Risks of Investing in NFTs
Market Volatility – NFT prices can fluctuate wildly, leading to significant financial losses
Lack of Liquidity – Reselling NFTs may be challenging due to limited demand in niche markets
Scams and Frauds – Fake NFTs and phishing attacks pose significant risks to investors
Uncertain Regulation – Legal frameworks for NFTs are still evolving, creating potential compliance issues
Valuation Challenges – Determining the true value of an NFT is often subjective and speculative
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