today marks my 3mth in #NFTs
heres 5 things i've learnt
๐Ÿ‘‡๐Ÿงต

ps: started with 2E,
0 tech skills,
0 twitter follower,
0 connections in the space.
(i share this, so you know im not talking from a high horse and u can do the same)
1. learn

if things seem complicated and way over your head, but ppl are talking abt it and there is buzz ard it. don't just wave it off. i did that with #nfts in March and once again when gen kongz were at 5E and when @AnonymiceNFT was free to mint...

take the time to understand it and then be the judge to say whether its for you or not.

never assume.
2. pay ur dues

right when i got in the space, i know i want to start a project one day. i have no connections, no tech skills, no idea. so how? go volunteer your time. thats when i reached out to @day25 and started to help with @NFTeams_ which just sold out ytdy! ๐Ÿฅ‚
don't penny pinch, give give give and you shall receive. never asked for a single dime from @day25 and had no exception of anything, tho @day25 took care of me ๐Ÿ™‡โ€โ™‚๏ธ
even without, my intent was to learn, so im more than happy to give.

learn to pay your dues.
3. community

i have a family of 3 (soon 4), a IRL biz to run. so i barely have anytime to hang out in discords to shoot the shit all day. but being able to hang in one/two is important as your net worth is your network.
my biggest incentive to get the genesis @CyberKongz , is to get into the gated channel of gen hall.
just think of a second, this group of degens all hold a $300k+ USD membership... clearly, they must be doing sth right..

be the dumbest person in the room.
4. connect

reach out to ppl a few steps ahead of you and connect with a purpose so you can learn from them. everyone's busy. what value do you bring? how can you help? why would they want to meet with you?
never ever approach a dm with a straight ask. no one likes that, and no one has time for that. don't ask for how you can help or be of value, show value.

ie. hey i see that you are looking for a pixel artist, this is a sample i created for you. let me know if i can help.
5. be a creator

read this and read this again.
producing content > consuming content
what i've decided to share are all the lessons that i've learnt. not so much abt the flips and which projects to invest in because mastering these 5 lessons would yield you much greater returns.

projects come and go
your skills, abilities, connections you develop
those stay.
having said that i gotta say i got real lucky to flip my way up and if you want to get lucky as well, what do you do?

follow/retweet this ๐Ÿ˜†๐Ÿ˜†๐Ÿ˜†

so you know when my next thread drops as i share more on what i look for in #nft projects.

โ€ข โ€ข โ€ข

Missing some Tweet in this thread? You can try to force a refresh
ใ€€

Keep Current with wilson k lee ๐ŸŒŸ

wilson k lee ๐ŸŒŸ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @wilxlee

18 Oct
sell your jpgs now.
๐Ÿ‘‡๐Ÿงต
gonna get lots of hate.
A camp - hodl, why sell when #coinbase is launching. can't time the market. buy the dip. bull bull bull.

B camp - fud fud fud, bear bear bear.
these comments are alllll flawed b/c
1st - they provide no context.
2nd - they are indeed correct, in their own specific situation.

to understand what you should really do, you need to understand the CONTEXT, b/c everyones situation is different.

so...
Read 20 tweets
16 Oct
#nft market is a very sensitive one.
know the 3 states so you can win ๐ŸŒŸ
๐Ÿ‘‡๐Ÿงต
i made my move earlier b/c i spotted the change in state.
any types of major events will trigger 1 of 3 states.

(my recent move ๐Ÿ‘‡)
1. fomo - fear of missing out.
price doubles and greens across the board.
"lets ape in!" "wen moon?"
+90% ppl trade on "feeling", with VERY little research on the fundamentals of the project, hoping for the easy X2/3
- this is me as well ๐Ÿ˜†
(dozens of sales every hr)
Read 9 tweets
16 Oct
i sold 25% of my #nft portfolio last night...
heres why
๐Ÿ‘‡๐Ÿงต
first in foremost:
don't panic sell/don't fomo buy.
(not spreading fud)
here is my game plan in preparation of ETH hitting $8k+
second:
i've never been more bullish on #NFTs
zoom out - NFTs might be bleeding now, but with time, its correlated to ETH price. ๐Ÿš€๐Ÿš€๐Ÿš€
Read 14 tweets
13 Oct
updated view: #coinbase launching #nfts

this move really makes me soooOOooOOoo bullish on #nfts that im going ALL IN!

WHY? ๐Ÿ‘‡
#coinbase got slapped by SEC by banning their new revenue stream - #defi lending - Lend.

simply put - they want to be the new age bank, SEC is fuk off.
so what does at $52Billion company do?

they do the next most lucrative thing, and they chose #nfts... look at #binance / #ftx both came out with their own #nfts platform.

what does this tell you about this industry..?
fad? bubble? or the future?
Read 5 tweets
13 Oct
how is #Coinbase launching #NFTs going to x100 your portfolio!?
๐Ÿ‘‡๐Ÿค”

cnbc.com/2021/10/12/coiโ€ฆ
first off, we need to understand what #coinbase is and what it means to the #nft/#crypto world.
then you will know how their entry will literally change your life if you are in #nfts now.
so pay attention ๐Ÿš€
0.1 coinbase

is one of "the easiest place to buy and sell crypto". if #robinhood was for stocks, then #coinbase is for crypto.
$coin - $249USD/share
market cap - $52 billion
2100+ staff
+68,000,000 users...

for comparison
#twitter market cap is $49 billion... ImageImage
Read 19 tweets
11 Oct
"Passive Income" = LOSE ALL YOUR ๐Ÿ’ฐ
heres WHY ๐Ÿงต๐Ÿ‘‡
with every project coming up with a $token giving hopes to the promise land of passive income..

is this REALLY the truth? what do YOU need to be aware of? what would wipe your wallet?
what to hold to truly take advantage of this #defi+#nft movement? ๐Ÿ‘‡
0.1 the start

the genesis of this is started by @CyberKongz with their 10 $banana yield/day for 10 days.

current price of nanas, ~$72 = $720/day ~$260k/yr.
not too shabby for holding an jpeg.
Read 29 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(