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by herbst 885 days ago
I have land on Sandbox game. Which didn't cost a lot when I bought it initially (like $80) and is still worth much more than initially paid while the game is slowly still majoring. Could have sold them for 15k each in the NFT hype but I rather build my imperium in their universe one day :)
2 comments

Phew, that was close. I thought I had missed a story about NFTs having actual utility.
Seems like the only "utility" is hope - hope that an $80 bet turns into more.
Current market value is at ~$600 and it's a playable game with actual users getting regular updates. It's more or less the maximal value of all NFTs I can remember right now.
It's about as much utility as one of those Wii figures for $40. Why don't we simply appreciate that some NFTs aren't total bullshit but fun tech toys?
This is an excellent point. Few people can appreciate the utility of losing tens of thousands US dollars by hodling
I know nothing about actual investing. I am just happy when I buy thing at value A and sell same thing and much higher value B.

The rollercoaster in between is to much stress and usually not worth the ride

This is a good point. “Utility” means “something that makes me happy” and “sell at higher value” means “not selling a thing”
The videos I posted at top level are, unintentionally, for you.