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How to create, buy and sell NFTs, part three

Buying an NFT, like any collectible, is a risky bet on the value going up.

If there is no demand for the NFT you buy, then you could end up paying a large amount for something that declines in value or that you cannot sell.

NFTs are still a new market so there is unlikely to be the same demand you will find for other physical items such as trading cards, art, or classic cars.

You could also create your own NFT but there is no guarantee of a buyer and you could end up wasting your time and money.

Like Bitcoin, you can buy and sell NFTs on specialized online marketplaces.


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