"Three years ago, I bought SHIB for 5,000 yuan, and now I have tens of millions!"
"All-in on contracts and liquidation, starting from scratch with a debt of one million..."
The crypto world is never short of wealth-building legends, but it is also filled with traps that leave people with nothing. As ordinary people without insider knowledge and lacking capital, how can we survive in this wealth game? This article combines real cases to reveal the only feasible path for ordinary people to turn around, avoiding the pitfalls that 99% of people have stepped into.
I. Comparison of three money-making models: Choosing the right track is more important than hard work
1. Spot investment: The 'survival bottom line' for ordinary people
Core Logic: Buy quality assets at low prices, exchange time for space (hold for 1-3 years).
Advantages: Risk is controllable (will not be liquidated to zero), no need to monitor the market (does not affect the main job).
Successful Cases:
In 2019, dollar-cost averaging into BTC ($3,000 → $100,000 in 2024), yielding 33 times;
In 2023, bought SOL in the bear market ($10 → $200 in 2024), yielding 20 times.
Operational Principles:
✅ Only buy the top 20 mainstream coins by market cap (BTC/ETH/SOL, etc.);
✅ Dollar-cost averaging instead of All-in (invest 5%-10% of monthly salary gradually).
2. Contract trading: 99% of people are in the 'wealth crusher'
Brutal Truth:
Exchange data: 95% of contract users lose money within three months, 98% of liquidated individuals die due to leverage over 20 times;
Only two types of people are suitable: professional traders (average of 8 hours of research per day +) and those willing to lose all three accounts as tuition.
Warning Case: In 2024, a newcomer used 10x leverage to go long on ETH, and after a drop of 8%, they were liquidated, losing 50,000 yuan in principal overnight.
3. Collect airdrops / New investments: 'Cognitive arbitrage' with zero principal
2024 Real Dividends:
Starknet Airdrop: Early interaction users earned an average of $50,000;
EigenLayer Airdrop: Some addresses received $20,000.
Operation Guide:
✅ Focus on top projects (Layer2/DeFi/Restaking);
✅ Low-cost trial and error: only need time + a small amount of Gas fee (about 500 yuan).
II. Three phases for ordinary people to turn around: from 10,000 to 1 million crossover
Phase 1: Accumulate capital (10,000 → 100,000)
Core Strategy: Low risk + strong execution.
Spot dollar-cost averaging: Invest 500-2000 yuan monthly into BTC, accumulating 1-3 coins in a year (at current prices);
Airdrop dividends: Participate in 3-5 high-certainty project interactions (e.g., EigenLayer Phase Two), expecting earnings of 30,000-80,000 yuan.
Phase 2: Capture the bull market (100,000 → 1 million)
Key Action:
Bear Market Bottom Fishing: In 2023, positioned in ORDI ($0.3 → $60 in 2024), with 200x returns;
Bull Market Rotation: Heavily invest in mainstream coins in the early stages, and allocate to hot altcoins (like AI/MEME sectors) in the mid to late stages.
Phase 3: Preserve wealth (1 million +)
Survival Rules:
Asset Diversion: 50% to withdraw for buying a house / wealth management (e.g., convert to real assets after the bull market in 2024);
Long-term holding: Convert the remaining 50% into BTC/ETH, crossing bull and bear cycles.
III. Five major pitfalls to avoid: 99% of losses stem from these five mistakes
Superstitious about thousandfold altcoins
❌ 99% of small coins go to zero (e.g., 90% MEME coins delisted in 2023);
✅ Focus on 'high anti-drawdown + active ecosystem' assets (e.g., ETH/SOL).All-in leverage contracts
❌ 100x leverage = 1% volatility leads to liquidation;
✅ Small funds should not be touched firmly, large funds leverage ≤ 5 times.Blindly following 'leading experts'
❌ 99% of leading groups are tools for market makers to attract liquidity;
✅ Only trust on-chain data (e.g., Glassnode whale movements).Frequent trading depletes capital
❌ Fees + slippage cause annual losses of 30%;
✅ Trade ≤ 2 times a week, replacing subjective operations with 'dollar-cost averaging + grid trading'.Gambling with key funds
❌ Borrowing / credit card investment = suicide (over 200,000 people went into debt due to liquidation in 2022);
✅ Only use 'money that won't affect life if lost' (suggest ≤ 20% of annual income).
IV. Take immediate action: 30-day startup plan for newcomers
First week:
Register on Binance / OKX, complete KYC (qualify for offshore investment);
Set up automatic monthly dollar-cost averaging of 500 yuan into BTC (starting 'time leverage').
Second to fourth week:
Learn for 30 minutes every day: Follow Twitter influencers (e.g., @CoinGecko, @V God);
Join free quality communities (e.g., Binance official Telegram group), avoiding paid groups that exploit newbies.
Long-term preparation:
Record trading logs, analyze win rates (avoid repeated mistakes);
Wait for the bear market signal in 2026, plan to bottom fish mainstream coins.
As the market continues to change, we need to closely monitor market signals and seize new entry opportunities. Like + comment, let's traverse the bull market together and seize this great opportunity!