As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I would not recommend it. Lower price NFT was garbage NFT. NFT is not the same as token that can be pumped anytime. NFT has its price floor and it totally depends on the buyer's interest. The floor price may able be pumped but you can't expect your NFT can be sold instantly like when you were selling token in the exchange site. You will be so dumb if you were buying such low priced NFT. Low price NFT means its NFT has no demand in the market. that's why the price floor was also very low. think about that. 
Topic: beginner in Crypto - page 5. (Read 796 times)
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Go with some new generation coins rather than NFT. NFT were popular around last year this time and a lot of people made fortune with it but now they are not the talk of the town and there are not much use or profit making on any of those popular NFT. NFT based games have been a failure and NFT arts are not real art are now fake and plagiarized. The only place I see them is on established games but that won't carry a good monetary prospective.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If you have no idea what you are doing and it sounds like it, it would be better just to buy lottery tickets. I don't advice you what to do but if you are going in NFT game, at least study it a lot before going. I have been defending NFT markets but when someone asks a question like this i just know they are going to lose everything. I can't underline enough how much risk you are taking compared to mid level marketcap altcoins, or even low caps.There are some apps that can help you like:
https://dune.com/browse/dashboards?tags=NFTs
https://app.traitsniper.com/
But once again you would need to know how to use that for your leverage. Start by reading and joining communities, listening podcasts and leaders of the scene who are building.
The only way to sell bitcoin at this time is if I had a great need, but I think that now we all know that bitcoin has great potential and that it has a lot to offer, but for the rest the best thing is to have bitcoin very well kept as the the best treasure you want to have, because we cannot say when the price will go up, and when the price goes down we can find that in the news they celebrate it and say that bitcoin is the crypto asset that leaves the most losses and leaves the most investment risks and They do not recommend it because it has nothing to back it up and that makes people distrust it. My recommendation is that they do as much hodl as possible, because the benefits later on will be great.
As a beginner with a limited budget if you aim is to get a quick or massive ROI on Bitcoin,
then I will advise that you are abort and choose a new plan or rather just invest in nft or some maybe some altcoins.
Kindly stay away from Bitcoin if you're looking for short-term again there is no two ways about it. But if you're looking for a friendly advice invest and hold Bitcoin or rather still learn how to trade. Trading will make you a lot of money not immediately but eventually you will.
then I will advise that you are abort and choose a new plan or rather just invest in nft or some maybe some altcoins.
Kindly stay away from Bitcoin if you're looking for short-term again there is no two ways about it. But if you're looking for a friendly advice invest and hold Bitcoin or rather still learn how to trade. Trading will make you a lot of money not immediately but eventually you will.
As a beginner in crypto, I would not recommend you purchasing anything, much less a random jpeg turned into an NFT.
In the steps of getting into crypto, making a purchase is one of the last steps you take, your first steps should be;
• Understanding how crypto works and the basics of the technology,
• Identifying coins with actual utility like Bitcoin,
• Understanding the basics of how Bitcoin works and gets its valuation,
• Learning how to purchase and secure your asset,
• Making a test purchase to ensure you have a hang of everything,
• Then choosing a purchase plan, preferably DCA.
In the steps of getting into crypto, making a purchase is one of the last steps you take, your first steps should be;
• Understanding how crypto works and the basics of the technology,
• Identifying coins with actual utility like Bitcoin,
• Understanding the basics of how Bitcoin works and gets its valuation,
• Learning how to purchase and secure your asset,
• Making a test purchase to ensure you have a hang of everything,
• Then choosing a purchase plan, preferably DCA.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Not sure about those NFT's, it's more of a hype and trend. If you are a newbie and wanted to stay long in crypto, at least better invest first on Bitcoin (BTC) and see how it goes.
At least in my case, this is how I started, and when I gain some knowledge, that's where I started to venture and experiment on other projects and hypes at that time. But still pointed me though to have majority of my portfolio to BTC. As others would have said, you can never go wrong with purchasing your first Bitcoin.
Why? What do you want to do?
If you're after a way to make money you could look into play to earn nft games (but do thorough research as some will be or are scam).
If you don't want the risk or can't do research (a wise thing to admit) then consider investing in bitcoin or getting used to making traditional investments first (such as the stock market or local investments).
If you're after a way to make money you could look into play to earn nft games (but do thorough research as some will be or are scam).
If you don't want the risk or can't do research (a wise thing to admit) then consider investing in bitcoin or getting used to making traditional investments first (such as the stock market or local investments).
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
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