NFT Valuation Understanding How Prices Are Set

There is no manual for determining the value of an NFT and knowing which NFTs will increase in value. The measures you use to evaluate private firms or traditional investment vehicles such as stocks simply do not apply to NFTs. Often, the last buyer’s payment provides some indication of the worth. Yet, it is difficult to predict what the next customer will pay based on their projections for NFTs.
Most purchasers lack the logical abilities required to determine the worth of NFTs and hence base their quotes on guessing. It is also difficult for sellers to predict what they will receive in exchange for their tokens. The value of NFTs is influenced over time by a perception over which both buyers and sellers may have no control.

FOR MORE INFO: https://ccbfinances.com/nft-valuation-understanding-how-prices-are-set/

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