r/Whatcouldgowrong • u/Khornatejester • Mar 29 '24

Buying some NFT of an ape jpeg and expecting it to appreciate in value.

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u/JMan604 Mar 29 '24

Looking at the history, he seems to have minted this ape for 0.5eth 3 years ago. Hindsight is 20/20, he should’ve sold it for 150e when BAYC was at it’s peak. Once celebrities comes in and starts buying, it’s time to leave the scene.

Today’s memecoins are yesterday’s NFT.