Every person should first do good research before starting any work, no matter from which field he belongs, If a person wants to buy a plot, he will never just give money and put the plot in his name.
Instead, he will fully investigate about it if the plot is in a good location, if all energy supplies are available there, or if there is no dispute in that plot. When he becomes satisfied, then he will take the bold step to make the payment and put it in his name.
Research Before Investing in Crypto or Games
In the same way, if a crypto investor wants to invest in any coin, will he blindly invest? No, instead he will first collect full information about the coin, read the project’s whitepaper, confirm about the project’s legitimacy, and become satisfied about the bright future of this coin, then he will invest.
Similarly, all other markets works in the same way, you will never invest blindly in any project but you will try to gather all the correct information about that project to avoid any kind of loss. If anyone do not follow this rule then he might be craziest person in this world.
The same advice I want to give to gamers today. Many newcomers are there who are interested in playing Hive games and want to invest in them. It is a very good thing and welcome, but is it right to invest without any knowledge or without knowing how to play?
Absolutely not. I will never recommend starting investment in a game where you don’t even know A, B, C of that game. We all know that in the world of crypto everything is possible, it is highly volatile, and the risk of profit and loss is sudden.
In the same way in games, their native tokens can also be volatile. If today it is +20%, tomorrow it can also be -20%. In the same way, all NFT cards are not fixed in price and can give you loss. That is why you must first take information about the game and then start playing it.
When you fully understand the game, then start investing slowly. Because it is possible that the NFT cards you need, you did not buy in your first investment, and when you sell later, you face a loss.
Learn the Game First, Then Invest Slowly
In this situation, learning the game is necessary, which will also guide you about which NFT cards are needed and which to buy. The NFT cards that help you win battles are more useful than just buying random cards in the beginning and holding them.
Surely the wise way is to invest only in the cards that you really need, so that they can give you benefit. Some games examples are #Splinterlands #MoonKarts #Stakehouseden #Holozing and other games.
Surely these are the best Web3 games. But first it is necessary to learn these games. Whatever the game is, first read its whitepaper, so that you understand what is the real purpose of this game, what the team thinks about this project, whether this is a legit game or a scam. Knowing all this is very necessary.
When you are satisfied with the game, the first thing is to learn it. Every game has its own tutorial, which is for you and me to understand. For example, in Splinterlands there is a tutorial where you will understand everything step by step, and that too without any investment. In the tutorial you will not earn, but you will keep learning.
That is the purpose of the game that first the users should fully understand the game, then do practice of some matches so that the gameplay becomes clear. When you properly understand, then start with small investments. By staying in the game, slowly you will understand which cards and tokens you should buy and how to use them better.
In the same way in #MoonKarts you also get a tutorial, where you first play in practice mode races. There is no opponent there, it is only to understand the game. When you play well and understand, then start investing in tokens.
Some Hive users invest before playing the game, which at the end becomes the reason for their loss. This is because they buy such cards which are not useful for them, and when later they understand the game, then they realize that they bought the wrong card. Instead of that they should have bought another card. Then they sell that card in loss and buy the other one which helps them in winning battles.
The Summary Of the Post
In conclusion, Never invest in any game until you are fully satisfied about that game and also learn it properly. When you understand the game well, then start your career with small investments which will give you the best result.
Do you agree with my advice that before playing or investing in any game, you must read its whitepaper and understand its gameplay? Share your opinion so the post can be improved.
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Thank You! Best Wishes.
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