To be honest, making money in this market isn't easy lately. The most important thing now is to lower expectations; don’t think about getting rich quickly. Being able to stay steady is already a win.

Chasing rewards, flipping at level one and level two, just doesn’t seem as appealing as before. The truth is simple: the market has cooled down, emotional premiums have been suppressed, bubbles have burst, and naturally, there’s less meat on the table. Looking back, which large airdrops from the past few years didn’t emerge from bear markets? APT, ARB—most people didn’t care back then, but what about now? So, bear markets can uncover opportunities, but it requires patience and steadiness.

Chasing rewards is essentially a level one investment without a contract. You are betting on the future of the project party, and what about them? They are betting on whether they can exchange airdrops for real users and data. Therefore, this has never been a guaranteed win; getting burned is often the norm. If a bull market surges too aggressively, it’s you who falls into the pit.

That said, there are still opportunities. Some slower airdrops and potential projects during a market downturn can still yield some gains. The key is not to be too greedy; take your profits when you can, and don’t think about hitting it big all at once. The most feared thing in a bear market is impulsiveness; blindly going all in will only get you out of the game prematurely.

As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Are you interested in the crypto space but don’t know where to start? Click on my profile picture to see the introduction to Zhuye, and let’s witness the moment of miracles together.