I just went through a round of NFTs, and I feel like liquidity is really just like chasing the trend. When it's hot, the floor price rises, and everyone is just riding the narrative to keep it alive; when it cools down, even with a bunch of sell orders, no one is buying. Royalties are also quite awkward. Honestly, I understand that creators need to make a living, but when there's no volume in the secondary market, everyone starts to avoid it, and in the end, the community just disperses on its own.

I was a bit scared just now: almost got caught by a "seems very cheap" order on the floor, and I hesitated before confirming, thinking of that last blockchain game with inflation + studio botting, which led to a spiral in token prices. When the hype cooled, it was all just bagholders... Anyway, I’m just going to wait for one confirmation now, even if I miss out, just to be safe.