Disclaimer:
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#nft market is a very sensitive one.
β wil (@wilxlee) October 16, 2021
know the 3 states so you can win π
ππ§΅
i made my move earlier b/c i spotted the change in state. any types of major events will trigger 1 of 3 states. (my recent move)
i sold 25% of my #nft portfolio last night…
β wil (@wilxlee) October 16, 2021
heres why
ππ§΅
1. FOMO – Fear of Missing Out
price doubles and greens across the board.
“lets ape in!” “wen moon?”
+90% ppl trade on “feeling”, with VERY little research on the fundamentals
of the project, hoping for the easy X2/3
– this is me as well
(dozens of sales every hr)
2. Panic – Panic Sell
eerie feeling in the market. a stalemate.
a single seller undercuts, everyone follows suit and market tanks 30-50%,
within hours.
blood all over the street.
no one wants to hold the bag.
(couple sales every hr)
3. Lulll – Vacation
after the paper hands take the 80% lost,
the dip buyers places their bets.
nothing much happens anymore.
0 liquidity in the market.
we all take a break.
time for some IRL interaction
regular sleep schedule resumes
no more checking OS every morning
What are some major events for triggering the states?
some are foreseeable
– coinbase #nft launching
(if you haven’t – join here now https://coinbase.com/nft/announce/1PSMMS.shareβ¦)
others are unexpected – btc etf approval
(will finalize monday)
Why am i sharing this?
next time when you see these events happening,
you know what the market will do.
that way you can prepare accordingly.
no more “i wish i have more liquid”
or “i wish i sold then..”
how?
u follow me, thats how.
like this tweet, retweet it,
bookmark it, save it, print it.
rmb these states!!!
#nft market is a sensitive one, just like my wife.
learn to feed her before she gets hungry
buy her flowers on her bad days.
kiss her when you are late
#WAGMI
u follow me, thats how. π€£
β wil (@wilxlee) October 16, 2021
like this tweet, retweet it,
bookmark it, save it, print it.
rmb these states!!! #nft market is a sensitive one, just like my wife.
learn to feed her before she gets hungry
buy her flowers on her bad days.
kiss her when you are late π#WAGMI π
NOTE
This thread content is created by @wilxlee and shared for educational purposes only.
