NFT: A good investment ?why you should invest.

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2 years ago

Is NFT a good investment?

The fact that NFTs are original and may be based on collectibles that have been historically appreciated in value makes them an interesting investment opportunity.

The key feature of an NFT is that the underlying asset is one-of-a-kind. This is what nonfungible means: While each individual Bitcoin is interchangeable, each NFT is unique. 

Why would anyone buy NFT?

When a person purchases a token of NFT, they are assured of a sole possession. Consumers are drawn to NFTs because they offer a unique quality. NFTs are a modern way to exchange collectibles, whether it's artwork or an in-game asset, in multiple ways.

Can you loose money on NFTs?

Yes. Due to the costs, you need to prepare for the possibility that you could lose money on your NFT. The best way to avoid a loss is to make sure you sell an NFT that others will find valuable and set a minimum price that will be more than an asset to any associated fees.

NFT art to buy now.

1. Cryptopunks.

2. Beeple.

3. Bored ape yacht club

4. Axie infinity.

A little knowledge I gathered from my senior brother before investing, hopefully we don't get to sleep on this opportunity. There were so many coins as at last year that was predicted to be worth the wait, and now NFT could be the future.

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2 years ago

Comments

I am really grateful for y'all support. Thank you

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2 years ago

Keep your comments coming in, ask questions too

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2 years ago