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115. How I’m FLIPPING for short term losses and long-term blue chips during this down bear NFT market!

115. How I’m FLIPPING for short term losses and long-term blue chips during this down bear NFT market!

FromNFT 365 Podcast with Fanzo


115. How I’m FLIPPING for short term losses and long-term blue chips during this down bear NFT market!

FromNFT 365 Podcast with Fanzo

ratings:
Length:
23 minutes
Released:
Mar 6, 2022
Format:
Podcast episode

Description

“Brian what should we do right now with the NFTs we hold as so many of them are in the tank and way down in this bear market?” I’ve got this question 15 times in the last couple of days and I decided to be hyper transparent on my approach and strategy…  In short:  Low floor NFTs  ignore aka HODL for 30 days then revise High value (potential blue chips) monitor but don’t make any drastic decisions  Mid NFTs that had some big spikes but didn’t hold I’m dumping for liquidity Take a short loss of 1 ETH to jump into a project I believe has a 10 ETH growth potential over the next 6 months. Mental Health and ENERGY CHECK Focus on variables I can control Review my definition of success and goals with past nft projects Go back to projects I missed out in or felt were outside my price range in the past and see if they are still as valuable as I thought back then Look at the bear market as a chance to stack eth even if its at a loss in the short term on the projects you’re selling to jump back into a project you have long-term faith in that has dropped with the market. With our ADHD coin, this was a GAME-CHANGING decision we made this past fall. My goal in August was to get ADHD coin to $10 coin by Dec 31st  Coins on Rally.IO are impacted by 3 touchpoints:  Price of $ETH, Price of $RLY and Holders/Coins in the circulation of ADHD. So realizing that I can’t control ETH or RLY but I do have more control on getting more people to sign-up and hold $ADHD coin it was silly to have my goal of $10 coin.  I switched my goal to having what at the time would have equaled a $10 coin in $RLY to ADHD coin ratio.  So the goal was 20 $RLY to 1 $ADHD coin by December 31st and to my surprise, we hit 28 $RLY to 1 ADHD before the end of the year and I believe that has everything to do with this shift to what I was measuring and believing was a success.  So this is in regards to NFTs right now after listening to over 300 NFTs on Opensea & LooksRare over the last 3 weeks and not selling many of them at all I’ve changed my approach.  The plan is to stack some ETH by selling many of my middle ground multiple hold NFTs to jump int o1 or multiple projects that I love and my list of the 5 I have my eyes on right now are: DeadFellaz Lazy Lions Alien Frens World of Women MFers In full transparency, I tested this approach last week and was super excited to be able to sell for some short-term losses to stack enough eth to get another Crypto Chick.   Remember to take a deep breath and remember to manage your mental health and your energy as we ride this bear market looking forward to soon all-time highs again.   NOT financial ADVICE! Couple NFT 365 Podcast episodes are mentioned on the podcast: Buying the NFT dip: https://www.nft365podcast.com/74-in-crypto-they-say-buy-the-dip-but-when-should-you-buy-nfts/ 3x3x3 NFT Strategy: https://www.nft365podcast.com/episode-92-3x3x3-nft-strategy-liquidity-security-and-mental-health/  
Released:
Mar 6, 2022
Format:
Podcast episode

Titles in the series (100)

The first daily NFT podcast that's also buying an NFT every day for 365 days: NFTs 365 is hosted by Brian Fanzo aka @iSocialFanz Brian Fanzo is a Digital Futurist, Keynote Speaker and Web 3 Visionary that has worked with brands like IBM, Dell, Samsung, Twitter, SAP, Adobe, Oracle, UFC, AWS and MGM just to name a few! The first DAILY NFT Podcast powered by $ADHD coin on Rally.IO and includes short educational episodes, breaking news, emerging Web 3.0, metaverse, creator coins and cryptocurrency trends and exclusive interviews. When it comes to learning technology, Understanding Non Fungible Tokens as Newbies or Geeks. Brand adoption of web 3.0, blockchain, the metaverse, digital transformation, future of work, cryptocurrency, creator coins within the creator economy and technology innovation this is the podcast for you. If you are struggling to understand NFTs or don't know where to start with NFTs or maybe looking for NFTs for newbies this is the podcast for you. The focus is on helping you embrace change, be educated on where the future is going, motivated by what's possible at a high level while being inspired to be curious, fail forward and try something new. The future of business is a community and the future of marketing is relatability and in this web 3.0 digital-first world leading us to the metaverse, this podcast will help you see the future and plan today to make it happen. This is for managers of technology, marketers, sales, coaches, network marketers, and you traditional investors looking to embrace innovative technology this is the palce. Things like smart contracts, IP rights, metaverse, blockchains like ethereum, bitcoin, solana, cardona and also Palm, Rally.IO and more. Interviews are using Clubhouse, Twitter Spaces, Facebook LIve, Instagram Live and Linkedin Audio. There will be founders of projects, collectors of art both traditional art and visual art, creators looking to find developers to managers and executives looking to understand who they need to hire in the web 3.0 digital world. It doesn’t matter if you’re a gamer already playing in the metaverse or parent looking to understand the trends your kids are entering in with NFTs, cryptocurrencies, block chain and social tokens we will cover it all with this daily form. Brian is an international keynote speaker and has hosted 7 podcast that have included Adobe, Oracle, Dell, Ibm, UFC, Applebees and work brands like Vayner Media, Be The Change Studios, MGM Grand and more. We will be talk about removing the starving from starving artists while also covering the importance of storytelling in the Web 3.0 world and what digital artists must to thrive in this space. If you are looking for how to make money in 2022 and do what you love while loving what you do this is the podcast for you. This is the best NFT podcast in the Top 25 in all podcasting apps with evergreen content that also covers the trends of today and the future innovation of tomorrow. NFT365 is focused on translating the geek-speak around the creator economy, web3, blockchain, cryptocurrency and the metaverse with the goal of helping the audience HEAR the harmony between technology and humanity empowering us to re-imagine the digital future together.