| I have a friend who loves collecting baseball cards.
David has been collecting since he was a kid, and he’s now in his forties. He lives near Fenway Park, and has season tickets to the Red Sox. After games, he goes over to the official Red Sox store to check out the current cards for sale, noting their prices and how quickly they sell.
Then he goes online and looks for the same cards via online marketplaces, scooping up good bargains. He tends to buy and hold for the long term, selling when the price is right.
One of his greatest trades was paying $700 for a 1910 Beals Becker, then selling it for $2,700 a few years later.
David has thousands of hours of baseball card knowledge, which gives him a mighty edge when it comes to appraising the value of cards. He intuitively knows when he sees a good bargain, because he’s seen so many baseball cards.
If you want to successfully invest in NFTs, approach them like my friend David does baseball cards. Think of NFTs as digital collectibles.
Intelligent crypto investors need some principles for investing in these digital collectibles. In this guide, I’ll briefly explain which NFTs are worth anything in 2024, and where they might fit in your investment portfolio.
Click for our nifty guide to NFTs >> | 