The Cryptocurrency Trading Journal

Discussion in 'Journals' started by Daal, Jan 20, 2021.

  1. Daal

    Daal

    Brillant points
     
    #601     Aug 28, 2021
  2. Daal

    Daal

    GaryVee could be getting cocky and it about to sink his reputation with this book NFT, but, I think its a risk worth taking. I already have made plenty of money from his calls on Curio Cards (Christie's will auction a full next in October, giving HUGE credibility to the collection) and World of Women (or as I call it, crypto punks for women and virtue signalers), and I still own both and have no intentions of selling anytime soon. I also learned a lot about the stuff he talks about in his podcasts
    So, 50% of the time, this is a money grab, but the other 50%, its the start of something huge. He could be giving out a mint pass NFT, giving people rights to mint NFT projects he has deals with. So instead of having ETH gas wars, you can just use the mint pass. That could include the right to mint Vee Friends 2 and the first one has been a huge succes. He also sound like he has a deal with Barnes&Noble but I'm just speculating
    So I'm taking my chances on this one
     
    #602     Aug 28, 2021
  3. Daal

    Daal

    This is so important because this will revolutionize marketing. A pet company want to promote its brand? Buy a crown jewel cryptokittie and join the community. All of the sudden, everybody will be talking about them. They will get big exposure and people in the community will like them more and are more likely to shop there. If they give a discount to CK NFT owners, even better. So the marketing budget will go from spending cash to BUYING DIGITAL ASSETS!
    Internet communities are worth money, big NFTs projects are just a way to get their attention and make them share the news for free. Gary's book NFT could be a community for book companies, or it could be something else. Point is, it will be worth economic value to have the attention of all those people when you want to
    Where is the bubble in having all this economic value unleashed by simply buying assets? The bubble in idiocy of finance professionals, thats where the real bubble lies
     
    #603     Aug 28, 2021
  4. Daal

    Daal

    Alameda, one of the best firms in crypto, getting into NFTs
    upload_2021-8-30_12-31-54.png

    "probably nothing" as they say
     
    #604     Aug 30, 2021
  5. Daal

    Daal

    Pal on ETH as the greatest trade



    I would ignore his views on inflation though, I dont think they make any sense and countries like Argentina are proof of that
     
    #605     Aug 31, 2021
  6. Daal

    Daal

    More competition for DOGE
    https://fractional.art/vaults/0xbaac2b4491727d78d2b78815144570b9f2fe8899

    Now its the actual original photo as NFT with an even smaller supply then "fiesty doge" and Dogecoin. 17B total, no issuance.
    This is WAY more likely to be a better investment than Dogecoin, which is complete garbage being promoted by sloppy thinkers. This is a scarce piece of one of the greatest crypto memes ever
     
    #606     Sep 1, 2021
  7. Daal

    Daal

    I like this NFT so much, I'm picking up some when it goes live. I think there is a 10-20% chance this will actually flippen Dogecoin in the next 10 years, as people get more and more familiar with NFTs. Musk, Cuban, Pal, they will all be working for the NFT holders. The value will loosely accrue to dogecoin but that will be met with more issuance, lack of more buying by holders (something that Bitcoin doesnt face very much), selling by people that made money on it and dont feel like they need that many coins to be in the funny circle, etc. Meanwhile NFT fractional owners will be hoarding their tokens like their life depend on it
     
    Last edited: Sep 1, 2021
    #607     Sep 1, 2021
  8. Daal

    Daal

    upload_2021-9-1_18-43-52.png

    High fees is a sign the product is in demand. Worst thing for crypto platforms is when it has low fees, it means no one is giving a fuck about it
     
    #608     Sep 1, 2021
  9. Daal

    Daal

    upload_2021-9-1_18-57-23.png

    I bet OpenSea will airdrop governance tokens at some point. Either they do that or people will just move to other platforms. They are making too much money of their clients, meanwhile other marketplaces are airdropping tokens. If/when OS airdrops, it will be a nice payday for the users
     
    #609     Sep 1, 2021
  10. Daal

    Daal

    If metamask did it, it would probably be the largest airdrop ever. So it could also be a big event for crypto markets
     
    #610     Sep 1, 2021