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At least some are people who want to make quick $$$ and have missed out getting in to the cryptos early on. My sample size is exactly three, but one friend and
by rixrax 5y ago
At least some are people who want to make quick $$$ and have missed out getting in to the cryptos early on. My sample size is exactly three, but one friend and two co-workers have been putting their savings to NFTs and been rather vocal at that. Preaching the ingenuity of them. And how they are going to explode in value in few years time. As far as I can tell, profit is their only motive.
Who knows. Maybe they will. Maybe not. But at least I’ve tried to remind my friend that it is a highly speculative asset. And that she should not put in more money than she is ready to lose. All or most of it.