Blockchain & cryptocurrency have revolutionized investing. An NFT collection on Ethereum can easily have a floor price of more than $1,000! With this guide, you will be well-equipped to step into the trading arena & benefit from the NFT frenzy. 🔥
. Since utility in the NFT space is highly subjective, it's best to focus on teams that actively keep developing.that never need to sell is the best. Others maintain that you want as many unique holders as possible to have a diversified fan base. The truth isNFT Scarcity and Rarityrarity of an individual NFT
. All serious collections have rarity tools, so the rarer your non-fungible tokens, the more valuable they are.Most articles will give you basic adviceLike no kidding, Sherlock. And I thought I should look for overpriced NFTs!Mint Non-Fungible Tokens Early and Mint at Least TwoThe first strategy is. That way, you can sell one if it doubles and cover your investment. The second you keep as a moonshot.
like OpenSea. For this strategy, you need a good grasp of NFT Twitter and understand which influencers back a project. Some NFT projects get hyped up fast, so if you follow the right people, you can still get "underpriced" collections early.Of course, the best NFT trading strategy is to buy the most valuable NFTs. But not everyone can afford a Bored Ape or a Crypto Punk. However, some protocols allow you to.
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