Yes, I believe they're two sides of the same coin. Buying an NFT did two things: A) it gave you the opportunity to flip it for a higher price (this is the most

Yes, I believe they're two sides of the same coin. Buying an NFT did two things: A) it gave you the opportunity to flip it for a higher price (this is the most visible way that one can make money from NFTs), and B) it signaled to the crypto community that you were one of the tribe. The second was important if you wanted to execute your own trading scam, which many did.