This is the story of an NFT trader who turned 0.6 ETH to more than 150 ETH in a few months without getting into whitelists or 'being early.'
a Bored Ape NFT for less than 1 ETH last year and is currently sitting on hundreds of thousands of dollars. It may not necessarily be an ape – it could be a punk, a clone, a dragon, or whatnot.
He explained that the current floor price for the project sits at about 2.5x what it was last August – when he started, to highlight that these projects don’t necessarily need to go parabolic to be successful.No lucky mints, no whitelists, no bots, and no alpha groups. A thread diving into the strategy which worked for me that anyone can use to be profitable in the NFT space…Each NFT, regardless of its collection, has certain traits that make it rare.
I’ve realized that a shocking amount of people don’t even know the listings page exists… You can view real-time sales and listings as they come in… This page is your textbook, study it nonstop. It’s almost always the wrong move to be all in. A slight downturn in the collection’s floor price could burn you badly in the short run, and on top of that, you won’t have any ETH available to buy the deals from the panic sellers on the down turn. – He said.
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