What are the advantages and disadvantages of investing in underground NFTs compared to mainstream ones?

3 answers

• Mo Pay PalJul 28, 2023 · 2 years ago
  Investing in underground NFTs can offer unique opportunities for early adopters. These lesser-known NFTs often have lower prices and less competition, allowing investors to potentially find hidden gems. However, there is also a higher risk involved as the market for underground NFTs is less established and there may be a lack of liquidity. It's important to thoroughly research the project and the team behind it before investing in underground NFTs to mitigate the risks and make informed decisions.
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• Felay SlluSabarmnantiJul 03, 2021 · 4 years ago
  When it comes to underground NFTs, the advantage lies in the potential for higher returns. Since these NFTs are not as well-known or popular, their prices can be relatively low. If you manage to invest in an underground NFT that gains popularity later on, the value could skyrocket. However, the downside is that the market for underground NFTs is more volatile and unpredictable. It's crucial to stay updated with the latest trends and news in the NFT space to make informed investment decisions.
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• Ilai AzariaApr 23, 2024 · a year ago
  Investing in underground NFTs compared to mainstream ones can be a risky but potentially rewarding move. While mainstream NFTs may offer more stability and a larger pool of buyers, underground NFTs have the potential for higher returns due to their lower initial prices. However, it's important to note that not all underground NFTs will succeed, and there is a higher risk of investing in projects with little to no track record. It's advisable to diversify your NFT portfolio and allocate a portion of your investments to both mainstream and underground NFTs to balance risk and potential rewards.
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