In this article, I will help you understand what I believe to be the turning point in the crypto circle in the simplest way possible:

The crypto circle can be understood as a financial market, and ordinary people cannot participate in the financial market, let alone expect a turnaround. Financial markets play with money making money. Ordinary people with tens of thousands or thousands entering the market either need to be lucky and hit a golden dog (a high-multiple primary market) before losing everything or use high-leverage contracts to increase their capital volume before losing everything. Therefore, when ordinary people enter, they are merely fueling capital institutions.

If you understand the crypto circle as a traditional financial market, you basically won't make money.

But if you really take the time to understand the knowledge in this emerging field, you will find that opportunities really exist and are highly operable.

The practical operations and operational logic are as follows:

Traditional financial markets can only obtain private placements through insider channels or other resources. Private placement, as the name suggests, is investing through your equity or funds before certain stocks are listed. This is completely aimed at institutions or high-net-worth individuals and has nothing to do with ordinary people.

Next, I will guide you to understand the logic of 'participating in private placement without spending money' in the crypto circle.

The crypto circle 'private placement' is different; the crypto circle refers to the visualization of web3 that we talk about. Its core is decentralization, which is manifested in specific things as the crypto circle community. This community is not the elderly community in your neighborhood but is made up of thousands of crypto users, consisting of various specific and detailed communities.

With a community, there must be governance. The traditional stock market governance method is through a board of directors, where various shareholders exercise various degrees of governance through the equity in their hands.

Why can ordinary people get involved in this governance? Because of the concept of decentralization, the governance scope of the web3 community is universal governance, meaning all community users have the right to govern. How to distribute this right to users? How to achieve true decentralization? The answer is to allocate a portion of tokens to the community, then community users will have voting governance rights. In recent years, all crypto projects will allocate a certain proportion of tokens to the community. As for how to distribute, that’s another story, but remember, all tokens have a certain proportion allocated to the community, so that decentralization is not just a facade.

The derived concept is the very popular 'airdrop' in recent years. Through your contributions to the community, whether it's chatting in the community every day to get titles or participating in project testing or applications. All your 'community behaviors' will be recorded by the project team, and then when the project develops and the tokens are realized, it will be time for rewards according to contributions.

Why do I say this is an opportunity for ordinary people? Because it does not require a lot of money to make money, nor does it require using high leverage to take positions that do not belong to them. Instead, it follows the concept of decentralization, finding some quality projects with high financing and high expectations to participate in. Through your labor and deep involvement, you can obtain your own 'private placement tokens.' Others need to buy them on exchanges and engage in price speculation, while you, my friend, have already obtained your share of 'governance voting rights' and community airdrops before the tokens are listed on exchanges.

At the same time, do not think that these 'private placement tokens' that come from nowhere are worthless. You must know that the crypto circle plays with financial bubbles; the bigger the bubble, the more prosperous everyone is. I have received multiple airdrops worth tens of thousands from a single address, and I even started a 'airdrop hunter studio' specifically for this, using a large number of addresses to discover various potential airdrop opportunities.

Only those who truly participate deeply in this track will understand why so many people are keen to explore a large number of unlisted projects, because the legend of getting rich is really around us, with concrete data and a large amount of token distribution happening every day in the crypto circle. What you need to do is find the projects you believe will distribute tokens to you and then use your time to leverage this bubble to obtain your own 'private placement tokens.'