In this article, I will share in detail several core ways I make money in the crypto space, including:
1. Spot investment: How to select coins, accumulate coins, and earn long-term profits.
2. Contract trading: High-risk strategies behind high returns.
3. NFTs and Meme coins: How to seize short-term wealth opportunities.
Finally, I will also summarize my loss lessons to help everyone avoid pitfalls.
1. Spot investment: Long-term accumulation of coins to earn trend bonuses.
1. Why is spot trading the safest way for ordinary people to make money?
• Low risk: As long as the right assets are chosen, in the long run, mainstream coins like Bitcoin and Ethereum will definitely rise.
• Worry-free: No need to monitor the market, suitable for office workers.
• Compound interest effect: During bull markets, mainstream coins usually increase by more than 5-10 times.
2. My spot investment strategy
(1) Only buy coins that have been validated over time.
• BTC, ETH: Make up 70% of my spot position, hold long-term.
• SOL, AVAX, BNB: Leading public chain coins, perform strongly in bull markets.
• AI, Depin, RWA tracks: Choose tokens with actual applications (like RNDR, TAO).
(2) Combined dollar-cost averaging and swing trading.
• Dollar-cost averaging in bear markets: Buy fixed amounts monthly when Bitcoin is below 50% of the previous high.
• Selling in batches in bull markets: Sell a portion every 20% increase after Bitcoin breaks historical highs.
(3) Utilize exchange wealth management for passive income.
• Binance's flexible/fixed wealth management (annualized 3-10%).
• ETH staking, annualized 4-6%.
Spot profit case:
• Bought ETH in 2020 (400), sold part in 2021 (400), sold part in 2021 (4000), 10 times profit.
• Bought SOL in 2023 (20), sold part in 2024 (20), sold part in 2024 (200), 10 times profit.
2. Contract trading: High returns, but high risk.
1. I only use contracts under specific market conditions.
• Trend market: For example, when Bitcoin breaks key resistance, go long (3-5x leverage).
• Reverse operation during extreme fear/greed: For example, catch the bottom after market FUD (fear) drops sharply.
2. My contract risk control rules.
• Leverage ≤ 5x: High leverage (above 10x) is deadly.
• Stop-loss is a must: Single loss should not exceed 5% of principal.
• Infrequent trading: a maximum of 1-2 trades per day, avoiding emotional operations.
Contract profit case:
• In March 2023, Bitcoin rebounded from $20k, making a long position with 5x leverage, earning 80%.
• In January 2024, BTC ETF was approved, making a long position, earning 50%.
Lessons from liquidation:
• In 2022, when LUNA collapsed, attempted to catch the bottom, liquidated with 100x leverage.
• In September 2023, overtrading led to continuous stop-losses resulting in a 30% drawdown of principal.
Conclusion: Contracts can make money, but must be extremely disciplined, otherwise it’s just giving money to exchanges.
3. NFTs and Meme Coins: High risk, high reward gameplay
1. NFT investment strategy
• Only buy blue-chip NFTs: such as BAYC, Pudgy Penguins.
• Free Mint ambush: Focus on potential new projects.
Successful cases:
• In 2021, minted an NFT for free, later sold for 2 ETH.
• In 2023, bought Pandora (ERC404 concept), increased 10 times.
2. Meme coin speculation
• Only play early: Buy before listing on DEX (Uniswap).
• Quick in and out: Meme coins are highly volatile, cannot hold for long.
Successful cases:
• In 2023, bought PEPE and made 5 times profit.
• In 2024, bought WIF and made 8 times profit.
Failure lessons:
• More meme coins eventually go to zero, must strictly stop-loss.
How to continue making money in the crypto space?
1. Focus on spot: Hold core assets like BTC, ETH for the long term.
2. Be cautious with contracts: Low leverage + strict stop-loss.
3. Airdrop arbitrage: Zero-cost money-making, accumulating little by little.
4. Avoid junk coins: 90% of altcoins are scams.
5. Continuous learning: The crypto space changes rapidly, must follow new opportunities (such as RWA, AI, Depin).
