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Someone asked me if I still watch NFTs lately.
Honestly, I only keep an eye on liquidity: the floor listings look pretty lively, but when it comes to selling, I find the depth to be as thin as paper—just a couple of taps and it's gone.
Royalty issues are even more awkward; setting the price too high makes buyers run away, setting it too low feels like the community is "powering with love," and when the narrative cools down, everyone pretends to be dead; when it heats up, they start shouting at each other like family...
I only dare to hold small positions as a record.
By the way, the main chains are upgrading/maintaining these days, and the group is guessing whether projects will move.
I think it doesn’t matter whether they move or not; just don’t cut off liquidity first, or else the so-called "community consensus" will instantly turn into air with no one to take over.
That’s it for now, I’ll keep recording.