As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If you plan to invest for a short period of time. Then I want to tell you to invest in Alt Coins. Because you won't get good amount of money by investing in Bitcoin for short period of time. Rather if you want to invest for long term. Then I will tell you about Bitcoin. Investing in Bitcoin has the potential to brighten your life in the future. But if you invest in NFT or altcoin then your money is at a lot of risk. So you can invest knowingly without knowing that there is a possibility of losing money. 
Topic: beginner in Crypto - page 2. (Read 707 times)
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
No. Lower priced NFTs doesn't mean it's good to put your money into it.If you are a beginner of crypto and interested in investing/trading your money into it, then just go put your money into Bitcoin while you learn about basic fundamentals of trading/investing before going any further from that. NFTs nowadays are slow rugs and even most of the users out there who investing in NFTs are still suffered in losses because it depends on hype only. Just invest on Bitcoin and call it a day.
actually with a limited money I would recommend altcoins that are still cheap, and in my opinion you should choose altcoins that are still cheap but have good potential for the future
and in my opinion the prices for altcoins that are still cheap are like, there is cardano. because there is cardano, the price is still cheap but has good potential for the future.
and in my opinion the prices for altcoins that are still cheap are like, there is cardano. because there is cardano, the price is still cheap but has good potential for the future.
The cheaper and younger a coin - the higher the risk of buying it. I'd say buying small amounts of BTC and ETH for the beginner is a good choice.
actually with a limited money I would recommend altcoins that are still cheap, and in my opinion you should choose altcoins that are still cheap but have good potential for the future
and in my opinion the prices for altcoins that are still cheap are like, there is cardano. because there is cardano, the price is still cheap but has good potential for the future.
Look at the market cap of a coin and not at just the price, Cardano is a good investment but make no mistake it has a market cap of almost 14 billion, an amount that is enormous and as such despite the cheap price of each unit its growth is limited due to the massive market cap, besides I would not recommend anyone invests in Cardano until they have invested enough money in bitcoin and ethereum, as refusing to do this is a mistake as they are by far the two best coins in this market. and in my opinion the prices for altcoins that are still cheap are like, there is cardano. because there is cardano, the price is still cheap but has good potential for the future.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If you need to ask that there's almost zero percent change you would find a one that would make you any money. I don't know what your limited budget is but sounds like you would spend most of it to eth fees. And with other chains there's even lower changes of finding a winner. And you most likely wouldn't have liquidity, you would just set a sell order and most likely someone wouldn't buy it. In fact the altcoin you are using to buy and sell nfts has way more changes to give you profits. But that's just my opinion. 
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
for me NFT is really just a trend and it can end, it is not eternal, like bitcoin or ethereum. we must be able to make the most of the moment when buying or selling NFTs. but if you are sure to invest in NFTs, then there is nothing wrong with your belief, as long as you manage your funds wisely. different from bitcoin for example, we will wait until it is safer to hold in the crypto world, and of course this is an investment with the largest allocation of funds than we have, so it doesn't interfere with our personal financesThe reason why bitcoin will go on is the fact that it's a decentralized project that is equal to everyone, NFT's were created by others and even though they are rare, they are worthless unless you consider them as worthy of your money. I could pay something a million dollars, doesn't make its value a million dollars, just its price, if I try to sell it to others and fail, then it wasn't worth it at all.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I tell you that many investors had lost their money due to the wrong choice of projects to invest in. Many people think investing in a coin without potential will make them profitable. I have that kind of mistake before, I bought some coins (shitcoins now) with low volume and cheap price but was never given the chance to sell them at least I could get my capital and I lose. If you are aiming for a profit OP a reason why you are here - I'd tell you that better choose valuable coins than cheap NFT (or any coins) as it will give you some profit assurance. In fact, you can apply DCA strategy if your funds is small rather than spending your $100 to nothing.
if you are a beginner and have a limited budget, in my opinion you are better off choosing a quality altcoin such as ethereum or it could be like xrp, because investing in these altcoins is not too high a risk. because in my opinion the most important investment is quality.
but if you are interested in buying nft, if you think that's the best decision there's no problem.
but if you are interested in buying nft, if you think that's the best decision there's no problem.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
for me NFT is really just a trend and it can end, it is not eternal, like bitcoin or ethereum. we must be able to make the most of the moment when buying or selling NFTs. but if you are sure to invest in NFTs, then there is nothing wrong with your belief, as long as you manage your funds wisely. different from bitcoin for example, we will wait until it is safer to hold in the crypto world, and of course this is an investment with the largest allocation of funds than we have, so it doesn't interfere with our personal finances As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
The NFT market emerged as a result of a trend move and is now almost over. If your budget is tight and you don't want to buy Bitcoin or Ethereum and wait for many years, if you want to take a lot of risk to get rich quick, I recommend waiting for new trends to occur instead of NFT. I think the NFT market is not going through very active days right now. I wish you good luck.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
even though you are a beginner, don't fully trust the answers given before you do your own analysis of the Nft price you mean. if you are sure that in the future you will get profit by holding the Nft, then you should take it and trade with Nft. but if you don't have a chance to earn better you look at other altcoins
Unless that investor is willing to let his money go after purchasing his NFT asset, otherwise, it's better to do a deeper research before
taking any decision regarding to this kind of asset.
NFT projects have that same sentiment with crypto asset no one can really predict the future of your investment. It's more about taking
risk and how will you handle the risk after.
Make it a habit to do your DYOR and not to follow any insight that pushes you to make a decision without a clearer vision.
I don't think nfts are scams. There are obviously many scam nft projects. But some nfts made by artists are meaningful. They can be pretty parts of your collection in my opinion. Although I think its best to start invest with altcoins. Especially coins like Ethereum or BNB. NFTs have different kind of market and they aren't beginner friendly... Its hard to pick and invest to one. But Ethereum is cool investment opportunity, its always good investment.
No one said that all NFTs are scams, but it's not the best option for a beginner to buy. It's a risky market and it's different from the regular crypto market. I think BTC and ETH are the best options for the newbies, and after that, you might think about other stuff after research.
I don't think nfts are scams. There are obviously many scam nft projects. But some nfts made by artists are meaningful. They can be pretty parts of your collection in my opinion. Although I think its best to start invest with altcoins. Especially coins like Ethereum or BNB. NFTs have different kind of market and they aren't beginner friendly... Its hard to pick and invest to one. But Ethereum is cool investment opportunity, its always good investment.
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As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Would you want to buy a stash of shitcoins or you want to buy a smaller amount of a well established asset that has been performing well for years today?This simple reasoning will solve a lot of problems in real life too. Bitcoin even in smaller amounts is always profitable when bought at the low prices. You gradually stack up those sats into bits, not that you can buy a huge amount overnight.
Low priced coins or nfts or tokens will remain low and never actually come up. This has been the trend for years now.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
even though you are a beginner, don't fully trust the answers given before you do your own analysis of the Nft price you mean. if you are sure that in the future you will get profit by holding the Nft, then you should take it and trade with Nft. but if you don't have a chance to earn better you look at other altcoins
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
even though you are a beginner, don't fully trust the answers given before you do your own analysis of the Nft price you mean. if you are sure that in the future you will get profit by holding the Nft, then you should take it and trade with Nft. but if you don't have a chance to earn better you look at other altcoins
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Depends, always. Not because an NFT is cheap would mean that there would be a high tendency that its price would go up, sometimes things are below for a reason so better use other basis such as utility of nft or size of community which are better determinants of a good investment. This is the problem when you are on a budget; it is almost having nothing to afford losing. On my end when I engaged with NFTs, I was following trends alone which are more often resulting to profit but not every project I've invested to made me rich. But one thing is for sure; choosing those whoch has high demand will also give high discount. I don't recommended for beginner in cryptocurrency for investing in NFT, how ever lower price from NFT better keep away and use your money for investing in Bitcoin or potential altcoin project only.
What potential altcoin projects? other than BNB or ETH, no altcoin is safe. I agree with you that newbies should not invest in NFTs or new trends in the market, as the possibility of loss is high, and should only invest in bitcoin instead.
What OP needs to invest is knowledge because even if bitcoin is a safe investment, without knowledge it will make him lose like NFT. An investment is safe or not when we have knowledge about it, not just buying it, it will be safe or profitable right away.
I don't recommended for beginner in cryptocurrency for investing in NFT, how ever lower price from NFT better keep away and use your money for investing in Bitcoin or potential altcoin project only.
What potential altcoin projects? other than BNB or ETH, no altcoin is safe. I agree with you that newbies should not invest in NFTs or new trends in the market, as the possibility of loss is high, and should only invest in bitcoin instead.
What OP needs to invest is knowledge because even if bitcoin is a safe investment, without knowledge it will make him lose like NFT. An investment is safe or not when we have knowledge about it, not just buying it, it will be safe or profitable right away.
Seems have been over with NFTs hype right now and better don't spent your money for investing in NFT collection, as new or beginner in cryptocurrency better investing in Bitcoin or top ten altcoin standing at Coin market cap than waste your money purchasing NFTs. Many people loss their money after investing in NFT because late moment for investing in NFT you will miss party for selling NFT on higher price.
I don't recommended for beginner in cryptocurrency for investing in NFT, how ever lower price from NFT better keep away and use your money for investing in Bitcoin or potential altcoin project only.
I don't recommended for beginner in cryptocurrency for investing in NFT, how ever lower price from NFT better keep away and use your money for investing in Bitcoin or potential altcoin project only.
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