This article is my personal debut on x and mirro! Keep your eyes peeled and recognize the originality. Thank you for your attention ➕
There are many people making money in Web3, each with their own methods and skills. Today, I will briefly describe 10 of them for reference.
1, First, hoard coins. No need to say more, hoarding BTC and ETH is the safest method! In 2021, out of the top 100 market cap coins, only 50 remain today, so you can also refer to the top 100 market cap coins and selectively choose those with a high probability of success, as long as you can wait for the wind to come and the bull market that comes every four years.
2, Be cautious when using high leverage. For most inexperienced investors, you can't see the specific situation of the long and short battle, nor can you understand the initial news and technical logic! Cautious operation with high leverage preserves the principal, which gives you the chance to make money.
3, Claiming airdrops. Many popular apps, L2, Gamefi, and DeFi have airdrop opportunities. Although it’s not easy to claim now, many studios are still competitive. However, project teams also need communities and active users. For ordinary users, the cost of claiming is low, and the potential rewards are significant, making it worth participating. For example, ARB and OP, recently STARK has given users many rewards, making quite a few people overnight millionaires. Next, there are many projects like ZKsync, LayerZero, Scroll, Wormhole, etc., queuing for airdrops.
4, Staking, from Ethereum staking nodes to L2, Blast, TIA, ATOM, DYM, BTC L2 ecosystem, etc. Staking can offer rewards from $10,000 to over $100,000. Ordinary users may awaken late, but there are still opportunities. The bull market won't miss out on profits.
5, DEFI. In 2020, Uniswap opened the era of DeFi. Although many projects have perished since then, good projects are still thriving, providing liquidity and staking. The annualized returns are also considerable. Discovering good projects on various public chains may allow you to break even in just a few days, with everything thereafter being profit.
6, Of course, you can also join Web3 startups (this requires some experience and skills). If you don’t have the opportunity, you can become an ambassador for projects you support. Working hard can lead to generous rewards from project teams. Some project founders I know were even volunteers for a project in the past.
7, KOL (Key Opinion Leader), someone who has a certain degree of influence in a particular field. This requires long-term accumulation, maintaining a bottom line, and sharing valuable information with users objectively and fairly.
8, The trend of 'minting inscriptions' that became popular in 2023, known as Fair Launch, is essentially another form of issuing coins, similar to the ICOs of 2017. If you're lucky enough to mint top inscriptions, you can reap a substantial wave of dividends, like sats or ordi, which can set you free. Of course, ordinary people won't have the ability to earn 700 million like someone in Shenzhen, but a 10x or 20x increase isn't too much of a problem.
9, You can chase MEME with small funds. People in the industry often joke that Elon Musk has supported half of the crypto industry. Actually, it's not without reason; most people are irrational, chasing idols and new things. For example, the recent 10,000 times increase in SORA was due to OPEN AI releasing a new text-to-video tool named SORA. Who would have thought?
10, Lastly, and most importantly, pay attention to your wallet security. Do not disclose information casually, separate different wallets, and use a new wallet for new investments. The saying goes, 'As long as the green hills remain, you need not worry about firewood.'
Let’s encourage each other.
The above is mainly useful for ordinary users. If you are an expert with substantial capital, then even a few percentage points increase can make retail investors envious, or if you are a contract expert, quantitative institution, or even a hacker, then ignore this; these are trivial matters for you and not worth mentioning.