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- November 6 - 10: This week in NFTs, recapped in one letter
November 6 - 10: This week in NFTs, recapped in one letter
Right Click, Recap is a weekly newsletter that helps you stay in the loop of the ever-changing NFT market and its community.️
Stepan Nilov
November 10, 2023
Gm,
It’s finally happening. ETH hit its 2023 high as BlackRock filed for a spot ETF. Most NFTs (maybe even your bags) are up ~30% across the board. CryptoPunks are flying. Gordon Goner went on an epic shopping spree that included a 600ETH zombie punk sale, as well as many other grails across multiple projects.
We’re so back. We don’t know for how long (nothings is constant in web3, except for bots on Twitter/X), but right now it definitely feels like 2020.
Most importantly, this time, it will be different.
A word of wisdom about investor behavior during a bull cycle:
How do you lose money in a bull market?
Let me tell you how.
You lose money when you chase pumps.
Every day there’s gonna be a shiny new thing that is pumping hard and you’ll be upset with your mediocre return on something else you’re holding.
You’ll feel an overwhelming… twitter.com/i/web/status/1…
— OSF (@osf_rekt)
12:21 PM • Nov 10, 2023
Don’t let the euphoria blind you.