I believe NFTs are highly speculative, even though they have created a class of NFT millionaires. It is not a particularly safe investment to grow your money. But if I had $1000 lying around and I were feeling a high risk investment here’s how I would go about it.
First, I will try to identify the NFTs that haven’t blown up yet and try to get in there early.
Secondly, of course before you buy, create your account at an NFT Marketplace, create a digital wallet, and fund your account. At most marketplaces the process is fairly straightforward, they walk you through each step. Not much more difficult than buying something online.
Finally, keep an eye on the market. You can either choose to sell your NFT or hold, it’s up to you.
Some interesting marketplaces:
- Avalanche: https://nftstars.app/en/marketplace/
- Solana: https://solanart.io/
- OpenSea: https://opensea.io/
As with any investment, please DYOR.
