Linkbutler
Power Member
- Aug 20, 2020
- 512
- 187
I have invested in 15+ NFT projects so far, currently, my profits are +198% in total.
Some projects have gone well, some haven't. It's challenging to find the right projects to invest in.
To the other NFT investors, this won't be news but pretty obvious, but I thought I'd post it anyways for the beginners.
Without further due, here are my 5 cents on finding profitable:
Use the right tools
There is a bunch of shitty NFT tools out there. Choose a good one that doesn't list any project, because 99% of them are trash.
I use https://nfthud.io/ and http://icy.tools/ but there is also free alternatives such as https://nft-scout.io/ and manually going through Opensea.io
Look carefully at the project details
I focus mostly on the following:
Don't look too much at Twitter followers, Discord members etc, that's easy to buy (But you already know that since you're here).
That's it for now, thought I would write a quick few notes, hope it's useful for somebody even though I haven't spent 50 hours on writing it
Some projects have gone well, some haven't. It's challenging to find the right projects to invest in.
To the other NFT investors, this won't be news but pretty obvious, but I thought I'd post it anyways for the beginners.
Without further due, here are my 5 cents on finding profitable:
Use the right tools
There is a bunch of shitty NFT tools out there. Choose a good one that doesn't list any project, because 99% of them are trash.
I use https://nfthud.io/ and http://icy.tools/ but there is also free alternatives such as https://nft-scout.io/ and manually going through Opensea.io
Look carefully at the project details
I focus mostly on the following:
- The team behind the project. If the team is anonymous, then there's no way I invest.
- The artwork matters, most of the time. While some shitty art has made good profits (take for example stoner apes club) I still don't invest in projects where the art is bad.
- Utility & roadmap. Read it carefully, if it's gibberish or holds no value, then think about it twice.
Don't look too much at Twitter followers, Discord members etc, that's easy to buy (But you already know that since you're here).
That's it for now, thought I would write a quick few notes, hope it's useful for somebody even though I haven't spent 50 hours on writing it
