Here are some strategies that you can follow when buying moments on a marketplace (NFA):
- Research the Market: Before purchasing a moment, research the market and get an idea of the current prices for similar items. Check the recent sales history on the moment details page and compare the prices of different editions or variations of the same moment.
- Look for Bargains: Keep an eye out for serials that are undervalued or underpriced. These may be hidden gems that could appreciate in value over time, so be sure to snatch them up when you can.
- Consider the Rarity: Rarity plays a big role in the value of moments. The rarer the moment, the higher its value. Look for moments with unique features, such as limited edition releases, rare attributes, or special features that can increase its value.
- Set a Budget: Set a budget for your moment purchases, and stick to it.
- Wait for the Right Time: Don't rush to buy a moment as soon as it's listed on the marketplace. Wait for the right time, such as during a dip in the market to get the best price possible.
- Be Patient: Moment prices can be volatile and fluctuate greatly over time. If you miss out on a moment you were interested in, be patient and wait for the right opportunity to come along.
- Tax Calculations: You are solely responsible for determining what, if any, taxes apply to your Digital Collectible/ Moment-related transactions. Animoca are not responsible for determining the taxes that apply to your transactions on the website.