Question. What’s the difference between those that make Millions in NFTs vs those that lose it all? Answer: Managing RISK. 1/ A quick thread

2/ RISK. The opposite of reward. Most newbies to crypto/NFTs have fantasies of the upside. FOMO’ing to new projects that can potentially go 10x, 100x, the next BAYC, etc. But fail to have a plan if it goes wrong.

@DCLBlogger I only buy from artists and projects I really like, can afford and I know to be the real deal through proper interaction. If I can I buy a few pieces, flip one early to get the initial back, one for minimum 10x and keep the rest for the long haul.

@DCLBlogger Great thread, Matty. Thanks for taking the time to help keep people from getting rekt, fren. 🙏💚

@DCLBlogger Hey Matty, what’s your criteria to determine which projects are likely to become “blue chips”? Or give us an example if possible. Thx

@DCLBlogger I needed this. Been through so many of these situations but I’m still trying to harness the discipline to do what I know I should do. This thread helped and I have bookmarked it. Thank you. See also: my “balanced portfolio”

@DCLBlogger These thoughts and well earned insights are so needed in this space. Thanks for sharing and reminding us all how to be an investor and not a gambler.

@DCLBlogger Fade this thread at your own peril

@DCLBlogger Wow great thread full of alpha, thanks Matty! 🙌🏼

@DCLBlogger Great thread. Cheers

@DCLBlogger I agree with the base theory, but it wouldn't work for any of the people that I knew that entered the NFT space. All of them had less than 2k to invest. They all began on mints and Nifty Gateway drawings. Then, yes, you can begin DCA to avoid losing it all.

@DCLBlogger Hey @DCLBlogger, this is a great thread. I’ve been following you for a bit over a year now, i sent you a Dm The other day. I would love to chat one day if you ever have a few minutes.

@DCLBlogger Hey just wanted to applaud your take on the nft market as a whole earlier today at the @niftyportal morning spaces. Thank you!

@DCLBlogger @DennisF289 I’m still trying to figure out how to sell when I’m up 10X instead of holding until it gets me to 20X, which absolutely will without a question happen…right?