2/ If you are here, do not worry. You are still early.
You are gonna make it βοΈ
Most of the world and your normie friends still have no clue on what an NFT is.
There are only 150.000-250.000 active wallets / buyers yet. This number will be on a meteoric rise next year.
You are gonna make it βοΈ
Most of the world and your normie friends still have no clue on what an NFT is.
There are only 150.000-250.000 active wallets / buyers yet. This number will be on a meteoric rise next year.
3/ Not just look for what to buy or what project is going to do 100x.
Read and engage with the community. Read from the digital artists, learn their perspectives.
Browse and expand your horizon. #NFT space do not only consist of 3-4 moonshot projects.
Read and engage with the community. Read from the digital artists, learn their perspectives.
Browse and expand your horizon. #NFT space do not only consist of 3-4 moonshot projects.
4/ Always do your own research. Do not forget that some influencers may have other gains when promoting a project.
Follow accounts that are sincere & passionate, that loves NFTs like a kid.
Do not expect every project on a rise to be the next Bored Ape.
Follow accounts that are sincere & passionate, that loves NFTs like a kid.
Do not expect every project on a rise to be the next Bored Ape.
5/ Just be here. For the long run. Get involved and have fun.
Patience and open-mindedness will be rewarded in the end.
Patience and open-mindedness will be rewarded in the end.
6/ Get familiar with abbreviations
wgmi: we're gonna make it
ngmi: not gonna make it
fud: fear, uncertainty, doubt
fomo: fear of missing out
paper hands: weak hands selling in first price decline
diamond hands: strong hands holding long-term, resistant to market fluctuations
wgmi: we're gonna make it
ngmi: not gonna make it
fud: fear, uncertainty, doubt
fomo: fear of missing out
paper hands: weak hands selling in first price decline
diamond hands: strong hands holding long-term, resistant to market fluctuations
7/ BEWARE
-links and private messages on discords.
-spam emails
-junk that appears on your wallet (never interact with these)
-do not save your passwords & seed phrases on any of your electronic device.
-links and private messages on discords.
-spam emails
-junk that appears on your wallet (never interact with these)
-do not save your passwords & seed phrases on any of your electronic device.
8/ If you have a question regarding a concern or security, just interact with the #NFTcommunity.
NFT community is one of the kindest and nicest π₯°
NFT community is one of the kindest and nicest π₯°
9/ Implement a buying strategy: Whether to always buy the floor prices and not caring about the rarity that much; or to look for rare items depending on their price tiers.
Because selling a non-rare item vs a rare item is completely a different thing.
Because selling a non-rare item vs a rare item is completely a different thing.
10/ If you have one shot or buying only a few NFTs, go with the NFTs which have strong communities and have been around for a while.
Such examples can be @fame_ladies @ImmaDegen @hlgummybears @LazyLionsNFT @TheAlienBoyNFT
Such examples can be @fame_ladies @ImmaDegen @hlgummybears @LazyLionsNFT @TheAlienBoyNFT
11/ If you gonna buy many, try to diversify your portfolio. Buying 10K PFPs or artworks from artists have completely different fundamentals.
Look for projects that are innovative, under-represented, disruptive and has outside the box thinking.
Look for projects that are innovative, under-represented, disruptive and has outside the box thinking.
12/ People will tell you to buy things you like. Surely do not buy things you hate but; never conform to only your taste. Occasionally try to challenge your own taste & horizon.
Art & aesthetics is a long journey; if you just stuck on what you like that would be very limited.
Art & aesthetics is a long journey; if you just stuck on what you like that would be very limited.
13/ Donβt just get stuck with the NFT world and trading.
Kickstarter, ebay, any experience on any platform is good; train and sharpen up your intuitions.
Kickstarter, ebay, any experience on any platform is good; train and sharpen up your intuitions.
14/ Try to follow a different variety of people on twitter; from different communities, from collectors to artists.
Do not EVER let your timeline turn into an echo chamber of a specific community or shillers. Try to follow many art accounts as well.
Do not EVER let your timeline turn into an echo chamber of a specific community or shillers. Try to follow many art accounts as well.
15/ Remember, just like nature, everything is cyclic in the market. Just like stocks, cryptocurrencies; just like real estate or conventional art market; there are waves here. In cyclic motions.
Get ready for boom & bust cycles. No need to panic.
Get ready for boom & bust cycles. No need to panic.
16/ Like #crypto, NFT market is highly volatile with big fluctuations. If you worry a lot maybe not constantly check the prices?
Get mentally prepared. Read on psychology and learn about cognitive biases. These will help a lot.
Read authors like Daniel Kahneman, Richard Thaler.
Get mentally prepared. Read on psychology and learn about cognitive biases. These will help a lot.
Read authors like Daniel Kahneman, Richard Thaler.
17/ Donβt let gas fees ruin your psychology, do not get lost in doing rocket science calculations over them.
If you are not just trying to win money a la hit&run style, gas wonβt matter that much in the long run.
If you are not just trying to win money a la hit&run style, gas wonβt matter that much in the long run.
18/ Buy high & sell low which is a nightmare for newbies usually happens when aping in on homepage trending items or influencer shilled projects.
Be careful with these; take your time, chill. There are endless opportunities in this space.
Be careful with these; take your time, chill. There are endless opportunities in this space.
19/ Do not just focus on the daily stats and graphs. Check the monthly graphs. Take a look at the supply and demand.
Take a step back and occasionally take a look at the bigger picture.
Take a step back and occasionally take a look at the bigger picture.
20/ You are going to hear NFT is a bubble many times, from accounts that has rigid worldviews, that are misreading and misrepresenting the stats/graphs.
The adoption of NFTs is in such an early stage.
If you are here for the long run, be brave and stay strong.
The adoption of NFTs is in such an early stage.
If you are here for the long run, be brave and stay strong.
21/ The world and mainstream crowds are not here yet. NFTs being a complete bubble at such an early stage is absurd.
Overvaluation or overpricing of a project may exist but a complete bubble is a hysterical hypothesis.
Overvaluation or overpricing of a project may exist but a complete bubble is a hysterical hypothesis.
22/ NFTs are not a bubble or a temporary mania. NFTs are here to stay; they are going to be the main driver of a cultural revolution.
A revolution that will reset how value can be created, how people see value in things. NFTs has a role to play on how we define βidentityβ.
A revolution that will reset how value can be created, how people see value in things. NFTs has a role to play on how we define βidentityβ.
23/ NFT jpegs are the latest chain of post-post-postmodernist decay in conventional art ideology. It took centuries to get here.
In long-term this revolution will redefine aesthetics, art, ownership & rationality. Will help to brush off myths and reawaken them.
In long-term this revolution will redefine aesthetics, art, ownership & rationality. Will help to brush off myths and reawaken them.
24/ Do not forget that old branches of art & storytelling are tired.
Videogames and NFTs are the only fresh ones that has the potential the change human minds everywhere. To connect into the human psyche and subconsciousness.
Videogames and NFTs are the only fresh ones that has the potential the change human minds everywhere. To connect into the human psyche and subconsciousness.
25/ The rational modern human loves to understand and explain everything.
For centuries art lovers and professionals tried to explain why an artwork is valuable comparing to others. Why an artwork carries a price tag of millions of dollars.
For centuries art lovers and professionals tried to explain why an artwork is valuable comparing to others. Why an artwork carries a price tag of millions of dollars.
26/ Sometimes people forget the irrational power of art. A power that has no explanation. A power that has nothing to do with logic.
Some NFTs are shocking people because they are not able to rationally explain why it creates so much value.
Some NFTs are shocking people because they are not able to rationally explain why it creates so much value.
27/ NFTs are already revolutionizing how artists can collect money for their work. Every type of creativity is welcomed here.
Artistic expression is free as have never been before. Kitsch has a huge role to play.
Artistic expression is free as have never been before. Kitsch has a huge role to play.
28/ NFT is a special kind of world (and a highly addictive one). A world that outsiders cannot fully grasp.
Thatβs why please leave your left/right winged ideology glasses at the door before entrance.
Thatβs why please leave your left/right winged ideology glasses at the door before entrance.
29/ Always remember; a desire to win or fear of losing are completely different core moods. Make sure that you are stepping into the first one.
The latter one is a constant hell. It never worth it in any industry.
Make sure your NFTs make you smile.
The latter one is a constant hell. It never worth it in any industry.
Make sure your NFTs make you smile.
30/ And lastly, if you are a female like me in the NFT space, join and engage with other female NFT collectors/artists.
The women community here is very supportive and helping βΊοΈ
#girlpower
The women community here is very supportive and helping βΊοΈ
#girlpower
And here are some best female NFT accounts to follow
ππ₯°βοΈ
@digitalartchick
@iamboredbecky
@NFTignition
@CryptoFinally
@RealmissNFT
@bitchneyNFT
@TradingFemale
@MariePeyre6
@flynnkristina
@GirlWhoShivers
@aoifeodwyer
@jmuzy
@niftyworld
#WomenInNFT #WomeninNFTs #Girlpower
ππ₯°βοΈ
@digitalartchick
@iamboredbecky
@NFTignition
@CryptoFinally
@RealmissNFT
@bitchneyNFT
@TradingFemale
@MariePeyre6
@flynnkristina
@GirlWhoShivers
@aoifeodwyer
@jmuzy
@niftyworld
#WomenInNFT #WomeninNFTs #Girlpower
ππ
@kashviETH
@nfttank
@estrelasenorita
@_mecyver
@MariePeyre6
@mebynetta
@lymc111
@vickyfloresn
@QueenBNFT
@VickijEth
@Janina_Gerlach
@aquadreamer1
@bysarahwanka
@SarahGen94
@JacquelineAyran
@Julie_Pacino
@not_izgnzlz
@morganloewenher
#WomenInNFT #WomeninNFTs #Girlpower
@kashviETH
@nfttank
@estrelasenorita
@_mecyver
@MariePeyre6
@mebynetta
@lymc111
@vickyfloresn
@QueenBNFT
@VickijEth
@Janina_Gerlach
@aquadreamer1
@bysarahwanka
@SarahGen94
@JacquelineAyran
@Julie_Pacino
@not_izgnzlz
@morganloewenher
#WomenInNFT #WomeninNFTs #Girlpower
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