Flipping gaming NFT’s for maximize profit

NFT fever is spreading faster and faster in the world. And this is not surprising! In addition to the fact that you are able to create works of art and share them with the whole world, you can also monetize what you have created. Millions of people can not only appreciate your creation audiovisuals but also feel like real collectors by buying it. In addition to buying, selling, exchanging, and auctions, NFTs are also interested in the flipping mechanics, which will be discussed today. So let’s do a flip on that term together.

What is Flipping?

Flipping has a lot in common with a buy/sell trade, but it has a few nuances. For example, you want to buy NFT not to enjoy art but to sell it more profitably later. However, you don’t have enough capital to buy an expensive NFT, which by all accounts looks very promising but very expensive. You can go to any marketplace and buy NFT much cheaper and the one that you can afford. And this is where you can flip NFT. As an owner of an NFT, you can charge a higher price than the price it was purchased for. There are many tricks in this mechanic that many users resort to. One of them is putting your NFT up for sale by the amount without one cent. By placing an NFT at $0.99, you will sell it much faster than other bidders who bid $1.

NFT flipping is buying at a low price and selling it quickly for a profit. It’s not a mechanic that has always existed and spread to absolutely everything, comics, cards with athletes, chips, etc.

Why Flip NFTs?

The answer to why owners (because the practice is more suitable for NFT owners and traders) turn over their NFTs is quite simple. It’s an opportunity to increase your capital. Since each NFT has its specific value, the opportunity to increase your income is attracting more and more investors. Despite all the possible risks, this practice of playing short. You buy and try to sell NFTs as soon as possible for the best possible profit and increase your profits. It’s a kind of alternative to earning in the long term, such as holding bitcoins, alts, or NFTs.

How to Spot Hot NFT games

The main question remains: how not to miscalculate with the choice of NFT and increase your income? This process requires some skill in performance analysis, and some market research. However, it is not complicated, and any user is able not only to master it but also to find their solutions and techniques.

First of all, find the right NFT niche for you: pictures, games, music, texts, etc. This will make turning over not only interesting for you, but also significantly help in the purchase, as you will be able to assess the value of a particular work of art.
It is worth highlighting three key indicators that determine the value of NFTs:

Floor Price. Look for NFT products at the lowest prices. The lower the minimum offer, the greater the percentage of income when flipped.

Volume. Everything is clear here — the higher the liquidity — the higher your earnings. On platforms with a high trading volume, you will be more likely to find those who want to buy your NFT.

Unique and Quantity. The more unique the NFT, the better. NFT projects with a limited number are more likely to bring you profit.

Where to Spot NFT games

We figured out how to define hot projects. Now, we need to find out where to look for them. First of all, you should pay attention to the special sections on the NFT platforms. These can be sections like “Activity”, “Rating”, “Best”, etc. Such categories will allow you to find potentially promising projects. In addition, it will not be superfluous to study social networks. The creators of NFT are usually quite media personalities and often announce their future masterpieces in their posts and on their pages.

Getting Started with Octagamex

Getting started flipping on Octogamex is easy. All you need is to connect your wallet and replenish it. After funding your account, you can access an unlimited number of NFT gaming collections for every taste.
Our platform follows all modern trends in the field of NFT gaming, and the community is actively developing.
On Octogamex, you can buy NFTs at a low price and with a minimum commission. Our collections will allow you to earn a huge fortune.

Let the adventure begin!