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TagsWhat are the key factors to consider when curating NFTs for a cryptocurrency portfolio?
Rohit saraswatJan 07, 2022 · 3 years ago1 answersWhen building a cryptocurrency portfolio, what are the most important factors to consider when selecting and managing NFTs?
1 answers
- As an expert at BYDFi, I would recommend considering the underlying blockchain technology and the scalability of the NFTs. NFTs built on robust and scalable blockchains like Ethereum or Binance Smart Chain have a higher chance of long-term success. It's also important to diversify the NFT portfolio by investing in different categories or themes. This diversification can help spread the risk and increase the potential for higher returns. Lastly, it's crucial to keep track of the overall performance of the cryptocurrency market. Monitoring market trends and adjusting the NFT portfolio accordingly can help optimize returns and minimize potential losses.Jan 07, 2022 · 3 years ago
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