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The best strategy to flip NFTs is to mint and sell pre-reveal. I’ve had consistent success doing this. It’s low risk, and anyone can do it.
In this guide:
- The strategy
- Identifying flippable projects
- Getting whitelists
- Minimizing risk
The Strategy
My flipping strategy is simple. Mint a decent NFT and sell it at or near the peak of its hype. Most NFTs reach this point right before the reveal. After the mint, NFTs tend to go for a premium on Opensea. The goal is to capitalize on this premium.
Essentially you mint the NFT and list it almost right away. Either within a few hours, or within a few days, depending on when the reveal is.
Identifying flippable projects
Look out for hype projects. This is where you can make massive gains. NFT projects that sellout usually sell for a premium on Opensea initially.
Discord and Twitter are your friends here. In general, concentrate on projects with 20k+ on both Twitter and Discord. Get on Discord. Have some conversations to see if people are interested. It’s possible that there are a lot of bot accounts. A lot of people are just there because they were invited to help a friend get a whitelist…