kasrakhosravi2
Born on July 02, 2019•18 Karma
“Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.”
This is from "The Little Book That Beats The Market"
What is your favorite investing quote?
Artists: They are looking at NFTs as a way to generate new streams of income
Speculators: They fall in love with any buzzword they hear and just throw money at it, just not to miss the latest train of opportunity (even if it takes them to doom)
Investors: They are looking at this space and trying to figure out scalable ways to benefit from it in the long run
Celebrities: They are having fun/experimenting with NFTs and selling them not because of their intrinsic value, but because their name and brand image is attached to it
Skeptics: They are not rich, celebrity, or an artist and also not foolish enough to jump into a new hype without understanding it
We will reference these groups of folks when diving a bit deeper into the valuation analysis of NFTs.
Basically, we are going to answer few basic questions here:
What the heck is even an NFT? Does NFT have a value and future? If yes, how should you invest in it? ...