To be honest, in the past two years, many people around me have been asking one question:
‘Do you think there’s still money to be made in the crypto world? I missed the boat before; is there still a chance now?’
My answer might disappoint some people, but it’s very real—most people really cannot make money.
Have you ever had a similar experience?
Trading spot, trapped at the mountain top; playing contracts, blowing up twice in a few days; chasing level one, and the project goes to zero as soon as it goes live.
In the end, you doubt life, not understanding whether the crypto world has changed or if you are just not suited for it.
Actually, you are not wrong; the problem is that you don’t really understand the 'underlying rules' of this game in the crypto world.
01| Three ways to make money in the crypto world: the path you choose is inherently difficult.
To put it bluntly, there are only three ways to make money in the crypto world:
Spot trading: buy and hold, wait for the bull market to rise before selling.
Contracts: high leverage bets on short-term fluctuations; if you bet right, you gain a lot, but if you bet wrong, you go to zero.
Primary market: early participation, reaping dividends, even doubling before going live.
Have you thought carefully about which path you are on?
Many people entered the market through spot trading. At first, they might really make some small profits, but later when the market turns, they end up trapped for three years.
What about contracts? To be honest, that's a high-risk area for retail investors. The vast majority of people make some profit, then come back for several times or even ten times, but eventually still blow up and exit.
As for level one, many people don’t even understand how to play and end up buying a token blindly, ultimately getting pulled into a Ponzi scheme.
To summarize: you are not unintelligent, you just took the wrong path.
02| Why do you always struggle to make money?
To put it bluntly, the cryptocurrency market is a zero-sum game.
Every penny you earn has someone behind it who has lost it.
To put it bluntly, the crypto world is a zero-sum game.
Every penny has a person behind it who has lost it.
So, do you think retail investors can win against institutional investors?
What’s even more heart-wrenching is: it’s not that the coins are bad, it's that the people are.
This may not sound pleasant, but it’s the truth.
You stare at the K-line every day, watching the market for ten hours, with analysts in the group who are more accurate than each other. But do you truly understand?
Have you ever systematically studied the basic knowledge of blockchain?
Do you understand Tokenomics?
Can you understand open-source code?
Do you know how the liquidity mechanism of DEX works?
To be frank, many people’s understanding of the crypto world still stays at 'Is there a big influencer backing it?' 'Is there an airdrop?' 'Can it multiply tenfold overnight?'
And you still want to make money steadily? That’s truly naive.
03 | In the crypto world, there is an 80% chance you are a retail investor; this is not an exaggeration.
Some people say, 'The wealth code in the crypto world is Bitcoin.'
The problem is: if BTC rises from a few thousand to over a hundred thousand again, can you really seize the opportunity?
The answer is: not necessarily.
Because you have not established a correct cognitive system.
Before each bull market comes, retail investors are still asleep.
When the bull market starts, they begin to watch.
After doubling, you can't help but rush in.
As a result, it peaked and I was buried for three years.
You think you missed an opportunity, but what you lack is cognition.
To put it bluntly, you think the crypto world is a place for speculation, but in fact, it’s more like an arena of cognition and information.
04 The only way out for ordinary people is actually the primary market.
You may ask, is there still a chance for ordinary people to turn their fortunes around?
Yes, and there is only one direction—the primary market.
What does level one mean? It means participating when the project is just starting, or getting involved before it goes live on exchanges, such as whitelist, private placement, pre-sale, testnet incentives, and node elections.
But be careful—level one is not random gambling.
Not every level one project can double your investment. 90% of level one projects are garbage.
The key is: can you understand the project and differentiate its quality?
I’m Xiao O, a professional analyst and teacher, a mentor and friend on your investment journey! As an analyst, the most basic thing is to help everyone make money. I will help you solve confusion and stuck positions, speaking with strength. When you are lost and don’t know what to do, follow Xiao O, and I will guide you.