Did you know that every day hundreds if not thousands of brand new NFT collections are released and ready to be minted? If you are someone who’s been considering getting into the NFT market and begin investing, then this can obviously seem very daunting and intimidating.
Couple that with the fact that prices on already-existing NFT’s change constantly, and you have quite the handful to deal with if you want to make the best investments.
Luckily, there are things to make this much more manageable. This is, for example, NFT analytics tools such as Compass.art .
Compass.art has a large array of features and functions that makes it ideal for any investor wishing to make sound trades.
In this article, we will explore these features and functions and how they can help you make much better trades with NFT’s.
Keep Track of Changes as They Happen
It is no secret that the price of NFT’s can be very volatile and it often is. During one single day, you could easily see an NFT double in value and then fall down again.
Such is the nature of the market and that is what makes it so important to be able to monitor a range of factors overtime to make the smartest moves.
With Compass.art you can track volume, sales, average price, floor and highest sale in periods of 1m, 5m, 15m, 30m, 1h, 6h, 1d, 7d, 30d for any NFT.
This allows you to evaluate the overall investment “strength” of an NFT in essentially every way, allowing you to capitalize on a monthly, small daily, or even hourly movements.
On Compass.art’s website you will at all times have access to a list of NFT’s that are trending or being minted within the periods you select, and every minute you can keep track of how their values are progressing.
Increased Oversight Over Your Own Investments
If you already own or have just bought an NFT, then you are probably spending a lot of time manually checking how the price evolves based on what other people are selling pieces from the same collection for. If you own NFT’s from several different collections, then this is not a very efficient approach.
But with Compass.art – NFT analytics you can connect your crypto wallet to its interface and this allows you to use Compass to keep track of your wallet performance easily and efficiently.
It also allows you to put certain collections on a watchlist so you can be notified of any significant changes. You can also choose to be notified of significant changes in your currently owned collections. These alerts can be sent to your Discord, Telegram, and webhook.
Compass Premium – Even More Useful Functions
Compass is on its baseline a free service for you to use, but naturally, as with any free version of anything, the functions are limited.
To unlock the full potential of Compass you need premium access which is a monthly, semi-yearly or yearly payment. Another option is to buy the Lifetime Pass which is a Compass NFT.
As the name hints at, it gives you lifetime premium access to Compass’ functions.
Find the passes here on OpenSea: https://opensea.io/collection/compass-lifetime-pass-1
If you want to view listings in real-time as well as keep track of various floors, trade volumes for any specific NFT collection, you need premium.
With premium you can also use Compass to keep track of minting over time, the top minters, holders over time, growth on social media like Discord and Twitter, and trait-specific floors.
Making You a More Confident Investor
With all of these tools at your disposal, a lot of things become much more manageable for you as an investor and trader of NFT’s.
Instead of finding out about valuable listings when the timeframe is already over, you get to be aware of them before they even go mainstream.
Instead of selling NFT’s at bad times that diminish your profit, you get to sell them at just the right time. Instead of getting your research and information from social media and purely following your gut, you can trade professionally and earn the money that is worth your effort.
If you are not very confident in your investment skills or you’re frustrated about missing out all the time on grand opportunities, then Compass.art is going to be your friend. Not only does it make an investment in NFT’s easier, but it allows you to grow your investment competencies, making you a much more confident investor.
Compass.art Changes the Game for You
There is no doubt that Compass.art is an essential tool(https://buynft.com/tools/) for anyone dipping their toes into the world of NFT investment.
Even for veterans, it is a handy tool that makes many aspects of the investment process go a lot smoother.
With Compass.art you’ll become a much more confident investor, and your trades are bound to become more fruitful and successful.
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Source: https://coinpedia.org/press-release/find-out-the-best-nft-analytics-tool-right-now/