NFTs don't have to be risky.
It's possible to flip NFTs with a nearly 100% success rate.
Here’s a guide 🧵
It's possible to flip NFTs with a nearly 100% success rate.
Here’s a guide 🧵
Flipping whitelist mints pre-reveal is one of the safest ways to make huge gains if done correctly.
In this guide:
• The strategy
• Identifying flippable projects
• Getting whitelists
• Minimizing risk
• Following the right people
In this guide:
• The strategy
• Identifying flippable projects
• Getting whitelists
• Minimizing risk
• Following the right people
1. The strategy
It’s simple. Mint a decent NFT and sell it at or near the peak of its hype.
Most NFTs reach this point right before the reveal.
After the mint, NFTs tend to go for a premium on Opensea. The goal is to capitalize on this premium.
It’s simple. Mint a decent NFT and sell it at or near the peak of its hype.
Most NFTs reach this point right before the reveal.
After the mint, NFTs tend to go for a premium on Opensea. The goal is to capitalize on this premium.
Essentially you mint the NFT and list it almost right away.
Either within a few hours, or within a few days, depending on when the reveal is.
Either within a few hours, or within a few days, depending on when the reveal is.
2. Identifying flippable projects
Look out for hyped projects.
This is where you can make massive gains.
NFT projects that sellout can go for a lot on secondary markets.
Look out for hyped projects.
This is where you can make massive gains.
NFT projects that sellout can go for a lot on secondary markets.
Discord and Twitter are your friends.
Concentrate on projects with 20k+ on both Twitter and Discord.
Get on Discord. Have some conversations to see if people are interested.
Concentrate on projects with 20k+ on both Twitter and Discord.
Get on Discord. Have some conversations to see if people are interested.
It’s possible that there are a lot of bot accounts.
A lot of people are just there because they were invited to help a friend get a whitelist spot (a lot of projects give away whitelists for inviting a certain number of people).
A lot of people are just there because they were invited to help a friend get a whitelist spot (a lot of projects give away whitelists for inviting a certain number of people).
Be flexible when identifying these projects.
They don’t have to be the best of the best.
They just need to have sellout potential.
They don’t have to be the best of the best.
They just need to have sellout potential.
3. Getting whitelists
Public sales are hard. We don’t want to deal with gas wars so we’re going to stay away from them.
Most worthwhile projects sell primarily through pre-sale or whitelists.
Public sales are hard. We don’t want to deal with gas wars so we’re going to stay away from them.
Most worthwhile projects sell primarily through pre-sale or whitelists.
Getting whitelists is a grind.
Either you have to play games, win competitions, or invite people onto the server.
Inviting people is definitely the easiest. This is where you should spend the most time.
Either you have to play games, win competitions, or invite people onto the server.
Inviting people is definitely the easiest. This is where you should spend the most time.
The best advice I have is to make sure you’re fast.
Make sure you secure your whitelist spot before it closes.
Say you have to grind to level 10 by sending messages. It would be terrible if you got to level 9 and suddenly the whitelist closed.
All those hours go to waste.
Make sure you secure your whitelist spot before it closes.
Say you have to grind to level 10 by sending messages. It would be terrible if you got to level 9 and suddenly the whitelist closed.
All those hours go to waste.
Networking is my favorite way to get whitelists.
If you already own an NFT see if there’s an alpha group on the discord.
Reach out to other owners. Even if you don’t have an NFT try to find a good alpha group on discord.
If you already own an NFT see if there’s an alpha group on the discord.
Reach out to other owners. Even if you don’t have an NFT try to find a good alpha group on discord.
Work together here.
I’ve been given a lot of whitelist spots, and I’ve been able to find out about projects early enough to grab them by networking.
I’ve been given a lot of whitelist spots, and I’ve been able to find out about projects early enough to grab them by networking.
Twitter is a great place to network. Reach out to people.
One thing I love about the crypto space is that everyone is super welcoming and helpful.
I’ve been able to talk to people with 200k+ followers and get advice + insights.
Definitely leverage Twitter.
One thing I love about the crypto space is that everyone is super welcoming and helpful.
I’ve been able to talk to people with 200k+ followers and get advice + insights.
Definitely leverage Twitter.
4. Minimizing risk
To maximize gains, we have to maximize the success rate and make the process repeatable.
When you mint, the floor price on Opensea should higher.
To maximize gains, we have to maximize the success rate and make the process repeatable.
When you mint, the floor price on Opensea should higher.
Ideally, the floor price - gas fees should be at least 20% higher.
Often people undercut the floor and it could dip. This gives you wiggle room and gives you a high probability of turning a profit.
Often people undercut the floor and it could dip. This gives you wiggle room and gives you a high probability of turning a profit.
Don’t be the first to mint. Wait for at around half of the whitelist to mint before you.
Often a large portion of the whitelist decides not to mint. If that does happen, you could be left with a low-value NFT.
We want to stay away from duds.
Often a large portion of the whitelist decides not to mint. If that does happen, you could be left with a low-value NFT.
We want to stay away from duds.
Make sure there’s decent volume on the project’s Opensea before you mint.
This ensures that you’ll actually be able to sell.
There should be at least a few sales every hour.
This ensures that you’ll actually be able to sell.
There should be at least a few sales every hour.
SELL PRE-REVEAL.
It is possible that you’re giving up an ultra rare NFT, but this is rarely the case.
More often than not you’re better off selling pre-reveal and taking profits early.
It is possible that you’re giving up an ultra rare NFT, but this is rarely the case.
More often than not you’re better off selling pre-reveal and taking profits early.
5. Following the right people
Following the right people can help you find out about great projects early.
They’re always sharing great knowledge too.
Here’s a great list:
Following the right people can help you find out about great projects early.
They’re always sharing great knowledge too.
Here’s a great list:
This strategy has worked wonders for me. If you enjoyed this thread:
1. Follow me @cryptoPothu for more of these
2. RT the tweet below to share this
1. Follow me @cryptoPothu for more of these
2. RT the tweet below to share this
Loading suggestions...