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GameFi is set to become the next Hot Space in Crypto
CMC released a GameFi report containing:
• The state of the industry
• Top tokens, games & chains to watch
I’ve read it all so that you don’t have to.
Read this to understand everything about the next hot space in Crypto
VCs have been sitting on Billions, investing in the next generation of web3
Keeping up with their investments can help you spot the next Hot Space
Here are projects that the top investors are betting
(Including a database of recent raises & investments) 🧵
We’ve seen lots of exploits & hacks recently
It’s time to get a hardware wallet.
Here’s everything you need to know to get it set up
Broadly, there are 2 types of wallets:
1. Hot Wallet - Metamask
2. Cold Wallet - Trezor & Ledger
Hot wallets like Metamask are connected to the internet
They’re easy to use - You can access them from your phone or laptop.
But, there’s a big problem.
I’ve made a lot of investing mistakes.
Read this thread to avoid years of losses & pain in 2 minutes.
Here are 16 common investing mistakes & how to avoid them 🧵
1. The Sunk Cost Fallacy.
When you’re losing money, it’s hard to cut your losses.
I failed to cut losses in time because I thought “I’m down 50% already, how much lower can we go”
And every time I did this, I regretted it. 50% is better than 0.
Cut your losses.
I’ve studied 100s of mental models to become a better Crypto Investor.
Here are 7 of the most important mental models 🧵
Mental models are frameworks of thinking & explanations that can help us expand our thinking.
We think a certain way due to how & where we were raised, experiences, etc.
Our minds are full of biases that narrow our thinking.
Expanding our thinking can give us a Huge Edge 👇