https://edition.cnn.com/style/article/tiffanys-cryptopunk-nf…
There were 250 for sale.
headline
Tiffany’s sells out custom Cryptopunk ‘NFTiff’ pendants for $50,000 each
Leap1, I think that NFTs are bogus investments and worse than tulip bulbs. But I wish you the very best in creating and selling your own NFTs! As long as you are making money and not “investing” your own money in NFTs, more power to you.
Wendy
2 Likes
"https://edition.cnn.com/style/article/tiffanys-cryptopunk-nf……
There were 250 for sale.
headline
Tiffany’s sells out custom Cryptopunk ‘NFTiff’ pendants for $50,000 each"
Of course, those are not actual NFTs…
They may or may not be worth the money, but they are fully owned by whoever buys them.
Wendy,
My own take, NFTs are a dangerous investment. Some are incredible investments. Or incredibly rewarding speculation. There are the most by number shrewd monied investors globally in the NFT markete. People of great means under the age of 45.
I have completed the animations. I will begin the process of minting and marketing them later this week when back in the states.
The bottom line I want dollars. I want much less volatile investments. In those regards your well wishes are welcome and thank you.
If you are judging volatility as the qualifier I totally agree with you.
If you are judging artists wasting their time I totally agree with you.
Still those 30k to 50k heavily monied investors do know what they are doing. Do not kid yourself other wise.
1 Like
Still those 30k to 50k heavily monied investors do know what they are doing. Do not kid yourself other wise.
I have found that lots of people believe the following 2 things:
-
Rich people must be smart, and
-
Smart people must be smart about everything
In my experience, neither of these statements are true.
IMNSHO, the trick isn’t making money, it’s growing and holding on to it.
Just saying.
AW
12 Likes
I have found that lots of people believe the following 2 things:
1) Rich people must be smart, and
2) Smart people must be smart about everything
In my experience, neither of these statements are true.
IMNSHO, the trick isn’t making money, it’s growing and holding on to it.
AW,
I agree with those statements. You are not alone.
The thing about the market I am addressing it is self made money often in the NFT space.
Not to be rude at all, hopefully, those investors comprehend the NFT space on a very high level. These investors are not just blow ins.
Specifically what I agree with, those guys are going to suffer some serious losses. It is impressive though what their gains can be.
The last bottom in Eth landed on the last older high. Even at a seventy percent drop from the very top.
The point being the smart money in the equities markets are long because the central banks and governments will print more money. There often has to be a return. Similarly more crypto slowly gets created.
I am not by brother’s keeper in this market. Due diligence is needed.
I have been aiming to have a product others would find valuable. The time is my investment.