πŸ†πŸ…΄πŸ…²πŸ…΄πŸ…ΈπŸ†…πŸ…΄ πŸ†‚πŸ…΄πŸ…½πŸ†‚πŸ…΄ πŸ…ΌπŸ…΄πŸ…³πŸ…ΈπŸ…° β€” Issue #10 4 Hottest Best Free NFT Investing Tools Trends for NOW

M!DΞΎ.
4 min readJul 6, 2022

Why use tools ?

Possessing the proper tool is crucial to accomplishing the task at hand. Also, the correct tools enable you or your team to execute , allowing you to increase your range of capabilities.

The second type of tool expedites operations for a certain purpose. In this situation, NFT trading. These might be irrelevant to execution , but they are essential to achieve desired outcome. β€” Great trades.

There are a variety of free tools and services available that you may integrate into your research process to ease data viewing and gathering, organize data, and predict possible outcomes based on data that you see and interpret.

Whether you are flipping NFTs, swing trading them, or investing in them over the long term, you must always have access to the tools you need to accomplish your outcome.

Otherwise, you will not only be unable to perform as required, but you will also have a less good relationship with your processes.

However, despite the fact that the tools we choose to use have a significant impact on our daily achievement, their significance is hardly emphasized. This demonstrates the significance of having the proper tooling for the task and what they contribute to your trading experience.

Productivity and Efficiency

First, having the proper tool for the job enhances the amount of work that you can complete in a given day. It accomplishes this by accelerating the completion of specific activities, so allowing you to maximize each working minute.

Here’s my top 4 favorite NFT tools and how to use them:

Icy Tools is my favorite resource for discovering new research projects.

You will find projects here before they become popular. Here you will discover new collections before your competition. You sort by the most recent hour and proceed down the list. Then you click on the links of any intriguing projects that you are interested in .

Next step is to examine social media, websites, and Discord to get a feel of the project . This is a very important step as you want to see what kind of community the project has and what culture they have.

Once you have a lead, You look more at the numbers. Uniq is the best free tool for analytics available, in my humble opinion . Free too. You can get a quick look at the important numbers and numbers don’t lie .

You look at the thinness of the floor, the number of unique holders, and the number of trades.

The move is always to buy into dumps. BUY THE DIPS .

If a project you’re looking into had a big pump, you should stay away from it. If you like the project wait for it to come back down . Whatever goes up must come down . This is a guarantee.

It’s important to have a thin floor, a high unique ownership, more diamond hands and few paper hands.

To beat your rivals, you have to think differently. The ability to learn faster than your competitors may be only sustainable competitive advantage . Nftinspect helps with this by providing PFP data .

When a user makes their PFP an NFT, they become a power holder. NFTInspect lets you look at Twitter PFP’s trends. Market sentiment is a generally overlooked tool that give competitive advantage .

If no one is using an NFT as their PFP, there will be a lot of flippers.

There will be a lot of diamond hands (holders) if a lot of people

make it their PFP.

This information can make you stand out from other traders.

When you find a project with data that stands out, You are ready to pounce . Now its time to execute.

RaritySniper helps you save money on your chosen collection. When sales are at an all-time low, there are some cheap, rare deals to be had.

Enter your collection and scroll down to see if you can find a cheap rare one.

There are two strategies to use here , either you want to buy a rare one or one from the floor. No middle ground. The rare ones can become very valuable, and the ones on the floor are easy to trade.

Conclusion

It’s important to have the right tools for the job because they can make your trading/investing life much better and give you a good feeling about your strategies.

This will not only make you feel less stressed, but it will also give you more time and energy to improve your skills. Also, if you have the right tools, you can go down other paths and take advantage of new opportunities.

I hope this helps everyone . Love , life and blessings.

Fin

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M!DΞΎ.

PM β€’Community Builder β€’Collector. NFTs/DEFI/Metaverse. Educate and Execute 4x F/3x exit. Opinion are my own