How to Flip NFTs?

Who are the NFT Flippers?

Flipping is a loose term for buying items at low prices and selling quickly for a profit. Flippers are people who often buy some kind of asset and quickly sell it, thus earning, or not earning here as they are lucky.

What will you need?

It is often recommended that everyone get the software because without it it will be difficult, although if you don’t flip rare NFT, it will probably work without the software, again, soft is a must-have.

ETH Soft

Trait Sniper - 0.3 ETH (The most common sniper on the ETH network)

Meta Sniper — 1.48 ETH

Solana - there is a more diverse list of software

Urban — 60-140 SOL. The best NFT minter.

SolRarity — 15-22 SOL. The best sniper.

HydraScripts — 15-20 SOL. Minter + Sniper.

SOul Tools — 7-10 SOL.  Minter + Sniper.

Sol Snipers — 6 SOL.

Smart Sea Society

Galaxity RPC — 0.6 SOL

BlackRPC — 2.4 SOL

Quick Node — from 9$

How to Flip NFTs?

Before flipping a project, it is worth analyzing it. Normally, users choose assets or items with a low value in the present, hoping the value would increase in the future or with time.

Here it is worthwhile to understand whether there will be a demand for NFT data, find out the opinion about the project, and watch the announcements, it may be that the Utility will require two or more NFTs.

Next, look at the market:

• Look at the volume - usually, top collections gain from 300-600 SOL in the first 10 minutes

• Sales are one of the main indicators - at least 50 purchases per minute, maybe less if Solana lags

Don't forget:

• to keep the project's Discord and Twitter tabs open - on Discord we can see the unfavorable reviews of the project

• FoMO - never be fooled by our FoMO

• Panic - do not sell on a panic

• Catching weak hands - there are flippers who mint for 2 SOL and sell for 2.2 SOL, these people should be seen because they succumbed to panic

• Plan - have a plan for all occasions, without a plan you are doomed to failure

Flip with software

With the software, many doors open for you, because you can catch rare NFTs for a penny and set them at ~x2, many do not understand what kind of NFT they got and put them up at the lowest price, and hunters for rare NFTs are ready to buy them ~x2 from the floor price.

So here's the rule:

We catch rare NFTs with a sniper and set them at x2 or look at the floor price for rare ones and sell them.

Flip without software

Here in 99% of cases, you will not be able to catch a rare NFT, so just follow your plan.

Flip WL tokens

The only market for whitelist tokens is FamousFoxes

There is also a sniper for tokens - SolRarity - 15-22 SOL

You need to be very careful with tokens, their floor can fall in a couple of minutes and you will be left with nothing!

If you’d like to learn more, join our Discord :)