5 Steps to Get Rich in NFTs (without getting lucky):
π§΅π
π§΅π
inspired by @Loopifyyy @mrjasonchoi @naval 's thread
speaking from a regular dude who got lucky and started 3 mths ago.
speaking from a regular dude who got lucky and started 3 mths ago.
https://twitter.com/wilxlee/status/1449860769684721668?s=20
first we must understand -
the value you bring is proportional to
how much you will make.
these are the different activities that
allows you to create value.
now lets dive in π
the value you bring is proportional to
how much you will make.
these are the different activities that
allows you to create value.
now lets dive in π
https://twitter.com/wilxlee/status/1446650723173691394?s=20
1. buy 1 NFT now!
doesn't matter if its the right one, or wrong one.
you'd never pay as much attn, care, or bother to learn, if you don't have skin in the game.
simple as that.
ur first one could be
a home run or could be a dud
thats not the point - this is your tuition.
doesn't matter if its the right one, or wrong one.
you'd never pay as much attn, care, or bother to learn, if you don't have skin in the game.
simple as that.
ur first one could be
a home run or could be a dud
thats not the point - this is your tuition.
i started with 1E - minted a project which was
shilled by an influencer. @TheDogePoundNFT
knew nothing abt it cause
i don't even know what to look out for.
however, skin in the game
made me learn fast.
(that 1E --> 30E)
shilled by an influencer. @TheDogePoundNFT
knew nothing abt it cause
i don't even know what to look out for.
however, skin in the game
made me learn fast.
(that 1E --> 30E)
2. immerse.
everyone talks abt community,
what does that even mean?
now that you have ur first nft,
you have skin in the game.
you want to know whats going on,
how you can help, who is behind it, what's a metaverse, whats sandbox, whats tokens?
what DAOs?
everyone talks abt community,
what does that even mean?
now that you have ur first nft,
you have skin in the game.
you want to know whats going on,
how you can help, who is behind it, what's a metaverse, whats sandbox, whats tokens?
what DAOs?
these are things that you get to talk to
with others in the discords.
this is your common thread with others.
this is how you learn abt web3 culture.
this is how you learn the nuances.
this is key for future steps.
with others in the discords.
this is your common thread with others.
this is how you learn abt web3 culture.
this is how you learn the nuances.
this is key for future steps.
this is the BEST time to immerse, less noise, less garage projects.
this is where you get to really learn, connect, be prepared for the next bull run.
ps: if you just want to chill - come join us
discord.gg/thelittles
this is where you get to really learn, connect, be prepared for the next bull run.
ps: if you just want to chill - come join us
discord.gg/thelittles
3. develop your own Thesis.
no one knows whats right, whats wrong.
you have Do Your Own Research! DYOR!!!
you have to develop your own intuition
of what is happening to the broad market?
whats happening to the NFT market.
no one knows whats right, whats wrong.
you have Do Your Own Research! DYOR!!!
you have to develop your own intuition
of what is happening to the broad market?
whats happening to the NFT market.
to start - go through this deepdive and
look at things i look out for. π
this will help you develop your own checklist.
look at things i look out for. π
this will help you develop your own checklist.
https://twitter.com/wilxlee/status/1450935146434027520?s=20
personally - i look at for these 3 things.
team/community/vision
team - is founder legit or anon? vision to build or quick cash?
community - real connection? or moon bois/spam?
vision - does this match where the future is heading? or is this chasing a fad thats popular now?
team/community/vision
team - is founder legit or anon? vision to build or quick cash?
community - real connection? or moon bois/spam?
vision - does this match where the future is heading? or is this chasing a fad thats popular now?
once you have your own thesis - write it down.
create parameters - b/c things will get crazy again.
noise, gimmic, x10 gains, will all flood the market
- this checklist becomes your guide to not get rug-pulled and lose your pants b/c you react on your emotions/greed.
create parameters - b/c things will get crazy again.
noise, gimmic, x10 gains, will all flood the market
- this checklist becomes your guide to not get rug-pulled and lose your pants b/c you react on your emotions/greed.
4. invest with conviction
now go find projects that hits those
checkmarks for you
be open and don't think you know it all.
be open and don't be lazy to learn.
invest with a long term horizon in mind,
mths/years, not days, nor weeks.
now go find projects that hits those
checkmarks for you
be open and don't think you know it all.
be open and don't be lazy to learn.
invest with a long term horizon in mind,
mths/years, not days, nor weeks.
next time bull rolls around,
now you are an OG
now you know the patterns,
now you know how to invest smart,
now you've developed the friendship in the space.
now you are in the inner circles.
my ignorance caused me to missed out on 95E w/ @CyberKongz ..
now you are an OG
now you know the patterns,
now you know how to invest smart,
now you've developed the friendship in the space.
now you are in the inner circles.
my ignorance caused me to missed out on 95E w/ @CyberKongz ..
https://twitter.com/wilxlee/status/1438939348573954048?s=20
5. creation (advanced)
disclaimer: (PFP projects) this is not for everyone. only do this if you truly have sth valuable you believe you can deliver. this shouldn't be looked at as a quick cash project. ppl can sniff it a mile away and you will lose your pants.
disclaimer: (PFP projects) this is not for everyone. only do this if you truly have sth valuable you believe you can deliver. this shouldn't be looked at as a quick cash project. ppl can sniff it a mile away and you will lose your pants.
if u -
develop a great understanding of
the broad crypto market,
have a strong thesis as to
where the puck is going to be and
how you are going to steer the team
in position for everyone to win,
then you, my frd have a project.
go and create.
how? π
develop a great understanding of
the broad crypto market,
have a strong thesis as to
where the puck is going to be and
how you are going to steer the team
in position for everyone to win,
then you, my frd have a project.
go and create.
how? π
https://twitter.com/wilxlee/status/1453436500826214401?s=20
final thoughts:
i got lucky and x10 my portfolio during last bull run.
i don't want to be lucky anymore in the next run.
this is my blueprint.
like and retweet to your frds so they can get prepared for the next run as well! πππ
i got lucky and x10 my portfolio during last bull run.
i don't want to be lucky anymore in the next run.
this is my blueprint.
like and retweet to your frds so they can get prepared for the next run as well! πππ
if you want to see how i continue
to build out my project,
do what i preach, &
actually see for yourself the results.
then follow along the ride.
you gonna see me fumble,
you gonna see what works, what doesn't,
so you can do better. π
@thelittlesnft
discord.gg/thelittles
to build out my project,
do what i preach, &
actually see for yourself the results.
then follow along the ride.
you gonna see me fumble,
you gonna see what works, what doesn't,
so you can do better. π
@thelittlesnft
discord.gg/thelittles
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