There's a lot of risk involved in cryptocurrencies but looking at how the price is on bullish trend, everyone's pretty much willing to take a shot. We're concerned how our money will turn out so suggest not to go all in, but maybe test the waters first. Cryptocurrency is definitely not for the faint-hearted. Now if you want to start, make sure you do your research and not just follow the crowd.
What's gaining popularity nowadays in the Philippines is Axie Infinity which is a play to earn NFT.
I've seen Youtube videos of a lot of success from Filipinos and am glad it's providing income to a lot of people especially amidst this pandemic. Hard times, and we're all in search of ways to make money. Now it's not cheap to join this play to earn NFT game. You'll probably need at least USD1,200 but considering there's been an increase on popularity of the game, prices are going up so you might need a little more than USD1,200.
Now why should you invest in Axie? My take is that cryptocurrencies like Bitcoin are in bullish trend. Now the prices for those have gone up, the rest will follow. You just need to choose wisely which one's to ride on while it's still early. And one of those is Axie Infinity. Then again, it's starting to take off already.
But careful now! Know your risk appetite first. Again, crypto is not for the faint-hearted.
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