An investment strategy where you buy something with the goal of reselling for a profit later, usually in a short period of time.
What Is Flipping?
Flipping is an investment strategy (mostly popularized by real estate investing) where you buy something with the goal of reselling for a profit later, usually in a short period of time.
In the context of ICOs, flipping refers to the strategy of investing in tokens before they are listed on exchanges, then quickly reselling them for a profit when they start trading on exchanges in the secondary market.Flipping can occur with any cryptocurrency or asset, but “Bitcoin flipping” is a common phrase in the industry. This occurs when a market participant purchases a certain quantity of Bitcoin at a price with the hope of shortly selling it later for a higher price.
The strategy of Bitcoin flipping can be particularly useful during times of high volatility and price spikes.
It also makes it much easier to capitalize on the frenzy that has engulfed cryptocurrency markets.
Listing a cryptocurrency on an exchange can often boost confidence in the cryptocurrency as well as the price.
This is because those cryptos prices often rise after an ICO compared with their pre-ICO price.