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Monday, May 5, 2025

NFT Guide of 2025 - Explainer for artists and traders

Here's the simplest step-by-step explanation for both selling NFTs as an artist and trading NFTs as a beginner with $1000:


Part 1: Selling NFTs as a Digital Artist


Step-by-step:

  1. Create Your Art:

    • Use any digital art tool (Photoshop, Procreate, NightCafe, etc.).

    • Make sure it's high-quality and original.

  2. Choose an NFT Platform:

    • Easy options: OpenSea (Ethereum, Polygon), Rarible, or Objkt (Tezos).

    • For low fees: Polygon (on OpenSea) or Tezos (on Objkt) is best.

  3. Create a Crypto Wallet:

    • Use MetaMask or Kukai.

    • Write down your secret phrase—never lose it!

  4. Add Funds (Gas Fees):

    • Buy some ETH (Ethereum) or XTZ (Tezos) via Coinbase or another exchange.

    • $20–$50 is enough for most minting fees.

  5. Mint (Create) Your NFT:

    • Upload your art, title it, write a description.

    • Choose royalties (usually 5–10%) so you earn from resales.

  6. List It for Sale:

    • Choose a fixed price or auction.

    • Promote your NFT on Twitter, Discord, Reddit, Instagram.

  7. Get Sales:

    • Build a community by being active online.

    • Engage with other artists and collectors.


Part 2: Trading NFTs With $1000 (Beginner Strategy)


Goal: Grow your $1000 by buying undervalued NFTs and selling higher.


Steps:

  1. Pick the Right Chain:

    • Ethereum has premium NFTs but higher gas fees.

    • Polygon, Solana, and Tezos are cheaper, better for beginners.

  2. Study the Market (DYOR = Do Your Own Research):

  3. Buy Floor NFTs of Trusted Projects:

    • "Floor NFTs" = the cheapest available in a good collection.

    • Look for trending, active communities (on Discord/Twitter).

  4. Flip or Hold:

    • Flip: Buy low, sell 20–50% higher.

    • Hold: Only if the project has a solid road map or strong art/community.

  5. Diversify Your Buys:

    • Don't go all-in on one NFT.

    • Spread across 3–5 different pieces or collections.

  6. Avoid Scams:

    • Never click random links.

    • Double-check official project pages.

  7. Use Tools:

    • Use NFTSniper or Rarity.tools to find good deals.

    • Use Gem.xyz or Blur.io to snipe floor listings.

  8. Reinvest Profits:

    • Take out small profits.

    • Reinvest into more promising NFTs to scale up.



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