How to Get Rich in the MetaVerse

InvestorEducation / Metaverse Jan 20, 2022 - 03:57 PM GMT

Whilst my forthcoming in-depth analysis will point out the primary mechanisms and strategies for becoming wealthy, however here is what one needs to do to fully capitalise on the metaverse where basically you get out what you put in in terms of effort.

So here are what I consider to be what one needs to do to fully capitalise on the metaverse far beyond mere investing in a few stocks, listed in order of effort involved. And in order to keep this concise I will focus on Decentraland and SANDBOX.

1. INVEST IN CRYPTO CURRENCIES

What do you think is the currency of the virtual worlds? Crypto's. where each meta world will favour it's own crypto. For decentralised land that crypto is MANA and SAND for the soon to be released SANDBOX.

As you can see from the following charts that both metaverse crypto's have bolted higher following Facebook's announcement. Still I consider this to be early days so I will be accumulating limited exposure to both virtual world crypto's, a case of invest and forget to wake up perhaps in a few years time to many multiples of where the crypto's are trading today, a bit like buying bitcoin 10 years ago.

Before you all rush out to buy SAND, understand that about 300 million is going to be unlocked on 1st of December (current 900 mill) which 'should' suppress the price for a month or so, with a decreasing amount released every 3 months until the maximum supply of 3 billion is achieved by the end of 2024. Nevertheless SANDBOX release is going to be accompanied by a lot of FOMO.

MANA total supply is 2.8 billion of which 1.8 billion is in circulating. However 400 million was been burned in transactions which means the effective maximum supply is now 2.2 billion (they no longer burn MANA).

2. INVEST IN VIRTUAL LAND

The next easiest step would be to buy a parcel of land in the virtual world. Either to sell on or to build something on at a later date. I'll do a video when I have done it myself to illustrate the process.

3. EARNING POINTS BY PLAYING GAMES

Perform activities that earn points , given that the virtual worlds are actually gaming environments then you can earn some points / tokens by playing the various games they include. Personally I would not recommend going down this route other than to the extent to understand the capabilities of the platform in terms of future prospects as playing games is a consumer activity whereas my focus is in terms of investing capital and creating content, perhaps creating GAMES rather than playing them. You don't want to be sitting there for hours a day clicking a mouse just to earn a few points!

4. Working in the Virtual World

There are thousands of job openings already in the meta-verse! Where? in the META CASINO"s where players come to gamble their SAND or MANA and are greeted and catered to by HOSTS, and that's your first entry level job as a HOST! To populate the meta casinos and keep the gamblers engaged where for about 20 hours of work per week one earns $200 per month. Not much but we are at the very beginnings of the META economy and there are higher better paid positions in the Casinos as well.

Decentraland also has job fairs from time to time where various companies seek to recruit. So one can get a job right now in the metaverse, just don't expect to get paid much by western standards.

If you really want to capitalise on the metaverse?

You have to become a creator!

LEARN to create objects in Decentralised land and Roblox etc , which in fact are NFT's! Even if they may not yet trade as such as given that they predate the crypto NFT craze. This is what I tell my kids to do as I personally don't have the time to go down this route i.e. at this point in time my plates full with machine learning.

CREATE Wearable's
CREATE NFT's
CREATE Games
HOST Virtual Events
FREELANCE Your Services

What I am doing

My initial focus will be on buying LAND in the virtual worlds with a view to resale at a later date or given further knowledge perhaps build something on them that generates revenues of sorts.

This article is an excerpt from my recent extensive analysis covers how to invest in the metaverse - Best Stocks To Profit From the $1+ Trillion Emerging Metaverse Mega-trend

Contents:
VR and Gaming Becomes the Metaverse
A Video Message from Your Metaverse Analyst
PRIMARY META-VERSE STOCKS
QUANTUM AI METAVERSE STOCKS
METAVERSE STOCKS UNIVERSE
Google Glass a Big Fat FAIL
META (Facebook) Dominating VR
APPLE AR Headset Coming 2022
ROBLOX - High Risk
TENCENT- Chinese High Risk GAMING
XXXXXX - CAD - $254 RISK - 3 OUT OF 10
XXXXXX - RISK 3 OUT OF 10.
XXXXXX NEW LIFE FOR AGEING GAMING GIANT? RISK 2 OUT OF 10
XXXXXX - DIGITIZING THE REAL WORLD - RISK 8 OUT OF 10
INTEL Black Friday Sale!
IBM The REAL Quantum Metaverse STOCK!
NVIDIA THE KING OF THE METAVERSE!
XXXXX
AI Stocks Portfolio Current State
AI Stocks - What's Cheap
AI Stocks - What's far value
AI Stocks - What's expensive?
Stock Market Trend Forecast Current State
Current State of Cathy Wood ARKK Garbage
RIVIAN IPO Illustrates We are in the Mother of all Stock Bubbles
DECENTRALAND
SANDBOX
How to Get Rich in the MetaVerse
Bitcoin Trend Analysis
Crypto Current Portfolio
Covid19 Winter Storm Fuel for Financial Crisis 2.0
OMICRON - The 'Oh Dear' Worst Ever Covid Strain?
Consequences for the Stock Markets?
Financial Crisis 2.0 Current State - TAPERING
Financial Crisis 2.0 Stock Market Bubble Investing Strategy
Why You Should Not Fear a 50% Draw down in Your Stocks Portfolio
What's driving asset price inflation?
Inflation Forecasting a Recession In 2022
UK Inflation Hits 30 year High of 6%
UK Energy Customers Falling into Energy Firms Fixed Rate Tariffs Trap
Fin tech Stock - NEW STOCK

The whole of which was first been made available to Patrons who support my work. So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $4 per month. https://www.patreon.com/Nadeem_Walayat.

And access to my latest analysis that updates the current status of my High Risk Bio and Tech Stocks portfolio.

High Risk Bio and Tech Stocks Portfolio Q4 2021 Update

Contents:
Exponential AI Mega-trend
INVESTING PRIORITY
Why Most Investors LOST Money by Investing in ARK FUNDS
ETF BUBBLE Primed to EXPLODE!
INVEST AND FORGET
BREWING FINANCIAL CRISIS 2.0 - RECESSION 2022
FED TAPER CON TRICK
CP LIE - INFLATION vs DEFLATION
UK Inflation Fraud - Real Inflation is 15%+
The 2% Inflation SCAM, Millions of Workers take the Red Pill
Why Inflation is Soaring
Flip Side High Inflation Winners
Warren Buffetts $130 billion Master Plan
STOCK MARKET CRASH INDICATOR
The Quantum Entangled Stock Market
Unloved Biotech Sector
High Risk Stocks Portfolio
COINBASE $247, Risk 1, P/E 19, +0%
TAKEDA $13.7 - Risk 1, PE 10, -19%
Western Digital $56.7, Risk 2, PE 13, -2%
ABBV $132, Risk 2, PE Ratio 11, 4% Dividend, +24%
CORSAIR $21.7 - Risk 3, PE 11, -26%
Neurocrine Bioscience (NBIX) $84, PE 18, Risk 3
ALI BLAH BLAH BABA (9988) $120, PE 17.2, Risk 3
TENCENT TCEHY (0700) $57, PE 19, Risk 4, -9%
RBLX $95. Risk 6, +7%
CRISPR $74, PE 15.3, RIsk 6, -39%
AVIR P/E 30.5 , Risk 9, -71%
APM $1.88, -37%
ACCUMULATING
AI Stocks Portfolio
Limit Orders
Best Stock Investing Platforms
CRYPTO BRIEF
OMICRON a Fuss About NOTHING

Also access to my recent analysis that acts as an early warning of the increasing risks of market panic event!

STOCK MARKET CRASH / BEAR INDICATOR TRIGGERED - 103.4% vs 100% = Switched ON!

What is the CI18?
CI18 Trigger Feb 2020
Existing Stock Market Trend Forecast
Stock Market VIX
Stock Market December Trend
OMICRON THE STRAW THAT BROKE THE CAMELS BACK!
MUTED SANTA RALLY
The Alibaba Stock Market
ARKK Garbage
Stocks Bear Market of 2022 May Have Started EARLY!
Facebook $301 Buying level achieved.
Recession 2022
Quantum AI Tech Stocks Portfolio
Crypto FLASH CRASH Early Christmas Present

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $4 per. https://www.patreon.com/Nadeem_Walayat.

My analysis schedule includes:

Stock Market Trend Forecast 2022
UK House Prices Trend Analysis, including an update for the US and a quick look at Canada and China - 65% done
How to Get Rich! - 90% done - This is a good 6 month work in progress nearing completion.

US Dollar and British Pound analysis
Gold Price Trend Analysis - 10%

Again for immediate access to all my work do consider becoming a Patron by supporting my work for just $4 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your metaverse invested analyst.

Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 35 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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