Topic: Can you Buy NFT Crypto? How Do you Make Money with NFT? (Read 144 times)

Yes of course You can make money in a whole different ways by investing in NFT. I make money in buying NFT characters to participate in play to earn (P2E) game.

yes, I make money in buying NFT characters to participate in play to earn (P2E) game.

NFTs or non-fungible tokens are a type of cryptocurrency that is primarily used to represent the ownership of unique digital or physical assets such as unique content, designs, graphics, artwork, etc. Thanks to so many NFT marketplaces out there, it is now easy than ever to buy popular NFTs. You can make money in a whole different ways by investing in NFT. As for me, I make money in buying NFT characters to participate in play to earn (P2E) game.

Step 1:  Find a real use case.
Step 2:  Profit?
The problem:  Step 1.

The whole point is the vast majority of these NFTs have no real use case value.   Do gamers care about centralization versus decentralization when it comes to their item inventories?  Not really, they don't give a damn about privacy. 

What I am annoyed at is that it took so many speculative use cases to result in the almost ridiculously obvious idea to have assets that can be transferred across games.  Why isn't this a thing? Why has it taken a new paradigm to do something so simple?

Also the idea of placing collectible value on a picture of a baseball player on a piece of carboard is silly when you can do it just as easily digitally...  this seems like a decent use case..  Is it?

Though NFT's are best asset based earning source these days I find it way difficult to earn from them. The investment involved in them is huge. Now the other day I was playing IOI game which is based on the NFT based assets in-game purchase. There is no issue with the game particularly, the issue is with the cost of assets. They are high priced and I sometimes believe if I buy it and what if no-one buy it from me so that I can profit in a way?

Similar thoughts starts banging my head about different ways to earn rather than NFT. Why not just put it into ETH and BTC and let them do the job for me over the period of time.

I am no artist, so how can I even create an NFT for myself, neither I am interested in buying the arts. May be NFT's are really for the enthusiasts who believe in the art industry.

You have to have a good eye for under-the-radar projects. Look for potential utility, new use cases or innovations, unique offerings, cool design and art [ahem] Above all be patient, careful, deliberate, and DYOR!

Thanks for bringing this to my notice. I intended to took my mind off Axie and look for cheaper ones to join the NFT space. But now that I'm settling in, I'll give it a thorough look.

Thanks once again 

Still not that late to get into Axie, you'll see a lot of potential if you get in today while the market is favorable and got on sale a lot of cheap Axies.

I don't know much about those NFT games.

But most likely, there are a lot of NFT games that are also making themselves fame.

Maybe try to change your title to more appropriate way. Your thread is about helpful tips so you should name the title base on it. Forum is not a newspaper or magazine that needs click bait title to attract readers. Most of the user post above don't read the content while posting. Your thread is look like you are just asking base on the title and the content itself is being ignore.

Small investors will also be aware of this because they use NFT according to their needs and of course for a very large profit, so if the initial expenses seem large, it is an option for those who feel they can afford it or not with NFT.

No, not Axie. I couldn't get into Axie at early stage because I barely understand what NFT is all about then. But after Axie surges, I started putting interest in NFT projects and commit myself to research more about it. So that is when I got to know about Ccar, DNAxCAT I'm into now.

And I got couple others on my sight too.

NFTs can be used in PlayToEarn projects to get tokens by playing games - that's another funny way of earning real money here. And also there are some projects where you can lend your NFTs and get paid for this.

Is this Axie?

We mostly earn from the NFT itself if it's usable and requirement to the game that we're playing. And feature of play to earn is very popular to these days and there's something special from within that we're happy about in taking more NFTs.

We earn from the NFT and we can earn as well from reselling it if we want to.

Honestly people have overreacted to NFT world a lot, sure it is a good and new thing that everyone enjoys but do we really need it to be this big? I mean it could get even bigger don't get me wrong but it grew so fast and so quickly, I don't see why? I mean sure it is a good new thing but is it really THIS good? Do we really have the logical or reasonable backing about why it is so high? I have to say I do not think that NFT world could sustain such a rush and eventually it will be like gold rush where people who mine for gold will not get rich while people who sell shovels to miners will be insanely wealthy.

I keep seeing people creating useless and worthless NFT's and just promote it like hell for 100+ dollars, that is the lowest end where it literally is a shitNFT, this is why I believe things are going out of hand and we are getting closer to a doomsday situation.

The only problem with NFT is price, they are costly for small investors, good NFTs costs up to 1 BnB and some over 1 ETH, it depends how good the NFT is or the project itself but NFT is highly recommended, very profitable business 😁😁

I think, nowadays gaming is a pretty good way to make money from NFT. I heard and saw games like Axie on youtube, and now I'm getting interested. although I haven't played it live yet, but I need to see a little more development before actually making a decision on it.
for anything else, I might as well try to sell some art from NFT. well, i want to try to see if this is a good enough path to make money or not. if this is good, then this is the path coveted by people with a high artistic soul.

At first, I considered NFTs just as collectibles and that it was possible to earn only by successfully buying and then selling for a bigger price. But this way of making money is not guaranteed and there were few people who succeeded to sell for a bigger price. Now I am mostly investing in NFT projects and tokens of NFT-games, as there is a hype around it now.

You can make money in a whole different ways by investing in NFT. As for me, I make money in buying NFT characters to participate in play to earn (P2E) game.

You can earn NFT from gaming, Play to Earn games.

You can sell those NFTs on markets in games or you can send your NFTs to others. If you send your NFTs directly to buyers, you won't be charged fee by market in games but if you do something inaccurate, you will lose your NFTs.

If you are not sure how to send your NFTs, market in games are best options. It is like Escrow service and you are safe from scammers and your own mistakes.

NFTs or non-fungible tokens are a type of cryptocurrency that is primarily used to represent the ownership of unique digital or physical assets such as unique content, designs, graphics, artwork, etc. Thanks to so many NFT marketplaces out there, it is now easy than ever to buy popular NFTs.

So, yes, you can buy NFTs of your favorite crypto project or the ownership of arts, designs, and work of your favorite artists.


How To Make Money with NFTs

There are many ways to earn money with NFTs. The best options include –


1. Create and sell your NFTs
Creators can earn with NFT by selling their unique creations and content through NFTs. Creating an NFT to represent your unique item is quite easy nowadays. Using a platform like HUMU, you can easily turn your music, digital art, image, memes, audio, and videos to NFTs and sell them to a global audience to earn handsome rewards.

2. Buy and sell (Trade) NFTs
As a trader, you can trade NFTs on any of the leading marketplaces. The idea is to buy an NFT at a low price and then sell it at a higher price, making a decent profit. NFT traders make millions by simply trading tokens.

3. Stake NFTs
Another way to earn money with NFTs is to stake NFTs of good projects that offer rewards for their token holders. Staking refers to the process of buying and holding digital currencies and reward tokens in exchange.

4. Invest in an NFT project/startup
Lastly, you can earn by investing in high-potential NFT crypto projects. Almost all new crypto projects in the NFT space first launch their token through a sale with the intention to raise funds. This is a nice opportunity to invest in a good project and buy tokens that you can use later to buy NFTs.

NFTs are only beginning and have miles to go. More and more institutional investors are investing in them, which is why you can be confident with NFTs and know that your money is safe in them.