Anyone using their wins to tease you because you werenβt bullish on the open edition, youβre not silly. Your reasons for not being bullish were valid.
Thatβs how editions work. Considering how everything played out, there were more reasons to stay cautious than to be bullish. 99% of the time, an edition isnβt supposed to do even a fraction of this. The difference here was the person behind it and his reputation, not the art or the idea behind it.
For those who went in, it was a gamble. In this case, it was a relatively safe gamble where the risk-to-reward ratio looked reasonable. 80% moved on FOMO and thatβs a huge factor in todayβs market.
You went in, it worked out and the gamble paid off.
This is one of those situations that wonβt happen often. It happens once in a while, sometimes once a year.
Just like AKC doing $300 on a 10K supply.
Just like Spritehood doing a 44,444 supply at $14.
Just like Blockyz raising close to $100M through NFTs.
Just like StonkBrokers pushing NFT utility and ideas across different chains.
You get to witness something like this once in a while. Thatβs how the market works.