if you're young, invest effort into gaining knowledge with the goal of building intuition
you can't know everything, and in an internet world, you don't need to
facts & data are commoditized
honing your intuition & inductive reasoning skills is disproportionately valuable
👇
The NFT market has always been a volatile roller coaster ride, but the past week has been one of the most brutal dump-fest we've seen in a while.
Some are gonna call this FUD, but a reality check is much needed for this space. 🧵
if you're reading this now, in 20 years you will be OG. so instead of worrying about that now, concentrate on innovating and pushing the space forward.
if you want to stick around, you gotta change the game. 🚀
Go out and build! If you can't build, gather together the people that can. If you can't gather the people, write the story. If you can't write the story, help someone else with theirs. There are so many different places to participate.
Coinbase selling NFTs may be huge to drive exposure & legitimacy to NFTs as an asset class
retail plebs can buy cheap ones, big fiat whales can buy expensive ones. without navigating the chain
it's a first foray to take non-pure-speculative digital asset ownership to the masses
This step-by-step guide will help you set up a @MetaMask wallet, whether you're importing one or want to start one to collect NFTs. https://t.co/0bHlpiI37r
Let's explore long term economics of NFT projects.
How do projects go from 0.1 ETH to 5 ETH, back down to 1 ETH then boom to 30 ETH?
How do flippers, hodlers, newbies, hype contribute to different phases of projects and thus effect prices?
Thread 1/
The best investment you can make here is participation.
Here in NFT/crypto land you actually get paid to play games, make art, help projects, use marketplaces,
Airdrops 🚀
10 Habits of a smart NFT investor
1. Has patience
2. Researches
3. Uses data to make decisions
4. Reads a lot
5. Forms relationships
6. Doesn’t fomo
7. Has a plan
8. Helps others
9. Understands market psychology
10. Takes profits