Honestly dont invest like me in JPEG. I'm new on $SOL jpeg ecosystem, i think i fud Solana since i'm born, and i'm not perfectly fluent in english. But. I'm a real crypto bro. I'm seriously on the game since 2020, and bought my first $BTC in 2013. Blockchain is all my life. I lost gf aka the girl of my life for it lol. Now than i have a good bag, here's my "SOL jpeg Q3-Q4 2024 thesis" : I think this market is undervalued rn. Since $SOL survive to FTX & Alameda collapse, this ecosystem proof his resilience and strong community. (I always have a serious problem with bc uptime & validators centralization). + the very noob-friendly aspect of sol : all is smooth, easy, gamified... good for mass adoption imo. But we're now in a timeframe where good opportunities are available for everyone. According to @solsniperxyz we're talking about a 10B $ market. It's nothing. But, why is nft market so bad ? Imo, few reasons : - Macro : interest rate too high, US presidential soon, middle east + ukraine war... - Blur airdrop : a big guy stopped farming this airdrop few times ago, removing a laaaaaaaarge liquidity from the market, as NFT are particulary illiquid assets, & core market ($ETH blue chip basically) dumped - Shitcoins : there is too much liquidity on this shitty market (mine too...) - NFT historic : scams, 0 utilities, "art".... Why i think i could pump ? - Macro : even if wars stay bad and undeterminate, IR should down after presidential. If Trump win it could be a fucking green candle. If Gary leave the SEC too. Historically, summer is a boring and ranging period, Q4 is strong. - Mass market (a big part of JPEG tradors) isn't already here -ETH ETF trading soon, rumors about a $SOL ETF too - Community, yield and resilience So actually i'm joining different communities. I'm sure i'm going to have a negative unrealized PNL (not the case right now). I'm not a perfect-bottom pricer. The best trading method to be in profit in my thesis is : - Join strong and active communities. I want to help and be helped. I want to spent time and meet. And, if i build something, i want to have the same support than i could send to an other builder. As i'm in lot of communities, i should have good alpha (how i discovered Basebet) , WL (how i discovered moonroll) and a great market overview. - wen airdrop sir ? Here's i'm talking about yield NFT. Passive income is key to compound, but take care of terms (i.e. stake a @cetsfk for 1y today, in a transition period, isn't the safest). That's why i bought few @Basebetio casino (25-50$/week of freebets each + rev share), @FamousFoxFed (staking or missions for chest), @okaybears (daily tickets for hold to participate in raffles), @moonroll (rev share) @SolanaMBS (bananas for hold, used to participate in kind of raffles) and other... (take care here too, it's mainly a "whales game") - Stay liquid When you buy a """"""top tier"""""" collection the delta between bids and asks is generally low. So, even in loss, you can exit. I also use @SharkyFi a lot (and bought a NFT ofc) to get access to liquidity when i have an opportunity. A fucking core key in my strategy. Basically, NFT have the good point to be low supply : it means than the capture of value is very highly of a 150m supply token. I take care of too high supply, depending if holders are incentivized to hold lot of them or not (and entry point lol) it's 4 Am in my country maybe i'll continue it later...or not. Tell me. If i'm boring i'll not tweet about the finality of my investment thesis for Q4 🤷♂️
