Re: How do you make money with NFTs?

Quote from: laredo7mm on June 16, 2021, 11:34:13 PM

Quote from: Abiky on June 11, 2021, 03:28:19 PM

I've seen people making millions of dollars selling NFTs on popular blockchain platforms. Things that were thought to be worthless are now worth a ton of cash. While all of this sounds great, it's not easy to create a unique NFT that would gain demand on the market. High gas fees on the ETH blockchain, makes it unprofitable to sell NFTs on it. Binance Smart Chain would be a better choice, but mainstream adoption on the platform is still low these days (when compared against Ethereum).

I'm wondering how do I make money with NFTs? Some guidance would be greatly appreciated. Thanks in advance.

I still don't know how I can make money from NFT without buying them. It still seems complicated to me in some ways. What I do is I buy NFT project token to make money but the thing is every NFT project lose more than 60% of its value. My portfolio is also going down because of some NFT projects. I think the NFT market is still very new and it needs time to develop.

There are some nft which have good values, and are stable one of them is axie infinity, you will enjoy playing and breeding them, then you can sell them in the market, that way you will be able to make a profit, but if you will not spend single money with those nft's there is no way you will earn just by looking at them, but you can apply for scholarship program which is very popular in Asia, you can play and have a profit with SLP, with your manager, so you play and earn, at the same time without buying.