{"id":516,"date":"2022-11-18T12:44:48","date_gmt":"2022-11-18T12:44:48","guid":{"rendered":"http:\/\/78.47.81.216\/?p=516"},"modified":"2022-12-19T09:36:43","modified_gmt":"2022-12-19T09:36:43","slug":"nft-investment-how-to-invest-in-nft-and-earn-money","status":"publish","type":"post","link":"https:\/\/blog.ag.qubiq.cc\/?p=516","title":{"rendered":"NFT Investment: How To Invest In NFT And Earn Money?"},"content":{"rendered":"\n
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There are two main ways to make money on NFT: mint and sell your own collection, or just purchase the existing one and resell it when the price gets higher. Today, we will explore the second way, which requires less technical skills and better suits beginners.<\/p>\n\n\n\n

How to invest in NFTs<\/strong><\/p>\n\n\n\n

In this context, investing in NFTs means purchasing a token or an NFT collection with the aim to resell it later for a higher price.<\/p>\n\n\n\n

To start investing in NFTs, you need 3 basic elements: an NFT marketplace, a crypto wallet and some amount of Ethereum. There are many NFT marketplaces: Binance NFT, Rarible, and OpenSea \u2014 the biggest one and the best for start.<\/p>\n\n\n\n

1) Register a new account on OpenSea (or another platform, as you wish).<\/p>\n\n\n\n

2) Create a crypto wallet and purchase some ETH: you will need it to pay gas fees.<\/p>\n\n\n\n

3) Link your crypto wallet to your OpenSea account.<\/p>\n\n\n\n

4) Purchase your first NFT on auction or for a flat fee. Note: the final price on auction may be much higher than the initial price.<\/p>\n\n\n\n

Best investing strategies<\/strong><\/p>\n\n\n\n

If you don\u2019t know how to start, try one of these most popular strategies:<\/p>\n\n\n\n

Invest in NFT digital art<\/em><\/strong><\/p>\n\n\n\n

NFT artworks remain the most widespread tool for digital investments and making money. By investing in NFT digital art, you can sell them to earn profits when their value increases in the future.<\/p>\n\n\n\n

Invest in NFT games<\/em><\/strong><\/p>\n\n\n\n

Play-to-earn games are rapidly gaining popularity among both gamers and investors. Gaming NFTs are represented as items such as skins, guns, collectibles, etc, which players are just chasing after. They can be traded on in-game marketplace or outside platforms, and rise in price as the game evolves.<\/p>\n\n\n\n

Invest in NFT startups<\/strong><\/h5>\n\n\n\n

There are a lot of promising NFTs startups in the crypto market. Most of them have low prices at the start, but have all chances to become to-the-moon projects, and make something revolutionary.<\/p>\n\n\n\n

NFTs for investing<\/strong><\/p>\n\n\n\n

Of course, the best digital assets for investing are well-known and acknowledged collections such as Crypto Punks or Bored Apes. Even Justin Bieber has purchased an Ape\u2026for $1.3 million!<\/p>\n\n\n\n

So, the main issue for beginners is a pretty high cost of these NFTs. However, there are thousands of less famous but ambitious collections, which can also be a good investment.<\/p>\n\n\n\n

Before choosing your first NFT, do some analytics: explore leaderboards<\/a> of trending collections to find out which performs best, and which attracts the most investors\u2019 attention. Check hashtags of these collections on Twitter to see what other people think about them. Try to find more information about the developers, and if they have already created other successful projects.<\/p>\n\n\n\n

Making money on NFTs<\/strong><\/p>\n\n\n\n

When you have purchased your first NFT, the next thing you need to do is to select the most suitable way of earning profit. Let\u2019s explore some.<\/p>\n\n\n\n

Trading<\/h5>\n\n\n\n

NFTs can be treated just like stocks: purchased for a lower price, and then sold more expensively. However, trading may seem risky amidst the ongoing bear market. For this strategy, knowing when to sell is crucial.<\/p>\n\n\n\n

Renting out<\/em><\/strong><\/p>\n\n\n\n

Renting out is an effective way to earn money from NFTs without losing ownership. You can just loan your NFT to someone for some time in exchange for money.<\/p>\n\n\n\n

Staking<\/em><\/strong><\/p>\n\n\n\n

NFT staking is putting your tokens to work on the blockchain for a reward. We have already described this method in one of our previous articles<\/a>.<\/p>\n\n\n\n

Conclusion: Are NFTs a good investment?<\/strong><\/p>\n\n\n\n

Although digital assets are often thought of as a risky venture, we can witness how NFTs are conquering the world step by step. They appear in traditional games, in promo campaigns of popular brands, even celebrities create NFTs to hype. Such interest shows that the future of NFT will be very promising and exciting.<\/p>\n\n\n\n

Today we are in the middle of another bear market, when the prices are low and everything seems hopeless. But each downtrend is followed by a new successful cycle. So, don\u2019t miss your opportunity to catch this train!<\/p>\n","protected":false},"excerpt":{"rendered":"

There are two main ways to make money on NFT: mint and sell your own collection, or just purchase the existing one and resell it when the price gets higher. Today, we will explore the second way, which requires less technical skills and better suits beginners. How to invest in NFTs In this context, investing […]<\/p>\n","protected":false},"author":7,"featured_media":517,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[38,61,39,54],"authors":[37],"class_list":["post-516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-education","tag-investment","tag-nft","tag-staking","authors-alphaguilty"],"acf":{"reading_time":3},"author-name":"AG Content Manager","suggested-articles":[{"ID":329,"post_author":"7","post_date":"2022-11-14 13:27:45","post_date_gmt":"2022-11-14 13:27:45","post_content":"\n

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What happened to one of the most significant projects in crypto?<\/strong><\/p>\n\n\n\n

TerraUSD (UST), a stablecoin that has been designed to have a price of $1, has lost its dollar peg for the second time in three days, falling to as low as $0.65 on Monday, the 9th of May, 2020. The price of LUNA, the native coin of a blockchain for UST, has dropped over 44% to $24 at the same time.<\/p>\n\n\n\n

How does UST work?<\/strong><\/p>\n\n\n\n

You can exchange LUNA for UST dollar-to-dollar and vice versa, meaning that if LUNA is at $100, you can redeem it for 100 UST. As a rule, you can take 1 UST for $1 worth of LUNA, even if UST is worth less than $1. If UST is trading at $0.99, arbitrageurs can buy it and redeem it for $1 of LUNA. Traders seeking to profit from arbitrage opportunities regularly swap UST for Luna and back, thus ensuring the price stays close to $1.<\/p>\n\n\n\n

How were the algorithms compromised?<\/strong><\/p>\n\n\n\n

Another stability factor of UST stablecoin is Anchor Protocol<\/a>, which offered above-market interest rates of 20% on UST deposits on Terra\u2019s blockchain, while competitors could give only around 0.4%-1%. That created a significant demand for the UST token as well.<\/p>\n\n\n\n

However, those algorithms and the logic behind them were compromised.<\/p>\n\n\n\n

The founder of Terra Do Kwon has retweeted<\/a>, \u201ctoday\u2019s attack on Terra-Luna-UST was deliberate and coordinated. Massive 285m UST dump on Curve and Binance by a single player followed by massive shorts on Luna and hundreds of Twitter posts. Pure staging. The project is bothering someone. on the right path!<\/em>\u201d<\/p>\n\n\n\n

Luna Foundation Guard (LFG)<\/a>, a nonprofit organization aiming to maintain and develop the Terra ecosystem, took over the damage control to mitigate further losses to the maximum extent and bring the stablecoin back to $1. Since the value of LUNA and the UST peg itself have been volatile, yesterday, LFG floated a total of $1.5 billion worth of Bitcoin to add much-needed liquidity to the ecosystem. LFG has also made loans to several trading companies to protect the UST peg. However, it is not known whether Bitcoin can prove to be completely stable support for a UST stablecoin.<\/p>\n\n\n\n

Terra also exacerbated a more profound market decline by using its Bitcoin reserves to protect the dollar peg. Earlier today, the world\u2019s largest cryptocurrency fell to a new yearly low of $29,731. Other participants in the Terra ecosystem have expressed confidence that UST will restore the peg shortly. Tron founder, Justin Su, tweeted that he was buying UST. This week, Tron also launched a stablecoin based on a similar mechanism called USDD.<\/p>\n\n\n\n

Jose Mar\u00eda Macedo, a member of the LFG Governing Council, stressed in a conversation with CoinDesk that there would be enough reserve funds to restore a stable UST price. However, critics<\/a> of the organization believe that it has only \u201cbought another day of time.\u201d<\/p>\n\n\n\n

The day was epic in the crypto world. Let\u2019s see how this one will be turned out.<\/p>\n","post_title":"Luna case: UST loses its peg","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"luna-case-ust-loses-its-peg","to_ping":"","pinged":"","post_modified":"2022-12-19 09:44:44","post_modified_gmt":"2022-12-19 09:44:44","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=329","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":763,"post_author":"7","post_date":"2023-01-06 21:37:39","post_date_gmt":"2023-01-06 21:37:39","post_content":"\n

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We've specially prepared an ultimate guide <\/strong>for you, so you can learn <\/strong>everything you need to understand about NFT in one topic. If you are a beginner <\/strong>in the field of crypto<\/a> and want to learn a lot more about NFT work<\/strong>, this stuff is for you.<\/p>\n\n\n\n

The demand for NFTs remains<\/strong> at a high level, even though the emergence of the NFT <\/strong>bubble causes controversy among crypto<\/a> <\/strong>enthusiasts. Many people are attracted by low commissions, the speed of transactions, and anonymity, which guarantees safe transfers. NFTs also provide a great opportunity to make money from passive income.<\/p>\n\n\n\n

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So, in this field, it is impossible not to remember tokens, NFT<\/strong>, and blockchain technology<\/strong> features. Concepts of cryptocurrencies and NFTs<\/strong> often go in the same area, and novice crypto<\/a> users can get confused about them. NFT is a digital asset<\/strong> that is valuable nowadays and we will talk about it in more detail. Now we go deep into non-fungible tokens<\/strong> topic. So, we will explain <\/strong>why they are considered so valuable<\/strong>. Before you learn <\/strong>something drastically new about NFT<\/strong>, let's start with the basics.<\/p>\n\n\n\n

What are NFT <\/strong>and Blockchain Technology<\/strong>?<\/h2>\n\n\n\n

In the last year and a half, NFTs have not only become a popular topic of discussion in the community but have also allowed people <\/strong>to make <\/strong>significant money, giving a second wind to digital art, which we will talk more about next.<\/p>\n\n\n\n

So, NFT <\/strong>assigns the property of a digital object to a single user and confirms the uniqueness of such a right of property. The definition of such tokens <\/strong>comes from the cryptocurrency world. NFTs are created<\/strong> on a special technology that records data in digital blocks in a certain order. This technology is called blockchain and it has several features we need to explain:<\/p>\n\n\n\n