richrichardoz

Bull market cycles generally see project valuations rise, and correspondingly, various exchange activities and dividends are also quite generous. Recently participated in several exchange activities:

1. BG is promoting their on-chain trading, similar to Binance Alpha, but these are first-come, first-served. I casually created a few accounts and won one.

2. Bybit's VIP deposit activity, today if you deposit 50,000 USDT as VIP, you will be rewarded with 120 USDT of $NXPC. Thanks to @nindibabi for spotting it in the WWB group chat and I quickly jumped in.

3. Gate's launchpad activity, I deposited 500,000 USDT and received a quota of 500 USDT, now waiting for the lottery results.

4. Binance's Alpha is just the usual daily earning.

Overall, among major exchanges, Binance is still the most generous and has the lightest risk control, while Bybit and BG may impose risk control at any time for various reasons. However, when encountering top-tier projects, there are often substantial dividends, like last year's $ENA and this year's $NXPC, which are both significant gains on Bybit.

Moreover, you must not be lazy. If it’s truly a chaotic market with random price surges, it may not matter to overlook these small gains. But in the current market, participating in these activities can basically cover a month’s living expenses.

Several bosses around me with a net worth of A9 often participate in exchange activities, even encouraging family and relatives to join in. Many with a net worth that may not even reach A7 are not actively participating, which is truly wasting the opportunities the crypto space has to offer you. In real life, you may struggle for a year on Pinduoduo and still not earn as much as one activity in the crypto space.

To summarize, the last 4 pre-sales had 3 participants, and all 3 had the opportunity to make money.

1. $SKYAI

The easiest mode of pre-sale, but only a few accounts were used. After participating, returns of 50-100% were realized, and the longer you hold, the greater the profit. It’s also the most regrettable pre-sale, as I only found out after it ended that several friends had invested hundreds of BNB and over a thousand BNB.

2. $WATCH

The biggest angle was that the official SOL and Toly retweeted it, and the overall market was decent. Even though the Dev has a poor track record, I still invested a little, and in the end, I basically broke even.

The money-making opportunity with this coin lies in monitoring the funding addresses and acting quickly. I later learned that several key players had invested hundreds of SOL, and I felt a bit of FOMO. They also monitored the funding addresses, giving a 3-minute window to make money and exit after the token was issued.

3. $MIRAI

The angle was AVA's endorsement plus the wizard's hype, but to be honest, this project is way too easy to lose money if you don’t have some insider info or haven’t done in-depth research.

An unexpected midnight launch, and as soon as it launched, taxes were raised, and the airdrop was distributed very slowly, causing many people (including me) to cut losses. As a result, after washing out the airdrop, it continuously pumped and listed on Binance Alpha, and interacted with $Moodeng, driving it to a new high.

In summary, participating in pre-sales is basically about insider information or having enough in-depth research; otherwise, it’s hard to determine whether the project is providing you with an opportunity to make money or preparing for a rug pull, and whether they plan to pump the token or abandon it after issuing.