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tian7
@tian7.eth
Until now, there have been no Ordinals that can survive in the long term. Most of them rely on attention, and once the attention shifts, the value of the collections will inevitably decline. Therefore, if you consider Ordinals as an investment, be sure to take profits.
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luke500
@iamluke
I couldn't agree more. Personally I never invested into projects, other than art. At the beginning of my journey, ngl, expectations were different than now. The reality is that it is inevitable for this market to be driven by attention. And financial expectations. Ordinals have played the exact ETH playbook...
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tian7
@tian7.eth
Yeah. It’s really frustrating that very few people really care about the arts or artists. Most are only for profits and Ethereum NFTs are nearly dead.
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luke500
@iamluke
art lags behind but it does not mean it is not the "asset class" that has been known to be for centuries... :) have a look at this recent newsletter from my fren Kaloh, where he highlight how a single memecoin eats up so many well known NFT projects 🫠 https://warpcast.com/kaloh/0xe1a4c93b
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