Speaking it into existence to have a tweet like this in the distant-ish future about round tripping NFTs.
The last line is the realest thing to take away.
IF you ever have a market liquid enough to sell 100% of a Veblen good collection into. Sell 95% of what you have into it..
Ive been collecting Pokemon first edition sealed boxes and and cards for over 10 years.
Ive ripped open 1st edition boxes on stream, had some crazy pulls, and have loved it since i was a kid....
but in the past weeks I sold 95% of my 1st edition boxes and cards, why?
Because I lived the NFT hype, i lived the memecoin hype, and many more downs.
Im seeing people paying ridiculous prices for things with absurd pop, the level of parabolic price is not sustainable.
this is the "retail is here moment" I kept a few of my personal favorites but all in all, SOLD.
For those buying now with intention to sell, just be careful. When it dries it dries quick, years ago it would have taken me weeks or months to offload my 1st edition things, these arent liquid assets.