April 15: Crypto Summary
π€‘ Facebook's Metaverse is a f*cking joke. If you work there, you should probably resign.
GM to everyone.
Sorry for not writing to you for two days. Duty called.
Here's a quick summary of what I saw this morning:
Here are todayβs market moves:
Here's what you need to know:
Meta is creating a Metaverse and itβs a complete joke
Metaβs new project is going to be called Horizon Worlds, and will let users buy/sell virtual items & land.
To incentivise creators and get the platform kicking, a $10M Horizon Creators Fund has been set up.
But the most important part: They are taking 47.5% cut of sales on items π πΒ π πΒ π πΒ π πΒ π πΒ π π π π π
Fucking ridiculous.
Check out Punk 6529βs tweet about the business model π
βJack Dorseyβs First Tweetβ got a bid of just $280
A few months ago, Iranian crypto entrepreneur, Sina Estavi, bought Twitter founder Jack Dorseyβs first-ever tweet as an NFT for $2.9 million last year.
He listed the NFT for sale again at $48 million last week.
The bid ended with the top bid being $280.
Thatβs the face of the NFT owner right now π
Investing in crypto should be a marathon not a sprint π§ββοΈ
Iβd like to share some knowledge in these times of volatility in the crypto market. This indeed looks like a good time to buy the dip, and you definitely should!
But pause for moment and re-think the strategy a bit.
Two things to keep in mind:
Drop the 'get rich quick' mentality. An unrealistic belief will probably lead you to be disappointed what in turn will cause you to take emotionally charged decisions. Play the long game. Many newcomers to crypto dream of "getting rich quick" but in the end what they get is a rug pull.
Investing should be a marathon not a sprint. Keep DCAβing. Keep DYOR. Invest only what you can afford to lose. Keep reading CryptoBrew.
Check this out
You must have already heard about Elon offering to buy 100% of Twitter for $43 Billion.
Here are some tweets about that for you to enjoy:
Crypto lingo of the day
Right-Click-Save As:
Every non-NFT person's first "gotcha" move when learning about NFTs - demonstrating their vast technical capacity to download an image from a web browser.
Civilian: "I Right-Click-Saved this Punk and now it is my PFP"
CryptoBrew: "Go right ahead"
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