In the cryptocurrency world, you can hear various myths of getting rich every day: someone became wealthy overnight, someone made a class leap by investing in a dog coin. It seems that everyone in the crypto space has a unique secret, and the successful ones talk grandly, but are these methods really suitable for ordinary people? Just because a method is advanced doesn't mean it's correct. Are there simple and easy-to-operate ways to make money that can withstand the test of time? Don't worry, this article carefully sorts out several low-threshold, operable ways to make money for ordinary investors.
1. Long-Term Holding (HODL): Let Time Be Your Wealth Catalyst
Long-term holding is an investment strategy that 'exchanges time for value', especially suitable for highly volatile markets like Bitcoin. However, if you don't grasp the cyclical patterns well, it's easy to be thrown off the ride in the middle of a bull market and panic-sell at the bottom of a bear market. As mentioned earlier (keep buying as it falls or stop-loss and exit), the key difference between long-term and short-term investing is that the former sacrifices time and operation frequency for a higher win rate. As long as the blockchain industry exists, resources will gradually concentrate at the top, and Bitcoin is that 'top star'.
Imagine, as long as you can steadily ride on the 'wealth train' of Bitcoin, you are doing a long-term right thing; time will, like a magician, take you to new heights of wealth through the effect of compound interest.
There's an interesting principle here: the total supply of Bitcoin is fixed, which belongs to stock competition. For example, it's like a 'mayoral election'; if you own one more Bitcoin, it means someone else in the world has one less. When an asset is desired by everyone, its total supply is limited, and money in the world continues to be printed, this creates excellent conditions for Bitcoin's long-term rise. Moreover, Bitcoin halves every four years, reducing the selling pressure from miners, and now many large mining farms in North America simply do not sell the coins they mine. In a market with only buyers and few sellers, can there be any result other than continuous rise?
Therefore, as long as you choose mainstream coins like BTC that have long-term upward potential, ignore short-term fluctuations, and put the coins into a cold wallet, long-term holders hardly need to perform complex operations and can rely on time to achieve considerable annualized returns.
2. Dollar-Cost Averaging: The 'Sure-Win Treasure' for Beginners
Dollar-cost averaging is an excellent method for beginners. It has two significant advantages.
First, it can make your mindset extremely calm. When you first start investing, even if the market crashes, you won’t panic because you still have a large portion of your funds uninvested, and you might even feel a bit excited, thinking that the remaining money can buy more cheap coins.
Secondly, you will definitely have a portion of your funds that can buy at the market's bottom. That is to say, at the lowest point, you will definitely have a position, and this position is likely to achieve a 3 - 5 times return in a bull market. Take Ethereum, which hasn’t performed very well this year, for example; according to the dollar-cost averaging strategy, you can at least achieve around 100% profit now, which is much easier than going all in when the price was 1500, and the pain level is significantly lower.
3. Infinite Grid: The 'Printing Machine' in Volatile Markets
Infinite grid is a grid strategy implemented over a wide range. For example, set the price range of Bitcoin between 30,000 and 300,000, sell when it rises by 100, and buy when it drops by 100, thus eating all the price fluctuations and ignoring trend movements. This is somewhat similar to a market maker strategy that provides liquidity to the market.
The infinite grid strategy has no stop-loss and no take-profit; it continuously operates within the set range. As long as the market fluctuates, you can make money, and the psychological pressure is minimal. Running this strategy for four years, a 100% return is basically assured, and the key is peace of mind and effortlessness, without being tormented by market fluctuations.
4. POW Mining: The 'Counterattack Opportunity' for Retail Investors
What is being referred to here is not Bitcoin mining; Bitcoin mining has now been monopolized by consortiums and is basically irrelevant to retail investors. Even if you have an ultra-low electricity price of four cents, it will take 48 - 60 months to break even, and by the time you break even, the mining machine may have already been scrapped.
However, there is now a magical coin that may bring opportunities to retail investors, with a basic return of 400% in coin terms over four years. In the crypto space, there’s a saying that is very vivid: 'Making money in the crypto space is easier than breathing, but earning coins is harder than eating X.' We often hear about someone making ten times their money with Bitcoin, but we rarely hear about someone turning 100 coins into 1000 coins in a single cycle. Ensuring that 100 coins do not decrease is already a feat among the best.
The above are four 'lazy person' money-making methods in the crypto world, simple and mindless, requiring no high intelligence and no need to spend a lot of time. More importantly, these methods allow you to maintain a calm mindset, without being tormented by the daily ups and downs of the market. Using these methods, 80% of your life will be filled with happiness; if you keep staring at the market, you might spend 80% of your time in pain.
I hope these methods can point you in the right direction for action. Finally, a reminder: if your returns in this bull market are still below 100%, or if you are still losing money, it indicates that there is still a certain gap between your understanding of the crypto space and the real world. You might as well join my community to gain more in-depth analysis, learn top theories in the crypto space, and practice strategies together with like-minded partners to achieve wealth growth in the crypto space!
