What is the most genuine approach in the cryptocurrency space?
If you want to make big money in cryptocurrency, the first option is to have a large amount of capital. If you hold onto Bitcoin, you can still make a lot of money. Bitcoin rose from 17,000 to a peak of 100,000, which is several times the investment. In just a few years, it has multiplied so much; this is already considered a ceiling in real-world returns.
Secondly, if you don’t have a large principal but you understand on-chain science, you can also make quick gains because the initial opportunities all start on-chain.
Thirdly, if you don’t have a large principal and don’t understand on-chain, then you should understand the fundamentals and K-lines; trading spot can also yield substantial returns. If you buy in when the market just starts to jump after the accumulation phase, you will also receive substantial profits.
If you don’t have any of the above and only have a small amount of capital, then you can pay attention to some primary market projects to seize the opportunity. For example, initially getting into Sol at a price of 0.5, which rose to over 200, or last round’s FIL at 0.5 – those who got in on the primary market made profits. For instance, in this round, TIA at 0.5 rose to a peak of 20 dollars, and IP at 0.2 also peaked at 8 dollars, along with many primary market projects yielding substantial profits.
This requires being part of a good community because retail investors are too small to connect with institutions. Generally, it is the community that connects with institutions, and then everyone can get on board together; such opportunities are more abundant. Therefore, the most important thing in the cryptocurrency space is to choose your track wisely, but newcomers should avoid leverage and contracts.
As the saying goes, bulls have their strategies, and bears have their ways of playing.
They won’t lead fans to liquidation, nor will they blindly open trades.
It’s all about seeking victory steadily, taking firm steps. Those who want to profit, keep up!
