@charrlys

Are NFTs Poised for a Comeback in 2024? NFT investing is still extremely risky NFTs may be entering a new phase, but NFTs and cryptocurrencies are still high-risk investments. The market is in its infancy, and the technology and legal environments are still evolving. Bear in mind that many NFT investors have already lost money. Some NFTs might go to the moon, but many others could collapse completely. Making consistent lower-risk investments that generate a safer rate of return can be a better way to build wealth over time. For example, looking back over the past 30 years, the S&P 500 has delivered a compound average annual growth rate of about 10%. The S&P 500 tracks the top 500 companies in the U.S. and is a common benchmark for stock market investments.

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