{ "media_type": "text", "post_content": "Have a friend telling me to get in on the baby dinos NFT drop at 2pm. I’ve never invested in an NFT but I do know what NFTs are. What should I be considering before I make my decision?", "post_id": "6176dc22f9f02000394dfcb0", "reply_count": 5, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Have a friend telling me to get in on the baby dinos NFT drop at 2pm. I’ve never invested in an NFT but I do know what NFTs are. What should I be considering before I make my decision?

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Take however much money you were planning on wasting on this and buy VOO

likefunny

Buy more?

You just need to consider the volatility and find out why he thinks baby Dino’s is a good investment. Also if you don’t already have a metamask wallet setup you probably won’t be able to get it setup funded and linked in a day to be able to buy the nft. It’s hard to figure out which NFTs are legit so there’s a high chance to lose money. Especially since gas (the cost to transact on the eth blockchain) is so high

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You should not consider anything. It might have initial spike from the mint then it will fade

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