If you want to truly make money in the cryptocurrency world, don't listen to fairy tales about getting rich overnight. What does it really take to make money in the crypto space?
In my opinion, there are 3 types of people and 3 ways to make money in crypto. Which one are you?
First type: Newbie, little capital, knows nothing.
If you can't even tell Bitcoin from Ethereum, don't think about mythical hundred-fold returns; first, learn not to lose money. Honestly invest in BTC, ETH, BNB; you won't make a lot, but you'll outperform 90% of disorganized newbies.
Remember, in the newbie phase, not losing is making money.
Second type: Seasoned investor, small capital but knowledgeable.
You know which sectors are hot, can understand project logic, and have a grasp of human FOMO psychology. At this point, your rule is "buy new, not old," focus on low market cap potential coins, and wait for the wind to come.
But remember, you might only need to get it right once to turn things around.
Third type: Medium capital, somewhat knowledgeable.
Know a bit about everything, but not in-depth? Then go with "large positions in mainstream coins, small positions in trending topics." Allocate 80% of your capital to hard currencies like BTC, ETH, and 20% to chase new narratives (like RWA, AI, MEME). Don't go wild when you make money, and don't panic when you lose.
