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NFT’s are now worthless


ThisGuyTony

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thedirtymonster

I never got into NFTs, but I did partake in some of the memestock/crpto fads. I knew that they weren't long-term investments and that I'd make my money and run. Which I did. I actually made enough in AMC stock, SHIB, Doge, and Ethereum that I was able to put a down payment to buy my house in Denver. Now my mortgage is less than my rent was and I'm very happy I partook.

You just gotta know when to hold 'em, know when to fold 'em. Know when to walk away, and know when to run.

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Ayesha Erotica
5 hours ago, Red said:

Were they ever worth something, for real? 

actually not, they were believed to be worth sth. if everyone else also believed they are worth sth., if people start believing they are worthless, they de facto become worthless

Your boyfriend comes over with a bit of gun oil Says he wants to step on new soil
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Economy
On 9/21/2023 at 11:47 AM, InTheCloset said:

bitcoin will soon follow. 

Some people i know would lose $35 they 'invested'

Not as sure about bitcoin. Unlike NFT bitcoin has use. Especially as fears of governments going bankrupt and eroding their currency keep mounting (regardless of whether or not that turns out to happen)

 

I think crypto like bitcoin wont necessairily become worthless... for now the drop in value and stagnation can largely be attributed to the end of cheap interest rates we saw from 2008 to early 2021

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