NFT Talk - Knowledge?

[D36]

- Hello Ladies & Gentlemen -
​

I was speaking with a buddy of mine and we were chatting about NFT's and investing and so on fourth. With that being said, I would love to buy some cheap NFT's via ETH and wait for them to go up and sell. Any suggestions on where I should start? How I should start?

Any bit of knowledge would really help my search go smooth. This is where money is made and I want in as soon as possible! Thank you for taking the time to read this. Feel free to write me with any info.

King Regards,
D36

 

[Abe]

The biggest scam is NFT

 

[D36]

The biggest scam is NFT

May I ask how? I am very unfamiliar with NFT's. Thank you for the response.
Topic Bump - Thanks!

 

[Abe]

May I ask how? I am very unfamiliar with NFT's. Thank you for the response.
Topic Bump - Thanks!

It is a long story, it is not guaranteed and you are taking a big risk, basically gambling

 

[D36]

It is a long story, it is not guaranteed and you are taking a big risk, basically gambling

I'm a risk taker in general. That seems to be okay in my book... Would you mind adding me via discord?

 

A lot of NFT projects are rug pulls, you have to be very careful before investing in one.

Examples:

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Be your own judge, but the NFT market is a dead market. Crypto might see very low numbers, which basically means NFT's become worthless since the whole space is operative on blockchain technology (although, a NFT may just be an image that you own basically, many times it isn't even registered on the blockchain).

Perhaps you could get lucky and make some money, but you'd actually have to get lucky. The bubble has popped and many skids made a lot of money and fortune seekers lost a lot of money. I remember talking with my friend about NFT's back in December and we're both very glad we didn't proceed with it. So perhaps stocks would be something for you, you can still take risks for a possible return but the possibility of getting scammed (if you do it on a safe exchange) is pretty much 0.

Hopefully this helped, if you do get liquidated on your first day, you were warned.

 

[D36]

We're currently in a bear market for crypto, so NFTs are not booming like they were 1 year ago. You should educate yourself about them and scoop up blue chip NFTs if you can to prepare for the next pump

A lot of NFT projects are rug pulls, you have to be very careful before investing in one.

Examples:

-

-

-

Be your own judge, but the NFT market is a dead market. Crypto might see very low numbers, which basically means NFT's become worthless since the whole space is operative on blockchain technology (although, a NFT may just be an image that you own basically, many times it isn't even registered on the blockchain).

Perhaps you could get lucky and make some money, but you'd actually have to get lucky. The bubble has popped and many skids made a lot of money and fortune seekers lost a lot of money. I remember talking with my friend about NFT's back in December and we're both very glad we didn't proceed with it. So perhaps stocks would be something for you, you can still take risks for a possible return but the possibility of getting scammed (if you do it on a safe exchange) is pretty much 0.

Hopefully this helped, if you do get liquidated on your first day, you were warned.

I appreciate the response from both of you two. Been working crazy hours and just got a minute to reply!

 

[Ironman1337]

We're currently in a bear market for crypto, so NFTs are not booming like they were 1 year ago. You should educate yourself about them and scoop up blue chip NFTs if you can to prepare for the next pump

THIS. Even big companies have dropped NFTs recently and have basically flopped the whole general idea is gambling so if you were don't put in what you're not willing to lose in this bear market definitely is a big gamble at the moment. I, myself won't be purchasing any NFTs however will be accepting crypto payments still and holding.

 

[D36]

THIS. Even big companies have dropped NFTs recently and have basically flopped the whole general idea is gambling so if you were don't put in what you're not willing to lose in this bear market definitely is a big gamble at the moment. I, myself won't be purchasing any NFTs however will be accepting crypto payments still and holding.

I appreciate the kind feedback. Although I do see tons of people on the market getting scammed... Quite disgusting if you ask me.

 

[Ironman1337]

I appreciate the kind feedback. Although I do see tons of people on the market getting scammed... Quite disgusting if you ask me.

If you've been in the scene for awhile you'll know this is nothing new, however this go around -2021 come up it was a different wave with social media and in general the crypto scene not only but others as well became very populated to friends/family IRL loads of people and with everything comes those scummy people who try to take advantage of others whereas with shitcoins/NFTs being shilled off to hundreds of thousands of teens by influencers (which also played a HUGE role this pump) don't help I totally agree with you

 

[D36]

If you've been in the scene for awhile you'll know this is nothing new, however this go around -2021 come up it was a different wave with social media and in general the crypto scene not only but others as well became very populated to friends/family IRL loads of people and with everything comes those scummy people who try to take advantage of others whereas with shitcoins/NFTs being shilled off to hundreds of thousands of teens by influencers (which also played a HUGE role this pump) don't help I totally agree with you

100% my friend - AGREED