How to be prepared for flips/mints:
Always have SOL ready.
I think 5-10 SOL liquid is a healthy.
(1-5 if you’re starting out)
You don’t wanna be put in a position where you have to sell something for liquidity. If you are, you’re over invested in projects.
Less is more.
LFG⚡️
just sent out 3 bluechips to our community,
these reactions are worth it.
🟠@FamousFoxFed
🤌@CetsOnCreck
🛠@BlocksmithLabs
we chose projects we believe in.
should we do a twitter giveaway for old times?
@IntegrityDAO for the W
LFG⚡️
He also sent me some beautiful words when he found out he won this. you never really know how badly someone could use a win.
Grateful we can make a difference.
The first of many.
LFG⚡️
when I think of building, I think big picture to push the SOL community forward
one of the reasons I started out was seeing a bunch of influencers taking advantage of their followers and change was needed. it still happens and its lame
if its not a win/win I'm not interested⚡️
@0xBrando This I learned from experience, wish I would have read this before buying mine :') (P.S. I don't regret my buys, I still believe in my projects, it's just that I could have made some quick money off it, and still continued to be invested in the project)
https://t.co/00YuN2EOJk
here's a tip:
you know that feeling when the NFT you bought goes up 3-4x and everyone starts comparing it to a bluechip (the next Dragonz!)
9.5/10 it's a social pump and that's when you sell it.
there's a 5% chance or lower its a real bluechip that wont come back down in price
here's a tip:
you know that feeling when the NFT you bought goes up 3-4x and everyone starts comparing it to a bluechip (the next Dragonz!)
9.5/10 it's a social pump and that's when you sell it.
there's a 5% chance or lower its a real bluechip that wont come back down in price
guys - profit taking from blue chips and into derivatives/high risk plays is happening.
make those multiples but don't get caught up in the hype or over extend. take some profits.
last thing you wanna do is scramble to sell cauz you need liquid for another play.
LFG⚡️
Any undervalued teams who have been building? Ready to find some gems.
Especially with seeing a bunch of ETH whales who are converting their ETH to SOL and doing the same.
LFG ⚡️
if you're feeling burnt out - you're doing too much.
it should feel effortless, flip the hype and buy undervalued projects.
sell some during the pump, move on.
It's difficult at first but once you learn to manage your emotions it gets easier, like anything your practice⚡️
(9/9) Think of all the times you're held a rare to nothing or didn't sell the top and regretted it. A lot more often then just flipping for profit and moving on.
Use that extra energy to learn and become better.
Dont get caught facing the waves, learn to ride them.
LFG⚡️
(8/9) When flipping:
Would much rather lock in the 2-4x over the 10x or nothing. If you approach these quick flips with a plan - you'll flip your stack and be able to afford blue chips that are worth holding.
This is how you master your emotions and riding the hype (waves)
(7/9) Keep in mind this is particularly projects that are not long term holds. The long terms also have waves but they're believers and don't look at the price.
These people can afford to accumulate.
Only buy these when you have a solid amount and can afford to wait in them.
(6/9) 2nd wave: social pump, team is doing their best to push out staking or new features. influencers/people push it to get solid exits or they may just believe in the project. Good opportunity to exit if you bought the post mint fear.
this can happen 12-24+ hours or even days
(5/9) A common wave cycle:
1st wave:
project has big hype and launches - really clean wave
everyone tries to surf, beginners paperhand or jump in late/sell at a loss.
the project pumps 2-5x everyone undercuts each other and it settles at mint or at 2x mint price (rare)