Thread by @wilxlee

don't lose ur $$$ in this bull run
🧵👇

wow - more than 50% of u is new to this nft bull!
this is great, lots of u are making money!
now the tough part - how do you preserve it.

lets dive 👇

https://twitter.com/wilxlee/status/1482740379636011011?s=20

first, bull run makes u feel a certain way.
- it makes u feel the absence of gravity.
- that theres a party in the air.
- that everyones happy and excited.
- that every narrative makes so much sense!
- that every project is and will x2/x3/x10!
- that u are missing out!!!

it goes through a cycle like this.
- fresh liquidity comes in due to a catalyst.
- pours into blue chip projects.
- ppl take profits cycles to mid caps.
- ppl take profits cycles to narrative plays.
- no more liquidity to cycle.
- u hold the bag.

then comes the bear.

bears are scary and mean.
- it feels like no mans land
- things are quiet and no ones here
- u see the floors free fall, -30%, -50%, -80%...
- seems like a never ending spiral into the blackhole..

now im not saying we are going into bear,
just sharing what it feels like.

our current bull
- 2021 tax harvest, new year kicked off with a bang
- #bayc shot up from 40--> 83E
- cyberkongz baby/vx shot up another +100%
- mid caps --> #doodles/#wow shot up +100%
- then the low caps --> lots x2/x3
- then the narrative plays.
- historic, ethnics, simps

all these plays driven by pure speculation that makes zero sense. some of which are prehistoric with teams that are not even building anymore. while others, are brand new projects with very little proof, and some are just pure memes valued at $10k+...

how is this sustainable?

its not.

thats why
when the music stops,
when the light goes on,
when the party stops...

u better be rdy.

how?
- don't be greedy - take profits if u are up.
- don't be chasing - when the news arrive to u, its most likely gone through multiple private chats, whatsapp groups, TG groups, discord groups, crypto twitter and then u...
- don't be lazy - DO YOUR OWN RESEARCH!!!

DYOR
- read articles and anticipate where the market will head to
- research great projects that fits this narrative who have been building quietly.
- slowly accumulate when no one is looking.

be bold, be confident, be patient,

ie.
- #cyberkongz fits this perfectly.
- 2022 will be dominated by the metaverse plays, sandbox etc will steal the show early/mid yr.
- #ck has been building headdown and is an OG with a solid team and a huge VX presence
- slowly accumulate.

final thoughts:
now is not too late to take ur profits.
its ok to sit on the sidelines and watch.
no one knows how the market will perform.
thats why profit is profit, don't let anyone tell u otherwise.

this is a marathon, not a sprint.

i write this as a way to combat my own greed and own fomo. to logically dissect the market's current state so i can see through the noise and prepare accordingly.
i've seen this play out multiple times and hope this serves u well too.

like + retweet for more
much love 🌟
wil

disclaimer: i believe the overall market is still very strong, im still hvy in all my bluechips, lots more catalyst coming. however, doesn't mean we should be rash and irrational. which is why i've taken profits on my narrative plays that doesn't have a strong team.

for great projects - the ones with strong community, great team and a solid vision - hodl hodl hodl 🌟🌟🌟
their time will come 🌟