Honestly dont invest like me in JPEG.
I'm new on $SOL jpeg ecosystem, i think i fud Solana since i'm born, and i'm not perfectly fluent in english. But.
I'm a real crypto bro. I'm seriously on the game since 2020, and bought my first $BTC in 2013.
Blockchain is all my life. I lost gf aka the girl of my life for it lol. Now than i have a good bag, here's my "SOL jpeg Q3-Q4 2024 thesis" :
I think this market is undervalued rn. Since $SOL survive to FTX & Alameda collapse, this ecosystem proof his resilience and strong community.
(I always have a serious problem with bc uptime & validators centralization).
+ the very noob-friendly aspect of sol : all is smooth, easy, gamified... good for mass adoption imo.
But we're now in a timeframe where good opportunities are available for everyone. According to @solsniperxyz we're talking about a 10B $ market. It's nothing.
But, why is nft market so bad ?
Imo, few reasons :
- Macro : interest rate too high, US presidential soon, middle east + ukraine war...
- Blur airdrop : a big guy stopped farming this airdrop few times ago, removing a laaaaaaaarge liquidity from the market, as NFT are particulary illiquid assets, & core market ($ETH blue chip basically) dumped
- Shitcoins : there is too much liquidity on this shitty market (mine too...)
- NFT historic : scams, 0 utilities, "art"....
Why i think i could pump ?
- Macro : even if wars stay bad and undeterminate, IR should down after presidential. If Trump win it could be a fucking green candle. If Gary leave the SEC too. Historically, summer is a boring and ranging period, Q4 is strong.
- Mass market (a big part of JPEG tradors) isn't already here
-ETH ETF trading soon, rumors about a $SOL ETF too
- Community, yield and resilience
So actually i'm joining different communities. I'm sure i'm going to have a negative unrealized PNL (not the case right now). I'm not a perfect-bottom pricer.
The best trading method to be in profit in my thesis is :
- Join strong and active communities.
I want to help and be helped. I want to spent time and meet. And, if i build something, i want to have the same support than i could send to an other builder. As i'm in lot of communities, i should have good alpha (how i discovered Basebet) , WL (how i discovered moonroll) and a great market overview.
- wen airdrop sir ?
Here's i'm talking about yield NFT. Passive income is key to compound, but take care of terms (i.e. stake a @cetsfk for 1y today, in a transition period, isn't the safest). That's why i bought few @Basebetio casino (25-50$/week of freebets each + rev share), @FamousFoxFed (staking or missions for chest), @okaybears (daily tickets for hold to participate in raffles), @moonroll (rev share) @SolanaMBS (bananas for hold, used to participate in kind of raffles) and other...
(take care here too, it's mainly a "whales game")
- Stay liquid
When you buy a """"""top tier"""""" collection the delta between bids and asks is generally low. So, even in loss, you can exit.
I also use @SharkyFi a lot (and bought a NFT ofc) to get access to liquidity when i have an opportunity. A fucking core key in my strategy.
Basically, NFT have the good point to be low supply : it means than the capture of value is very highly of a 150m supply token. I take care of too high supply, depending if holders are incentivized to hold lot of them or not (and entry point lol)
it's 4 Am in my country maybe i'll continue it later...or not. Tell me. If i'm boring i'll not tweet about the finality of my investment thesis for Q4 🤷♂️
Exciting news, frens and fellow sharks! Our NEW royalties payment tool is now live! No more waiting around for support tickets—dive in and pay online 24/7. Ready to make a splash? Let us know if you have any questions!
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1/3 🧵
Hello all 👋
🦈This week, we're diving into borrower stories and strategies on @SharkyFi! 🦈
Discover how users are leveraging their NFTs for liquidity and the smart tactics they're using.
Let's explore the world of borrowing! 🌊💰
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The @BascPixelDao has landed on the moon, and now aiming for the stars!
The 3rd and final round of 1/1s go on sale 48hrs, your key to upcoming alpha, future airdrops, and <redacted > 🤫
Say hello to @TheJpegMaster and their Pixel Mooner Ape!
The @BascPixelDao has landed on the moon, and now aiming for the stars!
The 3rd and final round of 1/1s go on sale 48hrs, your key to upcoming alpha, future airdrops, and <redacted > 🤫
Say hello to @TheJpegMaster and their Pixel Mooner Ape!