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This was my experience flipping

Posted: Sun Jan 19, 2025 6:50 am
by zihadhosenjm50
This was my experience flipping NFTs in the short period I did it. An NFT project would sell out, then items would immediately flip for higher prices for a couple hours after the initial drop, then reselling activity would drop precipitously and eventually stop (for most projects).

The technical piece is you provide your wallet address to the NFT singapore buy cell phone number list stakeholders. Again, this is usually managed through Discord. They’ll add your wallet address to the smart contract and ONLY those wallet addresses will be permitted to mint NFTs.

Minting NFTs
When you talk about buying an NFT it usually means on the secondary market, like OpenSea. Buying is usually associated with existing NFT projects with revealed NFTs. Minting on the other hand means buying a brand new, fresh one that no one has ever owned.

Minting NFTs is generally going to be done for brand new projects and through what’s called a minting website. There are other ways to mint NFTs but the standard, and what you’d expect to see from a solid project, would be a great minting website. The branding for the website, social media and NFTs should all match and be well designed.

Other Social Media
Twitter is a great place and maybe one of the main places to learn about NFTs and discover new projects. TikTok is another really great source of information and a place to discover NFT projects. Check the NFT project on TikTok and see if they have an account.

Also search TikTok the same way you’d search Twitter to find what people are saying about the NFT project you’re interested in investing in. Have people posted videos with good or bad information? Are there any videos or people talking about the NFT project at all?