Compass Art

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Frequently asked questions

How can Compass help me research and analyze wallets?

Compass is a tool that specializes in wallet research and analysis. It can help you research and analyze wallets by providing insights on bids, flips, and counterparties. It allows you to create trader groups and set alerts on any type of activity, enabling you to analyze and copy anyone's trades in real time. Compass also provides accurate portfolio valuations and flip history, allowing you to track your own or any trader's performance over time. Additionally, it measures asset liquidity to filter out worthless tokens and provide a clear picture of your assets' worth. Overall, Compass streamlines the process of researching and analyzing wallets, making it easier to understand profitable strategies and learn from others in the NFT trading space.

What features does Compass offer for setting alerts?

Compass offers the following features for setting alerts:

1. Create trader groups and set alerts on any type of activity.
2. Receive notifications to your phone to analyze and copy anyone's trades in real time.
3. Accurate portfolio valuations and flip history to track your performance or any trader's performance over time.
4. Measure asset liquidity to filter out worthless tokens and provide a clear picture of your assets' worth.
5. No-code automations for NFT traders, allowing you to automate your trading and alerts.
6. Set up stop loss alerts using Compass No-code Automations, where you can create an automation that lists your NFT on sale when the price falls below a certain threshold, hedging against floor price drops automatically.

Can I track the performance of my portfolio over time with Compass?

Yes, you can track the performance of your portfolio over time with Compass. Compass provides accurate portfolio valuations and flip history, allowing you to see your or any trader's performance over time. This feature helps you measure asset liquidity and filter out worthless tokens, giving you a clear picture of your assets' worth.

How does Compass filter out worthless tokens?

Compass filters out worthless tokens by measuring asset liquidity. It provides accurate portfolio valuations and flip history to give users a clear picture of the worth of their assets. This helps users identify and filter out tokens that have little to no value.

What are the customization options available for automations in Compass?

The customization options available for automations in Compass include:

• Blur Farming on Autopilot: Automate the farming of Blur points with a low risk of acceptance and a high rate of daily points.
• Auto List tokens on Floor: List tokens in bulk without affecting the floor price, allowing you to list a specific number of tokens at increasing increments from the floor.
• Create Automations in Bulk: Create multiple parallel automations for bidding on different collections, listing different tokens, and more.
• Set a Stop Loss: Use Compass No-code Automations to set up any logic imaginable, such as automatically listing your NFT for sale when the price falls below a certain threshold, providing a hedge against floor price drops.

Can I follow and copy trade other traders or collections with Compass?

Yes, with Compass, you can follow and copy trade other traders or collections. Compass allows you to discover consistently profitable NFT traders, understand their strategies and trading patterns, and streamline your trading with no-code automations. You can create trader groups, set alerts on any type of activity, and analyze and copy anyone's trades in real time. Compass also provides accurate portfolio valuations and flip history to track your performance and measure asset liquidity.

What information does Compass provide about different collections on Opensea?

Compass provides information about different collections on Opensea by allowing users to discover consistently profitable NFT traders, understand their trading strategies and patterns, and streamline trading with no-code automations. Users can find profitable wallets with profit leaderboards, filter traders based on their performance, and link wallets to a sole owner for a comprehensive view. Compass also provides insights on bids, flips, and counterparties to help users understand profitable strategies. Additionally, users can create trader groups, set alerts on any type of activity, and track their own or other traders' performance over time.