Investing in NFTs involves a high risk . It is a new market, not yet consolidated, and no one knows where it will end up. Therefore, we can still understand it as a bet on the future.
Like cryptocurrencies — another type of risky investment — NFTs exist on the blockchain, which is not officially regulated by financial institutions, as is the case with conservative investments and Treasury bills.
Furthermore, NFTs are speculative investments. This means that you buy a malaysia phone number list non-fungible token for one price today, with the hope of reselling it for a higher price in the future, but there is no guarantee that this value will rise.
On the other hand, there are no limits to how well an NFT can perform. If you have a good guess from market analysis of which non-fungible tokens can gain value, you can make a lot of money.