---
title: "What is the risk of NFTs?"  
description: "What is the risk of NFTs?"  
author: "Sandra Emily"  
published: 2022-05-25  
canonical: https://answers.mindstick.com/qa/97622/what-is-the-risk-of-nfts  
category: "troubleshooting"  
tags: ["troubleshooting", "nft"]  
reading_time: 1 minute  

---

# What is the risk of NFTs?

What is the [risk](https://yourviews.mindstick.com/view/81124/tension-and-risk-beyond-corona-pandemic) of NFTs?

## Answers

### Answer by Hitesh Vohra

**NFTs fall into the category of high-risk,** high-reward investments. Scarcity and desirability drive the NFT market, which explains why people are so obsessed with them. However, pundits warn potential investors against putting their financial security in NFTs because of the inconceivable prices at which they are being marketed. NFTs, like Initial Coin Offerings, have a significant potential of being scammed. When investing, you must also keep in mind that you do not control the content of the NFTs. \
**Read More:** [H**ow to make money with NFTs?**](https://answers.mindstick.com/qa/97623/how-to-make-money-with-nfts) **\**


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Original Source: https://answers.mindstick.com/qa/97622/what-is-the-risk-of-nfts

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