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by dfxm12 1852 days ago
No. While both rare coins and NFTs have value as a collectable, it's different because the silver coin has at least some intrinsic value. NFTs do not.

If no one else wants your NFT, it's not worth anything. If one other person wants it, it's worth whatever it is to them. If you buy NFTs for value, you should consider it a part time job to continue the hype machine for your NFTs in the hopes of getting some sort of bidding war going for them among as many people as possible. This isn't so different from other collectible markets. This hype machine is likely the reason you know what an NFT is in the first place.

1 comments

I like how we said the same thing but started our answers with the opposite conclusion.