AlexFr
New member
NFTs have become more attractive for crypto investors than just a way to diversify crypto investment portfolios. This post can help you to make money with NFTs all from the comfort of your own home.
First, there are different ways to make money with NFTs.
Minting your own NFTs
If you are a painter, a musician, a designer, or just a creative person, you can create your own NFT collection. But you need to invest your money in your NFT project promotion to stand out from competitors.
Flipping NFTs
In simple words it means trading. Buy low and sell high. But you should be an experienced NFT trader because this way requires expertise.
HODLing NFTs
This way is good for beginners because it doesn’t require expertise in NFT trading. Just buy NFTs and wait when prices skyrocket. It can take years, but it is worth it.
How do you choose NFTs to invest in?
Many experts recommend starting with these types of NFTs to create a profitable NFT portfolio.
Art NFTs
You can find a rare painting to invest in it. Then you can sell the NFT to someone who wants to buy it.
You can find many interesting modern art NFT projects on marketplaces or artworks recently stored on a blockchain. The blockchain is a public ledger that allows you to look at major wallets and see what investors are buying.
Sports NFTs
Sports fans are known to be avid collectors of sports merchandise, and autographs from famous athletes. Also, modern technologies allow fans to own memorable moments. Sports NFTs should be a priority part of your investments if you understand this industry.
Fashion NFTs
Owning virtual sneakers, necklaces or clothes seems weird but it is a common thing for many fashion-forward individuals. Many fashion NFTs are produced by luxury brands which means increases in prices over time.
To avoid NFT scams like fake NFTs you need to do your own research.
Anyway, you should gain experience to make money with NFTs.
You should know that NFT marketplaces require buyers to pay with cryptocurrencies such as bitcoin or Ethereum. Did you find a reliable partner to exchange your fiat money for crypto? Swiss fintech company EVANERA launched a crypto exchange where you can buy crypto in the easiest way at affordable rates https://evblock.com/
First, there are different ways to make money with NFTs.
Minting your own NFTs
If you are a painter, a musician, a designer, or just a creative person, you can create your own NFT collection. But you need to invest your money in your NFT project promotion to stand out from competitors.
Flipping NFTs
In simple words it means trading. Buy low and sell high. But you should be an experienced NFT trader because this way requires expertise.
HODLing NFTs
This way is good for beginners because it doesn’t require expertise in NFT trading. Just buy NFTs and wait when prices skyrocket. It can take years, but it is worth it.
How do you choose NFTs to invest in?
Many experts recommend starting with these types of NFTs to create a profitable NFT portfolio.
Art NFTs
You can find a rare painting to invest in it. Then you can sell the NFT to someone who wants to buy it.
You can find many interesting modern art NFT projects on marketplaces or artworks recently stored on a blockchain. The blockchain is a public ledger that allows you to look at major wallets and see what investors are buying.
Sports NFTs
Sports fans are known to be avid collectors of sports merchandise, and autographs from famous athletes. Also, modern technologies allow fans to own memorable moments. Sports NFTs should be a priority part of your investments if you understand this industry.
Fashion NFTs
Owning virtual sneakers, necklaces or clothes seems weird but it is a common thing for many fashion-forward individuals. Many fashion NFTs are produced by luxury brands which means increases in prices over time.
To avoid NFT scams like fake NFTs you need to do your own research.
Anyway, you should gain experience to make money with NFTs.
You should know that NFT marketplaces require buyers to pay with cryptocurrencies such as bitcoin or Ethereum. Did you find a reliable partner to exchange your fiat money for crypto? Swiss fintech company EVANERA launched a crypto exchange where you can buy crypto in the easiest way at affordable rates https://evblock.com/
