tracyspcy@lemmy.mlM to Bωockchain@lemmy.ml · 1 year agoJustin Bieber's $1.3M NFT investment depreciates by more than 95%coinjournal.netexternal-linkmessage-square5fedilinkarrow-up18
arrow-up18external-linkJustin Bieber's $1.3M NFT investment depreciates by more than 95%coinjournal.nettracyspcy@lemmy.mlM to Bωockchain@lemmy.ml · 1 year agomessage-square5fedilink
minus-squarelemming-TLDR-botBlinkfedilinkarrow-up1·1 year agotldr Justin Bieber invested $1.3M into NFTs Investments depreciated by over 95% Losses occurred within short period of time (less than two weeks) Demonstrates potential risks associated with volatile nature of cryptocurrency markets Raises questions about celebrity endorsements impact on investor decisions.
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