Becoming a better Bidder
- Define your risk and make sure you can still profit even with the maximum bid price
- Patience is key, you might not always be the highest bidder but you can still end up there when other bids are accepted or expired.
- Use looping to refresh your bids relative to the floor price
- Set hardcap bid price to put a red line if a collection get's swept (and will likely drop again later on)
- Use validity times of 15-30min on CTO and something between 1-6 hours on token bidding tasks (depending on the size of the task, usually we calculate 1 hour per 1000 bids)
Make sure you read the introduction to NFT Butlers core features:
To never miss an important event or product/feature releases, it's recommended to..