How To Invest In NFTs 2022 (Complete Guide)
How To Invest In NFTs 2022 (Complete Guide)

How To Invest In NFTs 2022 (Complete Guide)

Jacky Vike

20 min
Business & Finance
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Description

<p>In this episode of “Y.E.L. 2.0”, your host Peter Voogd, serial Entrepreneur, Mentor, Speaker, Best-selling Author, and Founder of the prestigious ‘Game Changers Academy’ shares a simple way to understand NFTs. He gives out some great points which we need to research before investing. He also explains how they sold out their first NFT project.</p> <p>Episode Highlights</p> <ul> <li>First, understand why you’re investing, and then it’s important to adapt and understand where the markets are going.</li> <li>It's an understanding and an awareness of what's coming and how to decipher real value from hype.</li> <li>The biggest key to succeeding in this industry is, understanding how to research projects so you don't get scammed.</li> <li>Research the team/the founders who are involved, you should never invest in a project where the founders are anonymous.</li> <li>The artwork has to be differentiated as to bring people in.</li> <li>We should look for projects that give results right away.</li> <li>Peter doesn't want to be involved with people that make that much money that doesn't want to improve society and get back to culture.</li> <li>A lot of people value hype and quantity over quality. We want to value quality over quantity.</li> <li>What is longevity look like? What is their plan to make sure the holders consistently get value delivered, and the value of the NFT goes up?</li> <li>We should keep in mind while we’re looking at projects, is there a roadmap that's proven that's consistent that shows that the holders will consistently get value.</li> <li>When you see a project organically growing delivering consistent value with a little bit of hype and excitement, then that's something you might want to get invested in.</li> <li>Only take opinions from people who you would trade places with who have similar results that you have.</li> <li>Don't trade based on emotion or FOMO trade based on due diligence, preparation, understanding, and awareness.</li> </ul> <p>Three Key Points</p> <ol> <li>We should be finding pro

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andy.shore

andy.shore

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