You limit your opportunities in this space by saying "I'm just going to test with $100".
Better to find a consistent revenue source to make sure you can take MANY shots.
P2E games, discord admin, make art, many opportunities to earn here, (if you need to).
3/ Work harder than others.
Most can't be bothered crossing hurdles, learning Metamask, learning Art, gaming, diving deep into discord, etc. That's opportunity for those that DO.
Hurdles are the universes way of filtering the worthy and non-worthy, (through effort).
4/ Negotiate.
You can almost always get NFTs cheaper than listed price.
If you look at Opensea sellers, some have their Twitter, discord links, etc. Negotiate a better buy price.
Eventually you can buy full 5-6-7 figure portfolios at CRAZY discounts.
5/ Place bids.
Again, listed price doesn't have to be your buy price.
Be patient and place some bids. Some trigger and you end up getting an NFT you can flip almost immediately for $.
6/ Project substance matters.
If you're only in it for $, mostly others are too. Discords with majority talk about floors, price, sweeping, etc 80% of the time will just move on after it slows down.
If you're not GENUINELY enjoying what the project offers, be cautious.
7/ Look for projects that disrupt the norm.
This is where crazy money is made. Basically what 2017-2019 NFT investors were doing and WHY most of them are extremely wealthy now.
blockchain is MADE to disrupt. hence why I like projects doing something new.
8/ Don’t chase influencers/fomo/hype.
Most people want opportunities handed to them on a silver platter so they chase influencers and youtubers for what's hot when they're just mob buying and selling to each other. (some make $, most don't).
Gotta dig deeper than that.
9/ Spread your wealth across multiple projects/niches.
This allows you to learn. I didn't know a thing about Art or Collecting but I pushed myself to learn by buying/testing.
I like to be well diversified so I'm learning about comics, gaming, art, virtual land, etc.
10/ Stay when no one is here.
Whether there's twitter/mainstream hype about NFTs, it doesn't matter for the innovators.
Most keep building and creating which pushes the industry forward. Stay plugged in and you'll pick up on these early.
11/ Network.
Find good, like minded, positive people. Plenty of discords of people just sharing info.
You can join Metakey Discord, (ours), where the NFT-strategy channel is ALWAYS popping -> discord.gg/SByGEhXFpY
Many other discords as well.
12/ Be liquid.
Being NFT rich is good, but always having a good chunk of $ allows you to capitalize on opportunity when you see them.
Hence why taking profits when it makes sense is important.
13/ Train intuition.
There are things you can ONLY learn by staying in this space for years. Human behaviour is cyclic and these cycles take time to play out.
If you stick around, you'll learn all this and along with project analysis, will come good intuition. Key long term.
14/ Some get lucky getting "rich" but those that depend on ONLY luck are lazy.
Most people that do extremely well here are always curious, learning, experimenting, exploring.
Doing what it takes.
True entrepreneurs relentlessly find ways to make it work.
Good luck!💙
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