My $1000 a DAY: Monthly State Of Wax P2E NFT’s 2/04/2022 Report. What I’m investing in and avoiding (update).
It’s been almost 2 months since I did a “State of Wax P2E NFT’s” report…the last article had insight into what I was investing in and what I was avoiding.
Farmer’s World found a temporary bottom recently…or at least stopped cascading down, so I was thinking about making an entry. But in the past week, all support broke again at .618 fibonacci and it’s back near the lows in FWG FWW and FWF coins, so entering FW full force here isn’t a good idea.
The other 4 P2E Games that I shit on in the last article…
Century Trains sold another shitload of packs that I opened…I probably made back 10% of what I paid opening those shitty packs but somehow I got sucked in.
Xpansion packs have finally corrected to the right prices..If i remember I bought a “Normal” Pack for about $74..this is a far cry from the $400 i spent last year on one. This has potential value, but the only cards that make decent income are the Legendarys and Mythics and they’re way out of the reach for most people.
Farming Tales has been in an eternal downslide with their packs and crypto, and I continue to stay far away from them.
SpacecraftX crypto has not recovered either and the volume has trickled to almost zero..the hype has clearly worn off and no hope in sight…the cryptos keep getting bashed every single day.
NFT Battle Miners, NFT Panda and Alien Worlds were my top choices, but since that last December article, NFT Panda “BAM” coin has been going parabolic down endlessly so I sold everything for break even (I put in about $5500 and sold for $5500, but i mined about $1200 in BAM before it collapsed, so it was profitable).
NFT Panda cards are surprisingly selling for close to what I sold them for, and they really shouldn’t…the BAM coin has been cut in half since I sold so the NFT’s are EXTREMELY overpriced. If you read this article and haven’t gotten out, it would be a great time. To make matters worse, I placed in the top 100 (about 64) for mining, and got chump change for a prize. I sold all of it, and all I have to show for it is worthless food for my non existant Pandas..no top 100 $250 prize like they promised a month ago.
Now with NFT Battle Miners, my number one investment…let me be honest here, I was feeling some serious pain having gone from about $500 a day in NBM down to $60 a day in the past couple months, so I listed a huge auction with a lot of my favorite cards..like Mining Albums (none sold) and Rare Mining Facilities…Mining Facility 2 Size RARE is the KEY card in NBM, and I stupidly sold 14 of my 32 for a sizeable loss. I sold them for about $105 a piece and paid about $300 each..I was going to use the money to either 1.) Setup a day trading options account with $25,000 (the minimum bids were low and if they all sold would have netted me $22K-$25K but that didn’t happen).
At this point I decided it was really dumb to sell…these auctions were about 2 days before the real bottom in WAX and WAX NFT’s, so I’m holding onto them for the time being.
PVP cards I will NOT sell because I put so much time and effort and crypto into them, and they look REALLY cool at U5 each. As a collectable NBM cards look vicious hot with the incredible art work. If PVP launches in full and succeeds I could be looking at another $50-$100 a day, considering nobody in the entire game has a deck built and as strong as mine.
Now Alienworlds.io, the company I work for at the moment…right now the TLM price has reversed almost 40% off the lows from $.09 to about $.1325 in the past week or two, and I’m feeling a lot better now. I have about 720,000 TLM being dripped 2888 a day still, and $.1325 is way better than $.09. I have a target of $.15-.$17 MIN at this point…as detailed in today’s chart i posted.
I’m expecting a much bigger spike to the intended .17 target, but long term .30-.35 is a full .618 retrace if we’ve truly bottomed..and I think we did.
What packs have I been buying?
In the past week during the bottom of Crypto, I dabbled in the most beat up old projects ..and their packs.
Spacefarmoff packs were fun for a while…I pulled and sold a $1200 legendary, and a $1200 legendary planet, but not after pulling like TEN MILLION Purus and/or Space Chickens from those bastard cheap packs.
The packs are down to $25 each but the project looks to be in trouble at this point..the devs are either incompetent or lazy and the website looks terrible. People are dumping the cards like mad right now.
BlockChain Heroes released a total bomb failure NFT sale recently, and I bought the cheap packs hoping for a 1/1…I ended up with 2 Mythics and a Legendary and barely made 40% of my money back selling them lol.
The cheap partner packs were not a welcome addition for me a the contents were mostly dirt commons and promotional cards. I should have took all those packs and tried to sell them for $5 each, but I gave up and ripped them. BAD IDEA!
Another fun idea was to buy Bitcoin Origins 2MB packs. As you may have known, the last release BOMBED HARD. They barely sold through 1/3 of the blocks, and that’s being generous.
NOBODY is buying this stuff but maybe me and one other guy, but man 2MB blocks at $24 each is fun! I use to spend $250-$500 a piece on these particular packs in hopes for Animated Glitch cards…and guess what..
Yes, in like 8 $24-$40 2MB blocks i pulled a pair of Animated Glitches…the card below I sold for over $5000 last year. This card was THE SHIT back in the day.
I gave up on one of them because there’s over 15 of them out there for about $40, but the 1 of 5 is so special and so nice that I wouldn’t take less than $300 for it. It’s a MINT ONE and only FIVE have surfaced!
Buy my shit! https://wax.atomichub.io/profile/xbequ.wam#listings
That’s my update for 2/04/2022.
