Question
Do you know about NFTs? A very fast growing market (approximately 38000% increase in NFT sales in 2021). I have been fascinated by NFTs simply
Do you know about NFTs? A very fast growing market (approximately 38000% increase in NFT sales in 2021). I have been fascinated by NFTs simply because it sounds so cool to trade NFTs. I don't invest in any partly because one nees crypto to buy NFTs. I don't have any cryptocurrencies either. I sound like an old dude, don't I? In the old days, when taking an investment course, students (including me) only learned about stocks and sometimes bonds. If you have a quantitative mindset, you may choose to take a course on derivatives. That was what I did when I was in college. However, thanks for all the innovations in technology. Financial assets are not restricted to physical assets like stocks, bonds, commodities, etc., anymore. For young generations like you, I think you should know about digital assets such as NFTs (BTW, I have no position whether NFTs will boom or bust). In this post, I want you to share any of your thoughts on NFTs. If you don't know what NFTs are, please google and read about them. If you are indeed interested in NFTs, please share your thoughts and I am all ears!
I believe when learning about trading nowadays, it is a must to know about trading cryptocurrencies, NFTs. or any new asset classes. The concepts on the limit order book still applies to new asset classes like NFTs. If one wants to sell an NFT but no one wants to buy, the value of the NFT will drop even plummet. So investing in NFTs just like any other asset classes, there is no guarantee on success.
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