When is the best time to invest in DAO NFTs?

Asked 2 years ago

I am extra keen to begin my journey with DAOs, specifically with DAO NFTs. I'm holding back for now because I don't want to mess up and invest at the wrong time. Can anybody tell me the best time to invest in DAO NFTs? Thanks!

Terence Lawrence

Saturday, May 14, 2022

The best NFTs we will see in crypto will actually be DAO NFTs. It is possible to say this because we have seen so far that the best projects are built around a community. DAOs give everyone a piece of the cake by distributing decisions to all participants in the protocol. Doing this is a driving force of growth, investment, and long-term commitment. Talking about the time, I think the best time to invest in DAO NFTs was yesterday, and the next best time is now. Why? Even though you are interested in high-value projects, it is not always best to buy at the peak of a bull run. Instead, you can set aside a part of your portfolio and invest in projects that have great potential even though they may not be popular in mainstream DeFi yet.

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