How to select project for minting?
1st Factor: Marketing
If the marketing/social media is active and has gained fair attractions to the NFT Community itself may it be collabs or giveaways. I always consider whether they have the ability to reach out to DAOs and can actually give spots to them.
2nd Factor: Influencers
As you all know we can be bullish on the very last minute of the mint day if there are respectable/big name influencers that can back the project.
Usually these influencers notice the project before the mint day or during mint day so I keep track of the influencers that is shilling the project (Examples: Copetown and Liberty Square)
3rd Factor: Mint Price and supply
It seems that mint price and supply seems to align on how well the mint will go. I want you guys to remember that at this bear market, a 1 SOL mint price and with a supply lower than 5k could easily be sold out in a matter of seconds in public. I’ve seen alot of Big Projects fail due to higher mint price/supply (Examples: Shrouded Playground and Nekomata)
4th Factor: DEGEN SEASON BABYYY!
Degen mints have been very succesful in today’s bear market. I only want you guys to be careful when minting these degen mints. Look at the demand we have during WL phase and decider whether to aim for good public when FP in coralcube seems good and decide whether to take risk or not.
USE RISK MANAGEMENT IN TAKING DEGEN MINTS EVEN IF IT IS A DEGEN MINT, LOSING MONEY IS NOT AN OPTION HERE. (Examples: Gothic Degen, Weeping Angels, and Saint Degen)
