Investors in the NFT market, focusing on long-term strategies for saving funds, should wait for the legislative regulation of the sphere. Denis Belkevich, co-founder of Fuelarts, chief editor of the Artinvestment.ru project, expressed this opinion during the online conference ForkLog “NFT fever: tokenization of art”.
He noted that it is better for investors who choose long-term strategies to invest in platforms and marketplaces, rather than in certain tokens.
“It’s better to invest in NFT if you play short,” Belkevich said.
He emphasized that “there is no need to delude yourself” with the entry into the NFT market of large auction houses, such as Sotheby’s or Phillips. According to the expert, they do not necessarily believe in the prospects of a new sphere, but can thus simply increase the client base in order to sell art objects in the future.
Belkevich also stated that belief in NFT is inversely proportional to belief in bitcoin:
“When people want to preserve their assets, realizing that anything can happen to cryptocurrency, they invest in other digital assets besides the mainstream cryptocurrencies.”
Previously, ForkLog ranked the most expensive NFTs.
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