0.1 to 4 ETH challenge.
Challenge Start Date: July 2nd
Challenge End Date: July 5th
Current Balance: 0.096 ETH
My takeaways from purchases are just my opinion
Just sold my Moonbunny. After factoring in gas, I lost 0.004 ETH. The takeaway from this purchase is that it probably isn't a good idea to degen into random free mint projects on the secondary market.
I expect this to be a loss since it is such a risky play.
My Takeaway From This Purchase:
Almost never buy into free mint projects on secondary market. Always try and find them when they are minting.
First purchase made. Decided to take a major risk and degen into Moonbunnies.
Cost: 0.009 (with gas)
Information on this project:
708 listed out of the total 8,888 supply.
Good amount of sales.
Risk: 10/10
Current Balance: 0.0904 ETH
Today's Plan:
Buy into free mint projects. (Some have been extremely profitable.)
Buying and selling NFTs for minimal profits. (I will be looking through various marketplaces and flip for mere dollars.)
How much ETH do I need to make each day?
To go from 0.1 to 4 ETH in 3 days, I would need to make 1.3 ETH per day. Though making this much is possible, it is extremely hard.