How To Buy NFTs (AND MAKE PROFITS)
#NFT #ETH
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NFTs, also know as Non-Fungible Tokens. You've been hearing about them for a while now I assume, you've been hearing many people making massive profits just by buying and selling (aka flipping) those JPEGs, right? Now what are these JPEGs, why are they valuable, how can you buy them on Opensea and how you can make profits yourself?
In order to understand what Non-fungible tokens are, you first need to understand what the word fungible means. Fungibility, means interchangeability. For example, money is interchangeable, aka fungible.
Non-fungible, is the opposite of interchangeable, call it unique if you will.
In this video, I talk about what NFTs are, where and how you can buy NFTs and make profits doing so. This video will be a tutorial on how you can buy an NFT on the platform called Opensea, and i'm going to teach you how you can create an NFT if that's what you want to do. Opensea is a platform where you can create, buy and sell NFTs.
Warning to you guys, the NFT space is very new in the crypto space, for that reason, you need to really watch out for scammers, and you must not invest any money or crypto you are not willing to lose.
00:33 Definition of NFT
02:00 Most Expensive NFTs
02:45 Disclaimer
03:09 Reasons to Buy NFT
03:45 Opensea Tutorial
08:06 How to Create Your Own NFT
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