SHILL Issue 78

Is the team experienced?
Are their plans worth buying into?
Is there a vocal leader?
Socials? (Discord, Twitter etc)
Long Hauls
If you have conviction on a project, then I wouldn’t concern
yourself with trying to get an absolutely bottomed
price. Make the market come to you. Bid, wait for drops
and so on, but don’t keep yourself waiting on something
you wanna vault, it can burn you.
Quickfire/Basic Advice;
Don’t fade metas and market trends. If you see it forming,
follow it. Eg, the early 2022 Branding hype. Late 2021
Utility hype. Going against the grain won’t necessarily
burn you, but it will restrict your ability to make money.
Don’t fade 1/1 Art. This is a subjective thing, but definitely
check it out, it may be worth it down the line.
Organization is key.
If you hate reading, use Chrome extensions such as Swift
Read to speed up the process.
If you can code, I’m sure you can build programs to speed
run processes and organize better.
Always try to ask the team questions. Put the gas on
them a little bit. You may not like their answer but if their
response feels controlled and calculated, assume they’ve
got a good pulse on what they’re doing or will present it
as such.
Always think in the mindset of the general population. It’s
not truly about whether you really like the art, the ideas,
or the team. It’s about if they are consumable on a broader
scale.
Don’t avoid placing bids, there’s always an opportunity to
snag an NFT cheaper by slapping a bid on.
You’re not bound to sell the top, you’re supposed to sell
for profit. If you hit the top great, if you sell before the
top you’ve still profited, don’t be harsh on yourself.
Have clear goals in mind when trading. What $ Value or
$SOL value do you aim to hit? Work towards it. If you hit
it, celebrate it and set a new goal. I found myself constantly
moving goalposts and felt an endless cycle of “I’m
not doing good enough”. Avoid this.
Security is paramount in this space;
Don’t click random links. Ignore any NFT you receive
that you didn’t buy or trade for. Legitimate projects do
NOT randomly drop NFTs. Always check with the project
before interacting. Generally avoid 2FA linked to a phone,
opt for email. Use a hardware wallet if possible.
Tools Worth Using For Trading
NFT Inspect Collections
Hello Moon
Solswatch
Anything Famous Fox
Netrunner - From what I’ve gathered this is the best tax software
native to Solana.
Sol Decoder - Specifically the Fox Alerts. Gives you the ability
to get in on WL Token markets early.
Yawww - An option for royalty evadoooors.
ME Analytics - I find these at times clunky, but they can be
worthwhile on the fly.
Trading Bots - These aren’t something I can endorse, but if
you want them, you can find them.
Must Use For Alpha Hunting
#1 NOTION - You can LITERALLY get a free personal notion. It
is SO. SO. SO key to be organized in this space, it moves like
lightning and the more capital you accumulate the more NFTs
you will be buying at once. Having an organized notion will
allow you to track not only what you’ve bought & hold, what
you’re considering buying and also the projects you need to
research or are researching.
On-top of this, you can get an IOS App and Desktop App.
Have an, “Oh I gotta do this” while out thought? Slam it in
the to-do-list you’ve made. There’s pretty endless management
softwares out there, so feel free to look for something
which may suit you more. Tiago Forte offers good insight on
this.
Solana Calendars/Upcoming mint trackers.
Howrare.is
NFT Calendar
NFT Solana
Hyper Space
NFT Evening
Mercury - This isn’t half bad for looking at projects which
have just been onboarded to Mercury’s WLing service. Can
occasionally find a hidden gem before its WL slots fill up and
snag an early spot.
Magic Eden Launchpad - Similar to Mercury, it’s widely
known, but you might occasionally stumble on some juice
keeping up to date with the projects running through this in
advance.
Influencer Following Lists & Liked posts:
This is a bit obscure, but for many influencers they will
receive loads of DMs daily from upcoming projects. If they
are anything like me, they usually follow every single one
that looks like it has merit from a first glance look. Tracking
some influencer’s recently followed accounts may help you
get ahead of the curb. Similarly, they get tagged in a bunch of
shills every day and they may like some of these. A quick look
at likes can provide some dope insight. I wouldn’t say either
of these are the most efficient or useful ways to hunt some
quality alpha, but the options there.
DAOs & Groupchat; These went very unnoticed until the last
few months, but forming GCs with people in multiple DAOs
(eg, a SMB, a Taiyo, a Degod and a Boogle) can potentially
give you indirect access to all 4 DAOs and can feed each other
any information or alpha inside of them in a mutually benefi