I mean yeah, second journal entry right? What am I even doing at this point. Promise you I am learning slowly each day. Am I digesting the right info? I hope so. All I know is my first mistakes will be huge so feel free to call me a dummy, for now. You stop making fun of the horse in last place when he overtakes first on the final lap right?

So I bought and swept my first collection, CNP Gotouchi. It's the layer two of Crypto Ninja Partners and apart of the whole ecosystem (I think??) of Crypto Ninjas. Both collections over 1 eth. More so what stood out to me about them is it's dedicated Japan audience. The collection originates from Japan so it doesn't have the same echo chamber from “mainstream” NFT Twitter.

This was a risky buy for me in the sense of a cetain fallacy, maybe you might know the type, of seeing the success of every Japanese NFT collection so far and assume this one would succeed. I swept 9 for a total of .1 eth, so in the spirit of flipping, if it meets even a semblance of my assumption I could de-risk easily.

Truthfully, I could be chasing a phantom flip. I was going to buy the Sewer Pass for 1.2 eth but I passed on it. It peaked at 2.3 eth. So hey man, it is what it is. If this Gotouchi flops than I learned a lesson. Will have to refine my DD and gut instinct. If It pans out then I refine my DD and gut instinct! I kinda want to see it run though so I can sell 1 and feel the mania of holding a foreign blue chip NFT. One can only think of the possibility right.

Gotouchi bust or thrust, -ers to the star!

Jobagiant

[01.23.23]