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Want to feel good about not buying NFTs ?


Coss
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https://www.stuff.co.nz/business/money/132562919/the-celebrities-that-have-had-the-biggest-losses-with-nfts

an example:

Logan Paul

YouTube star Logan Paul owns the most discounted NFT in the world.

He bought a Bumble Bee NFT for $1m, but it’s now only worth $15.

The NFT has nearly dropped to zero, losing 99.9985% of its value since he purchased it in 2021.
 

1689927317825.jpg?format=pjpg&optimize=m

 

 

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  • 4 weeks later...

So a bunch or morons make a “Non-Asset Class” investment and then run crying when they loose money.

Do they also try to sue NYSE, NASDAQ, FTSE, etc when market price falls? Knowing this bunch of idiots they would probably try. What’s the betting most, if not all of “Investors” are Millennials or Gen Z.

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