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❓ASK How do you pick NFTs to invest in? 🤔

hollowblock2

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NFTs can be bought from a lot of different platforms, but not all of them are worth the money.

Are there any criterias when picking NFTs and what are they?
 
NFTs can be bought from a lot of different platforms, but not all of them are worth the money.

Are there any criterias when picking NFTs and what are they?
If you are going to invest in any nft, you need to check its start price,avg price, trading volume, team behind it , holder rewards, total nfts amount, rarity of the nft, sellings in last 24 hours. If everything looks good, you can try buying this nft and hope that its price will explode. There are possible fails too.
 
Never lol. Currently, most NFTs are nothing more than hype train that already been crashing. If I ever invest in NFT, I will wait until at least it has some real utility and use case. One good example is how recently NFT is used as a ticketing system for a concert in Europe.
 
When choosing to buy an NFT for speculative purposes, users should have some basic metrics in mind in order to gauge its potential value. Some metrics that should be taken into account include an NFT's Utility, Rarity, Community Size, Trading Volume, Potential and Provenance.
 
Hmm people are really making lots of money thru NFTs as well. I do buy depends on the demand how hype it is and perks like if it was going to be used in games? will i make money of it? Let me just warn you just just because it's hyped doesn't means it's good.. there's this technique going around being used by creators they do.. airdrops of their NFT for totally free and then next you know it was already worth hundreds of dollars.. some do this method they put their NFT on sale and they buy it themselves to raise the floor price.
 
I think it all depends on what the buyer wants to pay because an nft has no fixed value attached to it and is mere a speculation there is no special need for it and just a way for the people to spend off money which they don't need but they also don't want to donate it to the charity as well , So that's it for the truth of such things.
 
The best way today to pick NFT token to invest. You must first know about the token information legit sites and best of all it is registered in big exchange crypto company like the Binance. There in binance you check what NFT tokens are popular new and old they NFT token they protected. Almost NFT token suggested by binance is belonging in same Chain system used by binance. I have NFT token by MIR4 a very nice game with cross platform from smartphones, ios, android and pc.
 
NFTs can be bought from a lot of different platforms, but not all of them are worth the money.

Are there any criterias when picking NFTs and what are they?
Easy steps friend, First look and analyze the project behind, after the project you have to see if you like the NFT aparence, so if you are alright with this steps everything is okey
 
Something we fail to realize is that Nfts are similar in characteristics to Crypto. What happens in crypto happens with Nfts. So how to identify crypto tokens to buy for profit is same way to identify Nfts to buy. First is the project and it's realistic utilities not words on paper. Are there strong projects backing the Nft. What is the reputation or history of the creators? How serious and hyped is the community behind the project?
 

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