Cyphercat is one of my favorite Bitcoincash influencer on X (Formerly Twitter). Because he posted a lot about Bitcoincash and Cashtokens projects on X. I invested in all of his project like $CELQ (now $Jess) to $Pepecash. But most of his projects don’t get any success and my investment also gone wasted. BCH Multipaas and Jessica’s NFTs are also his projects, he promoted his both projects with lots of use cases and innocent me invested in it. I bought Bitcoincash Multipass in March 2024 with 0.05 BCH ($20 at that time) and bought Jessica’s NFT in July 2024 with 0.04 BCH ($14 at at that time). But both of these NFTs projects are giving me the vibes of failures with my investment loss😭.
Moral: Always Do Proper Research Before Investing
I find NFT’s to be mostly worthless as an investment. They are mainly useful for such things as entrance tickets and other proof of ownership scenarios.
In future, I will never ever do investment in NFTs
