How to go from 1,000 to 100 million US dollars of threads?
It explains very clearly what funding stage and what strategy to use to quickly accumulate wealth with low risk!
When I first entered the world, I had only a small amount of capital, no more than 100,000 US dollars. At this time, you should be diligent in learning and have the courage to practice. Concentrate day and night on airdrops, the core track of DeFi, and Mint, the whitelist of popular NFTs. Although this road is difficult, it takes a lot of time to collect information, analyze and research to judge the potential of the project, and you must have strong execution ability and perseverance to collect. wool.
When the funds increase to between 100,000 and 1 million, avoid leveraged currency speculation and stay away from contract play. Turn to explore new public chains and L2, follow the rules of the time machine, look for potential projects, obtain chips at low prices, and look forward to finding your own ten times the coins.
The funds further increase, reaching one million to ten million US dollars. At this time, select the currency standard, or BTC or ETH, do in-depth research, trade appropriately, and repeatedly give orders not to go short! Utilize low-leverage DeFi lending protocols, such as Dydx, to improve the utility of funds, and you can also receive Token rewards while trading. It is advisable to observe more, arbitrage more, stick to the currency standard, and pursue its growth. Don’t be greedy for every hot spot, every penny. Use arbitrage, staking, etc. to obtain stable cash flow, have a peaceful mind, and leave wealth growth to time and industry development.
When assets accumulate to tens of millions to hundreds of millions of dollars, it is considered a small success. At this time, you should improve your family's life, expand your knowledge, keep fit, and enhance your knowledge and connections. Hold on to core assets, avoid big pitfalls, and pursue low-risk value-added and good cash flow.
Stay away from contracts, don't start a business easily, and beware of traps. Maintain currency-based assets to avoid missing out on good opportunities; at the same time, hold stablecoins to meet unexpected needs and to resist market declines. Take one tenth to fifteenth of your assets and invest in a track that you are optimistic about. You can enjoy yourself and avoid the danger of using your bare hands.
Content reprinted from Shenyu