[su_dropcap style=”simple” size=”4″]A[/su_dropcap]re you still puzzled about whether NFTs are actually good or bad? You may have heard a thing or two about NFTs. There are many fairy-tale-like stories of how NFTs can turn a person into a millionaire in one night. However, most recent news mainly stated that NFTs are bad for investment. Because of that, people started to doubt the value of NFTs.
The negative predicate for NFTs is mainly because of how unstable NFTs were as investments. The price of NFTs is highly unpredictable, as they are tied to how many people are willing to pay for them—if no people are willing to pay, it’ll have no value.