Is it wise to invest in NFT?

[klassicdoll]

NFT investment, as it is commonly stated these days, is beneficial for creating a transparent ownership chain for an asset, but it also carries the risk of money laundering, fraud, and counterfeiting. The asset that the NFT tokenizes could be corrupted, duplicated, or nonexistent. Nevertheless, despite its fair share of drawbacks, NFT is still growing in popularity today.

Do you believe investing in it would be a good idea?

 

[eLdavis]

One of the most important thing about any investment today is that you have a clear understanding of what you are investing into. I don't know if investing in NFT is still as lucrative as it was when it first started though.

 

[freelancermaria]

I have never tried investing in NFT. I heard some are earning a lot from it. Before you give it a try, do a thorough research first.

 

[Kirubel]

I really don't want to try NFT, and I will advise everyone who wants to try NFT that its not as they think it is. It takes more than investing your money; you need to have lots of followers who will buy you or share your NFT art so that you can get a profit.