My journey from $1 Sol to $376 Sol, A Thread on Lessons learned:
1 - Most of your gains will always come from high conviction plays, if you see an NFT you are confident about with a strong community that can go the distance and a Dev team that keep on proving themselves -
Russian competitor of $TAO built on Cosmos network
Itโs an old project starting to pick up steam
Currently sitting at 46m FDV
$BOOT looks like it could run from here as chart has been picking up and is in discovery phase
I think this is the next bluechip๐ฏ
WL giveaway, 3 OG/WL spots for @DefDragonsSOL
To be eligible
- Like
- Retweet
- Tag 3 friends
- Follow @CryptoStacksss and @DefDragonsSOL
If you don't do ALL of the above, โ๏ธ๐ซ
Winner in 48 hours๐
#SolanaNFTs#Solana#WhitelistGiveaway
Wow, 1k followers in 24 hours. Humbled
I love you all, thanks for joining me on this journey
Giveaway time, drop me your Sol Address below
Like, retweet and tag a friend
Iโll drop some Sol in your wallet
Must be following this page
Will pick a winner in 48 hours
WGMI ๐ค
- then learn patience and hold. This is where 70% of your gains will come from
2 - Avoid buying one of a single NFT. Buying or minting just one of a collection is extremely nerve wrecking and will have you questioning your decisions. Buy 2, Flip 1 to preserve liquidity
8 - Take a break. I have learned to take breaks for a couple of days here and there to mentally recover and refresh and clear your mind. The world will not end and every project will not crash to zero while you are away.
4 - Build your network and make connections. We will never get far alone, so use your time to build a network with like minded people so you can focus on these gains together. I would not be in my current position if I had not made some friends along the way in this space
6 - Bluechips are the meta, if you have a project which you think is showing the right signs of becoming a bluechip then stick to it and help the community. Good communities and good teams are rare in this space
Day 1 of 1 $SOL to 100 $SOL
Aimed to mint @Meta_Forge and got lucky with 1, flipped it for 2.5x so I have some $SOL to play with
Planned to mint Octowars but looked very sus, tweeted to my followers before mint to avoid
Day1 - 2.5 $SOL
Congrats if you're in, WGMI ๐ค
5 - Learn to calm your mind and body. Make sure you exercise regularly, meditate and do your stretches. If you are constantly addicted to your screen, you will deteriorate your mental health which will lead to bad decision making
3 - Leave emotions out of it. As tempting as it seems, stop constantly checking the floor price of your holdings. Feeds into point 2, if you hold 1 NFT you will always be unsure when to sell or if it could go further, buying 2 helps avoid this.
7 - Never put in more than you could afford to lose. Preserving liquidity is key, it allows you to make some riskier calls and still have something to build back from. Avoid going all in and learn to manage risk. Don't put yourself in a position that you can't recover from
Day 8 recap
Another day with no mints
Projects like loop are the reason why I am super picky in what I mint these days, sorry to those who got rugged
Day 7 -
Sol 2.8
Bohemia 5.5
Robo Cock 3.3
24k Gorilla 1 (0.5*2)
Total 12.6 $SOL