As I always say my friend, this is the game and unfortunately the odds are usually against us
Nowadays I mainly use this space to make money, as a holder, I've always kept my exposure limited to a few collections (Milady, Lil Pudgys, Mutants, Azuki, some gaming projects, and some plays around hype/current narratives like Delmundos, Normies,)
But do u guys actually believe in probability?
I see a lot of big KOLs talking about an incoming NFT Season, but very few of them talk about reality of how this market works today
For those who don't believe it, try to understand
→ It starts with creating a community, project, or protocol
→ Build a website, some art, a video. Sometimes it's something so basic that somehow Web3 treats it like it's revolutionary
→ Everything still revolves around Discord and X, just like it has since 2021
→ u don't need to be doxxed, you just need to understand game
→ Hire CMs, mods, artists, paid tweets, and keep the machine running
From there, the snowball effect kicks in
u know how it works
If someone relevant in the market says something positive about a project, sometimes with zero bad intentions, just sharing something with their holders that alone can trigger a hype wave
Then the cycle starts
→ It gets picked up by alpha calls and early calls
→ Bigger communities start talking about it
→ The race for spots begins
After that comes the spot distribution phase (usually through CMs, events, leaderboards).
But if we're being real, a lot of that distribution ends up concentrated on raffle platforms like Alphabot, Atlas, and others
So where does your research actually come into play? How do u position yourself better or simply play the game?
Honestly, I don't know 100%
I just follow a few principles
→ Be active in big communities and private groups
→ Build your network
→ Get information fast
→ Manage your bankroll
→ Study what you're buying
→ Know whether you're trying to hold, flip, or play for the longer term
None of this protects u from the risks I mentioned above
But at least it gives you a better chance to make informed decisions and do your own DYOR.
At the end of the day, NFTs aren't just about finding the next runner
A lot of the time it's about understanding the game, managing risk, and accepting that the best project doesn't always end up being best trade
Honestly, I didn't see this coming
After the announcement that Yugen reveal would take 21 days, I started having my doubts. But looking back, there were already some warning signs
Five days passed after the sellout before we got any meaningful announcement or communication from the team. That was the first red flag. The 21-day reveal delay became the second
Still, I wanted to give them the benefit of the doubt. Seeing everything unfold like this is even more disappointing.
CT is becoming increasingly difficult to navigate. The level of manipulation and deception some people can maintain for months is unbelievable. How many interactions did this guy have on X? Including with me. I never imagined it would end this way
It's no surprise that so many people are losing faith in NFTs. Situations like this make it harder and harder to believe in long-term building, genuine communities, and real vision
At this rate, the only people left will be flippers, because trust. the foundation of everything, is slowly being destroyed...