The Daily Loop #104
3 quotes, 2 short form tweets, 1 long form read and 1 piece of advice from me. Consume 2 minutes of information to help you advance your knowledge in different fields.
The Daily Loop newsletter focuses on information that can be consumed in 2 minutes every day by linking to posts across the internet, formatted in a way that is easy for anyone to navigate. In a 3-2-1-1 design (quotes, short-form content, long-form content and advice).
The goal is for as many people to read this daily and inspire them to think differently about certain things. It will primarily be around topics and industries I am interested in such as: startups, ai, success, innovation, change, crypto, nfts, etc.
3 quote
"Good health is not something we can buy. However, it can be an extremely valuable savings account."—Anne Wilson Schaef
"Opportunities are usually disguised as hard work, so most people don't recognize them."—Ann Landers
"Creativity is intelligence having fun."—Albert Einstein
2 short tweets
1/
Have patience and believe! A message to those in NFTs right now.
2/
“First they ignore you, then they laugh at you, then they fight you, then you win.”
1 long read
https://twitter.com/hnshah/status/1647328545205817344
Probably one of the hardest problems to face when building a tech startup. It’s never easy. The best struggle with it.
1 piece of advice from me
I plan to post a more comprehensive explanation later, but for now, let me briefly share my thoughts. In my opinion, the current state of the NFT space is the worst it has ever been. This isn't just about one project; rather, it is a widespread issue affecting the majority of them. The first significant bull market occurred in 2021, and Crypto reached its peak in November of that year. NFTs managed to hold on for a few months before they also reached their peak.
Without proper funding, projects will perish. Likewise, projects lacking long-term vision will quickly exhaust their short-term resources and will lose value as quickly as they gained it. Traders will have difficulty making a profit, causing liquidity to flow out of the market. Impatience will grow, and people will abandon the industry.
It is up to you to evaluate your level of conviction and determine what actions you want to take in this situation.