Oh 100% their definitely a gamble .
For people with time on their hands churning out a few NFTs and putting them up on their IG/social media platforms isn’t a bad way to try and cash in on the craze !
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More unusual is what people do with their monkeys. Owning Bored Ape NFT gives you full commercial rights, and the owners use it creatively. Bored Ape’s owner created a Twitter account for his monkey, where he created a backstory and turned him into Jenkins, a clerk who works at a yacht club. In September, Jenkins contracted with an actual agency. You might think the NFT is stupid and bad for the environment, but don’t expect the Bored Monkeys to disappear anytime soon. That’s why you better get in touch with the NFT Promotion Agency before it’s too late. After all, this is our future. And we should not miss out on it now.
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Hi, you are the first person I have seen on this forum who “gets it” about new evolution of crypto and blockchain opportunities. Welcome
What’s your favourite brand of NFTs aside from bored apes ? Collections i mean and where do you prefer to trade them
Hi,
I think this was directed at somebody else. For me, it is something like this. I happen to think (but of course my logic is likely to be flawed) that a NFT that has generated a past income, and will likely generate a future income, is worth buying. So I am now buying and selling a controlled number of two types of NFT that I had some experience with before the crypto market went south. I am now offering around the $12 mark for a specific type of NFT that I sold for $390 at the peak. I put in an initial $400 worth to buy four unminted of these NFTs and sold them for just under 4X the minted cost. I currently own 8 for a net investment of about zero, and continue to indulge myself with a budget of $50 per month. Another type I have traded a total of about 120 units and maintain about 50% of those. I was selling these frequently at an average margin of 22%. I monitor these on a weekly basis and also have a “value price” that I buy at and an “opportunistic price” that I am happy to sell for. With a 90% to 95% reduction in price, each buy / sell is only pocket money, but you have to think what will happen if they do a 20X and get back to their pre-crash status. It is a reward / risk ratio that most people would kill for. And finally, if you find something that looks like this, are you likely to tell all and sundry? Muhahahahaha