How many should I mint? | Project: Flower Fam

Theme: How many to mint? 

• Best to buy with conviction & mint more than 1
  • Gives option to sell while staying in project
  • Can help remove some of the emotion of decision
  • Gives chance to mint/sell “rares” to help pay back mint costs
• Better to pass on mediocre projects & those with poor risk/reward, save for good projects
• Free mints? 

 

• Affordable project: Flower Fam    (thanks Myth47.eth)

• https://opensea.io/collection/flowerfam-fam-official

• https://www.flowerfam.earth/

• NFT News

• • NFT Headlines: 
    • Goblintown Is a $37M NFT Collection That No One Can Explain - CNET 
    • Nike's RTFKT Just Bought DotSwoosh Ethereum Domain Name 
    • Solana's blockchain clock loses track of time, now running 30 minutes behind
      • Reliably unreliable: Solana price dives after latest network outage  
    • Bug Brings Down Solana Blockchain for Four Hours - Decrypt 
    • LUNA Reboot Plummets Over 70% Just Hours After Debut - Decrypt 

Transcript:

 

[00:00:00] Today on all about affordable NFTs. We're asking the fundamental question. How many should I mint? 1, 2, 3. All right. I don't want to spoil it. No spoilers. We'll let you know exactly how many demands, the exact number. You know, you can use this formula any time. No. Okay. Now that we've over promised on that one, what are you seeing in the news?

[00:00:23] All right. What are we seeing out here? Oh man, goblin town, this, this, and if the collection has sadly taken over the space and it's not just this one. So goblin town is, is kind of a, a term used for bear markets. This collection dropped at just the right time. It was a free mint. I believe last I looked, it was up at seven and a half feet or so.

[00:00:44] Uh, it's insane. What this is doing there's they've had some, I don't know if it's just Twitter spaces or. Uh, you know, clubhouse or whatever that they're just, it's like six hours of people making these Doblin sounds. I don't know what's going on. There's a ton of knockoff collections similar to this.

[00:01:06] It's all over the place on the leaderboards of a volume right now. There's just, I don't know. This is what everybody's turned to because you know, people can't turn away. Even in a bear market, they got to find something and I don't own any of this stuff. It's fun to watch a, I I'm glad people are having fun.

[00:01:24] I'm glad some people have made some serious, easier, you know, be careful a little. So, you know, this is, this is also where you can get burned really fast. Yeah. I mean, in the seven day, look on crypto slam. I see goblin town, like second to board ape, which is just impressive in terms of overall sales volume.

[00:01:41] If we're talking about sales volume, just like number of, uh, things change in hands, you know, overall, the overall marketplace for NFTs in the past week is like down seven, 8%. I think, remember our adage here, the faster it rises, the faster it falls. Right? That sort of the thing that burns brightest burns briefly.

[00:01:58] So I don't think we need to talk anybody out of not buying this. So don't worry. You have one of these and you've got it for free. You should sell this. Okay. This is financial advice. We don't get funny. That is financial freaking. That? No. So we're why are we saying, uh, certainly like, remember moon birds that went up very, very quickly, but it had an established docs team.

[00:02:25] This isn't like, nobody knows who the person is like, so, okay. Could be anybody. And guess what? Usually people have chosen to be, uh, anonymous for a reason as we have begun to find out time and time and time and time again. So that is a huge factor. Again, the speed at which bitch it went up. And then also I'll just be honest, like you overall art, not there.

[00:02:48] Uh, the community is funny. I will say that meme community is real means are like, it's not a joke. Well, it is a joke, but it's not a joke. And how much the value bedded and imbued in it is as anyone who has ever seen Elan wax poetic about

[00:03:04] Elan news. We're not going there today. Now we can skip it on for, he doesn't do too much in an empty. Now. All right. But yeah. Well, so we'll move on to the next story here. We've been talking a little bit about a theory from, uh, ENS names and we just saw that artifact, uh, recently purchased by Nike. They scooped up the dot sploosh dot Ethan name for 19.72 E.

[00:03:30] Uh, homage to the, uh, the founding year of Nike get that's 20 that's about $35,000 at the time. Uh, you know, it's moving quickly up down. So I w you know, who knows what it is while you're listening to this, but yeah, that's some serious eat their congrats to the seller who, who thought to, to get the dots, woosh dot neath.

[00:03:49] I mean, that's not even smoosh daddy. That is dots. Daddy for 28. So ENS names are hot. Yeah, I just, I don't understand how you find the seller for these things. How do people end up finding them? But that it's good to see, you know, that's, that's some serious adoption. I mean, we had that, we were talking about sort of the per usual, remember the, the, the domains with, uh, the numbers, the three number domains that daddy, if it's like, that's been on the like absurd rise.

[00:04:20] It's it's worth. If you're, if you're looking out there, we set it in the previous one. We don't know how to make it an affordable project, but daddy's names are affordable, wildly affordable. So if you want to go speculate, the problem is you have to speculate on a lot of them. Cause if you're buying, what is it?

[00:04:32] swoosh.dot dot swoosh, Dottie. Like it's an absurd thing that just happened to land on the branding. Bingo coin of it. But you know, there's, there's still a lot of names out there. If, uh, if you're out there, I mean, you can fish, you can fish, but yeah. And then you get to do one by one. I've definitely spent some time looking for different things.

[00:04:55] A lot of dead ends. So you gotta be patient looking for, for the right name. Well, what's your approach to that? I mean, not giving away your secrets, just you look around and variously. Think about it. I end up doing it forever and then realized. My great fines are not actually very good finance at all. I think.

[00:05:13] And I've registered a few, but yeah, thinking of trying, trying to think of like domain names and, you know, then didn't see the whole four digit number coming, or I think all the five digits are gone and I'm sure all five digits are gone at this point. That's only 10 K so we know how fast those go. I'm sure.

[00:05:30] You know, I'm sure, you know, the numbers have been popular, but I still can't imagine that there's somebody just flipping, you know, 7 3 9 1 2, 4. You know, each day, you know, all these numbers. I think it's hard to understand how you know, how to find all of these different numbers in the end, but, you know, strong names are definitely going to be a good play here.

[00:05:54] I just tried to get 8, 6, 7, 5. Jenny, can I turn to you? Definitely not a Dottie to dress buddy's already burned to. All right. And you know, maybe we should move on to the next one because we're seeing how strong, what it means to have an ENS name. That is an Ethereum name. Of course. Now we've talked a bit about Solana we've.

[00:06:14] Uh, I think George finally was able to buy into a project. We had a couple instances recently of Solano, some bugs with the chain. One was that it was. It was down by, or is running behind for 30 minutes. Then the, uh, the whole chain just went down for another four hours. This isn't, this isn't that unusual, unfortunately.

[00:06:38] And it is one of the security risks that we talk about, like going to, uh, many of these other alt layer ones, those being non Ethereum layer ones. Yeah, it drops the price of Solano also kind of tanked like 14%, who knows why, but probably not, not because it seems to break on a weekly basis for multiple hours, which is, you know, the antithesis to reliable.

[00:07:03] And what's more when that drops. So to does any underlying, you know, NFT that you have on, on the platform, right? I don't know. I really I'm trying not to be such a hater and I, that's why I bought my, I have my see fish. What is it? See society, fish. I bought we posted in a reason, one, so disclosure, I have one of those cool analytics behind that.

[00:07:27] You know, I'm hopeful for the platform overall, but like, it's just, you know, you got to have a platform that's reliable enough to stay up and instill confidence. And if it doesn't, there's a lot of downstream negative. And along those same lines, we've got another headline here. There is a new Luna chain that was launched a Luna 2.0, it crashed immediately.

[00:07:48] I think it was over, down over 70% right away. I think it is close to dead again. So, you know, kind of saw that one coming who's that. People weren't putting much into that. I assume it was people just getting airdrops and then immediately selling. But yeah, let's be careful getting into, to any other of these new chains that aren't tried and tested.

[00:08:12] No trust, no token. And really it's just, you know, it just serves as another sad headline here. Hopefully some of the people that I got just completely run, run over and the last one got a little bit of, uh, an ability to recoup some of that. But again, you know, can, can we just stop creating these unstable coins and these these pieces have just hurt the market now?

[00:08:38] Well, yeah, I think that's it for a headline. So let's move on to our affordable project, which. When George is going to talk about today, it wasn't his originally. Tell us about this, George. All right. I have to, I'm not sure if I'm going to reserve. Thanks, but good old myth. 47 dot east, uh, in our, in our discord has been talking about flour.

[00:09:03] It's not that myth. 47. Hey, there's Keith address the names? Like what about name and then number, name, and number. All right. Let's park that in the back. We'll have a brainstorm later. Myth, thank you for bringing this and also keeping up the trend, uh, and really what this is. It's a, it's a game, it's a staking game.

[00:09:22] Uh, and it's on it's on a theorem, these funny looking flowers, the flower fam, where you can get the, uh, project, right. Flower fam flower fam. Yeah. And we have the Lincoln here and essentially what you can then do. Currently like the floor is at 0.1, three, three decent activity around it. But like, it was only about 12% of them open for sale because 88% of them are staked and they're staked because when you stake them, you can earn what's called Huntington's.

[00:09:54] So you stake your JPEG and then you earn yield on that. So a classic sort of yield play here. You can save up that honey coin and then buy things like a B, or the ability to attract, to be things that would then accelerate your staking rate. They've got land plans, other drops planned. It is a pretty robust discord.

[00:10:13] And so far the honey USD is holding up. But I think the play here full disclosure, I, you know, I love rollercoaster. So I jumped on this one. Is to, uh, to take a look at it and, you know, try staking a fire if you want to get in on it. But also keep in mind, you know, the I'm making $4 a day. So I will I'll, I've made my money back, all things considered in a couple months.

[00:10:37] So I don't know. Uh, but here's the thing. These types of dynamics work completely fine. Right? The defy game dynamic is fine until it's not fine. When the music stops number drops pretty quickly. And I've been saying this in the discord. So I I'm in this, but also have sort of flashbacks to Peggy exi, where it was fine when all of these guilds were jumping in and buying new assets in the marketplace.

[00:11:04] This is very important. The money must come from somewhere. Right. That coin is supported because people are buying it like me. I just spent money in to play this game. They get a percentage of that that goes into the economy. They're going to launch new flowers, secondary market, as long as people are buying and you see new people coming in, you're fine.

[00:11:24] Once that stops and profit taking starts, right. Everyone has upgraded to a certain level and they start to say, oh, I don't care about yielding that much more. I care about cashing out and you can look at these flows on contract and whatnot. Once the amount of sort of minted honey is being superseded by the spent money, the spend meaning things that are transferred out of the ecosystem.

[00:11:47] Once that inverted. Number drops fast. I actually thought it was a lot longer window for when that would happen. And I thought that would Peggy assay. I took back my initial, my initial amount pretty early, but then I kind of like, oh, every best. I thought it would last a few months, even at inverted. It doesn't when it drops, it drops quickly.

[00:12:04] Cause there's not enough market volume volume in terms of the number of holders of the actual coin to sustain a price selling pressure, which will again, drop quickly. So here's the. Absolutely not financial advice, but if you are going to get into it, monitor that. And as soon as you can you take out your winnings, you take in what you were, you know, spent a play with it, and then you're much safer playing.

[00:12:30] And be wary of doubling down when you're at or nearing top of this because you're juggling knives. And so there's the full disclosure. It's a cute looking game. Well-built, I'm very impressed with the technical elements so far, it's easy to use. So Bravo to that, leaderboards, whatnot, cute looking flower.

[00:12:48] I'm going to try to get a B I'm sure I'm going to get, I'm going to make mistakes. Even after I said this I'm going to hold too long. I guarantee it.

[00:12:55] All right. Yeah. I think you were right in describing this as a rollercoaster. Ups and downs. And remember that rollercoasters take a lot longer to go up than they do to come down. But yet he, you seem to be a sucker for a rollercoaster ride and just remember to get off the rollercoaster, they don't keep going.

[00:13:12] Nothing good happens to ride the roller coaster too long. Good. I'm going to send me back to run it, run it again. I'll say, do you have also, do you have some Thai food? I just want to gobble down a whole bunch of Thai food here. I'm just super hungry. Some of them settled. Whatever right. Well, thank you for bringing that one to us.

[00:13:32] Myth 47 and George for talking about that, I think we'll move on to our topic here. How many Timmins knit them? All right. Let's just mint the ball, all the things, all the things. I think in a previous episode, we talked about sort of when you have conviction, get more than one, so you can hold one, sell one in this classic, like, all right.

[00:13:50] I paid for what I got in four and I think that's fine advice. However, There's a nuance to it, depending on what, you know, what the base price is and what your appetite is for being able to afford that. So I've seen, you know, recently we talked about, I had an opportunity to admit to us Nazis and I, and I didn't, I think, you know, it was 0.1.

[00:14:12] I was like, eh, I had medium conviction and now looking back, I'm like, I wish I got to, however, there's others that went to junk and I'm like, glad I didn't get. Yeah, I think that's a good point. I think, you know, we've talked a lot about, you know, weighing the risk and reward of, of these and, you know, I think it's worth thinking a little bit of like, what is the worst case here?

[00:14:33] What do you think the floor could be? And if we're, and if we're thinking at about, you know, with, for me, the OSA NACI one was, was a smart play because I felt like it was a pretty low low risk that didn't. It was minting relatively quickly, a lot of good collectors. And he's a known collector. No on-site and an artist in the space.

[00:14:53] And it's felt like a low relatively low risk. You know, I thought that it could hang around 0.1 to 0.2 for quite a long or even the I'm sorry, even like 0.07 to 0.15, more like that for a time that it's risen pretty quickly to, I think it's around 0.4 right now. And certainly gone faster than I thought, but it's, I've thought about this a lot more and trying to, trying to wait for those types of plays, where I see a little bit lower risk.

[00:15:23] And, and when I do see that putting. Uh, you're missing a couple more because it does give you the opportunity. I mean, there's a confused things that it does. One is it gives you the opportunity to potentially mint something, especially rare. You know, when you're thinking, when you're minting, you're getting it at that, you know, the original price.

[00:15:39] And you do have the chance of getting something rare. So there, you know, if you believe in the project and you think that it's worth. That 0.1 or whatever the mid price is, you know, theoretically a rare piece from that collection should be worth, you know, some percentage more than that, a mid price. So each mint has a little bit more value and if you do it enough, you will get one of those.

[00:16:01] But the other thing is, is that you can, you can pick what you want to hold on to. You can also, like you said, George sell without being out of the collection. I find that it removes a lot of the emotion to me about. Whether I want to sell a piece and maybe end up with nothing in the collection I'm able to sell, maybe recoup, you know, maybe even if you meant three, you know, maybe you can sell one, two or sorry.

[00:16:27] Maybe you can even sell to two that you paid for everything. Like you were alluding to, uh, with the flower Fran project, you know, and take your perk of, take what you put in out and then still be able to, to stay in the project and. Not feel like you maybe made a big mistake and, you know, watch it go up and don't feel like you get to be a part of it.

[00:16:46] So here's the contrarian view to this though, is that 95% of projects that go through a mint end up with a price that happens below the floor. They just don't make it back. I'm also one to say, like I kind of buy and then I kind of wait and look at it. I'm like, Hmm. Did ya? So I think there are times where I'll get in on a mint, but then watch and wait and say like, all right, what's happening.

[00:17:10] So for instance, you know, we're, we're kind of looking at it now. And the, the ex copy that we got is down to 0.6, seven that's X copy. So I would say that if you had time that, well, you could have sold one for. I know over 1.5 each and you know, I should have done that. Cause as, as I did live on the podcast, I meant that to did not mean to you, you know, I'm sure if I did been to, you know, what I should've done was sell on once that price got up to at least one and a half you know, I think that's, that's, that's what I try to do a lot more now and trying to be more conscious of taking some profit to cover the mid.

[00:17:54] At the beginning, I would say that there's generally I, you know, yes, you're right. That a lot of, most of the time projects mint out in the floor price ends up below the mid price. I think there's often if you're picking the right projects, there's often a little exuberance around a mid doubt and The potential to, to, to sell something for over the mid price at that point, you know, it's not obviously for all projects, you know, you want to be picking the right projects, you know, and that's something that I think is easier said than done, but at the same time, it's.

[00:18:29] Wedding, some things passed by if you don't have much conviction. You know, if you think that there it's a high risk, if you could give it, doesn't seem crazy that the floor price might be half the mid price. You know, if that seems to be feasible, you know, that's not, that's not great. For me to want to get into something, I wouldn't have real high conviction then if that's my prediction for it.

[00:18:50] Yeah, again, easier said than done to actually to know that, but if you're, if you're looking at these things, you can generally get some sense of how fast it's minting. I, if I think it's going to. Mint out anyway. I'll probably, then I see that it's moving with some of the art blocks things recently that I talked about in the last episode I've been kind of waiting until there's about 30% minted at a, at a decent pace and see like, all right, this is, this is moving fast enough that I.

[00:19:18] This is the lowest price and people are buying it. I don't think that it will take all that long to sell out. And I don't want to have a gas war and hopefully convince maybe two or three of those before it goes and get to choose something. You know, it's different with different collections. We've had, you know, we've talked about things that are pre reveal.

[00:19:34] Pre reveal often is a great time to sell sort of before, you know, people buying. Unscratched lottery tickets, not sure what they are. You know, that is often a great time to sell. We saw recently a project that we're talking about in the discord record guy, we actually saw that those went higher after the reveal.

[00:19:54] That's pretty unusual, but. And I think when you do have one that you're buying CRE reveal, it's, it's, that's one where it's worth selling. At least if you have a couple of words, selling something pre reveal and maybe holding if you want to play that game to see if you get something else, but not so bad to be able to take some, some profit before you know, before finding out if the practice is going north or south after the, uh, after that point.

[00:20:18] Yeah. The, the other thing is like, if it's a Freeman, obviously max out what you can meant. No question. Right? Come on goblin town, goblin. You said it yourself, especially in a market like this. What I like is the confidence of saying like on the free mint, clearly the, the founders are saying like, we are going to get secondary gone.

[00:20:36] Right? This is interesting. So you're saying free mint. You should meet more. Mint as many as you possibly can and frame it, like, I dunno, right? Like get yourself. Yeah. Obviously watch that gas, you know? We've had some, that's a low gas recently, although I have noticed some with that a lot more spikes days, weird days.

[00:20:55] Very weird. It hasn't been as, I don't know, it's been quiet in the space, but. I don't know, I guess this has goblin town, right? So the, I want to come back to, because I was holding the point of the reveal, right? This game of the reveal of like, oh my gosh, excitement is coming. So I sold pre reveal on wrecked guy and I, you know, I made money.

[00:21:17] Look, it was a free drop. So if you're one of our affordable projects was Deakin's amazing. Pick by India. What a great community. We've talked about it. That then give you a free drop four wrecked guy, wrecked guy pumps to like over and ease. Well over. I think it's down to like 0.6 0.7 now are supposed to reveal, but there was, there was a high point.

[00:21:38] I made him, I made an error by selling before the reveal and in my mind, here's the. I did you make an error? No, I didn't make an error. I made half an hour is what I made. Right. That's what I most times that's the problem, right? It's an end of one, but my thinking is that the average sort of distribution for the overall resulting reveal, meaning that like we can't tell a certain image and then the owner just.

[00:22:09] Changes the URL and each one has its own image. You're like, oh, this is the 1% rare. Oh, I'm in the 90%. Not rare that technically should be if the market's price right. And average emiratisation across the entire collection. So you move from this, like, am I going to get the one one-on-one 100 or do I want to get my smooth out average value right now?

[00:22:29] And I'm like, I'll take the average value. And maybe that was, you know, I could've made more if I waited, I think most of the time though, there's hype, there's interests. There's people that want to play that lottery game. Cause they're like, oh, one of these could be worth 10 X the rest. And you're like, yes.

[00:22:44] However, you know, what game, what game do you wanna play? If I had to, that would have been a great thing, but I didn't have the power to do. Yeah. So I think that's a case where, you know, it would be nice to have two, those were, I think they were just actually per wallet that they were given out, uh, for DJs holders.

[00:23:01] So I don't really, I mean, it would be hard to have the, have gotten more than one unless you had multiple wallets, uh, holding them. So, yeah, that's a tough one, uh, for this many, you know, this discussion of how many to mint and I think you can actually apply. This idea to how many to buy when you're able to buy something at a low price, if you aren't going into it.

[00:23:19] And you know, think that it's about the low as it's going to go. You know, it may be worth getting more than one, but you know, you never know. It's more looking at, you know, what a most people gotten into to the project that where most people willing to sell. And, you know, I think you can sort of learn.

[00:23:36] That if you look at the activity for some time, uh, one project that George mentioned recently is the act guitars. And I've, I've been watching that activity a lot and that's just been it. Hasn't been looking for it to get down to 0.6 or so, and it won't get below point. 8.67. And even then it's just one or two, they're sticking at 0.7 and that's when we're, you know, I start to see after a while it starts to look a little bit more in tasting at that price range.

[00:24:04] When you just see that anything that gets much below that is getting snapped up pretty quickly. But it's also one where, uh, they're cool pieces and. I would want it to have more than one in the end if I could, because I think that there's a good chance that they, uh, you know, that they could catch on at some point.

[00:24:22] And I would hate, I would like to be right and like to stay in the collection. You know, if that, if that does happen, like, like when I say right to be right with, uh, being able to take some profits. Yeah. Because you want to hold it, I guess I'm getting a little less diamond handsy with some of my projects at this point.

[00:24:41] I think. The larger sort of upside I've lost out on. And it's like thinking I have to like, hold these things forever. Like you can always get back into the project, frankly, like the chance that you were like happened to be holding, like the one thing that's going to go wrong. Uh, so I've, uh, I've begun to be getting back to our episode about head and shoulders, right?

[00:24:59] Like I'm aiming for like the, the, the shoulders and knees, I should say. I'm like, I'm fine taking a profit where it is so that I can find another project, but the, the by twos is really if you're able to, especially for a smaller level, uh, the way to go and, you know, the larger, it gets larger, it can false.

[00:25:18] That's where I get that. Yeah. I mean, right now, you know, executors are certainly. I dunno in the affordable range necessarily. It's it's, you know, for that, it's more that you start to see, you start to see that there is demand at a, at a slightly lower price, I guess, you know, but that's, that's one where it's a little harder like here's what I'm going to do.

[00:25:39] Here's what I do. So by the way, flower fam the team, I forgot to mention not fully doxed. So lot of, a lot of great signals here. Uh, here's what I think is going to happen. There's going to be increased attention and then pressure. Cause everyone's staking their flight. As soon as the flower fam that price gets close to , I'm going to sell my flour and go get a, go get an Acura tar.

[00:25:59] All right. And if that's my play, this is not financial advice. I'm talking about getting one JPEG for another gift back. All right. I like it. I like those avatars. You know, that's when we're, it would be tough to ship to a, get a couple of them necessarily. But, you know, I think that's the right to have the idea that you don't need to be diamond handed about these things.

[00:26:19] It's not, you know, this, isn't the case of one project that's gonna take you to, you know, to board a planned at this point. You know, there's a lot of options out there and chances are that there's gonna, that they're going to have some success. And that it's going to reach it. You know, it's going to plateau or it's going to move along slowly.

[00:26:37] At some point you had another note here in our, in our show notes that I really want to touch on and it's better to pass on mediocre projects. And with the poor risk reward profile. And save for good projects. You know, we are, you know, we had our shopping list. We're talking about guitars were, you know, bringing up these other, other projects along the way.

[00:26:58] And I think it's getting easier to separate the wheat from the chaff. And while you can run around and try to find the next goblin town and bet on every single mean, like by the way, get on whatever free mint you can find do it. If that's your hustle, it's a fine game. Right. You've spent paying gas to be in the game.

[00:27:15] Okay. But I think saving up and then really looking for quality projects as a play on levered leaf is, is what I'm looking at still. And I, you know, I don't think entities are going anywhere. Yeah, I agree. And that, that's good to mention that point that I mentioned that I had written there. Just, I think there's a lot of, I don't know, there's a lot of projects that are on sale for people that are going to be around the space.

[00:27:40] For a long time and worth looking at those rather than hoping to catch the new lightning in a bottle or, you know, goblin town. And I mean, obviously if it's free, go for it, don't go, you know, don't go giving away your Eve and hoping that your, that it's going to turn into Maurice. Oh, and the, and the project I can never say no to.

[00:27:58] I picked up another moon cat, speaking of which they fell below my buy price. I got a little orange tip. Well, smiling, happy fellows. That's a good one. And that's some it's all me. I was like, all right, what do we got here? Wait a minute. It's orange. That's rare. There's a clear face. That's good. It's happy.

[00:28:13] Which seems to be they're more frownies than happies. So I got a smiling orange Tabby ready for action for under 0.3 and I waited patiently and just check it's just so much more relaxed time to be trying to. You know, even to, to projects that, yeah, it is nice to be able to, to shop a little bit more, kind of wait it out.

[00:28:36] You know, it's hard at times to be patient as a buyer, but I do feel like it's easier when you realize that there's a bunch of different collections that are worth watching, putting on a list and then just be patient. Wait. I know for me, I'm trying to wait for offers to come through for the most part, unless I see something.

[00:28:54] That's very mispriced. Yeah. I've been less on the offer and more on the like watching and knowing enough about a project to wait for that in this price. And I'm always looking at the recent activity to be like, all right, where's been the most like lowest low, so not the floor, but the, like the, who got desperate at one point and drop something.

[00:29:14] Yeah, I should actually say I've been more, I've been using offers more often when I've already got pieces of a collection offering at a significant discount. And that's the intention is either I end up with it at a discount or maybe it, uh, you know, gets inspires somebody else to go buy it ahead of that.

[00:29:34] Or at least make an offer ahead of that. You know, either way I'd be happy as far as someone picking up another piece from the collection or ending up with it at a discount. Alright, good topic. Good theme. See out there, join the discord. Remember none of this is financial advice and leave us a review so we can build up that massive audience so we can avoid insider trading.

[00:29:57] That's right. Yeah.