Blue Chips: BAYC, Cryptopunks, Cool Cats, Toadz
## Being Early Four key signals to look for:
1. Project is affiliated with a proven leader
2. Volume at launch
3. Notable wallets that buy into the project
4. Meaningfully engaged community
## Monitoring Activity
1. [http://nansen.ai](https://t.co/Ofq3HGRcBe?amp=1),
2. [http://moby.gg](https://t.co/MoiX0KlHmQ?amp=1),
3. [http://icy.tools](https://t.co/UHd50z3wst?amp=1)
### Evaluating Communities
Community size is important, but could also indicate bots, or a ponzi-like invite system. Better to observe the chat. Is there meaningful discussion, or just “number go up”? Do the devs engage?
Community behavior is higher signal than community size
### Floors Vs. Rares
Rares are great, but often cost 10-30x the floor of a project. Would you rather have 20 floors, or one rare? Usually it’s only the top 50 or so most rare NFTs that are meaningfully more valuable. You might also get lucky and draw a rare from the floor.
## Fast Flipping
Some buy in early, then sell as soon as the floor price goes up. We’re talking 2-3x gains. This is fine, but you’ll pay gas each time, and lose the opportunity to sell later if the price booms. Flipping takes a lot of bandwidth. It’s not for me