I am an old investor who started in 2015, I have seen Bitcoin drop from $30,000 to $3,000, and I have experienced the madness of the DeFi summer and the overnight collapse of LUNA to zero. Today, I won't discuss K-lines, nor will I boast; I will share 8 strategies that I have personally tried and can still make money with in plain language. The core message is: Don't be greedy, don't be lazy, and don't believe in 'get rich overnight'.
1. Zen coin stacking: Regular investment, treating crypto trading as saving.
Who is it suitable for: office workers, those who don't want to monitor prices, and people who want to make long-term investments.
Plain language operation:
Register on major exchanges like Binance and OKX, use Alipay to buy USDT (1 is approximately 1 dollar), and then exchange it for BTC/ETH, which are the 'Moutai of the crypto world'.
Regular investment method: Invest 500 every Wednesday, buying regardless of price fluctuations. Buy more when it's cheap (like using the ahr999 indicator to judge low points) and buy less when it's expensive to average down the cost.
My lesson:
Don't trade frequently out of impatience! In 2023, I messed around with altcoins and lost $20,000 in fees—it's better to just hold BTC (which has risen 70% this year).
Small exchanges are prone to running away; I only dare to keep coins on platforms like Binance.
2. Earn interest on your coins: Lazy finance, earn some pocket money.
Suitable for: Those who have coins but don’t want to move them, and find bank interest too low.
Plain speaking on operations:
In-house finance: Put BTC/ETH into Binance Treasure or OKX dual-currency finance with an annualized return of 3%-8%, better than Yu'ebao.
DeFi mining: Put funds into Aave or Uniswap to earn interest, but beware of 'impermanent loss' (price fluctuations may eat away the interest).
My lesson:
Don't be greedy for high interest! Last year, a small platform promised an annualized return of 20%, but the owner ran away, and I lost 1 ETH. Now I only play with big exchanges.
3. Grab airdrops: Zero-cost exploitation, just like a lottery.
Suitable for: Young people with a lot of time and who know how to use Twitter/Telegram.
Plain speaking on operations:
Be a tool for others: When testing new projects, help them with trading and retweeting, and you might get tokens for free (like some Arbitrum airdrop participants made $100,000).
Hold coins to earn: Buy some ATOM, ARB, and keep them in your wallet, as ecological projects often give airdrops to holders, like supermarket promotions.
My lesson:
Anything that requires a private key for an airdrop is a scam! My friend lost 200,000 due to filling in a private key. Real airdrops never ask for passwords.
4. Promote to earn commissions: Passive income for social butterflies.
Suitable for: Chatty friends and social media influencers.
Plain speaking on operations:
Refer others: Use promotion links from Binance or OKX; if others register and trade through you, you can earn a share of the fees (top players earn over 100,000 a month).
Content monetization: Share practical experience on Bilibili or Xiaohongshu, take ads or tips, but don’t learn from 'signal callers' who deceive followers.
My lesson:
Don't push dog projects for commission! Last year, I promoted a 'ten thousand times coin,' and when my followers lost money, they exposed me online, ruining my reputation.
5. Chain gaming for profit: Earn while playing, but don't get too into it.
Suitable for: Gaming enthusiasts and students looking to earn extra money.
Plain speaking on operations:
Earn coins through exercise: Play games like StepN, buy virtual shoes to run and earn coins, but the shoe prices may drop, and the payback period might be longer than working.
Guild gold mining: Join a game guild like Axie Infinity, rent the boss's NFT to fight monsters, and share the profits.
My lesson:
Chain games have a short life cycle! A game I invested in cooled down in three months, and the NFT dropped by 90%. Small bets for fun, don't overspend.
6. Arbitrage: Profit from information gaps, be quick.
Suitable for: Those good at math and can monitor the market.
Plain speaking on operations:
Arbitrage between exchanges: Monitor the price differences between Binance and OKX; for example, if BTC is sold for $30,000 at exchange A and $30,500 at exchange B, make a quick $500.
Hedge with futures: Buy BTC in the spot market while shorting in contracts to profit from price corrections.
My lesson:
Calculate fees accurately! I once made $200 from arbitrage, but fees and Gas costs deducted $250, resulting in a loss.
7. Long-term allocation: When the bull market arrives, holding is the winner.
Suitable for: Those who believe in the future of blockchain and have a stable mindset.
Plain speaking on operations:
Bet heavily on mainstream: Use 70% of your funds to buy BTC/ETH, treating it like digital gold; it’s normal for prices to multiply several times in a bull market.
Small bets on new tracks: Invest 30% of your funds in Layer 2 (like ARB) and AI coins (like RNDR) to bet on the next big thing.
My lesson:
Don't trust the 'big shots' in the group! I once followed a 'hundred times coin' and ended up with nothing. Now I only trust my own research.
8. Tool hacks: Use data instead of intuition.
Suitable for: Lazy people who believe technology can change their destiny.
Plain speaking on operations:
Monitor large holders on-chain: Use CoinGlass to check institutional positions; when they increase their positions, you follow; when they run away, you escape.
Robot trading: Use trading bots to set grid trades, automatically buy when prices drop, and sell when they rise; earn passively in a volatile market.
My lesson:
Robots are not omnipotent! During the 312 crash, my grid orders were buried. Don’t overly rely on tools.
Survival mantra for newcomers:
1. Choose the big ones: Binance, OKX, or Huobi, as small exchanges may run away tomorrow.
2. Invest spare money: Use money you can afford to lose, don’t go all in, and definitely don’t borrow money!
3. Separate wallets: Keep large assets in cold wallets (like Ledger), and only leave pocket money on exchanges.
4. Learn a little every day: Spend less time on group chats boasting, and pay more attention to on-chain data and technical trends.
Finally, let me say something human.
Three iron rules for making money in crypto:
Don't be greedy: Don't envy others' wealth; those who invest regularly will last longer.
Don't be lazy: Airdrops, research, tools, learn what you should.
Don't believe in myths: I've seen too many 'gods' go to zero; steady progress is key.
The circle is not simple, but you can live simply. I am an old player, salute to everyone still learning in the bear market. Follow Xiang Ge to get more first-hand news and accurate positions in the crypto world, learning is your greatest wealth!
