Prince.Skeletor
Don’t Be Like He-Man
Any money I. It?
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Should I get into NFT?
- Thread starter Prince.Skeletor
- Start date
The Realist Perspective
Superstar
Stay away from that shyt.
If you hustle the right people.
People buy useless shyt all the time
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Theres money to be made but also alot of risk.
If your a casual, I'd say stay out.
If your into flipping pokemon/digimon/trading cards...
If your into stocks...
If your into finance...
I still wouldnt suggest it unless your DOWN down.
You will probably lose money trying to figure out what to do and who to trust.
Id only suggest it if you get used to the market before you make a purchase.
Find out what the meta is.
If you got big $$$ and can afford gas fees, go Ethereum. If you willing to grind for cheaper gas fees, go Solana.
Find out what resources site people use for stats, calendars and marketplaces.
Find out if theres any utility for the project, staking, airdrops, etc. If the team is doxxed, etc.
Understand what rug pull is and how to avoid them.
There's alot of money to be made and lost on NFTs. Some people think the structure is a scam. But I don't see how it's different from trading cards with passive income.
TLDR: dont get into nfts until youve done enough research to confidently make a purchase.
I have an Official NFT thread that I'll be more active in. I'll drop more of a beginners guide now that Ive been in the space for 6 months plus.
Official NFT Thread
If your a casual, I'd say stay out.
If your into flipping pokemon/digimon/trading cards...
If your into stocks...
If your into finance...
I still wouldnt suggest it unless your DOWN down.
You will probably lose money trying to figure out what to do and who to trust.
Id only suggest it if you get used to the market before you make a purchase.
Find out what the meta is.
If you got big $$$ and can afford gas fees, go Ethereum. If you willing to grind for cheaper gas fees, go Solana.
Find out what resources site people use for stats, calendars and marketplaces.
Find out if theres any utility for the project, staking, airdrops, etc. If the team is doxxed, etc.
Understand what rug pull is and how to avoid them.
There's alot of money to be made and lost on NFTs. Some people think the structure is a scam. But I don't see how it's different from trading cards with passive income.
TLDR: dont get into nfts until youve done enough research to confidently make a purchase.
I have an Official NFT thread that I'll be more active in. I'll drop more of a beginners guide now that Ive been in the space for 6 months plus.
Official NFT Thread