There are many different reasons people get into collecting in the world of NFTs. Some people enjoy collecting because it allows them to own a piece of virtual history, while others love the challenge of finding new and rare items. For PTM, he became an NFT collector because of the unique social aspect it provides. Selling the Bored Ape at Christie’s started his journey, and he hasn’t looked back since.
The knack for collecting NFTs
PTM is now a well-known figure in the NFT community. He’s been collecting NFTs since early 2020 and has built up a sizable collection. But how did he get into NFTs in the first place?
He first heard about NFTs online. He became a crypto enthusiast in 2016. PTM was immediately intrigued by the concept and started doing some research. He quickly realized that there was a lot that this technology could offer and decided to start investing. He has been an active investor, and his collection now includes some of the most sought-after NFTs in the world.
The former venture capitalist is a firm believer in the potential of NFTs, and he is always on the lookout for new and exciting projects. PTM is one of the most respected members of the NFT community, and his passion for collecting has made him one of the most successful investors in the space.
PTM’s thoughts on NFTs and why should people invest in them
PTM believes that NFTs are a valuable investment opportunity because they offer several advantages over traditional investments. He said, “NFTs can be easily divided and transferred, meaning that they can be used to make smaller investments. They also offer opportunities for high returns, as investors can receive a percentage of the proceeds from selling the assets they have invested in. Additionally, NFTs are less likely to be impacted by inflation than traditional investments, as their value is not directly tied to the economy’s performance.” His views on NFTs make it clear why he chose the path of being a collector in the first place.
Advice to new NFT collectors
One of the reasons people love PTM is that he always shares his experience with new collectors. He mentioned three things that upcoming NFT collectors should do to succeed in this field. PTM said, “First, you’ll need to find a secure place to store your NFTs. While most NFTs work on the Ethereum network, there are also centralized storage platforms. You’ll also need to be aware of the risks involved in investing in NFTs. Like any investment, there’s always the risk of losing what you have, so only invest what you’re comfortable losing. Finally, don’t forget to have fun! Collecting NFTs can be a great way to support your favorite artists and get your foot in the door of the exciting world of cryptocurrency.”
PTM already has a massive collection of some of the most sought-after NFTs. While the value of his collection has fluctuated, it has always allowed PTM to maintain a strong belief in the potential of NFTs. This gives PTM the confidence that NFT collectors won’t be disappointed especially if they invest in those that look promising monetarily and genuinely like.