Thread by @wilxlee

NFT playbook 2022:
🧵👇

seems like 2022 is coming back with a bang.

2.5mths ago i rotated a big portion of my portfolio out to weather the storm. now i feel confident to rotate back in nfts.

heres why and what im looking out for 👇

https://twitter.com/wilxlee/status/1449176999893766146?s=20

1. tax harvest is a real thing - ppl taking loss to minimize on tax before year end, making market uncertain. new yr rolls ard, everyones rdy to get back to the table.

2. projects on hold - with the holiday season, majority of founders i know have held off news/updates, letting the team have a break + waiting for the right momentum to push out news.

3. #BAYC - this deserves its own point. mobile game launch + token launch + major celebs endorsement will break NFTs into mainstream news. headlines after headlines will draw in all liquidity (not just nfts) + attention around the world.

4. marco environment - following will be #coinbase nft launch, #sandbox launch, #nike + #adidas launch, @garyvee 's new book game launch, all of which will draw a lot of new attn to the NFT space as they will spend LOADS on marketing.

rising tide raises all the ship.
nfts will hit a new euphoric state.

having said this - market won't be the same as 6 mths ago.
- projects won't mint out and x3 right off the bat.
- investors are getting smarter and maturing.
- bigger players are entering the space to build.

to win
- u must understand the narrative.
- u must understand the meta game.

must read from @cobie 👇

https://twitter.com/cobie/status/1474962718721560576?s=20

lots of projects are pumping at the moment.
the 2 human instinctual emotions kick in.
FOMO - damn, im going to miss the boat, lets chase.
GREED - damn, im only x3, its mooning, lets hodl.

to protect myself against myself,
these are rules i set for myself.

FOMO
once its pumped: the ship has sailed.

often due to a news that just broke. what does that mean? look at projects that have news yet to break. projects that leaves bread crumbs, waiting for the right moment to drop the news. this is what gives u asymmetrical ROI

GREED
once its pumped: the ship has sailed.

buy the rumour, sell the news. once news break, thats the sense of the glowing future. the sight of valhalla. resist the temptation to let greed take over. set ur target price and make sure to take profits. nothing goes straight up.

personally i invest in projects that
- aligns with my values
- has a great team
- has awesome community members
- has a niche market to dominate

final thoughts:
usually when all the noise has broken out,
its a tad late to the game and u become the bag.

good news is this market shifts very quickly,
position yourself in the right place and be patient.

narratives will shift on the dime,
have a pulse and build your own conviction.
don't worry if you've missed out on those gains.
u are still very very early and we will make it tgt.
ur time will come.

like/retweet for more insights as i learn and share 🌟

ps: those dming me for my plays.

low caps: n/a - conflict of interest

mid/high caps:
@CyberKongz / @coolcatsnft
- no brianer.
- team/community is unmatched.
- market cornered

both projects im inspired by and learn from.
both of which i hold bags + added to ytdy.