Note: This entry was written and sent as an email on the morning of February 22nd, 2021.
Hello folks, going to kick off the inaugural NBA topshot daily thread. I'm assuming you are familiar with the primer I published over the weekend, so I won't be explaining any concepts here. Thinking of attaching three moments I'm watching or recommending as a buy every day, but we'll play it fast and loose for the first couple of days. I'm not going to list prices next to my moment recs, because the prices are so dynamic and will probably go up by the time you read this.
Review of yesterday / weekend
A crazy weekend in Topshot, all the prices are going up and up. Things that I bought for $6 on Friday are now 70+. I think now is probably NOT a good time to buy the more expensive Series 2 moments, because the next pack drop will depress prices -- there are still some good deals out there if you're willing to hold and not flip right away. Yet I think Series 1 moments are a good investment no matter what, because of the intangible value of having a "Series 1". The Series 1 is also more limited (at most 3500 copies, whereas 15K copies for most Series 2 moments).
NBA-related news
The NBA All-Star team reserves are being announced today. There's going to be a spike in the value of moments for players named to the team (Bam Adebayo, Damian Lillard, Khris Middleton are the particular names I'm tracking.) If you happen to check out TopShot before the news releases today, definitely invest in them for a quick flip!
<$50 Buy:
https://www.nbatopshot.com/listings/p2p/208ae30a-a4fe-42d4-9e51-e6fd1ad2a7a9+f0985744-aab1-46fd-a470-5f3a116313fchttps://www.nbatopshot.com/listings/p2p/208ae30a-a4fe-42d4-9e51-e6fd1ad2a7a9+f0985744-aab1-46fd-a470-5f3a116313fc
A cool moment and a nice dunk! Jonas is a bit of a cult hero in hipster NBA circles, and I think this moment is good for a quick flip at around the 75 range.
Keep An Eye On:
All rookies! Happy to explain more tomorrow if there's interest, but basically Dapper Labs (who administers Topshot) is releasing a feature called badges to a lot of rookie moments soon. You can read more about badges here.
A list of rookie moments getting badges can be found here. The individual moments themselves are pretty expensive, so don't buy those, but "a rising tide lifts all boats". Other moments from the rookies listed here are going to inflate in value. A good example is the RJ Barrett sick Eurostep moment. I bought it for $39 on Saturday, sold it at $100 last night, and it's at $120 this morning.
If You're Feeling Frisky:
Bam Adebayo, as mentioned before, is going to be named to the All-Star Reserve team later today. This sick alley-oop moment is the cheapest Bam moment on the market right now and is going to go up later today: https://www.nbatopshot.com/listings/p2p/208ae30a-a4fe-42d4-9e51-e6fd1ad2a7a9+c330b5bb-b6ab-4446-a1d3-8893163c8b3c
Hope you enjoyed the read! All feedback is welcome. Happy TSing!