Check out my portfolio distribution, and feel free to follow! Can you still make money in the crypto world? Of course you can.

What shouldn't be done:

First, don't get addicted to frequent trading and swing trading. It seems like you're relying on skills, but in reality, you're just contributing fees to the exchange.

Second, don't rely on contracts to turn around your situation. High leverage is essentially gambling, and liquidation is just a matter of time.

Third, don't put all your wealth into meme coins or 'hundred times coins'. You can participate, but only invest up to 10% of your total funds for experimentation.

These actions can't be said to be completely wrong, but they should never be the main strategy. They rely on luck, not on a system.

Current actions:

Participating in some small on-chain activities, arbitrage opportunities, airdrops, node staking, etc.

Although the profits are not high, they are stable. The money earned will be converted to BTC; even if it rises slowly, the trend is clear and it's more suitable as a base asset.

This approach requires time to materialize. I've set myself an 8-year cycle.

The first cycle focuses on learning and accumulation. It's okay to earn a little less, but you must understand the underlying logic and operational rhythm of the industry.

The second cycle, when the principal reaches a few hundred thousand, will focus heavily on areas I am good at: new projects, short selling, arbitrage, and activity flipping. At this point, even if I only make a few dozen U every day, the accumulation will still be considerable.

If you can achieve three times your earnings in two bull markets, a principal of 300,000 could turn into 1 million. Moreover, this rhythm is a more certain and lower-risk approach.

Of course, if your goals are bigger and you want to take a gamble, you need to learn to hit the right hot spots:

If AI is coming, focus on AI.

If memes are hot, focus on memes.

But always remember: once a hot spot is confirmed to be overheated and too much capital enters, it's time to withdraw.

Market cap determines your profit potential.

If you want to earn 10 times, it's best to choose projects with a market cap below 100 million.

If you want to earn 30 times, look for those below 20 million.

If you want to earn 100 times or 300 times, you must choose early-stage projects with market caps controlled under a few million.

Because the market cap limits of mainstream coins are generally between 1 billion to 2 billion. If you chase a hot coin that's already at a 2 billion market cap, to put it bluntly, it’s no longer your turn to benefit.

Don't fantasize about getting rich overnight, and don't expect to turn your situation around with one big hit.

What you need to do is accumulate certain profits and avoid high-risk traps.

A bull market can indeed make people money, but the prerequisite is that you can survive until the bull market truly starts.

In the long run, doing the right things and seizing two bull markets is much more reliable than gambling on one opportunity.