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Lady of Crypto 💎👑

18 Nov, 9 tweets, 3 min read

While $BTC is dipping #Metaverse and #PlayToEarn are pumping this week.

Get used to it 🚀🚀🚀

Games have had full-fledged gaming coin economies since before Satoshi dreamed up #Bitcoin.

Look at Runescape, the economy is arguably more complex than that of any #GameFi economy to date. It's had several periods of inflation and deflation over Runescape's 20 year lifespan. Chart below tracks from 2008. Source:
runescape.wiki/w/RuneScape:Gr…

Games like CSGO have an economy built around loot boxes and skins. Secondary marketplaces exist, third-party gambling sites, charting and price tracking. Even this market has peaks and troughs, 2021 saw a huge pump precipitated by a reduction in supply, followed by a dump.

I could give you endless examples of games with economies. Path of Exile has a booming black market earning some people hundreds of thousands per year. Which is nothing compared to WoWs black market, where the big players earn millions per year.

From MMOs to shooters many gaming economies are much older and more mature than Bitcoin, let alone new tokens like $AXS.

Game economies are perfectly comfortable operating independently. They don't care about BTC because the players don't care about BTC.

Don't get me wrong, though. If BTC crashes 30% today, I believe gaming cryptos would follow. We are not at a stage where they have fully decoupled. Many of the investors in gaming cryptos are not gamers, they are traders.

We might be at that stage soon though.

When you look at a game like Illuvium or Axie, they may crash alongside BTC but I can imagine them recovering a lot quicker. Honestly, I can imagine a BTC crash not having anywhere near the impact on these two games as it would on many other alts.

We are already seeing signs of this over the last few days with #metaverse games rising while BTC dumps.

In the next BTC bear markets, I believe gaming cryptos will be the go-to investment for degens like us. I believe they will decouple from BTC like no sector has before.

This is just my opinion, not financial advice. Do your own research and figure out what is right for you. Feel free to discuss below but be nice.

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More from @LadyofCrypto1

Lady of Crypto 💎👑

@LadyofCrypto1

19 Nov

1/ $BTC is dipping. I see a lot of degens are trying to pick a bottom and go all in. That's not how you buy the dip. Everyone tells people to #buythedip, but nobody explains how. This is how I buy dips on #bitcoin and all my #alts.

2/ I always keep a healthy dip fund so that I can buy major dips like this one. Imagine my dip fund is 50k and I want to buy 5 cryptos in this dip, I dedicate 10k to each. You could dedicate more to one or less to the other. I am just keeping numbers easy.

3/ If I want 10k worth of BTC, but when do I buy? I scale in at support or on breaks of support. When a major support breaks and price settles, I scale in. I might not buy every support if bearish momentum is strong, this is just a rough outline.

Read 7 tweets

Lady of Crypto 💎👑

@LadyofCrypto1

18 Nov

@theartieverse

1/ @theartieverse is the #playtoearn project I am most excited for.

Why? First, the investors:

- Winklevoss twins
- Chad Hurley (YouTube)
- Manuel Bronstein (Roblox)
- Mark Pincus (Zynga)

When billionaires invest in a #gamefi project. It's got my attention. #P2E

2/ It's not just their investors. They've developed revolutionary tech that allows you to embed AAA level games anywhere, like in this tweet, and you could play it instantly. No app, no download, no data intensive streaming like Googles failed Stadie. This is something new.

3/ The big issue with many P2E games is that they look like they were programmed by a 14-year-old kid in 2010. Artie is different. They've been building for three years, their team comes from Riot Games, Activision, Infinity Ward, Zynga, Disney n more.

Read 7 tweets

Lady of Crypto 💎👑

@LadyofCrypto1

17 Nov

1/ This is a rough break-down of how I played $NAKA. I did some stuff right, some stuff wrong. Some got me hate, some got me love. I was just being honest throughout. No shade on $NAKA, I think they are decent long term.

2/ The first phase was the entry and rally. This was easy money. Pic below is from memory, it gives you a rough outline of how I played it. Example starting investment $5k. By the time the dip started I put 5k in and had 12.5k out. Maths done in my head, it might be off.

3/ This part I did not do as well. I bought the dip at 3.1, which did nothing for me. I sold all at 2.9 because the Evergrande FUD had me convinced the market would dump and I could buy back cheaper. Two days later I warned everyone about token unlock dumps incoming.

Read 5 tweets

Lady of Crypto 💎👑

@LadyofCrypto1

16 Nov

@VulcanVerse

1/ $PYR isn't a #Metaverse project, it's THE project. Here's a break-down on the @VulcanVerse. I explain why it's my fav metaverse bag, and why I see a 5x-10x from here (not financial advice, DYOR). @Jaap_NL_ articles helped a lot with my research! #PlayToEarn #Metaverse

@VulcanForged

2/ @VulcanForged (VF), the creators of #vulcanverse (VV) and $PYR are an established NFT game studio and marketplace. The marketplace is where users buy and sell NFTs using the PYR token. The marketplace hosts NFTs from many projects, not just VFs.

3/ One of the best things about PYR is the tokenomics. First, there are no VCs to dump it. Second, more that 50% of the total supply is already circulating. Third, it is deflationary. Finally, there is also staking, with great ROIs.

Read 11 tweets

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