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♟The Best Buying Strategy For The Bear Market
Someone pushed the market off a cliff and it's still falling. Floor prices haven't been this low in months and people are worried for their financial future.
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Here's what we have for you today:
♟ The Best Buying Strategy For The Bear Market
🐵BAYC Holder Give His Ape To The Public
🎤 Madonna To Take The Stage At World Of Women NYC Party
📊 Chart Of The Day
The Best Buying Strategy For The Bear Market
Someone pushed the market off a cliff and it's still falling. Floor prices haven't been this low in months and people are worried for their financial future.
So what should we do? We got you
Floor prices are going lower and lower each day but how do you know if it's the bottom? Answer is… you don't. So just like everyone says to do with stocks, crypto, equities, etc, DCA.
DCA stands for “Dollar Cost Average”, simply put buying an asset at a fixed price regularly over a period of time.
This can be applied to Nfts as well with budgets big and small.
Here's how to do it
Let's say little Timmy has a 10 eth budget. He's not going to want to ape his 10eth budget all at once no no no. He makes the smart move and deploys 1 eth every month into projects he believes in over a period of 10 months.
Little Timmy can also buy into a project's ecosystem if he's priced out of those expensive genesis blue chips.
To sum it up be like little Timmy
Just because your priced out of the main collection of a project doesn't mean you shouldn't consider buying into v2 or alternative collections in the ecosystem. Once the main collection in a project pumps the others are likely to pump as well.
You can see in the charts below that the Bayc sales prices and Mayc sales prices move very similarly
Bayc Floor Price Chart
Mayc Floor Price Chart
Charts provided by Flips.finance
BAYC Holder Gives His Ape To The Public
Right clickers are finally able to screenshot an nft and use it as there own woo hoo!
A pretty interesting guy on Twitter @CryptoDonAlt has decided to be generous to all aspiring apes by sharing his BAYC NFT with them.
By sharing, we don’t mean he’s giving away his bayc. Instead, he’s allowing anyone interested in having an ape PFP to use his NFT. He’s quoted saying in his tweet, “This is my ape. If you always wanted to be an ape but never had the means to (for whatever godforsaken reason), you can use this one as your PFP (as long as I own it). It’s ours now, a monumental sign of mental illness.”
The Ape in question is bored ape #3683, but it’s currently not up for sale on Opensea. Why would you expect to find it there? He’s probably not selling it anytime soon (Who lends property to the public then goes behind to sell it?)
DonAlt is a crypto buff who owns a YouTube channel called the TechnicalRoundup. There he does technical analysis of the crypto market. He also shares memes, duck images (because he’s actually a duck), and crypto forecasts on his Twitter page.
Let us know if we should change our twitter pfp to the ape
People Loved The Idea
Expectedly, people loved the idea (who doesn’t like free things, even if they’re only jpegs), and many have jumped on the offer. As a result, hundreds of users now have the ape as their Twitter profile pictures and are happily displaying their pent-up “mental illness.” (Let the Degens out!)
Not to mention this is a great move on his side. Talk about a good marketer.
🤣 How About A Laugh?
Madonna To Take The Stage At World Of Women NYC Party
It’s never short of exciting events; of course, we’re excited about the World of Women's NFT party. (Are we? It should be fun, right? Maybe)
The World of Women NFT project is about inclusivity, equal rights, and freedom for all virtually and IRL. So, it’s fitting that they’re hosting a grandiose party in what is now the informal NFT capital city of the world – New York. Think about it; all the major IRL NFT events occur in NYC. The city is fast becoming a hub for NFT enthusiasts.
But the most exciting news for WoW participants is Madonna is slated to perform at the event. (Yay!). The pop star has recently been focal and expressive about her interests in digital collectibles and the Web 3 space.
Madonna has been especially active in the NFT space over the past six months. She started out by partnering with Billboard and World of Women to produce an exclusive NFT cover celebrating women in the music industry. She then acquired a BAYC NFT worth $460k, which she announced in a tweet a short while later.
However, her most recent involvement is the most … ahem, interesting. She partnered with Beeple to create her “Mother of Creation” collection. The project is quite controversial and has been labeled “Outrageous” by some, as it features some of her “favorite” body parts.
Now, she’s set her sights on the big stage at WoW (Well, is it really a big stage for Madonna? Maybe not the biggest). The everlasting music Icon will be the highlighter, performer, and special guest at the event.
It’s worth noting that she bought WoW #574 for 5.9 ETH a month ago, automatically granting her access to the event’s tickets. Yes, you must own a WOW or WOWG NFT to participate in the event.
So, if you want to see Madonna perform live on June 23rd, you need a World of Women NFT to obtain a ticket to the event.
But, we should mention that the event will occur at the same time as NFT NYC. So there are two huge NFT events taking place in the same city on the same day. This is the best time for any Degen to be in NYC.
Chart Of The Day
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