Can buying NFTs make you rich?
While some people are getting rich off NFTs, Mr. Medved advises people to remember that many other NFT projects lose value over time. “You should never invest any more money than you are willing to lose,” he said. “The NFT space, like the crypto space, is very volatile, and the markets go up and down very quickly.”
Is it easy to get rich with NFT?
It isn’t easy to get wealthy. Getting money with NFTs may be much more difficult. Especially if you don’t comprehend the potential of NFTs, their capabilities, and the reality that the human(s) behind the technology, not the fact that it’s an “NFT,” is what gives an NFT worth.
How much should I invest in NFT?
The cost to mint (aka generate) and list an NFT for sale is around $85, according to NFT’s Street. And you’ll also owe the exchange a portion of your selling price. Prices can vary wildly depending on your chosen platform, the value of ETH that day, etc.