When I first entered the cryptocurrency world, I thought 5000 yuan was too little, not even enough to make a splash. Later I realized that there are ways to play with a lot of money and ways to play with a little money. Those old hands who casually say "don’t play unless you have a hundred thousand" are either scared from their own losses or just don’t want you to get a piece of the pie.
Airdrops seem like free money falling from the sky, but it’s actually a technical job. Many people either don't know at all or, even if they do, can't execute it. Those who can really make money from airdrops are the ones who research the rules and operate in bulk. Treat gas fees like buying a lottery ticket; if you hit once, you break even. But remember, don’t just focus on those small projects; look for ones that are strong and have momentum. Although competition is fierce, at least you won't be working in vain.
Contract trading is indeed thrilling, but never treat it like a casino. Use a small amount of money to practice; if you make a profit, run, and if you incur a loss, accept it. I've seen too many people start making a bit of money and then get carried away, ultimately losing both their capital and profits back. The safest bet is still to hoard coins with low leverage; although it’s slow to profit, at least you’ll live to see a bull market. As for those who casually open 100x leverage, consider it as giving money to the exchange; you must be willing to take the loss.
Small coins do have opportunities, but the risks are even greater. Don’t be fooled by those stories of coins doubling in a day; most meme coins end up as a mess. If you really want to play, look for those with a real community and financial backing; make quick entries and exits, and don’t think about long-term holding. Remember, if it drops, don’t rush to average down; first check if there’s a problem with the project itself.
The most ironic thing in the cryptocurrency world is that most people don’t lack opportunity but hesitate when they should act and are greedy when they should stop. When the market is rising, they are afraid to follow, and when it drops, they stubbornly hold on, ultimately becoming fodder for the market. The key to making money is not predicting the market but controlling yourself. 5000 yuan isn’t much, but if used well, it can at least teach you how to survive in this market.