SMB requires upfront financial investment in NFTs, making it less accessible compared to methods with minimal or no investment.
The potential for earnings is limited by market conditions, and it’s not an income method that scales without additional effort or market growth.
SMB may generate passive income if resold at higher prices, but this requires active involvement in tracking the market.
While the NFT market has seen growth, it remains volatile. The demand for SMB is subject to trends and market sentiment, which may fluctuate.
The NFT space is highly competitive, with numerous projects vying for attention, making it harder for newcomers to succeed.
Earnings are not immediate. Profits depend on finding buyers at the right price, which may take time.
The NFT market, including SMB, is highly speculative and volatile, making long-term stability uncertain.
There is significant risk in NFT investments, including the potential for financial losses if the market doesn’t perform as expected.
Newcomers face challenges due to the competitive nature of the NFT space, making it harder to enter and succeed.
The NFT market is highly sensitive to market shifts and regulatory changes, reducing its adaptability to external factors.
While NFTs are accessible globally, the process requires internet access, cryptocurrency, and blockchain knowledge, which may limit accessibility.
SMB requires a decent understanding of NFTs, cryptocurrency, and blockchain technology, making it unsuitable for beginners without prior knowledge.
The process of buying and selling NFTs involves blockchain transactions, which can incur fees and may not be as straightforward as other methods.
Making money in SMB is not guaranteed and requires market analysis, timing, and sometimes luck. It is not a simple, effortless way to earn.