How I Lost $40,000 Making An NFT Project

21 days ago
5

In today’s video I discuss with you guys and explain exactly how I went about brainstorming and creating an NFT project called “Bored Otter Club”, and then how me and my team lost around $40,000 because of some amateur mistakes that we made.

I hope that some of you learn from our mistakes so you won’t have to suffer such huge losses and so you won’t have to go through all the unnecessary precautions we took, creating an NFT project was never an easy job to take on but I’ve always wanted to try to do something huge and I took my chances but my only problem doing all of this was that I went all in with all of my money which includes my chequing account, my savings account, and my investments account. I took all of my money out from every single account because I strongly believed in this project but I believed way too much, and unfortunately it did not turn out the way I wanted it to.

A huge lesson I learned from this is to NEVER go all in no matter what the odds are and how much you think a project will do, just pretend that you have less than you actually do. It’s incredibly sad that it cost me $40,000 to learn this simple lesson of “never going all in”, but at least I get to share it with all of you guys now.

There’s a lot of value packed information in this video “How I Lost $40,000 Making An NFT Project” so I hope each one of you learns something from it.

#nfts #nftproject #nftart

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