Why Short-Term Thinking Causes People To Sell Their NFTs Too Early #shorts

1 Jun 2022 · 1 min

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This content was created by Eric Siu. This content was uploaded by Eric Siu. This is a YouTube short titled "Why Short-Term Thinking Causes People To Sell Their NFTs Too Early #shorts" (uploaded 2022-06-01). It features a single speaker (transcribed as SPEAKER A) talking about NFTs and investment mindset — expressing long-term bullish views on projects like VeeFriends (Gary Vee), Impact Theory Founders Key (Tom Bilyeu), World of Women, Illuminati NFT, and Knights of DeGen. The speaker explains a heuristic of trusting projects created by entrepreneurs and being willing to hold through short-term declines because of expected long-term value.

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VeeFriends is another example. Am I bullish on Gary Vee long-term? Absolutely. Because he's putting his reputation on the line as an entrepreneur. Tom Bilyeu has one which the Impact Theory Founders Key. And, you know, people aren't like, they're like, oh, that one didn't do well. It's like, do I think he's gonna do well long-term though? Absolutely. And so I'm just gonna hold that one. World of Women, do I believe in it? Absolutely. I'm gonna hold that for the long-term. And so, you know, I look at a lot of different ones that I have over here. For the most part, when I look at these things, it's Like Illuminati NFT, it's created by another entrepreneur. Knights of DeGen is also created by another entrepreneur. And so that's what it is. I mean, I believe in these projects for the long term and I use that heuristic around it. And I don't mind if it goes down in the short term because I know in the long term it's going to be worth a lot.