beginner in Crypto

[MiF]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

I would recommend you to join bounty hunting here you cannot earn big but you will learn a lot from this furom there are so many expert here and they can suggest many potential projects to invest, i believe that you are new in crypto and you need to learn more about it in a slowly way to have a better understanding and learn a lot of strategy for good.

[1715556651]

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[mdzahed134]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

I would recommend you to join bounty hunting here you cannot earn big but you will learn a lot from this furom there are so many expert here and they can suggest many potential projects to invest, i believe that you are new in crypto and you need to learn more about it in a slowly way to have a better understanding and learn a lot of strategy for good.

Right, a newbie user shouldn’t start with NFT's because without experience how he/she will choose good or bad projects, it’s huge risk because NFT's is a trend in the market and so many SCAM projects around. Yeah, bounty can be good way to earn money although it’s too difficult but there are no risk here.

[Blitzboy]

Yeah, for me too. NFT looks like a not really profitable and attractive market now. It has high risk and low reward, no point in investing in it, especially if you're a newbie.

Before it was too profitable.

But we have to accept the fact that it's no longer the hottest thing in the crypto market now. Yeah, before it was once at the peak but it's at its lowest now.

And we don't know if it's going to be up again when the bull run is back. Just to give you some idea, do not expect a lot of things from it because it hasn't got the same hype as before.

A project that has been hyped can no longer be expected to keep on hyped for a long time but only it stays for just a while and losses its popularity.
I admit that I'm investing in a few NFTs during their peak period but never I think to hold them and sell them in a few weeks. Thinking about investing them today is gonna be worthless, we can't assure ROI but possibly it becoming shitcoins. I just recall what happen to ICO before, they seem too hot but in the years coming, they lose their value and become rejected. This can possibly happen to NFT.

Regarding NFT investments, I share your views totaly. There may be short-term gains from investing in a project becuse of the buzz surrounding it, but you should always look at the big picture. Consider the value and practical aplication of a project before investing, just like you would with an initial coin offering. While Bitcon, Ethereum, and other pioneering cryptocurrencies have proven thier durability, not all NFTs are created equal. It's possible that some are here to stay, while others are only passing fads. While ICOs were once a common means to fund projects, the advent of safer and more efficient alternatives has dimished thier usefulness. Each project needs careful invastigation and evaluation to determine if it is a sustainable long-term investment or if it is just another shit..

[carlisle1]

As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?

I would recommend you to join bounty hunting here you cannot earn big but you will learn a lot from this furom there are so many expert here and they can suggest many potential projects to invest, i believe that you are new in crypto and you need to learn more about it in a slowly way to have a better understanding and learn a lot of strategy for good.

Right, a newbie user shouldn’t start with NFT's because without experience how he/she will choose good or bad projects, it’s huge risk because NFT's is a trend in the market and so many SCAM projects around. Yeah, bounty can be good way to earn money although it’s too difficult but there are no risk here.

Unless he will be lucky enough to randomly choose what kind of NFT to buy and hold, but if in general it's better not to start
from this kind of investment, the chance of getting scam or losing a lot is really high.
Try to understand the concept of crypto before you jump in with complicated investment like NFT's, but we can't really dictate
how newcomer should act when they are picking their investment, it's their money that they are using and the responsibilities
is always in their hands.

[kenshi222]

Most of the beginning people do the crypto bounty hunting to earn some money.You need have a crypto based twitter or facebook account for it.If you build the forum profile to high level,you can do of developing this forum profile to high rank.Then,you can join of Signature campaign in bounty to get some good rewards from that bounty.If you had earned huge money,you can reinvest the same money to crypto currency.Hold till the price of holding crypto to high level.It’s enough to earn more money from just holding for the longer period.If you had some capital,you can start trading without bounty hunting to earn from trading itself.

[isaac_clarke22]

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Bounties are sometimes hit and miss, MiF. I would rather just spend those 3 months researching for the best coins that I could buy rather than wasting my time sharing and retweeting useless stuffs around Twitter only to end up in a shit coin or even shit NFTs. That would be hella depressing. What's worse is it could even be a scam and the project team would just runaway along with the exposure they got in social media while owing every participants in their bounty with nothing.

Take it from someone that did bounties before NFTs were a hot trend.

[SUPERSAIAN]

I don't really recommend starting with investing in a jpeg in crypto, you'll probably end up making a loss and walking away. If NFT is a collection in a game and the game gives a good impression, you can do research and get NFT, but you still need to research well and make a good decision. Apart from this, it will be useful to stay away from other digital collections for now, you can do a different way in the future.

[Silberman]

I don't really recommend starting with investing in a jpeg in crypto, you'll probably end up making a loss and walking away. If NFT is a collection in a game and the game gives a good impression, you can do research and get NFT, but you still need to research well and make a good decision. Apart from this, it will be useful to stay away from other digital collections for now, you can do a different way in the future.

I would assume that someone that is just thinking about making their very first investment on this market does not know much about it, and with this in mind they should take the safest path available to them, and in this market bitcoin is the safest investment which can be made, if after some months newbies begin to think about investing in some other coins then they can begin to invest in some strong altcoins like BNB and ETH, but taking such a huge risk like investing in NFTs so early is simply unnecessary in my opinion.