Over the last few weeks, we’ve been keeping close tabs on LooksRare (LOOKS) as we wait for the perfect time to strike.

Between its industry-disrupting NFT (non-fungible token) platform and eye-popping staking rewards (511.73%, as of this writing), this cryptocurrency definitely deserves a spot on your moneymaking watchlist.

But I haven’t called it a “buy” just yet…

Instead, we’ve been waiting for a catalyst to send LOOKS straight into buying territory this week as we approach February 10, which is the deadline when LOOKS plans to cut its staking rewards.

We’re in that sweet spot now.

If I’m right, this deadline will trigger a panic sell-off that could put the LOOKS price below $3 as all the idiots (excuse my language) dump their tokens because they don’t know what we know.

And that’s how to use game theory to maximize profits from LOOKS.

Game theory is the process of modeling the strategic interaction between two or more players in a situation containing set rules and outcomes. While used in a number of disciplines, game theory is most notably used as a tool within the study of economics. The economic application of game theory can be a valuable tool to aid in the fundamental analysis of industries, sectors, and any strategic interaction between two or more firms. (Definition courtesy of Investopedia.)

I’ll explain more on game theory and how it applies to our LOOKS strategy in just a moment so you can play this the smart way.

Because the deadline is looming – and right now, the LOOKS price is flirting with that $3 mark, just like I said it would:

Source: CoinMarketCap.com

I want you to watch this crypto closely so you can make your move on LOOKS at the right price, if you so choose.

But I also want you to understand why and how we’re using game theory to inform our LOOKS buying strategy so you can be smarter than those other investors and come out on top.

Heck, even if you don’t think you want to invest in LOOKS, game theory is critical for all our Alternative Wealth Daily members to understand because it can be applied to any of your crypto investments.

Before the February 10 deadline, let me show you how you can use game theory to maximize your profits from LOOKS, as well as what you need to watch for over the next 24 hours so you can act on this buying opportunity…

If you want to skip ahead – even though I would not recommend it – I share the specifics of my LOOKS profit play at the 23:11 mark:

Remember: $3 or under is my target entry price for LOOKS, even if we have to wait until after February 10 to strike.

Until next time,


Nick Black
Chief Crypto Strategist, Alternative Wealth Daily

P.S. This week, paid-up Alternative Wealth Network subscribers will be receiving a brand-new buy recommendation for one of my favorite cryptos. There’s still time to make sure you’re among the first to get the trade alert straight to your inbox – all you have to do is go here now to learn how to join. Then, you can look forward to new crypto profit plays every month as an exclusive perk for Alternative Wealth Network members.

Up Next: How to Stake LOOKS with a New Strategy for Maximizing Your Returns

Comments

4 responses to “Use Game Theory to Boost Your LOOKS Profits Ahead of the February 10 Deadline (Here’s How)”

  4. Hi Nick – Could you please post an update on LOOKS in terms of recommendations? Is it still a buy given its 80% drop in price and reduction in return/APR from 700% to about 200%? Thanks!

    Reply

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