How I spend my time.
It's mostly pretty boring
I’ve mentioned it a few times on this blog. But I really, truly believe that Crypto is the best place on earth for wealth generation.
Where else can you sit in your underwear on a Sunday evening watching a Telegram feed of new joiners signing up to an app and instantly make thousands of dollars hours later with nothing more than some fast fingers, pattern recognition, and some basic knowledge of which people are influential in this space?
Interestingly though, many, many people have DM'd me to ask how I’ve been buying new FT joiners early? They assume I have a bot or special access to specialist information. The answer is no, not really.
The Telegram I use is open to anyone - it’s called Friend Tech 10k by Alphador. It shows anyone who signs up with more than 10k followers.
Most of them are fake accounts, but just about every day this week someone big has signed up, from Steve Aoki to Andrei Grachev. I then manually open my phone, spam click buy, wait for bots to sell and close the trade.
I also have a list of people that I'm especially interested in, with price targets set for where I will buy if I see them join. Below is an example I’ve made for NFT people who are influential, with the prices removed.
Past that I spend my time in various Discord channels and scrolling Twitter looking for hints about people looking to join.
I’m lucky to have many groups of friends who are all focused on this too, so ideas are shared and pings are sent if someone notable shares some possible alpha.
People also share their ideas in my Friend Tech room, where we often have some interesting debates about the best strategies, or who in particular we’re looking for.
If you are someone who is mildly smarter than me, which really shouldn't be too hard, you could probably take these strategies to the next level by getting your own automated notifications when specific people join. Or figuring out how to get pings if someone drops below a price you are interested in.
Or figure out one of many niche strategies that would probably work and amass you a ton of wealth very very quickly. Either way, the opportunity here is immense. I can’t remember a less efficient market than this than the very very early days of NFTs where people were selling rares for .5 ETH that were being re-sold hours later for 10x that.
If you’re someone who's been sucked in to spending your time watching the recent CT drama maybe it’s worth asking yourself why you are here?
Are you here for entertainment? To watch people spend hours of their lives scrolling through someone's timeline to look for one tweet where they were wrong and to quote it out of context? Is that a good use of your time? Will you care in three days time that someone with a milady pfp dunked on Sisyphus and called him a scammer? Does it improve your life in any way?
If you’re here for entertainment, I'd probably recommend simply going outside. It’s more fun and better for you.
But if you’re here to make money this is probably the best opportunity you’ve had in over a year.
Choose how you spend your time wisely.