Trade Alert

I ended up buying a Pudgy Penguin for 4 ETH. Missed yesterdays price of 3.5 ETH but 4 will do.

This is incredibly risky and I only bought this because I am in the financial situation to buy. I think the NFT space will make a massive comeback and I want to take advantage of this capitulation we are seeing right now. There is absolute panic right now. However just because there is blood in the streets doesn’t mean the NFT space can’t see another capitulation.

This team is also very active and has held very strong even throughout this capitulation phase. I will sell this during the next bull market. The time to sell is when I see multi million dollar bids on the top NFT’s and people aren’t selling. That’s the perfect time to sell because it means that the amount of FOMO is insatiable.

I bought it here: https://opensea.io/collection/pudgypenguins/activity