To create, mint, or flip?

I have been closely monitoring the crypto market since its radical downtrend movements have become apparent. It is a difficult time to maneuver for all daily traders but for long term holders, it does not make any difference. While looking at different platforms and exchanges I came across an NFT I had forgotten about. I had it for quite some time and it was the only NFT I had on that platform. So it naturally made me interested in seeing how the NFT space could help me tackle the current state of the market.

At any given time you can either create an NFT, mint one or flip NFTs after purchasing them to make some quick profit. However, each of these actions has very different results depending on the state of the market.

For example, creating NFTs is a very good idea for creative people who already know their audience and the right prices to sell them. It can also be a stepping stone toward creating higher valued projects with long-term benefits to holders. Once you have some experience in creating the right forms of NFTs and valuing them correctly, you can be well on your way to realizing what works in the market and how can you add additional benefits like staking or breeding to create a separate ecosystem that proves rewarding to long term holders.

Minting is much riskier in that regard. First of all, you'd need to have confidence in the project to do well. You'd have to spend hours researching the whitepaper, the team behind the project, look at different aspects of the project, and then decide if it is good enough to mint for either a quick profit or long-term benefits. Especially nowadays, trusting a project is significantly more difficult since most of these factors can be faked by the creators.

Flipping is a dying breed of NFT traders. I still believe that in the near future, flippers might have it the roughest, especially because of the inflated floor prices that can be observed in the market recently. As a rule of thumb, a flipper can only profit from an NFT based on the previous selling price it had. A flipper has to value the selling price correctly based on the previous price - and this can be very tricky.

I think during a downtrend market, minters have the greatest chance of making profits. As a creator, there is a significantly low chance that your project is very popular or has a trustworthy aspect about it. As a result, most investors will shy away from buying your NFT when the security of their investment is not strong as well as the market is not on their side. As a flipper, the risks are much bigger during a red market. Most people will be either securing their funds by reducing transactions or liquidating positions. In a red market, people are less likely to take risks so no matter what the previous selling price was, your NFT will most probably not get flipped unless it is something very special.

However, as a minter, you could be making the biggest profit. For example, if you decide to mint an NFT for 1500 TRX when the price of TRX is at $0.08 and decide to sell it at 1500 TRX when the price of TRX is at $0.11, you will still be making a relatively large profit margin. Only during a downtrend market, this is possible. Mint prices will remain the same regardless of the coin price, and once the market goes up you can still sell on mint price and continue making profit.