, don’t worry; it is pretty standard. Undeniably, cryptocurrency wallets these days are pretty secure, but you should also follow some healthy cyber security habits.”
I can give you FA on that if you want. When you can’t pump your low cap coins, start pumping your NFT bags and people fall for it.
Stop wasting time, shilling time start learning about non fungible token. Get to know what exactly it is.
Really don’t understand the use case of these jpegs for which people are betting millions.
The NFT’s is just so confusing. I wish I can just win one. NFT wins are luck. You can do all the research, get a transparent team with good utility, good solid art, use etc and it still tanks on release.
“If the right balance is made, developers can increase NFT value and attract new users. Valuation is driven by scarcity of supply and speculation. Speculation can be guided by including price performance charts of NFT items or by highlighting NFTs that appreciate in value.”
It’s sad when you’ve learned how to find them, but you are poor and can’t buy anything. NFTs have been a great hedge against the falling crypto market.
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