Cirrus, the "Calculated Degen," has homed in on an NFT trading strategy that has worked across bull and bear markets, and he didn't get a head start by joining the game early. Cirrus runs a Twitter account with clear directions on his trading strategy, which he breaks down in this deep dive episode with NFTStatistics.
LINKS
- Cirrus | Twitter
- NFTstatistics | Twitter
- Collect and Trade Moments in NBA History | NBA Top Shot
- The World of RuneScape
- FIFA Ultimate Team Web App and FIFA Companion App | EA Sports
- "How I Turned 0.6 ETH into 150+ Eth While Sticking Primarily to Two Projects..." | Cirrus, Twitter
- Lazy Lions
- Buy NFTs and More on Ethereum | OpenSea
- X2Y2 Marketplace
- Trade NFTs, Get Rewards | LooksRare
- Mutant Ape Yacht Club | OpenSea
- Chromie Squiggle by Snowfro | Art Blocks
- Bored Apes NFT Startup Yuga Labs Raises Seed Round at Monster $4B Valuation | TechCrunch
- The Official PROOF PFP | Moonbirds
- What is Yuga Labs’ Otherside? Inside the Bored Ape Yacht Club Metaverse | Decrypt
- Otherdeed for Otherside Collection | OpenSea
- How NFT Bots Exploit Marketplaces | Kasada
- Borrow & Lend on the Leading NFT Liquidity Protocol | NFTfi
- Decentralized NFT Loan Marketplace | Arcade
- Web3 Data Liquidity | BendDAO
- Russia’s Invasion of Ukraine Puts Cryptocurrencies at the Heart of War | Vanity Fair
- Terra and Luna Creators Relaunch Cryptocurrrencies, and Critics Are Furious | The Washington Post
- MapleStory
- Deep Dive 003 — Fashion NFTs | PROOF of Documentation
- The Coolest NFTs on the Blockchain! | Cool Cats
- Art Blocks - Generative NFT Art with Erick Snowfro | Modern Finance
- Wumbo Labs
- Goblintown
- Art Gobblers' Floor Price Drops 50% After Splashy Debut | The Defiant
- The Implosion of the DeFi Wonderland Project | The Cryptonomist
- Olympus OHM Has Crashed by 91% From Its All-Time High | FX Street
- Project Spotlight: QQL with Tyler Hobbs and Dandelion | PROOF
- NFT Marketplace for Pro Traders | Blur
- How NFT Royalties Work In the Real World | Screen Rant
- What Is the Prisoner's Dilemma and How Does It Work? | Investopedia
- Discover, Collect, and Trade NFTs | Solanart
- Sell & Collateralize Solana NFTs | Yawww
- Down Market Ducks
- 100 Proof: A Conversation with Frank of DeGods and y00ts | PROOF
- DigiDaigaku
NOTES
- [00:00] Intro.
- [02:18] Who is Cirrus?
- [03:34] How Cirrus started trading NFTs, and how it's going now.
- [04:58] Cirrus' background.
- [06:25] How surviving cancer twice affects Cirrus' risk tolerance.
- [08:03] Where Cirrus has found his most consistent gains.
- [10:06] How Cirrus turned .6 ETH into 150.
- [13:40] How does Cirrus' original strategy work in the current market?
- [15:36] Reconciling quick profits with potential regrets for selling too low.
- [18:54] Researching projects to buy/sell.
- [21:48] How the NFT marketplace provides so many opportunities for novices.
- [25:18] Projects currently worth trading.
- [28:43] Sometimes even the most experienced traders make big mistakes.
- [30:38] Are trading bots getting too sophisticated?
- [32:31] Cirrus spends more time lending than trading these days.
- [38:21] Adapting to events that throw the market into chaos.
- [40:47] What drives Cirrus' bullishness in the NFT space?
- [47:46] Advice for someone going into the lending space.
- [50:57] Alpha groups.
- [57:05] Art Gobblers.
- [1:00:56] Blur.
- [1:05:11] Thoughts on royalties.
- [1:09:40] y00ts.
- [1:11:45] DeGods.
- [1:14:48] Parting thoughts.