Guide to Avoiding Pitfalls in Crypto Withdrawals: Hard-earned Lessons from Veteran Investors
I. Choosing the right platform is the first step Having been in the crypto space for 6 years, I've seen too many people get their cards frozen due to choosing the wrong platform for withdrawals. Last year, my friend made 300,000 at a small exchange, but after a single large withdrawal, his bank card was frozen, and the money is still stuck. Reliable platforms should adhere to two points: 1. Must have a legitimate license, such as Binance's MSB license 2. The platform should have been operating for at least 2 years
II. Withdrawals should be done with method I have summarized a set of 'Ant Moving House' withdrawal methods: 1. Single withdrawal amount should not exceed 1/5 of daily flow 2. A maximum of 2 withdrawals per week 3. Each withdrawal should be at least 48 hours apart
Don't be fooled by BOB's name! This could be the next breakout point for the BNB chain.
Recently, people keep asking me: "Isn't BOB just a meme coin?" "Can this crappy coin even rise?" Let me tell you: BOB is not here to joke around! It is seriously going to make waves on the BNB chain! The name looks like a joke (short for Build On BNB) But they are doing real business: 1. It's not just playing around - there is a real technical team developing it. 2. Leveraging the existing traffic and resources from the BNB chain. 3. The token economic model is seriously designed. 4. There are already early DApps running. In simple terms: This project combines the virality of memes + the practicality of public chains + community power.
Why is it so hard to make money in the crypto world now? The bloody history of experienced traders
Entered the market in 2019: From a novice to an experienced trader Just started playing new listings, airdrops, mining, back when chain games were super popular, investing one made a profit. The most successful was AXS, made over 100. Joined a bunch of communities, got chopped by KOLs repeatedly, turned from a novice to an experienced trader through hard lessons. Spot: Basically made no money except for SHIB SHIB made a wave of profits in 2019-2020, but later spot purchases either couldn't be held or resulted in total loss. Now I'm holding SOL and ETH, optimistic about their future, this time I won't sell no matter what! Rug pulls: 100% loss for domestic projects The primary market is a scam, learned a lesson after losing 300,000. Never click random links on Twitter, losing U is a common occurrence. Funds must be diversified, important things are worth repeating three times!
Is a change coming for the U.S. economy? The Federal Reserve is getting closer to cutting rates!
Recently, the U.S. employment data hasn't been great, and the tariff increases haven't brought inflation up either. The voices calling for the Federal Reserve to cut interest rates are growing louder. If the upcoming economic data doesn't throw any curveballs, a rate cut in September seems almost certain, and some even speculate whether there will be a direct cut of 50 basis points.
However, the Federal Reserve cannot afford to act recklessly. If inflation suddenly spikes next month, or if employment unexpectedly improves, they might struggle to implement even two rate cuts this year. Their current stance is: better to go slowly than to make a wrong move. Thus, the upcoming key data—inflation and non-farm employment—are particularly important as they will directly determine how the Federal Reserve will respond.
Market cap = coin price × issuance, this formula is the "price tag" of the crypto world.
For example: If a coin is 1 yuan and 10 billion are issued, the market cap is 10 billion. Another coin is 100 yuan, but only 1 million are issued, so the market cap is only 100 million. So don't think some coins are "cheap" just because their price is low; the issuance might be shockingly high. Conversely, high-priced coins with low issuance might actually be very "cheap."
The larger the market cap, the harder it is to manipulate: Low market cap coins (small issuance) are like small fishing boats; the major players can pump or dump them as they wish. Large market cap coins (large issuance) are like aircraft carriers, requiring huge amounts of capital to push them forward.
Crypto Turnaround Guide: Two Strategies for Small Capital to Make a Comeback
Back then, I had only a few thousand dollars to enter the market, no resources, no insider info, and didn't even know what on-chain interaction was. But I managed to build it step by step through practical experience. Now many people ask: 'Is it still possible to turn things around if I start late and have little capital?' Yes! But you need to know how to play.
First option: Hold 10x coins. This path is simple but tests patience, just like leveling up in a game: 5000 → 50,000 → 500,000 → 5,000,000 You only need to hit three 10x coins in a row to touch the threshold of financial freedom. How to find such coins? 1. The theme should be new - old concepts have been played out, new stories have imagination.
In the crypto world, can three thousand turn into a million?
Using three thousand to earn a million, there are indeed opportunities in the crypto world, but you must follow the plan. Execute according to this plan, success or failure depends on you. Step Breakdown: 1. Build Capital First: Starting with three thousand is too difficult, work for two months to accumulate around ten thousand, and leave some for trial and error. 2. Key to Choosing Coins: Only buy new coins that are above MA20 on the weekly chart of Bitcoin, hot coins in a bear market (like APT, OP), that have a story and haven't had explosive growth. Don't touch BTC or ETH, the growth is not enough. 3. Strict Stop Loss: Cut losses if Bitcoin falls below MA20, protect your principal. Prepare twenty thousand dollars, invest in three phases, if you lose everything, acknowledge defeat and exit.
When someone around you shows a screenshot saying 'I bought a house after three years of trading coins,' and when Bitcoin's price breaks historical highs in the news, many people will ask the same question: Is it too late to enter the crypto world now? In fact, this question is like someone asking in 2009, 'Is it too late to do e-commerce now?' or someone in 2013 worrying, 'Is there still an opportunity in WeChat public accounts?' - the answer has never been about the time itself, but about the depth of your understanding of the industry. 1. From 'barbaric age' to 'eve of regulation': the evolution of the crypto world tells you the answer. In 2011, Bitcoin could still be exchanged for pizza on forums; at that time, the crypto world was a secret garden for programmers, with less than 100,000 global holders; during the ICO frenzy in 2017, anyone could raise money just by publishing a white paper, chaos ensued but there were also opportunities for hundredfold gains; and today in 2025, the total market value of cryptocurrencies has surpassed $4 trillion, the SEC approved 11 spot ETFs, and Hong Kong allows retail investors to trade compliant tokens - this market is transforming from a 'wild jungle' to a 'fenced ranch.'
Recently, cryptocurrency-related news has been constantly trending. One moment, someone is released from prison and suddenly becomes a billionaire because of 108 bitcoins hidden in his fingernails; another moment, a big influencer claims to be Satoshi Nakamoto but says the private key has been lost... Terms like Bitcoin and cryptocurrency, related to wealth myths, frequently appear in the public eye. There's even news saying that someone once bought a worthless pizza with 10,000 bitcoins, which now seems like an astonishing act. What’s even more interesting is that all kinds of people are starting to talk about cryptocurrency. Grandparents, taxi drivers, they can all explain blockchain to you, discuss Satoshi Nakamoto, and chat about L2 and cryptographic algorithms. Major media outlets are also focusing on discussing the value of Bitcoin and the role of blockchain.
Is it still worth entering the crypto space in 2025? Understand these three changes before deciding.
When Bitcoin's market capitalization surpassed $1.3 trillion and its market share firmly stood at 61%, some celebrated the dividends of the institutional era, while others were clearing accounts for certain altcoins facing delisting—this is the true divided landscape of the crypto space in 2025. Many ask, "Can we still enter the market now?" The answer lies in the deep changes this market has undergone over the past three years: it is neither an apocalypse nor a paradise, but a competitive arena that requires new gameplay.
The market is no longer what you remember it to be
In the 2025 crypto space, the most significant labels are the dual variations of "institutionalization" and "strong regulation." Bitcoin occupies over 60% of the market share, backed by $17 billion of funds from institutions aggressively increasing their holdings through spot ETFs, transforming the once marginal asset into a mainstream allocation option.
Can you still play in the cryptocurrency market now? Understand these three points before deciding.
Just after the news of Bitcoin breaking through the new high of $120,000 went viral, the news of 3,304 people liquidating $35 million followed closely—this is the most realistic portrayal of the cryptocurrency market in 2025: opportunities and traps always shake in the same frame. There are always people asking, "Is it still possible to enter the market now?" The answer actually lies not in the K-line chart but in your understanding of this market.
First, see clearly the current state of the cryptocurrency market.
The cryptocurrency market today is no longer the wild era where you could double your investment by casually buying altcoins. Bitcoin accounts for over 60%, with institutional funds continuously flowing in through compliant channels. The US (GENIUS Act) has also prompted traditional financial giants to layout in the asset tokenization track.
The Crypto Space in My Eyes: A Land Full of Contradictions
Having been asked too many times 'what do you think of the crypto space', this question is like asking 'what do you think of an erupting volcano'—danger and vitality coexist, destruction and creation coexist. After soaking in this market for five years, what I see in the crypto space has never been a black-and-white world, but a complex ecosystem woven from countless contradictions.
It is the freest market and also the cruelest jungle.
The most enchanting aspect of the crypto space is that it has almost no barriers to entry. An African programmer and a Wall Street fund manager have equal trading rights in front of the exchange; retail investors with a few thousand yuan in capital can stand on the same K-line as billion-dollar capital. This sense of freedom makes it a 'place of wealth equality' in the eyes of many ordinary people.
Are there really no opportunities in the crypto world? Don't be deceived by the fog in front of you.
Recently, many people have been messaging me: 'Is there really no opportunity left in the crypto world?' Opening social media, similar anxious voices are everywhere—Bitcoin has been stagnant for months, altcoins continue to drop, and even once-bustling communities have grown quiet. But after six years of navigating this market, I increasingly understand: opportunities in the crypto world are never called out by market conditions, but are hidden behind the trends in volatility.
Opportunities are never about 'picking up money everywhere'.
In 2017, buying any altcoin could double your investment; in 2021, DeFi mining allowed for effortless profits—such opportunities for collective celebration have indeed diminished. But this is not the end of the crypto world; it is a necessary path for market maturation. Just like the early days of the internet, from 'anyone can raise funds by building a website' to the later 'thousand团大战' (thousand group battles), and now to refined operations, opportunities always exist, just in a different form.
Are you suitable to join the cryptocurrency world? First, look in this mirror.
Are you suitable to join the cryptocurrency world? First, look in this mirror.
People often ask: "Should I enter the cryptocurrency world?" Actually, this question hides another answer — the cryptocurrency world is never a multiple-choice question, but a magnifying glass that clearly reflects your personality, habits, and understanding.
It reflects your risk tolerance.
I have seen someone buy Bitcoin with three months' salary, losing sleep when it drops 10%, and rushing to cash out when it rises 5%; I have also seen a small supermarket owner invest fifty thousand yuan in spare cash, regardless of how the K-line fluctuates, focusing on restocking and accounting. The fluctuations in the cryptocurrency world are not a test of wallet thickness, but a measure of your tolerance for 'uncertainty.'
What do people making money in the crypto world rely on to stand firm?
There are always those who are curious about what secret weapons those who continuously make money in the crypto world hold. After observing for these past few years, I found that they rely not on 'insider information' or 'luck', but on something much more tangible.
Those who make a living by recognizing differences constitute a large majority. When it comes to buying Bitcoin, some only look at price fluctuations, while others understand the supply and demand logic behind the halving mechanism; when analyzing projects, some focus on 'how much it has increased', while others check code submission records and fund flow. Before the L2 sector exploded last year, some had already positioned themselves by researching Ethereum's scaling solutions, and by the time ordinary investors reacted, they had already made enough to exit. This kind of understanding isn’t innate; it is gained from daily studying of white papers and monitoring on-chain data.
The question asked 100 times: How to make money in the crypto world?
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.
In fact, the most difficult part is not choosing a path, but recognizing oneself. Some are suited for slow, steady investments but always envy others' short-term profits; others excel at technology but insist on trading contracts. In the crypto world, 1 million is a target that some people can reach in three years, while for others, it remains an unattainable illusion. The difference lies in whether you are making money with your strengths or struggling through your weaknesses. Finally, I want to say a big truth: The difficulty of earning 1 million in the crypto world is about the same as saving 1 million in real life. It's neither hard enough to require extraordinary talent, nor easy enough to just buy a coin and succeed.
Can money still be made in the current cryptocurrency space?
I've been asked this question no less than fifty times, especially when the market is stagnant. As someone who has been navigating the cryptocurrency space for four years, my answer is: yes, but the ways to make money have changed. The era when one could double their money by buying altcoins in 2017 is long gone. Today's cryptocurrency space resembles a mature marketplace; finding bargains is increasingly difficult, but those who seriously set up their stalls still have food to eat. A friend I met last year didn't chase any trends; he just invested in Bitcoin weekly, and by the end of the year, his returns were nearly five times higher than keeping money in the bank. Another programmer friend specialized in security audits for DeFi projects, and by the end of the year, his extra income was enough for a down payment on a house.
What thoughts do those entering the crypto world with 3500 yuan carry?
3500 yuan is enough to buy two cans of imported baby formula for a child, enough to pay one month’s property fees for parents, enough to rent a room with a balcony in a first-tier city. When someone transfers this money into the exchange and presses the buy button, the trembling in their fingertips hides an expectation heavier than the fluctuations of numbers. You cannot measure them with the yardstick of 'rational investment.' Those nights filled with arrows drawn on candlestick charts, those early mornings checking unfamiliar terms in white papers, those moments of joy when the price increased by 50 yuan and they shared screenshots with family, hide too many simple wishes of 'wanting life to be a little easier.'
The Success Code of Sun Yuchen: Hitting Every Beat in Chaos
The cryptocurrency world is never short of legends, but few can expand their business like Sun Yuchen, who has grown larger amidst the criticisms. While peers are still arguing over technical details, he has already led TRON to become one of the top ten public chains by market value globally — this kind of success hides three counterintuitive codes. In 2019, when he filmed a lunch with Buffett, the whole internet laughed at him for 'seeking attention.' But he quickly turned this conversation into a global science popularization event for cryptocurrencies, bringing the name of TRON to the front page of The Wall Street Journal. While others are busy distancing themselves from the 'hype' label, he has already grasped the communication logic of the crypto world: in the ambiguous gray areas of regulation, controversy itself becomes a pass for breaking through the circle.