The Super Quick NFT Flip Method
The NFT Method
Ok. So, I’m calling this The Super Quick NFT Flip Method.
It’s not sexy, but I consider it free money (no exaggeration).
In order to use this tactic, the NFT collection must meet the two following conditions:
1.) High Volume
2.) “Super Thin Floor Price”
In other words, here are the steps:
Step 1: Basically, I go to MagicEden.io and I search for the highest volumes for the past 6 hours and/or 1 hour.
Step 2: I make sure that the price setting is set to Low to High.
Step 3: I look through all of the NFT collections and see if I see a collection that has a “super thin floor price” – which means the lowest NFT offered (Exhibit A) is much lower than the second NFT listed (Exhibit B).
The current floor price of this collection is 1 SOL. As you can see, if you were to buy it, then instantly the new floor price would be 4 SOL.
Keep in mind, this whole “super thin floor” is not something you will see too often.
So if you do see it, you have to act fast! But only if it’s a high volume project. (High volume = High chance that lots of eyeballs will be on this project).
Is it really this easy?
Answer: Yes.
I’ll show you a couple screen shots of times that I’ve done it.
Round 1:
Round 2:
Profit = 0.8 SOL (as of 11/1/22 Solana is 32.32) = $25
In less than 20 minutes, I made 25 bucks. That’s not a lot of course, but again, I look at it as a free money because I never ACTIVELY use this tactic. Normally (99% of the time) when I’m looking at high volume NFT projects, I’m looking for something to invest for the long-term.
Let me know what you think about this method.
Best Regards,
CR James | crjames.sol
https://twitter.com/crjames100