Ordinary People Making 1 Million in Cryptocurrency: Rational Pathways and Risk Warnings

In the current environment of intensified capital monopoly, the cryptocurrency space has become a target for some individuals aiming for wealth reversal, but opportunities coexist with risks. For ordinary people, accumulating coins and airdrops are relatively feasible paths, but it is necessary to remain rational and cautious.

1. Accumulating Coins: A Long-Term Strategy for Stable Investment

Funds and Targets: Invest only with spare money, avoiding loans. Beginners should prioritize Bitcoin due to its high stability and recognition; a small amount of quality altcoins can be allocated, but Bitcoin should remain the primary focus. Stay away from high-risk temptations like “hundredfold coins” and “thousandfold coins.”

Operating Principles:

Fixed Investment: Prohibit all-in bets, enter in batches to avoid the risk of sharp declines.

Mindset Management: Once bought, do not blindly pursue bottom-fishing or top-selling, reduce time spent watching the market.

Diversified Allocation: Besides Bitcoin, diversify investments in leading projects across different sectors to lower risk.

Preserving Capital First: Withdraw principal when making profits to ensure the safety of foundational funds.

Long-Term Holding: Firmly hold valuable coins, unaffected by short-term fluctuations.

Resist Impulses: Uninstall trading software to avoid chasing highs and selling lows.

Strict Risk Control: Adhere to investing idle funds, reject gambling.

Timing Selection: In bear markets, build positions in batches during major drops; in bull markets, sell in batches to avoid chasing highs.

2. Airdrops: Low-Cost, High-Risk Opportunities

Airdrops are a way for project parties to distribute tokens for free to attract users, suitable for investors with limited funds, but face risks such as project collapse, token zeroing, and fraud. If a quality project is identified, returns can be substantial.

Classic Cases:

Uniswap: Airdropped UNI to early users in 2020, leading to significant profits for some users.

Notcoin: Airdropped through the Telegram mini-game “Click Mining,” suitable for newcomers with ample time.

Optimism: Airdropped OP tokens to active users on the mainnet, with significant returns for early participants.

Bored Ape Yacht Club: Airdropped mutated serum to NFT holders, enhancing asset value.

Participation Methods:

Follow platforms like defilama, DappRadar, and project official communities for information.

3. Risk Warnings

The cryptocurrency market is highly volatile and full of uncertainties. Ordinary people should recognize reality and invest rationally.

Transforming small funds into significant value requires opportunities and patience; do not harbor fantasies of sudden wealth.

No investment can guarantee profits; ensure proper risk assessment and avoid blindly following trends.

- Protect personal asset information and be wary of various investment traps.