Every day, when I open my private messages, there are always a few urgent inquiries: 'How can I make money in the crypto world?' This question is like a mirror, reflecting each person's desire for wealth and revealing the harsh truth of the market.
Over the past few years, I went from losing 30,000 to gradually finding a way; the pitfalls I stepped into and the paths I tried might give you some tangible answers.
First, let's break a misconception: what do money-making people do?
When I first entered the market, I always thought that money-makers had 'insider information' and spent their days waiting in dozens of groups for the 'big shots' to recommend coins.
Until one offline gathering, I found that those whose accounts doubled weren't even discussing 'which coin will rise' - some were studying smart contract vulnerability audits, some were calculating arbitrage opportunities across different exchanges, and others were writing proposals for NFT projects.
I later realized that the people making money in crypto fall into two categories: a minority rely on market trends, while the majority rely on their abilities. Those who rely on market trends are like surfers; they have to wait for the waves and fear their retreat.
People who rely on their abilities are like sailors; regardless of the size of the waves, they can slowly sail towards their destination. For ordinary people, learning to sail is much more reliable than waiting for the waves to come.
Three practical paths to making money
Investing regularly in mainstream coins is the dumbest yet most stable way.
In 2020, I started buying 1000 yuan worth of Bitcoin every Monday. I experienced the 312 crash (a 40% drop in one day) and saw friends flaunting their doubled returns on altcoins.
But after four years, among those who entered the market with me, only I and another person who insisted on regular investments are still making money. The core of this method is not to predict price fluctuations, but to use time to dilute risk - it's like planting fruit trees; watering them on time will eventually yield results.
It's more reliable to transfer skills to the crypto world.
My former colleague, Akai, is a designer. Last year, he started helping NFT projects create avatars, earning 500-2000 yuan per piece, making an additional 150,000 yuan in a year; the owner of the printing shop in my neighborhood now helps people create physical NFT display frames, and his business is three times better than before.
What the crypto world lacks is not traders but people who can solve real problems. Whether you can code, make videos, or manage operations, you can find new opportunities here.
Small capital trial and error should be done with a thoughtful approach.
I've seen someone turn 5,000 yuan into 100,000 yuan. It wasn't luck; he broke down each trial-and-error project into spreadsheets: team background, funding flow, community activity... If he was wrong, he noted it down; if he was right, he summarized the patterns.
Now, his perspective on projects is more accurate than that of some 'analysts.' The significance of small funds isn't to gamble but to help you hone your skills; when your skills are in place, money will naturally come.
The most easily overlooked prerequisite for making money
I've seen too many people treat 'not losing' as their goal, without realizing that 'not losing' itself is a way of making money. My iron rule is: no single investment should exceed 5% of the principal, no matter how confident you are.
If profits exceed 30%, withdraw the principal first. It's like buckling your seatbelt while driving; you may not feel its use in normal times, but it can save your life in an emergency.
There's another truth that needs to be clarified: those who make big money in crypto often do not consider 'making money' as their only goal. Some genuinely believe that blockchain can change the world and earn money while researching technology.
Some just want to monetize their hobbies and accidentally became KOLs in the NFT space. In contrast, those who only focus on K-line charts are easily lost in the fluctuations.
Ultimately, the logic of making money in crypto is no different from that in the real world: either you trade time, or you trade skills, or you trade patience.
The only difference is that the magnifying glass effect here is stronger - your strengths will be magnified, and your weaknesses will also be magnified. Think carefully about what you can contribute, then ask yourself what you can earn; the answer is actually hidden in the question.
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