We currently have few marketplaces for NFTs. There are people that we are in a bubble when it comes to NFTs but others are more optimistic about its future potential.As an investor, what should change about the current field of NFT that can make you consider investing in them?
Finding the product-market fit is supposed to be one of the hardest problems initially that many founders fail to do it properly. I have had few failed startups from before and the main reason behind all was "Building People Did Not Want"I want to make sure I get it right this time and I appreciate all your valuable input on this. How should one go about finding the product market fit? Both...
I have been mostly relying on offsets for implementing paging. It is more straightforward in implementation but I find cursor based pagination more intuitive in usage; plus it has better support for real-time data but on the negative side you are forced to use infinite scroll which is not always the best solution.I was curious if anybody has any experience with these two approaches in their...
I was planning to build a Shopify app as a way to get my entrance into the world of entrepreneurship. I was doing some research and came up with 5 ideas and decided to write a piece on it [1] Here is the gist:#1 Task management #2 Local pickup app #3 Enabling renting products #4 Customer and products insights #5 Virtual show and tell appAny Shopify merchants who can give me feedback on it? Are...
Any shopify merchants who can give me feedback on it? Are you currently using another mechanism for solving any of these problems? Are they even real problems in your opinion?
Would love to have a discussion on some pain points in merchants lives; as I want to build a pain killer and not a vitamin app.
I also diversify among cryptocurrencies and invest in both Bitcoin and Ethereum. My plan is to keep a close eye on their role in economy and not speculating on them in short term or get caught in investment gossip and who said who.
Also for the Bitcoins I own, I plan to hold them for a very long time unless something fundamental happens to their prospect.
What are your thoughts about the right way of investing in Bitcoin?
For fun stuff, I really enjoy walking, biking and karting. Hope the borders open up soon so I can visit some new places also
I think the solution to this is to consume less content, only read the verifiable sources, think a lot, reflect a lot, change perspectives a lot, and act smarter. and that is definitely true for investments as well.
Two things drive up the price of investment assets. Crazy people who increase relative price to value in the short term but that usually tends to return to average in the long run; so in a sense anybody who stayed calm in crazy times and away from madness of crowd, will reap the benefits by actual economical and wealth output of their investments.
I always had a hard time with this question.On one hand, I always knew it is really important to ask customers about their pain points and how my product can solve it.But I also get carried away by making a lot of assumptions on the behalf of my customers and sometimes it has paid off.So in short, the process of listening to customers is a bit vague in my mind. I was wondering if anybody has a...
The way I approach speaking in a group is to not have any expectations of the outcome of the conversation and only consider what I want to share without taking others into account. This might sound selfish but I found it more useful than the alternative.
If nobody is talking and you have something to say, you say it. If others are still quiet and you still have stuff to discuss, you keep going. But if you run out of ideas to share and others are not cooperative, then that group might not be the best one to be in that time. In that case leave the conversation.
Also remember than if someone is criticising your opinion or you. they have that right for themselves; and you also have the right to accept or reject their criticism. In this way the conversation will happen among a group of adults who are not afraid to talk about hard issues without taking things personally. But if someone is making it personal, don't be afraid to call it out.
“Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.”
This is from "The Little Book That Beats The Market"
What is your favorite investing quote?
Artists: They are looking at NFTs as a way to generate new streams of income
Speculators: They fall in love with any buzzword they hear and just throw money at it, just not to miss the latest train of opportunity (even if it takes them to doom)
Investors: They are looking at this space and trying to figure out scalable ways to benefit from it in the long run
Celebrities: They are having fun/experimenting with NFTs and selling them not because of their intrinsic value, but because their name and brand image is attached to it
Skeptics: They are not rich, celebrity, or an artist and also not foolish enough to jump into a new hype without understanding it
We will reference these groups of folks when diving a bit deeper into the valuation analysis of NFTs.
Basically, we are going to answer few basic questions here:
What the heck is even an NFT? Does NFT have a value and future? If yes, how should you invest in it? ...