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Become a NFT investor/trader

Updated: Jan 24, 2022

Today, you can find NFTs everywhere on the internet and everyone is raving about them. While some of them are worth millions, many are basically worthless. Some are so valuable that they have changed the lives of creators and investors forever. You don't need to worry if you have been watching from the sidelines not knowing where to start. As I read somewhere the boat hasn't yet sailed that far.

Investing in NFTs involves buying them and selling them at a profit. You can simply transfer the NFT to the marketplace where you wish to sell it (if it isn't already there, or if your NFTs are only stored in your private crypto wallet and not publicly accessible). On the NFT page, click on "Sell.". There will be gas and marketplace listing fees, as well as any royalties set by the creator.

Remember you need to examine the NFT item critically for the possibility of reselling it for profit in the future. Your ability to sell will largely depend on how much demand there is for the NFT that you purchased and what price buyers are willing to pay. If the NFT project is part of a larger project that has potential for future growth, there will be demand for it. This can be a production of a new game or the first edition of a book that could increase in demand over time.

Do your homework and invest wisely!


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