Molly Profile picture
Jan 15 8 tweets 2 min read
In 3d life,I am very fond of gemstones, and lately I had discussion with a fren about how to invest in it, and realised there’s a lot in common between Gemstones and NFTs. So gemstone is what’s called hard asset, it’s portable asset, but first and foremost is personal adornment.
It’s a rare personal adornment that people will wear as jewelries, as opposed to investing it. And most people who buy gemstones are not going to make money on them.
The people who r successfully enjoying the personal adornment and making it a wise investment r people that become experts in gems and jewelry.
if you are interested in gemstones as an asset, first , you got to become a collector, a connoisseur, a expert, to become a collector and enjoy what you’re buying first, enjoy wearing it, collecting it, and take courses, learn about the quality, grading, rarity and the market.
Go to show , learn and look. Then you can make better and better intelligence decision on what has the best chance of going up in value over the long term as opposed to just taking a chance or a recommendation .
Most gem collectors slash investors are only look it gems like ruby, emerald, sapphire, fancy colour diamonds in the finer to top qualities, they want the most rarity, and they want other people to buy them again without much of thinking just to flip and make profit .
But for collectors, it doesn’t have to be the finest and the largest ruby or sapphire ever, it can simply be the larger size as you can afford at the finer quality , something you can wearing and enjoying it .
some of the most knowledgeable art collectors are actually more knowledgeable than most art dealers , that’s why they do so well.

• • •

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

Keep Current with Molly

Molly 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 @bigmagicdao

Dec 22, 2021
For clarify few things up
A thread

1/6 There’s an guy who named Wang has pretended to be a team member of a DeFi derivative project,and he resold and oversold his allocation to some retail investors at a higher rate. And the token price up 60x+ at 1st token release.
2/6 He wanted to keep the profit to himself, so refunded most of the principal back to those retail investors. They are pretty upset because they transferred the principals to him back in late 2019 , which means they’ve missed the whole bullrun .
3/6 They reached out to me, bcuz me myself also an angle investor of that project, so I connected them to team, with the evidences provided, the team clarify the whole thing, but also found out that Wang has violated the initial agreement.
Read 8 tweets
Nov 3, 2021
大概说之下我们@Magicventures1 今年的一些投资逻辑吧. 太远的记不太清了,就从今年夏天的NFT season 开始吧,其实我们当时也是挺焦虑的,但是在很快就冷静了下来,因为这流动性太差了,买入后出手需要很久的时间,还有就是生命周期也挺短的,所以非常不适合我们这种没有耐心,又不能24小时盯着市场的人
所以当时就转换下了思路,投NFT 的一些基础设施: 1.平台代币,但是opensea 还没发币,2. NFT 指数 看了几个指数感觉不合适,3. 剩下的就是储存layer 了. 所以我们当时重仓了AR, 平均价格$6.43, 主要是有几个原因: 1.提供永久储存,2, 市值占比在整个储存赛道很低, 3,当时聊了几个NFT 发行方都是用的AR Image
基本在同一时间也买了$luna ,当时的逻辑也比较简单. Luna本质是烧Luna 铸UST, 各种新项目拉高UST需求进而锁仓更多Luna,让币价上去。
Read 6 tweets
Sep 14, 2021
there's a mad mad story about how the most notorious crypto mining mafia colluded with gov official in jiangxi, screwed Genisis Mining, led to central gov in china cracking down on crypto mining, and caused the big dump in May 19th.
Before I begin , just want to clarify I am not 100% sure it’s true, but the press and news and info mention in the story can be verified, and I post the original link at the end of this thread.
On May 10th, CPC Central Commission for Discipline Inspection annonced that a ministerial level gov official in Jiangxi provincial Xiao Yi is under investigation. words on the street the main reason of Xiao under investigation is becuase of Bitcoin.
Read 16 tweets
Jun 19, 2021
We gonna witness a history in bitcoin mining tonight, all mining farms (about 8m kw electricity load) will shutdown at 12pm Beijing time tonight, Harare rate already dropped significantly after sichuan gov announce shut down bitcoins mining farms in Sichuan. Image
Some mining farms already starting shutdown their facilities.
The video is posted by the miners who got their mining farms near dadu river on WeChat. Here’s more info about this mining farms shutdown thing.
Read 6 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

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(