Risk: High

Selling NFTs can be a high-risk venture for beginners starting from scratch, especially if they can't afford to lose money. The potential losses include money invested in minting NFTs, time spent creating and marketing them, energy devoted to understanding the market, and confidence if sales are poor. Many beginners have spent money on minting NFTs but failed to generate significant returns, leading to financial losses. Startup costs for creating and listing NFTs can vary but may not pay off if the NFTs don't attract buyers. Online discussions often highlight stories of individuals failing to make profits or losing money in the NFT space.