What are offers?
Offers is an application to buy at a certain price. If the price on nft is from 5 sol, you can put an offer to buy for 4 sol, and hope that someone will sell his nft for 4 sol on your order (offer).
You may wonder, what is the sense of selling to the seller for 4 sol, if you can sell it for 5 SOL? The answer is simple, let’s imagine the situation: the seller urgently needs money, or he urgently wants to get rid of his nft (peperhander). He sees that for 5 SOL NFT almost no one buys, but he wants to sell their NFT as soon as possible, respectively, he will run to sell it at a below average price, namely, on the offerers.
Why exactly on the offers? The answer: the minimum risk of losing money.
How much will you be able to earn from a single transaction?
All depends on the collection, on its price on the market, and on your offerer. On average, with a balance of 50-100 dollars, will get to earn 0.2-0.5 SOL.
How do you make money on the offers?
I think you’ve already figured out how we make money on offers. We buy on the offer at a price below the market, and sell on the market.
Now the main thing to understand all the stages and details of earning on offerers:
1) You need to find a collection with which you will work (we will place offers and trade exclusively on CoralCube and Magic Eden!).
How to choose a collection? (3 main rules):
a) It should be a collection of such a project, the floor price of which is or fluctuates in the same range for days, or even weeks (the more, the better). Example: Vandals (FP ranges from 4-5 solan for 3-4 days).
b) The flor price should preferably be thin (few listings).
c) Volumes should be medium.
Example:
2) Once you have decided on a collection, you must find your ideal entry point, for this we will examine the situation on the collection chart POPHEADZ:
What do we see here?
We see that the price fluctuates from 1.2 to 1.6 SOL. More than 5 times the price went up to 1.2-1.3, and then we see a payoff.
What is the ideal entry and exit point?
1.2-1.3 (exit point)
1.5-1.6 (exit point)
3) Next, you need to learn how to properly scatter offers to go in the plus.
You need to allocate offers depending on the profit that you want to take from this deal. I advise you to count on a profit of at least 0.3 SOL.
Practice:
