Why Some People Make Millions With NFTs and Others Don’t

Photo by Rishi Ragunathan on Unsplash

NFTs are typically hosted on a website, which could disappear, making the photo disappear and thus… you’re left with code and an error page. No more NFT. That’s only PART of the reason NFTs are so risky.

We give NFTs their value. For example, you can buy your own NFTs. Basically, each NFT has its own “sales history,” which is exactly how it sounds: whenever it’s…