Buying, Selling, & Trading NFTs

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Buying, Selling, & Trading NFTs
Most of the time when people want to make money selling NFTs, what they are talking about is flipping NFTs. Because of all the hype around hundred-million-dollar rocks, a lot of people think that you can just buy any NFT and flip it for 10x after a few weeks.


Of course, there’s more to the story.

Could you have guessed that images of rocks would sell for millions of dollars? Most new zealand whatsapp number data could not have. There’s nothing special about them except that somehow they ended up in the hype cycle and those holding the rocks profited.

To make money selling NFTs, you have to be able to pick the right project, and the right time, then sell at the peak. There’s a lot of variables to screw up.

Imagine if you are looking at a beautiful piece of painstakingly-created colorful, inspiring art. Next to it is an algorithmically created monotone, grey rock. The art costs $100. The rock costs $10,000. Which one would you buy? Most people would opt for the beautiful art, thinking that the value of NFTs is in the beauty. This is the wrong answer.