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How to Buy a NFT
Manage episode 324030206 series 3318552
NFTs are part of the new currency, and they are be here to stay. When it comes to purchasing them, it’s best to be well-informed before making decisions.
Learning about NFTs is one way to get yourself educated. That’s what this show is for. It’s best to be conscious about your decisions so you won’t regret their consequences. The least you want to happen is for your hard-earned money to go to waste.
Buying NFTs means identifying credible sources. Influencers or entrepreneurs often release collections during the big drop. But it’s important to make a background check about these influencers so you would know that they are authentic. Avoiding scams and frauds is one way to protect yourself from being exploited or robbed.
Purchasing takes risks, but caution must also be considered. Only use the money that you are comfortable spending in obtaining NFTs. Demand and supply may change in a volatile market. Values may change depending on the trends. Subscribing to various predictions can help, but on an important note, it’s best to be secure when things don’t go the way we expect.
Chapters
0:00 Introduction
3:38 Be Conscious
6:15 Transition to Web 3.0
9:10 Big Risks
14:00 Influencers
17:26 Lasting NFTs
19:35 Investing in Cryptocurrency
20:31 Prediction
Get your FREE NFT Cheat sheet
👉 www.nftsmadesimple.com 👈
47 episodes
Manage episode 324030206 series 3318552
NFTs are part of the new currency, and they are be here to stay. When it comes to purchasing them, it’s best to be well-informed before making decisions.
Learning about NFTs is one way to get yourself educated. That’s what this show is for. It’s best to be conscious about your decisions so you won’t regret their consequences. The least you want to happen is for your hard-earned money to go to waste.
Buying NFTs means identifying credible sources. Influencers or entrepreneurs often release collections during the big drop. But it’s important to make a background check about these influencers so you would know that they are authentic. Avoiding scams and frauds is one way to protect yourself from being exploited or robbed.
Purchasing takes risks, but caution must also be considered. Only use the money that you are comfortable spending in obtaining NFTs. Demand and supply may change in a volatile market. Values may change depending on the trends. Subscribing to various predictions can help, but on an important note, it’s best to be secure when things don’t go the way we expect.
Chapters
0:00 Introduction
3:38 Be Conscious
6:15 Transition to Web 3.0
9:10 Big Risks
14:00 Influencers
17:26 Lasting NFTs
19:35 Investing in Cryptocurrency
20:31 Prediction
Get your FREE NFT Cheat sheet
👉 www.nftsmadesimple.com 👈
47 episodes
All episodes
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