I’m starting a new venture - the G Fund.
Who am I?
I’m Tanyo, a crypto content writer who has been trading in two bull markets - 2017 and 2021.
Surprise, surprise, I lost money - didn’t buy or sell at the right time. I have picked a few winners, though (by accident.)
With the G Fund, I intend to be a lot more thoughtful and rational this time.
I’ll invest my own money in 10 early-stage crypto projects (tokens and NFTs) over the next year and a half and document my journey here on Mirror.
“Why only 10? Crypto is full of opportunities!”
I intend to invest 4 figure sums in each project, so diversification would actually hurt me.
“Concentrate to get rich, diversify to stay rich,” right?
I rather invest a lot in 10 projects I’m convinced will succeed than invest in 100-1000 projects I kinda like but don’t really understand.
A few disclosures before we start:
- I’m not an investment/financial advisor. I write these pieces for myself to improve my thinking.
- The investments are highly risky, so I’d discourage you from blindly apeing into my investments. I’m going for the moonshots here - investments that would at least 100x within the next few years, so the odds are I’ll lose money.
- I’m an idiot, so keep this in mind.
Here’s my six-step investing process which was inspired by people like Naval and Kyle Samani:
- Find a promising project via my Neo Tokyo Season Two NFT or my Magic Ticket from Magic Eden.
- Understand the different dimensions and design decisions the project is making. What are they optimizing for? What are they sacrificing? There are always trade-offs.
- What’s the high-level thesis about space? What do you think is true? How would the whole market play out? What do I believe will happen and at what probability?
- What’s the team behind the project? Would they be able to execute their vision and take advantage of the opportunity?
- What’s the quality of the product? Does it have a lot of users? Is it growing like crazy?
- Once I've found a project I like, allocate as much capital as possible. It’s fine to lose money. I need one big winner to cover everything.
Let’s start investing!