In many projects I have seen how people sell their NFT at a loss after buying an NFT. They don't know the right strategy and don't know what costs they have to pay.
After watching this video you will know what the term flipping means. I will explain the NFT market and tell you how to make money by flipping NFT.
Flipping is a term used to describe the process of purchasing items at low prices and quickly selling them for a profit. It's been around for a long time, dating back to the days when people made money by flipping trading cards, toys, and comic books, and it's now experiencing a massive uptick in the NFT space.
#NFT# Only valuable objects can be flipped, and NFTs have shown that they are valuable, attracting investors from all over the world. You could choose to invest in high-volume NFT initiatives for speedier profits in addition to owning Bitcoin and altcoins for the long term or making and collecting tokenized art. Although dangerous, flipping NFTs is a quick way to boost the value of your portfolio. As we will see today, flipping can be rewarding, but it can also be incredibly dangerous
It can be simple to hold a work of digital art that is rapidly increasing in value. When the floor price of a collection you acquired in presale continues to rise every day. That can be a great feeling, especially when you watch it reaching a new floor price on a daily basis. Choosing when to sell can be a challenging task. Couldn't you just wait a few more days and the price would be double next week? Is it possible that it will simply crash tomorrow? Maybe. Perhaps not. What are the chances?
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Flipping NFT
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