How did I make money in the cryptocurrency world? It can actually be summarized in four words: Information Asymmetry + Execution Ability.
1. Survive first, then talk about making money
When I first entered the cryptocurrency world, like many newcomers, I chased trends, heavily invested in altcoins, and frequently swapped coins, resulting in significant losses. Later, I realized—risk management is more important than profit. The most basic principles are:
Do not borrow money to trade cryptocurrencies;
Control your position, do not go all-in;
Set profit and loss limits to avoid emotional trading.
2. Build an advantage with "Information Asymmetry"
Information asymmetry comes from several aspects:
Pay attention to project updates, on-chain data, and Twitter communities in real time;
Track influential figures and capital flows, especially some large on-chain whale addresses;
Timely interpret policies and the impact of the macroeconomy on the crypto market.
3. Trade with the trend, do not be a contrarian hero
Many people love to "buy the dip," but I prefer to "go with the trend."
Participate in mainstream coins and quality altcoins only after Bitcoin establishes a trend;
Go long in a bull market, go short in a bear market, and observe or arbitrage lightly during consolidation;
Enter the market only after confirming key levels to reduce trial and error costs.
Behind this is actually the rhythm of "fund rotation" and "market sentiment" judgment.
4. Besides trading cryptocurrencies, also earn "structural money"
In the cryptocurrency world, making money is not just about trading:
Participate in airdrops: Early participation in projects like Starknet and ZKsync may yield thousands of dollars;
Invest in early projects: Participating in private placements or community rounds can sometimes yield extremely high multiples;
Monetize content or strategy services: Build influence through writing, sharing analysis, creating tools, publishing research reports, etc., which can also be monetized;
Operate nodes and staking: Participating in the operation of nodes in PoS networks or early staking can also provide stable income.
To summarize:
There are no "shortcuts" to making money in the cryptocurrency world, but there are "methodologies." Controlling risk, enhancing awareness, utilizing information asymmetry, and trading with the trend are the keys to long-term stable profits. If you're still frequently losing money and don't understand the market, why not slow down, build a system that suits you, and then decide how to exert effort?
Strong recovery, asset doubling! Stay nostalgic, lay out in advance, and easily reap big profits.
Stay tuned: SPK SYN
