I am new to the crypto world and still learning the basics to understand how it operates. A friend who is an artist introduced me to NFTs, which he said is similar to Bitcoin. I want to know how NFT drawings can be invested in Bitcoin, but first, I need to understand how to create NFTs that have crypto value. After discussing it with my friend, I searched for help online, but instead of understanding it, I am getting more confused about it.
Do NFTs have the same value as Bitcoin? I have read that investing in Bitcoin is a good business opportunity, especially for people in West Africa who may not have many job opportunities. One can be self-employed by trading and investing in the crypto market and assets, including NFTs.
As a newbie in the forum, I have read other articles about Bitcoin, but I still need a good guideline on the crypto world, Bitcoin, and NFTs.
I wouldn't compare being "employed" to "trading". Employment takes mostly your time away and not your money (and even if there was, it'd only be spent on daily expenses like transportation and food), trading is completely different. It's a zero-sum game. You have to have something you can lose before you gain something, in this case, money.
Anw on the topic of NFT and Bitcoin, they're different. Bitcoin is a cryptocurrency, to simplify, it's a type of money you can use like how you use say USD (or whatever local currency you use). Emphasis on "like" since they still have differences. NFT's are like a "token" that certifies ownership. Just imagine it as a type of deed for that certain object, in most cases right now, it's for a piece of art.