Weiss Ratings NFT Wealth Builder Review
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Weiss Ratings NFT Wealth Builder Review
This service from Weiss Ratings recommends a diversified portfolio of different asset classes that can help investors participate in the non-fungible token (NFT) phenomenon.
In addition to select NFTs, those can include NFT-related cryptos that can be bought on major exchanges.
The Bitcoin revolution challenged government-controlled money. Decentralized finance (DeFi) came next, disrupting banking. Now, NFTs have launched a new kind of revolution, transforming the entire mechanism for asset ownership and exchange.
These three revolutions have one thing in common: They’re based on blockchain technology, which provides a unique combination of transparency and security.
But I think calling all of them “cryptocurrencies” is a stretch.
Narrowly defined, a cryptocurrency is a medium of exchange. But NFTs are almost never used for that purpose. Instead, they’re used to clearly define and lock down ownership in assets that were either born in the digital world or transformed into digital assets.
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What does NFT Wealth Builder Recommend?
It recommends a diversified portfolio of different asset classes that can help investors participate in the non-fungible token (NFT) phenomenon. In addition to select NFTs, those can include NFT-related cryptos that can be bought on major exchanges.
My Favorite Crypto Course
Here is my favorite crypto course called Crypto Swap Profits by Joel Peterson. It covers everything from NFT’s to an awesome ways to make money using the Pancakeswap game. It literally teaches you every crypto investing topic and gives you access to an excellent Mastermind group.
Check out the FREE WEBINAR HERE!
Who is the Editor of NFT Wealth Builder?
Joel Kruger is a pioneer investor and analyst at Weiss Ratings. He is an expert in the fast-growing blockchain sector of NFTs (non-fungible tokens). He began buying some of the world’s first NFTs at a time when most crypto experts thought they were a joke. But the rapid rise in his NFT portfolio value proved them wrong.
Joel Kruger started NFT investing in its very early days in 2018.
He even purchased CryptoPunk NFTs that helped launch the industry, paying a bit over $1,000 for one that’s valued at more than $5 million today.
He sold it later for what, at the time, seemed like a tremendous profit, but only a fraction of what it’s worth today. This experience was a valuable lesson that helped shape his primary NFT investing philosophy today: “Buy cheap. But don’t sell.”
Weiss Ratings NFT Wealth Builder Review: What Are NFT’s?
Non-fungible tokens are primarily unique assets that are not exchangeable. For the most part, they’re more akin to individual, unique real estate properties or collectibles.
I think the general perception is that NFT’s are all art pieces. Art is the main use for NFTs and they are almost invariably issued as part of a collection.
And that collection could include thousands of similar NFTs. Typically, all — or nearly all — NFTs in a particular collection appreciate in tandem. This is the main factor that allows for participation by an exclusive community of investors, such as the limited membership in NFT Wealth Builder.
Art is how it all got started. But all the signs point to even bigger opportunities ahead in industries that go far beyond art, including not only music and film but also high-tech industries, medical science, real estate and more.
My Favorite Crypto Course
Here is my favorite crypto course called Crypto Swap Profits by Joel Peterson. It covers everything from NFT’s to an awesome ways to make money using the Pancakeswap game. It literally teaches you every crypto investing topic and gives you access to an excellent Mastermind group.
Check out the FREE WEBINAR HERE!
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There are at least 16 types of NFT’s with many more to come. The most common use cases so far include art, collectibles, concert and theatre tickets, decentralized finance (DeFi) assets, digitized physical assets of all kinds, game items, insurance policies, internet domain names, music, proof of attendance, real estate in the virtual world, shared ownership of assets, sports memorabilia, videos and films, virtual cars — not to mention a new application one that Weiss Ratings has just launched with NFT Wealth Builder: NFTs of a publication all about NFTs.
NFTs are already affecting our daily life in the present. They enable nearly anyone — whether experts or laymen, rich or poor, adults or children — to digitize assets or create new ones, lock down their ownership rights in those assets and then offer them for sale in a global marketplace.
They enable corporations and organizations of all kinds to do the same.
And they enable nearly anyone — investors, savers, collectors or anyone with a bit of money in their wallet — to buy those assets.
Since an NFT is based on unique identification codes stored on the blockchain, it’s impossible for it to be replicated or spoofed.
That means that by “tokenizing” digital or real-world assets, they can be bought and sold without concern about fake or counterfeit copies. All are originals.
In addition, by converting physical assets into digital ones, it is possible to streamline the process of buying and selling, removing most intermediaries. That can ensure identity and property rights.
It can democratize ownership.
And, it gives the creators — artists or scientists — the opportunity to make their work available to fans, followers and the general public.
Bullseye Trades: Best Alerts Service
Every Monday at the market open, Jeff sends you his weekly Bullseye Trade.
2022 has been AMAZING for these Bullseye Trades!
(+50% to 300% per week in my experience)
Weiss Ratings NFT Wealth Builder Review: Dashboard
The NFT Wealth Builder is dashboard is pretty simple. Here is a screenshot (below) that shows the most important part of the service – the issues and alerts. These are very in-depth reports that tell you what might be a good investment.
You can expect a report about once a week on average. These reports are interesting and appear to be very well researched.
The idea is that NFT Wealth Builder finds under valued NFT’s to purchase low and hopefully sell high in the future.
The NFT Wealth Builder strategy is to aim for generational wealth building — in other words, to hold for the long term and even build a store of wealth that transcends generations.
Nearly all blockchain-related assets move up and down in cycles. So the best times to buy is after a cyclical decline or correction.
Weiss Ratings NFT Wealth Builder Review: Conclusions
Investing in NFTs is not a sure bet. You could put a lot of work or money into it and still wind up with little to show for it. But there are also many success stories.
Consider Nathan, for example. He’s a 27-year-old artist who had only $2,000 in his bank account. Now he’s a millionaire in just one year’s time.
Twenty-one-year-old Jonathan Wolfe is another example. He had no discernible income. But in just five months, he earned $1.3 million with NFTs. “It’s bizarre,” he said. “I’m years ahead of where I thought I’d be by now.”
My Favorite Crypto Course
Here is my favorite crypto course called Crypto Swap Profits by Joel Peterson. It covers everything from NFT’s to an awesome ways to make money using the Pancakeswap game. It literally teaches you every crypto investing topic and gives you access to an excellent Mastermind group.
Check out the FREE WEBINAR HERE!
But if you think that’s a lot of money for a young person, look at Victor Langlois, age 18. Esquire reports that he sold $18 million worth of NFTs in just one year.
Nyla Hayes is even younger. But Business Insider reports that she made about $6 million in NFTs in eight months. And she’s just 12 years old.
These are young artists. They created the NFTs. And then they sold them. But to make money in NFTs, you don’t have to be an artist, and you definitely don’t have to be young.
NFT Wealth Builders seems like a great tool to help you find these NFT’s and build generational wealth.
Russell
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