Too many people with victim mentality in the NFT space (and the world, in general).
Ask better questions, and you’ll get better answers.
A Sat morning rant thread. (1/x)
Ask better questions, and you’ll get better answers.
A Sat morning rant thread. (1/x)
1. “Oh but gas wars are so expensive.. I can never get anything cheap at mint.”
Instead of complaining, how about exploring other platforms that don’t face that problem? @solana, for example?
Granted, it’s new and there are issues. But hey, no gas wars!
Instead of complaining, how about exploring other platforms that don’t face that problem? @solana, for example?
Granted, it’s new and there are issues. But hey, no gas wars!
2. “Oh but he had so much capital to start with, I don’t. If I had that much ETH, I could do it too.”
Sorry bud, that’s life. Someone with capital, did the work you didn’t do, took the risk you didn’t take, made the sacrifices you didn’t make, to get there.
Sorry bud, that’s life. Someone with capital, did the work you didn’t do, took the risk you didn’t take, made the sacrifices you didn’t make, to get there.
3. “He’s listing for sale! He’s DUMPING! Help, what do we do?”
It’s called taking profits, you dweeb.
If your decision to buy or sell relies on someone else decision, sorry, but you’re NGMI long term.
Think for yourself, have conviction in your buys, or don’t buy.
It’s called taking profits, you dweeb.
If your decision to buy or sell relies on someone else decision, sorry, but you’re NGMI long term.
Think for yourself, have conviction in your buys, or don’t buy.
4. “I DM-ed him on Twitter, IG, Discord to ask him what he thought about my NFT, what rank is it, how much is it worth, what the future holds, what he’s buying next, but he’s NOT REPLYING. What an ass!”
Errmm okay… there’s 1 ass here for shure.
Errmm okay… there’s 1 ass here for shure.
5. “I bought into this NFT 3 days ago, but there hasn’t been any major announcement, tie up w big brands or celebs. No major announcements, and price is falling. It’s a RUG!”
Hey bud, you took 9 months to come into this world. Chill tf out and have a beer.
Hey bud, you took 9 months to come into this world. Chill tf out and have a beer.
6. “Oh, but {somebody} started buying {something} {sometime} ago, that’s why they are so stacked. They have it easy!”
That’s called foresight and taking risks. Nobody called me a genius when I bought BTC/ETH in late 2016.
You can’t turn back time, work with what you have now.
That’s called foresight and taking risks. Nobody called me a genius when I bought BTC/ETH in late 2016.
You can’t turn back time, work with what you have now.
Now that I got that out, here’s something constructive and positive so that you get an extra edge in this highly competitive and fast moving space. 👇
𝟭. 𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗤𝘂𝗮𝗹𝗶𝘁𝘆
Just looking at the upcoming NFT launches on Rarity Tools gives me a massive headache.
They pretty much all look the same, and most may fail.
Ask yourself: "Am I comfortable buying and holding for the next __ months/years? If yes, then buy."
Just looking at the upcoming NFT launches on Rarity Tools gives me a massive headache.
They pretty much all look the same, and most may fail.
Ask yourself: "Am I comfortable buying and holding for the next __ months/years? If yes, then buy."
𝟮. 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝗦𝗶𝘇𝗲
This may not be applicable for those on a smaller ETH capital. But same principles still apply here.
Don't put a large % bet on any single 1 NFT. Just 1 failure can set you back for a long time.
Practise appropriate portfolio allocation. YMMV.
This may not be applicable for those on a smaller ETH capital. But same principles still apply here.
Don't put a large % bet on any single 1 NFT. Just 1 failure can set you back for a long time.
Practise appropriate portfolio allocation. YMMV.
𝟯. 𝗦𝘁𝗲𝗽 𝗕𝗮𝗰𝗸
NFTs aren't going away anytime soon, so constantly checking floor and refreshing ain't gonna do you no good.
Talk a walk. Read a book. Do some (actual) work. Spend time with the family.
You'll make more profits with far less stress by disconnecting.
NFTs aren't going away anytime soon, so constantly checking floor and refreshing ain't gonna do you no good.
Talk a walk. Read a book. Do some (actual) work. Spend time with the family.
You'll make more profits with far less stress by disconnecting.
𝟰. 𝗣𝗮𝘁𝗶𝗲𝗻𝗰𝗲
Said this before, saying this again.
Too many wants to make life-changing money in record time. Only a few will.
Think in months/years/decades, not minutes/hours/days.
If your NFT buys give you anxiety, you're gambling.
Said this before, saying this again.
Too many wants to make life-changing money in record time. Only a few will.
Think in months/years/decades, not minutes/hours/days.
If your NFT buys give you anxiety, you're gambling.
𝟱. 𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁
Who you hang around (or follow on CT) with will make or break you.
Hang with pleebs, become a pleeb.
Hang with whales, become a whale.
It is inevitable, because you learn to think, speak and act like them. And your results WILL show, over time.
Who you hang around (or follow on CT) with will make or break you.
Hang with pleebs, become a pleeb.
Hang with whales, become a whale.
It is inevitable, because you learn to think, speak and act like them. And your results WILL show, over time.
𝟲. 𝗧𝗮𝗸𝗲 𝗣𝗿𝗼𝗳𝗶𝘁𝘀
I know, this one is a controversial one. Shouldn't you HODL if you have conviction, you hypocrite?!
There's nothing wrong in taking some chips off the table occasionally, esp in profits. It's healthy, normal and what everyone should consider doing.
I know, this one is a controversial one. Shouldn't you HODL if you have conviction, you hypocrite?!
There's nothing wrong in taking some chips off the table occasionally, esp in profits. It's healthy, normal and what everyone should consider doing.
𝟳. 𝗜𝗻𝘃𝗲𝘀𝘁 𝗜𝗻 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲
I make alot of decisions based on data, some of which isn't free.
Some of them are: @icy_tools, @nansen_ai, wgmi.io, @DuneAnalytics, @parsec_finance, @DappRadar etc.
Using it to formulate my thesis gives me immense joy.
I make alot of decisions based on data, some of which isn't free.
Some of them are: @icy_tools, @nansen_ai, wgmi.io, @DuneAnalytics, @parsec_finance, @DappRadar etc.
Using it to formulate my thesis gives me immense joy.
𝟴. 𝗜𝗻𝘃𝗲𝘀𝘁 𝗪𝗶𝘁𝗵 𝗠𝗼𝗻𝗲𝘆 𝗬𝗼𝘂 𝗖𝗮𝗻 𝗔𝗳𝗳𝗼𝗿𝗱
If you are worried you will lose all your NFT monies, you're over-leveraged. Trim down, up to the point that you can sleep peacefully at night.
That's how you have the headspace to make better decisions to win.
If you are worried you will lose all your NFT monies, you're over-leveraged. Trim down, up to the point that you can sleep peacefully at night.
That's how you have the headspace to make better decisions to win.
Oh and yes, I just realized its only FRIDAY. Totally lost track of time...
That's what NFT does to you, it makes you daft.
That's what NFT does to you, it makes you daft.
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Together, we can improve the NFT landscape together and impact one person at a time.
Together, we can improve the NFT landscape together and impact one person at a time.
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