I am doing just fine. DIPs weed out all the short term players. DIP happens and then you buy at a discount and wait. Sell at a profit. Wash rinse and repeat. Just watch the cost on fees and if you trade in BTC or ETH the gas fees can be high using the wrong platform.
Just FYI: NFT market traded $12bill in Q1. 2021 $25bill for the whole year. Just for the NFT portion. I keep kicking myself for not throwing a few hundred bucks at those ugly NFT cats.... lol
Even with the DIP and todays green I am only down a little. I blame my red on me being bored AF and trading ALI or shitcoins, high risk stuff.
I also fucked up and bought into a project that had it's company headquarters in the Cayman Islands.... Big Red Flag!... but I didn't lose it just waited 2 days and sold it. Always do your research. LinkedIn the company, check the website, check if they are hiring, where are the employees located. Prospect/Research and look for stuff that doesn't add up. This will reduce risk and help increase knowledge.
Just FYI: NFT market traded $12bill in Q1. 2021 $25bill for the whole year. Just for the NFT portion. I keep kicking myself for not throwing a few hundred bucks at those ugly NFT cats.... lol
Even with the DIP and todays green I am only down a little. I blame my red on me being bored AF and trading ALI or shitcoins, high risk stuff.
I also fucked up and bought into a project that had it's company headquarters in the Cayman Islands.... Big Red Flag!... but I didn't lose it just waited 2 days and sold it. Always do your research. LinkedIn the company, check the website, check if they are hiring, where are the employees located. Prospect/Research and look for stuff that doesn't add up. This will reduce risk and help increase knowledge.