Do beginners have a chance to get rich in the crypto circle? Reflections and reconstruction suggestions from a three-time margin caller
‘I have been in the crypto circle for ten years, had assets over ten million three times, and went to zero three times during bull-bear transitions. If you are a beginner and want to get rich in the crypto circle, I want to tell you: there is a chance, but you won’t last.’ — I, a ten-year veteran in the crypto circle, share my true confession.
1. Why are we always attracted to the ‘myth of getting rich quickly’?
What is the biggest attraction of the crypto circle? It’s not technology, finance, or ideology, but the ‘possibility of getting rich quickly’
You can casually scroll through Twitter, Xiaohongshu, Douyin, and see a screen full of:
‘Making 10 times overnight with meme coins’
‘Airdropping 10 ETH’
‘I made 5 million from 10,000 in the bull market’
Beginners enter the circle, see these stories, and feel as if they only need to place one correct bet to escape poverty and achieve financial freedom. But what you see is the result, not the path, risks, and the corpses.
I am one of them; I once held a market value of tens of millions through early investment in crowdfunding projects in 2017, and multiplied my investment dozens of times overnight with meme coins in 2021. But I also faced three margin calls, losing all profits and even principal, and ended up with over 500,000 in debt.
This is the reality: there are indeed opportunities to get rich in the crypto circle, but 99% of people can't last until that moment of realization and have already fallen.
2. From my ten years of experience: the ‘possibility’ of getting rich vs. ‘probability’
1. The possibility exists
In the crypto circle, you can see all kinds of ‘ridiculous miracles’:
In 2013, Bitcoin rose from hundreds to ten thousand.
In 2017, crowdfunding projects skyrocketed by hundreds of times.
In 2021, meme coins surged twenty-fold in one day.
In 2023, inscriptions, airdrops, MEV arbitrage, and NFT track celebrations.
In 2024, Friend.Tech and Blast airdrops, many beginners earned thousands of dollars at zero cost.
Even today, a discerning beginner can achieve dozens of times asset growth within six months through early investments, airdrop strategies, and short-term contracts.
2. But the probability is extremely low, even lower than winning the lottery.
The problem is: these people are just a very small number, even selected by algorithms to show you samples.
Most beginners are completely unable to deal with the following problems:
Chasing highs and lows, frequently changing positions, over-investing.
Lack of understanding of fundamentals, technicals, and money management.
Emotional trading, FOMO mentality, lack of a system.
Following big accounts, copying altcoins, fantasizing about overnight turnarounds.
The final outcome is: margin call + going to zero + exiting the crypto circle.
In my ten years, I have experienced three peaks in assets and returned to square one three times overnight. The core lesson is: getting rich is not about luck, but about structure.
3. What are the roots of beginners' failures in getting rich?
You think you are trading coins, but you are actually gambling with fate.
I have summarized the five major reasons for beginners' failure in getting rich:
1. No trading system, relying on ‘feelings’ for decisions.
Most people rely on ‘listening to news’, ‘watching trends’, ‘guessing the market’, without entry logic, stop-loss mechanisms, or money management, completely running naked.
2. Treat luck as skill, treat bull markets as normal.
When the bull market comes, everything rises, and beginners think they are geniuses; when the bear market arrives, they realize they understand nothing after losing everything.
3. Zero emotional management ability.
Panic when it falls, greed when it rises, impulsively opening positions, fantasizing about profits, regretting losses.
4. Fully invested, heavily invested, frequently changing positions.
Many people go all in right from the start; even if they make money initially, they will ultimately over-invest in the wrong position — I once heavily invested in a certain meme coin, going from +300% to -95%, still fantasizing about breaking even.
5. Lack of a real training path
KOLs in the crypto circle won’t tell you how to review trades, control emotions, or build systems; they only share results without providing paths.
4. The side hustle I am doing is the real solution for beginners to ‘get rich’
I no longer pursue ‘hitting it big once’; rather, I’m using ten years of margin call lessons to create a truly sustainable, replicable ‘anti-margin call execution system’ and use it to build my side hustle content closed loop.
This side hustle is called the ‘Reconstructor X Plan’.
It doesn’t rely on price fluctuations, insider information, but on the following three pillars:
1. Build a structured trading system
I have grown from a few hundred dollars to nearly two thousand dollars in principal, not relying on luck, but on the following five modules:
Trading signal checklist: MACD, Bollinger Bands, three consecutive up days, breakout judgment, and other standard signals
Position management template: fixed position, incremental building, profit-taking and stop-loss mechanism
Emotional control mechanism: daily emotional scoring, pre-trade questioning card
Daily review card: record daily trading behavior, results, reflections
Monthly review system: analyze the success rate and optimization points of one's own strategy
This system doesn’t guarantee my wealth, but it guarantees my ‘survival’, gradually accumulates funds, and avoids margin calls.
2. Build a long-term monetization path with side hustle content
I write content every day and publish it on platforms like Zhihu, Twitter, Notion, Mirror, etc., including:
Trade review
Reading notes
Reflection on margin calls
Trading system sharing
Airdrop opportunity analysis
Daily cognitive updates in the crypto circle
This content not only helps me grow and review but also gradually attracts the attention of ‘margin callers and those wanting to turn things around’.
I am building products like (Anti-Margin Call Execution System Notion Template), (Crypto Cognitive Growth Training Camp), (Turnaround Journal Template Pack), etc., and will monetize through platforms like Gumroad and Typedream in the future.
This is the real path for beginners to achieve stepwise growth through ‘ability + accumulation’.
3. Automated operations + low-cost replication.
I built an automated side hustle system with Coze, Notion, and ChatGPT that is equivalent to ‘one person equals one team’:
Automatically collect airdrop information
Automatically generate trading review templates
Automatically publish content to various platforms
Build a user community + accumulate cognitive assets
In the future, monetization can be achieved through subscriptions, courses, communities, and toolkits.
Its benefits are: low cost, replicable, sustainable, without relying on luck.
This is more stable and reliable than the ‘dream of getting rich quickly by meme coins’
5. So, can beginners really get rich?
I will answer in three levels:
1. Can it be done? — Yes! But you can't afford to gamble.
The crypto circle is the only field where retail investors can contend with capital and the only battlefield where ‘cognitive gaps’ can be violently realized.
But if you lack a system, experience, mindset, and cognition, then you are just here to donate money.
It's like a battlefield; ordinary people rush in with knives, only to find a dead end.
2. Is there an opportunity? — Yes! But not through all-in, but through compound interest.
Compound interest is the true ‘shortcut to getting rich’ for beginners. Even if you only earn 10% a month, it’s three times a year, and in three years, it’s over twenty times.
But this requires:
Strictly control drawdowns
Refuse emotional trading
Have a clear system and plan
Continuously learning and reviewing
3. What is the most stable way to do it? — Start with a systematic side hustle.
The safest path for beginners to get rich is not to go all in, but to first establish a side hustle system that creates a closed loop between content and trading:
Trade, record, and share simultaneously.
Use content to attract resonators and accumulate fans.
Create knowledge products for low-cost monetization.
Ultimately turn the side hustle into the main business and achieve a life of freedom.
This is what I am doing now and I wish to build it with you.
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