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. 
Topic: beginner in Crypto (Read 779 times)
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.
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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.
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.
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. 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.
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.
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.
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. 
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. 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.
Bitcoin, ETH and other top altcoins have been on this phase. They sure lost their charm after some time but at least they haven't died permanently. They are still here and they are still shining whenever the bull run comes. I only want to say that it's not about the hype but it's about how valuable the project is. Not all NFT's are the same. Some are just plain images but some have a good use case. We only need to check them properly if they are worth to invest for the long term or not.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.
We cant compare ICO to them because both are just different. ICO is only a term for funding a project. They are gone replaced by a much better and safer way to fund a project but it doesn't mean that there are no more low quality and scam projects.
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.
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.
It's because there could be some sales like this[1].
[1] Giannis Antetokounmpo’s NFT Sells For $187K, Becomes Highest Sale On Sorare NBA
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.
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.
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.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If you only have a limited budget, why should you invest in NFT? Good NFT will have a high price, on the other hand, low-price NFT may end as shit NFT like shit coins in the cryptocurrency. I think it is better too little by little invest in Bitcoin. If it is too small, you may choose top altcoins that will have a higher chance to rise up in the future. At least, it is in the top 10. But, it is also risky. Investing in cryptocurrency is all risk, so it will depend on how you want to take the risk and how able you are. the thing is that NFT trend could be pretty much thing of the past right now, if I have small capital I'd definitely never ever think of investing in NFT better investing in bitcoin and ethereum that guarantees.
i'd say even if there's ultra cheap NFTs that was famous NFTs in the past, it still have good chance of just turning zero, the liquidity is limited, even I doubt there's any liquidity left or someone still willing to own these NFTs.
for me NFT is like the last thing i'd invest ever nowadays.
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.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If you only have a limited budget, why should you invest in NFT? Good NFT will have a high price, on the other hand, low-price NFT may end as shit NFT like shit coins in the cryptocurrency. I think it is better too little by little invest in Bitcoin. If it is too small, you may choose top altcoins that will have a higher chance to rise up in the future. At least, it is in the top 10. But, it is also risky. Investing in cryptocurrency is all risk, so it will depend on how you want to take the risk and how able you are. the thing is that NFT trend could be pretty much thing of the past right now, if I have small capital I'd definitely never ever think of investing in NFT better investing in bitcoin and ethereum that guarantees.
i'd say even if there's ultra cheap NFTs that was famous NFTs in the past, it still have good chance of just turning zero, the liquidity is limited, even I doubt there's any liquidity left or someone still willing to own these NFTs.
for me NFT is like the last thing i'd invest ever nowadays.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If you only have a limited budget, why should you invest in NFT? Good NFT will have a high price, on the other hand, low-price NFT may end as shit NFT like shit coins in the cryptocurrency. I think it is better too little by little invest in Bitcoin. If it is too small, you may choose top altcoins that will have a higher chance to rise up in the future. At least, it is in the top 10. But, it is also risky. Investing in cryptocurrency is all risk, so it will depend on how you want to take the risk and how able you are. 
As a newbie and with small capital, I believe you are not ready to accept losses, so I would advise you to stay away from NFT or any altcoin projects. You should focus on bitcoin, although it won't make you rich quickly, it will keep you safe, and you won't suffer losses or shock when you first enter the market. What you need now is knowledge, as long as you have knowledge of the market, I believe you will find the investment you need most without the advice of others.
You can't make a lot of money on bitcoin with a small capital, so the caveat of all altcoins is definitely not going to help you somehow multiply that capital. If we are talking about capital preservation, then bitcoin is quite suitable for this purpose. But if we are talking about making money from cryptocurrencies, then investing a small deposit in bitcoins is not really effective. Altcoins grow much more efficiently, but you should understand what you invest in.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
As a newbie and with small capital, I believe you are not ready to accept losses, so I would advise you to stay away from NFT or any altcoin projects. You should focus on bitcoin, although it won't make you rich quickly, it will keep you safe, and you won't suffer losses or shock when you first enter the market. What you need now is knowledge, as long as you have knowledge of the market, I believe you will find the investment you need most without the advice of others.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I think you need to learn more about NFT and study their performance. I know it was indeed to have a good start but the trend has changed it is getting worse day by day. If you plan to invest in lowered-priced NFTs, then I would say that you are also wanting to lose your money with them. You are saying that you only have a limited budget and it was not a problem, you can buy potential coins with the use of the DCA strategy. Stop looking for cheap coins because it shows that these coins have no market value and investors are rejected them already, How to make fortune with them? Nothing...
As a beginner, I suggest you know the basics of the usual coins and altcoins - know more about wallets, etc. Be careful with NFTs, because you are not sure you can sell it at all, much more selling at a good price. Selling NFTs is not the same as selling Bitcoin or popular altcoins which you can easily sell. More so you may be buying a fake NFT. Have you done a detailed research about the NFT? In my opinion, I suggest you buy Bitcoin and prepare to hold for long, or Ethereum, but do detailed research and hold for long. Or perhaps you should learn to trade. But take note: only invest the amount of money you can afford to lose, and don't put all your egg in one basket.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I think you need to learn more about NFT and study their performance. I know it was indeed to have a good start but the trend has changed it is getting worse day by day. If you plan to invest in lowered-priced NFTs, then I would say that you are also wanting to lose your money with them. You are saying that you only have a limited budget and it was not a problem, you can buy potential coins with the use of the DCA strategy. Stop looking for cheap coins because it shows that these coins have no market value and investors are rejected them already, How to make fortune with them? Nothing... 
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. 
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.
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.
Values are subjective and mostly pop up in people's heads and until you agree on them you won't be able to understand why people approach things differently. The value in NFTs is primarily to the beholder, the same way buying art in the early 1950's seemed belittled by people, the same is true of NFTs.
But the main difference is that NFTs have existed for only a few years while people have been collecting other art forms for thousands of years and there is no way to know if collectors will accept this new form to distribute art, after all one of the main points of collecting a piece of art is to have exclusive ownership over it, and even if NFTs do this it may not give the impression of this being the case as anyone can still enjoy a copy which is as good as the original at no cost for themselves. 
All investments NFT are high risk . It is having huge hype and the adoption market has not yet expanded in terms of usage culture. That means NFT may just be a fad and lack guarantees. The hype about NFT abounds and I think for newbies, make sure yourself and accumulate wealth more or less in coins like bitcoin
Values are subjective and mostly pop up in people's heads and until you agree on them you won't be able to understand why people approach things differently. The value in NFTs is primarily to the beholder, the same way buying art in the early 1950's seemed belittled by people, the same is true of NFTs.Personal opinion. Trading, NFT , Stocks, businesses, Bonds, etc operate under the principle of buying and selling what you truly understand and like. Operate where your competence lies. Everything is a market. What drives the market is interest.
Do you think that NFT is the only investment destination you want?
With a limited budget, you can at least buy bitcoins that are definitely real in the crypto market or altcoins like ethereum or bnb. My advice is to make the most of your money and avoid buying something you don't fully understand.
With a limited budget, you can at least buy bitcoins that are definitely real in the crypto market or altcoins like ethereum or bnb. My advice is to make the most of your money and avoid buying something you don't fully understand.
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As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Instead of investing in NFTs, it's better for you to invest in bitcoins. Bitcoin and NFT both carry a risk of loss, but bitcoin can still provide higher returns in the future than NFTs. The NFT market is currently down following the bear market trend so many of the NFT projects are losing popularity. But bitcoin isn't and it will rebound at the right time. If you have decided to buy bitcoins, you just have to wait for the bull market to be the time to take your profits.
As a beginner in cryptocurrency, here are a few key concepts that you should be familiar with :
• Blockchain: A decentralized ledger that records transactions across a network of computers. Cryptocurrencies, like Bitcoin, run on blockchain technology.
• Wallet: A digital storage device for your cryptocurrency. It allows you to send and receive digital currency, view your transaction history, and manage your private keys.
• Private Key:[/b] A string of characters that acts as a password for your wallet and allows you to access your cryptocurrency. It must be kept secure and private.
• Public Key: A unique address that identifies a cryptocurrency wallet and allows others to send you digital currency.
• Mining: The process of verifying transactions and adding them to the blockchain. Miners are rewarded with cryptocurrency for their efforts.
• Token: A digital asset that represents ownership of a unit of value, such as a currency or a commodity.
• Decentralization: The absence of a central authority controlling the cryptocurrency. Transactions are processed and verified by the network, rather than a central authority.
• Blockchain: A decentralized ledger that records transactions across a network of computers. Cryptocurrencies, like Bitcoin, run on blockchain technology.
• Wallet: A digital storage device for your cryptocurrency. It allows you to send and receive digital currency, view your transaction history, and manage your private keys.
• Private Key:[/b] A string of characters that acts as a password for your wallet and allows you to access your cryptocurrency. It must be kept secure and private.
• Public Key: A unique address that identifies a cryptocurrency wallet and allows others to send you digital currency.
• Mining: The process of verifying transactions and adding them to the blockchain. Miners are rewarded with cryptocurrency for their efforts.
• Token: A digital asset that represents ownership of a unit of value, such as a currency or a commodity.
• Decentralization: The absence of a central authority controlling the cryptocurrency. Transactions are processed and verified by the network, rather than a central authority.
When it comes to investing in NFTs, there are a few things you need to keep in mind. First and foremost, do your research and understand the market before making any decisions.
When investing in NFTs, consider these strategies:
It's important to review the project carefully before investing in it when looking at an NFT project. Take a look at the team behind the project, their experience, and what they're trying to accomplish. You should also read the project's whitepaper so you have a good understanding of the roadmap and what they plan to accomplish with the funds raised from the sale of their NFTs.
It is important to keep in mind that NFTs often have a secondary market. If there is a high demand for your NFTs, then you may be able to sell them for more than you paid for them. However, it is also important to remember that the value of NFTs can fluctuate quite a bit, so you could end up selling them for less than you paid.
As with any investment, diversifying your portfolio is crucial
When investing in NFTs, consider these strategies:
It's important to review the project carefully before investing in it when looking at an NFT project. Take a look at the team behind the project, their experience, and what they're trying to accomplish. You should also read the project's whitepaper so you have a good understanding of the roadmap and what they plan to accomplish with the funds raised from the sale of their NFTs.
It is important to keep in mind that NFTs often have a secondary market. If there is a high demand for your NFTs, then you may be able to sell them for more than you paid for them. However, it is also important to remember that the value of NFTs can fluctuate quite a bit, so you could end up selling them for less than you paid.
As with any investment, diversifying your portfolio is crucial
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Otherwise, I would not recommend a beginner with a limited budget to invest in NFT, because this is high risk. What's more, we don't know the future of the NFT itself. We even find lots of NFTs that end up like shit coins in crypto where they may not have any value anymore. So, this is more high risk for beginners.Why are you not interested in investing in Bitcoin only for the long term? However, Bitcoin is a better choice, even if your bankroll is low, it is good for the long term. You can also buy it again later if you have more money. however, make sure you understand the risks and what long term holding is like. If you still often panic about market conditions, you should first establish yourself to invest in the world of cryptocurrencies.
All investments NFT are high risk . It is having huge hype and the adoption market has not yet expanded in terms of usage culture. That means NFT may just be a fad and lack guarantees. The hype about NFT abounds and I think for newbies, make sure yourself and accumulate wealth more or less in coins like bitcoin
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Even though i am interested in cryptos for at least 5 years now i am still quite a newbie in my opinion so i am just stating my personal opinion here. My first purchase in the crypto space would definitely not be a NFT. I think the big NFT hype bubble has already bursted. Of course NFT's has some use-cases and they will definitely stay but those thousands of useless NFT collections probably won't have a bright future.
It also depends on what you want to achieve with your investment. If you want to be as safe as possible then just buy Bitcoin with your money. If you want to take a little more risk, then invest into altcoins that are already big and established like Ethereum, BNB, Cosmos etc.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I think you need to do some searches about the crypto market, particularly with NFT because I will tell you that buying them is a big mistake. Investing in crypto is not only about the price (low) but what we are about to consider is the potentiality of the project. Nothing has been said that we have to purchase in huge amounts, in fact, we can do the DCA strategy if we have a limited budget. Well, I might not change your view toward NFT projects but you should be careful with them. The majority of them are scams which is why your chances to pick the best one are very slim.
NFTs are good, but the there's a good chance that you could lose the value in the upcoming future and that's what gives their risk. I mean, it's like buying a valuable painting with no sure odds or no assurance at all that you can gain profits from holding it and sell it in let's say a couple few years from the date when you bought it. NFTs to me are all about hype and that makes them nonsense for making them as an assets as they could be more of liability to you.
When you write that NFTs are good, what do you mean? What are they good for, and for whom? For the collection makers? Absolutely. For marketplace owners? Absolutely. For end users? Absolutely not. Although during a hype these tokens can bring a good profit, but it happens not so often. Now the NFT industry is stagnant, many collections have been forgotten and will never be remembered, and NFT owners of these collections are now counting the losses.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Don't even bother. A lot of my friends quit their play to earn NFT games after the rug pull of that game. Sure there might be sort of "fun" factor there, but considering that we're talking about earning money in here through NFTs, you might just end up grinding over and over again without having a satisfying result.Since you also mentioned that you have limited budget, keep it in Bitcoin and if you're really desperate in NFTs, just some parts of your salary in your 9-5 (if you have one) and invest that to whatever NFTs are you planning to invest or purchase.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Nope. The hype is done with NFT and it's better if you'll start to accumulate bitcoin. No regrets but surely you're doing the right choice by buying it.
So, start with buying bitcoin even if you've got a limited budget because that's always the best start to make.
You are right, that overall NFTs move with hype and when the hype is over it will end with our money, and new NFTs will emerge with the hype and so on. So bitcoin is the best option to be used as an investment tool with the limited budget that OP has.
NFTs are highly risky investments and they should be avoided not only by newbies but even by long-term cryptocurrency investors, investing in NFTs is like gambling you can lose everything at once so there are worthless and just hype.
Put in more efforts in learning the basics of cryptocurrency and how to effectively manage the risk factors and the level of patience you need before you invest in any coin, a lot of so good but scam projects have flooded the market over the years, but with due diligence search, you could lay your hands on some few good coins to invest in.
Put in more efforts in learning the basics of cryptocurrency and how to effectively manage the risk factors and the level of patience you need before you invest in any coin, a lot of so good but scam projects have flooded the market over the years, but with due diligence search, you could lay your hands on some few good coins to invest in.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I personally won't recommend purchasing NFTs as they're not certainties when it comes to NFTs. Infact there's higher possibility of one loosing out from the purchase than benefiting. NFTs are known to be ridiculously priced as the value is simply based on perception and not on the intrinsic value of the content. I'll rather advise a beginner to go with Bitcoin than NFTs.
NFTs are good, but the there's a good chance that you could lose the value in the upcoming future and that's what gives their risk. I mean, it's like buying a valuable painting with no sure odds or no assurance at all that you can gain profits from holding it and sell it in let's say a couple few years from the date when you bought it. NFTs to me are all about hype and that makes them nonsense for making them as an assets as they could be more of liability to you.
I personally would not recommend beginners who are just getting into Crypto to buy NFTs. What do beginners do with it? I think there are no greater benefits than investing in bitcoin. I would recommend more for beginners to start with bitcoin, yes it is the best choice. While investing in bitcoin, we have plenty of time to learn about everything, including NFTs (if you want to buy NFTs) later. Actually I also won't mind when they insist on buying NFT, because it's their full right, here I only give the best advice, and I think many people will agree with what I'm saying.
Beginner+low budget. But NFT's are not meant for beginners. They are highly risk assets. They are not like a typical crypto where you can just sell them anytime you want in the market. And also they are not budget friendly but all legit NFT's are expensive in price. It can range to millions or even billions. You as a beginner in crypto I would only recommend you to go with crypto coins first.
You can choose if you want altcoins, tokens or bitcoin. The reason why I didn't limit you to with bitcoin is because its value is also expensive. There are still great alts and tokens out there which you can easily buy per piece. A good example would be polygon's matic.
You can choose if you want altcoins, tokens or bitcoin. The reason why I didn't limit you to with bitcoin is because its value is also expensive. There are still great alts and tokens out there which you can easily buy per piece. A good example would be polygon's matic.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I'm still wondering why you are more interested in NFT than trading Bitcoin or Altcoins?For those of you who are just starting to invest in NFT, remember not to get involved while NFT is still speculative and not everyone's work will be sold.
Tips for those starting out
- Don't buy random NFTs, try to come from sources that already have names and can be used for more of the NFT, for example to be used in the world of Metaverse, etc.
- for creators, try to be consistent, determine a new theme besides that think about NFT that can be used, whether in games, communities or others.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Nope. The hype is done with NFT and it's better if you'll start to accumulate bitcoin. No regrets but surely you're doing the right choice by buying it.
So, start with buying bitcoin even if you've got a limited budget because that's always the best start to make.
As a beginner in crypto you need to fill your mind with knowledge first in order to become aware of what projects are worth to invest in. Bitcoin and established alts are always a good option but you don't need to rely on what we're saying, dig deeper because that's how you can understand everything to make a right decision.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Nope. The hype is done with NFT and it's better if you'll start to accumulate bitcoin. No regrets but surely you're doing the right choice by buying it.
So, start with buying bitcoin even if you've got a limited budget because that's always the best start to make.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
The way things are, NFTs aren't what any newbie in this industry should be advised to go into. I don't have one myself and that's because I don't get the whole essence of it, coupled with the so many scandalous stories on the idea of NFT. Just stick to Bitcoin investment.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).
For real? Do people actually get rewarded for playing games on their devices? I get to see such adverts online but I don't believe it's for real. I think it's eventually going to end as a waste of precious time. The only one I played was faucet and I know how tasking it was. Most faucet sites don't even pay at the end. So, in gauging the whole play to earn thing online as all scam based on my experience with faucets. 
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I do not deny that NFT is fertile ground but for real investment, it is necessary to recognize the value or application that is completely unreasonable. NFT has hype, Yes it's good stuff to make profit. But the NFT is a matrix of great risk magnitude. Entirely newbies can come to NFT but make sure what you know about it before doing any. Sure and safer choose bitcoin, ETH.
I wonder why were you interested particularly in NFTs as a beginner? I'd definitely not recommend it as your first purchase, but I'd like to hear your story.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If ypu are a beginner than I say to stay clear of nfts all together. Start off by slowly buying some bitcoin and possibly some other bigger altcoins until you get your feet wet. Whatever you do don't listen to groups trying to pump their bags of low end altcoins. They are looking for people to dump on you.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Nope, many investors lose money on investing in NFT. At first the price are so high due to hype, then after sometime the market cannot sustain the demand reason the price plummet. Many NFT project just ride the hype to grab money from the naive investors. Aside from that the economics of NFT is unsustainable especially when it promise % profit every month since most of the NFT project has no funding at all and at the same time other sources that can support the market value.
If you really are into NFT then I would suggest to do your own research and make sure that the project has good partners and backers and the project developer is capable of creating many sources of income that can be put to buy order to support the liquidity of the NFT market.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
There are different NFT projects in the market so you can take a tour to opensea and see for yourself many of the crap NFTs that are available there so you can determine which one to buy and hold for the future. Many if the NFTs I am holdi6are very expensive and it might over bored you so try and search online what will reach your budget. As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Welcome to the forum. I would advise you, as a beginner in crypto, to avoid NFT in general and not to invest your money there. Almost all NFTs are scams, they are illiquid and depreciate quickly. Do you want to start your career as a crypto investor with losing money? Then you're definitely going straight to NFTs. Better buy more proven and utilitarian coins. At least they won't devalue a hundred times in a short period of time.
For me personally, I don't find NFTs interested to invest my fund into it because there is nothing important in putting my resources into arts or piece of pictures that can't be used for any reason rather just hold and it turns to zero while holding (it's entirely worthless of putting your heart earn into NFTs). Well I don't know for you, if you may find it interesting to venture into it, I believe lots of advise have been given to you here so is best advisable to know what you need. As a beginner there are things you should learn and get used to before talking of releasing your funds for investment. However, if you think you are secured and really wanting to invest due to your budget then there is no restrictions it's clearly open for you.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I personally won't recommend purchasing NFTs as they're not certainties when it comes to NFTs. Infact there's higher possibility of one loosing out from the purchase than benefiting. NFTs are known to be ridiculously priced as the value is simply based on perception and not on the intrinsic value of the content. I'll rather advise a beginner to go with Bitcoin than NFTs.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
NFTs are just well-planned scams. 90% of high valued NFTs got its price only through self-trading. It means the creator itself buys it for higher price and then re-sell for 50% discount. So, by creating a fake-hype, they are cashing out hence do not fall into them. For a beginner, I humbly like to suggest to invest only into bitcoin for the budget that you will never think about cashing out for next 10 to 20 years.When you are planning up for long term like 20 years, you can slowly go for DCA with monthly $50 or even lower to that but in the end, you will find yourself millionaire without any doubts. Keep patiently with highly reliable asset like bitcoin will definitely change your life for sure.
Well, I wouldn't recommend buying an NFT unless you've made some research. If you don't want to, just read at least a little bit about Bitcoin, and if you're interested, then buy it. This is the best starting point IMO.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
If you're looking to flip NFTs chances are you're already too late in the party once you've heard of that specific NFT and you'd just end up holding it long-term just to make even.Most of the NFT projects nowadays are designed to generate profit for the creator and early minters. So, if you want profits, probably the best thing to do is get in early and mint one rather than purchasing it on a secondary market like Opensea. Though that's just the tip of the iceberg for the things you have to be on the lookout when getting into NFTs.
You can check out this blog about it:
https://geekflare.com/nft-tracking-tools/
https://geekflare.com/nfts-challenges-and-risks/
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I guess you have heard about bitcoin, but you did not choose it but chose NFT because you want to make money fast, want to double your limited capital. There's nothing wrong with all of us wanting that, but I want to tell you that things are not so simple. If it is possible to get rich quickly, then all of us who came before you become rich and opportunities are no longer with you. Newbies should not invest, all newbies need is knowledge, when you have knowledge, you will know where to invest.
indeed our goal here is to make a profit but we have to think about the right way so as not to lose,
knowledge is indeed very important and not only beginners but all of them need to keep learning.
I don't see any promising NFTs, it even seems like the NFT market has started to dim since yesterday's bear market almost hit many projects bankrupt, but my advice is that you should just buy altcoins instead of buying NFTs, for fear you won't get any profit and only keep dust in your wallet
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I think 99% of people will advise you not to invest in NFTs if you are new to crypto. In fact, people who have been in the crypto world for a long time are also currently avoiding NFTs as a place to invest. Before starting an investment, first, understand what you are going to invest in. Especially if you have a small budget. Don't make the mistake of choosing the wrong investment when you start your career in the crypto world.What I can suggest for now is to learn more about bitcoin and altcoins. After that, it might be better if you invest in a popular altcoin that still has a low price and fits the budget you have. it might be better than choosing NFT as an initial investment in the crypto world with a limited budget.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
NFT is like shitcoin, if lucky, it can bring you a huge profit, but if unlucky, you will lose your investment. I know why you invest in NFT because you want to increase your meager amount, but that is not the way for you to start investing or survive in this market. If you don't have too much money, work hard instead of daydreaming that you can make quick money investing in NFT.
Cryptocurrency is a get-rich-quick market but not easy and not everyone can do it, you need knowledge and a little luck to do it.
No. Most low-priced NFTs are just hyped NFTs that died down or are ones that will never really go up because it isn't really marketed. I reckon there are some rare instances where they would increase in price but that would be difficult to find, you'd probably be better off investing in altcoins or something. If you really really want to buy NFTs, make sure your reason is that it's you yourself want it maybe for personal enjoyment, or anything else really as long as its not as an investment. I reckon I'd buy NFTs if I were to see some really good ones tbh.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
Do not do it, the market of NFTs is not what it was anymore, you will not make any money and instead you will lose your limited funds in the process, I can see you want to obtain huge profits in a short amount of time with your limited budget, but this is not the way to do it, in fact your goal is mistaken as even if a few people can get your desired outcome, most of them depended on their luck for this to happen and you cannot rely on something like luck to obtain profits since sooner or later you will stop being lucky and you will lose whatever money you earned this way. 
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
You have no choice because of your budget. There are some NFTs that is cheap but you can't guarantee if they are scam or legit, and I believe it is not based on the price of NFT if they are legit or scam.There are also some NFT that started with their floor price being high but later on, they dumped and became cheap, so it looks like some altcoins dumped.
As a beginner in Crypto with a limited budget would you recommend purchasing the lower priced NFT's?
I guess you have heard about bitcoin, but you did not choose it but chose NFT because you want to make money fast, want to double your limited capital. There's nothing wrong with all of us wanting that, but I want to tell you that things are not so simple. If it is possible to get rich quickly, then all of us who came before you become rich and opportunities are no longer with you. Newbies should not invest, all newbies need is knowledge, when you have knowledge, you will know where to invest.
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. 
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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