you speculate that there is some chance this might go up in value or at least retain its value. The goal is to be right. As a web3 founder, your goal should also be for your buyers to be right.
The value of an NFT or cryptocurrency project on Ethereum or any other blockchain for example is not meant to be some magical number, even if in some cases it might be. When you buy an NFT or a token, you are basically buying into the team's vision,
You're better off investing in an NFT than in most of these lousy presales. The utility of NFTs might not be obvious now, but it will be as this space matures. There's no doubt we'll see more Bitcoin-like situations with most NFTs.
while you're worried about whether it's a bull run or not, the defi space chugs on. Keep your eyes open anon. You're early, but you're not bullish enough
NFT technology in the most practical sense are a way to determine the best communities to be a part of, they can be a visual representation of the authenticity of an address, as well as a visualisation of the projects an address has been involved in whether successful or not
NFTs are a pseudo-anonymous way of finding your clan and clan members in the wild. We're in a new economy, not purely digital, but one heavily influenced by the digital, as it has been for the past few years.
That being said, the new defi space, still in its infancy, is currently the wild west and discerning rugs from legitimate progress is more important than ever.