To put it bluntly: similar to Bitcoin back in the day, or the 'shitcoins' from last year, those projects that can skyrocket by tens of thousands of times in half a year or a year are extremely rare. The number of people who can seize such opportunities is very few. Even if you manage to buy in, the daily fluctuations can make your heart race and keep you awake at night; those who can hold on and make big money are just a handful.
Thus, investing in the crypto space must be with spare money. If you gamble with money for living or family, you may lose money and affect your life, which is not worth the risk.
1. Relying on a bull market to turn around? It's difficult with too little capital.
In a bull market, it's not uncommon to see coins that increase by seven or eight times, or even dozens of times. But if you only have one or two thousand, or even ten thousand as capital, even when encountering opportunities to make 10 or 20 times, you will only earn a few hundred thousand in the end. While that's not a small amount, it's still not enough for 'financial freedom'.
So, if your capital is limited, the first step is to quickly earn your first bucket of gold.
2. Where does the first bucket of gold come from? Airdropping.
The value of airdrops lies in: small bets for big returns, or even zero cost. The classic example is Uniswap in 2020.
That year, Uniswap, as the first truly decentralized exchange, airdropped 400 UNI to all users who interacted before August 31. At its peak, this wave of benefits was worth over 40,000 RMB. This was the true 'participant bonus' in the crypto world, which also marked the beginning of the 'airdrop' era.
In the following two years, projects like DYDX, ENS, Nation, and lon successively offered valuable airdrops.
I have a friend who has almost not missed any major projects; even when selling at times when the price wasn't the highest, he managed to earn over four hundred thousand in two years.
3. The logic of airdropping.
Airdropping is actually very simple:
Contribute to the project with minimal cost (Gas fees, transaction fees);
The project team encourages users by distributing token rewards;
Some airdrops are worth thousands or even tens of thousands of dollars, and some even give away a complete house.
Of course, not every project can make big money:
Some projects don't have airdrops;
Some give, but the amount is very small;
Some even lose money (the money you spent is higher than the value of the airdrop).
The key is: track market trends and not miss potential projects.
4. The path from one thousand to one million.
In simple terms, leveraging small amounts of money for large amounts; the easiest way to get your first bucket of gold is through airdropping.
In one or two years, as long as you catch two or three 'big projects', your capital might directly step up.
With the first bucket of gold, combined with the bull market, you can lay out spot positions, do swing trading, and participate in hot tracks; at this time, the speed of doubling will become faster and faster.
