If you have extra money, just save it for interest, or invest, or buy gold; anyway, don’t come to the crypto space. If you play, play spot; don’t play contracts. If you have to play contracts, play mainstream ones, and keep the leverage low: 3, 5, 10; don’t go for 20 times, 50 times, or 100 times. Especially with contracts, especially with high leverage, it’s all gambling. Frequent trading results in zero. The time period with more significant fluctuations is from 5 PM to 8 AM the next day. Every time there is a liquidation, more money is added each time, and this death loop cannot be controlled by oneself. To avoid liquidation, one thinks of adding margin, which will lower the average price by increasing the position, but the final result is still the same: zero.
1. Separate contract and spot accounts, each doing their own thing. If the contract blows up, there are still spot assets, which prevents bankruptcy. 2. On-chain meme coin funds are limited to a certain range, for example, with an asset of 1 million, you can use a maximum of 10,000 to play meme in a web3 wallet. Prevent over-investing. Use all your net worth to gamble, even if meme goes to zero, it won't affect the overall situation. 3. Have a separate living account to hold USDT and USDC. Profits are transferred to the living account. I use a bybit account and usually spend with a bybit card. Even if liquidated, it won't affect daily life. 4. Have a cold wallet, only buy Bitcoin, only buy and not sell. Contract liquidation, spot goes to zero, still have a cold wallet to make a comeback.
If you continue to trade cryptocurrencies like this, making a million is achievable. Type 1 1. Work hard for two months to increase your capital to around ten thousand. 2. Buy cryptocurrencies when Bitcoin + weekly line is above MA20, buy two to three, and make sure they are new coins—hot coins during bear markets, like APT before it went up. It comes out in a bear market; as long as Bitcoin rises a bit, it will take off, like OP. Just remember, it needs to have hype and a story to tell. 3. If Bitcoin drops below MA20, cut losses; during buying or waiting, continue to make money. Give yourself two to three chances to fail. If you have twenty thousand in savings and invest ten thousand, you can afford to fail three times.
How can one make money in the cryptocurrency circle?
Buddhist-style airdrop, seven weeks, ten accounts, all totaled to more than twelve thousand, each account received more or less, the most one sent me 8178 I want to make money through airdrops, but I must be careful of witches when opening multiple accounts. Recently, when the Sign airdrop was released, discussions about 'witch addresses being banned' increased again. The project side is also becoming stricter in checking for witches. The key is that I didn't really work hard with these ten accounts, I even gave up for a while, it was the teacher who reminded me in the group to claim the airdrop that made me remember I had worked on this project. With just these few accounts, I've earned enough for my little one's milk powder for half a year, my husband can no longer say that I'm doing something without any purpose, I'm feeling very confident and motivated now.
How much have you earned in the crypto world so far?
From liquidation of a million to becoming a god in contracts, after 17 years of bloodshed, I have come up with a rolling position killing move! After much thought, I decided to share my short-term trading mindset starting with 50,000 USD and making 2.2 million in three months. If your capital is small and you want to grow quickly through short-term trading, please read this article carefully. After reading, you will have a new understanding of the essence of trading coins!
Master is a monkey, past the age of confusion, now forty-four. Time flies, and in the blink of an eye, it's been 17 years since entering the market. I remember at the end of 2007, starting from a huge wave of dividends, I've never left this market. Now, it's already the tenth year of trading coins and doing contracts full-time. Looking back, I feel emotional. Let me briefly talk about this decade-long journey.
Why is it becoming increasingly difficult to make money in the crypto space?
The cryptocurrency market is no longer the paradise for grassroots wealth accumulation it once was. Data shows that many of the top 50 altcoins by market capitalization have prices below the levels seen after the FTX collapse in 2022. The 'golden age' when tokens would soar upon listing on exchanges is gone. Nowadays, traders, project teams, and retail investors are generally filled with frustration. The prices of mainstream coins like SOL, ETH, and BTC have also fallen back to the levels of December 2024. During this cycle, most users in the crypto community have not achieved significant profits and are gradually falling into anxiety about recovering their investments. The cryptocurrency market in 2025 is undergoing visible changes. Traditional financial giants have become market leaders, with institutions like Visa, BlackRock, Fidelity, and JPMorgan launching cryptocurrency products. These institutions control massive capital flows through products like Bitcoin spot ETFs, directly influencing market trends. The changes in market structure place retail investors at a significant disadvantage. Institutions use algorithmic trading to execute trades before retail investors, leading to price manipulation, while retail orders often execute at prices worse than the best, becoming 'liquidity providers' for the institutions.
Why is it becoming increasingly difficult to make money in the crypto circle?
A few days ago at the vegetable market, I heard the older ladies talking while buying vegetables: I heard that a certain guy got rich from buying Bitcoin, another lady asked in response: What is Bitcoin, and the lady who started the topic surprisingly began to explain in a knowledgeable manner: 'Decentralization', 'The past and present of Bitcoin', and said 'Currency can exist in a small USB drive' Currently, the people who can make money in the crypto circle are basically three types of people 1 Early investment, firm belief, considers virtual currency to be the spot trader of the new era in real estate 2 There are a lot of capital operators, large amounts of capital used for doubling trades, contract traders who haven't been liquidated yet
The cryptocurrency contract market is even scarier than gambling. With a phone, you can play 24 hours a day, 365 days a year, at any time and any place. Is 20x leverage stimulating enough? If not, there's also 50x leverage and 100x leverage, with desire being infinitely amplified. Do you know the thrill of using a few thousand USDT as margin to open 100x leverage? It is just as stimulating as the excitement brought by gambling, where a few minutes of volatility can equal many people's monthly salary. Since experiencing this feeling, it's hard to react strongly to the stimuli of the world; I feel numb. Have you ever held a position? That kind of joy and luck from surviving makes you feel euphoric and unable to let go. But various precise stop-losses and liquidations are experiences that anyone who has played long enough must have gone through, right? At that moment, you find yourself trapped in endless regret and self-blame, thinking, 'If only I had known...' Oh, how I wish I could go back.
Do people in the cryptocurrency trading circle stay up all night?
Children from poor families find it very difficult to turn their lives around; even if they get into college, it is often useless, and they are likely to continue living in poverty because they mature later. It is said that children from poor families grow up early; this early maturity refers merely to basic survival skills like working in the fields, cooking, and looking after younger siblings. They are completely ignorant of the operational logic of society and the subtleties of human relationships. Not only do they not receive financial support from their families, but they also lack effective guidance from their families: the reason their parents have struggled at the bottom all their lives is likely due to narrow vision, outdated thinking, and an inability to adapt. Such parents often give bad advice at critical moments in their children's lives.
What are the stable paths to wealth in the crypto world?
To be clear, it is very difficult for small funds to achieve stable and rapid wealth accumulation. If a novice can avoid losing money, they have already outperformed over 95% of their peers during the same period. In the crypto world, wealth is either accumulated over time—experiencing a bull and bear market, understanding various traps and potential patterns, and gradually starting to make money. Either rely on luck—using high leverage to go all-in, rolling over floating profits to snowball, and soaring to financial freedom in one go. The above two options either make friends with time or have Lady Luck on your side. Clearly, to get rich quickly, it can only be the latter, but more than 99.9% of people actually don't have much luck, which is no different from buying a lottery ticket.
How to earn your first million in the cryptocurrency circle?
If you want to earn your first million in the cryptocurrency circle and cash out safely, you can only rush local dogs. Don't talk to me about contracts; even if you earn from contracts, you can't keep it unless you immediately exit the circle and wash your hands of it. Most people playing contracts will earn and then lose it back. Even because they made money the first time, it will increase your gambling nature, boost your confidence, and make you ignore risks, ultimately leading to debt. If you encounter an epic black swan like 2025.10.11, it will empty all your resources!!! In the face of such market conditions, as long as you are playing contracts, it doesn't matter how much you earned before. Now you are in a state of extreme poverty. Don't compare with the infinite bullets of Liangxi and the eagle.
About College Students Entering the Cryptocurrency Circle
From the moment I came into contact with this circle at the end of 2023, my life seemed to have been rewritten. I broke away from traditional Chinese-style education, deviated from the original course, and embarked on a path whose correctness is uncertain. This world is very magical, filled with money and people's deepest desires. The life plans that were once set have been disrupted. If Chinese-style education is a trap laid by capital, then the cryptocurrency world has pushed me into another abyss. It is filled with emotions caused by money and desire: the panic of falling, the regret of liquidation, the excitement of rising, and the thrill of profits. Of course, there are also those desperate gamblers seeking their own demise. The greater the storm, the more expensive the fish; this principle is known to all. On this battleground without gunpowder, every cent you earn comes from someone else's pocket, possibly from some high-ranking officials or landlords, or from delivery workers and desperate individuals betting everything to turn their lives around. The profit-making effect here is so immense that you wouldn't dare to imagine it. I initially thought that using one hundred yuan to do something worth one thousand yuan was already quite a gamble, but in reality, that is not the case. In some niche exchanges, you can even use one hundred yuan to do something worth four thousand yuan. These kinds of windfall profits often come with the risk of losing everything.
Will the fluctuations in the crypto world really scare people to death?
I seriously thought about it, and this statement is actually not an exaggeration. Sometimes the market in the crypto world can really make your heart race, your palms sweat, and you question life.
People in traditional markets look at us trading cryptocurrencies and always think we are 'too bold'. When stocks drop by 5%, they are already busy cutting losses and hedging; As we watch the market turn all green, we still add positions and can even post on social media: 'The main force is washing the funds, don’t panic.' This sense of 'calmness', which is said to be cultivated, is actually mostly due to being scared by the market too many times, becoming numb.
The scariest aspect of the crypto world has never been the volatility itself,
Let's talk about how much money we've lost in trading cryptocurrencies. I currently have a debt of 500,000.
I am someone who has been struggling in the cryptocurrency world for eight years. Many people see my current achievements: assets over ten million, mature trading style, and account doubling has become the norm. But they don't know that on this road, I once fell into the abyss, going from a millionaire to deeply in debt overnight. Five years ago, I will never forget that night of liquidation. My account originally had over a million in capital, but after a wave of leveraged long positions went bankrupt, it instantly went to zero, along with the margin call, leaving me with a debt of over 500,000 to the platform. At that time, I truly understood: in the cryptocurrency world, greed is more terrifying than market conditions, and a lucky mindset is more lethal than risk.
Can you still make money in the cryptocurrency circle?
Actually, whether one can still make money in the cryptocurrency circle depends on the person. For the vast majority, it is indeed becoming increasingly difficult; but for a small number of people, opportunities are actually increasing. It's like fishing; the fish haven't decreased, it's just that the water has gotten deeper, and the fish in the shallow areas have already been fished out.
In the past, the market was wild, and you could make money easily. That’s not the case now; the market has matured, and information spreads too quickly. The good news you see has already been positioned by others; just when you want to get in, they are already preparing to get out. Many people feel that 'there are no opportunities in the cryptocurrency circle,' but in fact, they are still using the rhythm of the last round.
Experience of Trading Cryptocurrencies: Complete Four Stages
1. First Stage (2016-2017): Profit from the Trend → Desire Out of Control (Ignorance is Bliss) Key Milestones: Initial contact in early 2013, official entry in 2016, initial capital of 100,000; In 2017, took advantage of the bull market and achieved wealth explosion through two major cryptocurrencies. GXS: Participated in the private placement with 2 BTC (price at the time was 6000 yuan), with opening profits reaching 3 million. Antshares (later renamed NEO): Bought 10,000 coins at 1 yuan each, peaked at over 1000 yuan, with individual coin profits exceeding 10 million. Mindset and Results: After making profits, fell into 'self-mythology', set a goal of 'earning 100 million' while ignoring risks; ultimately, when the bull market retreated, not only did the profits evaporate, but also lost over 3 million of husband's savings, borrowed 5 million from friends and family, which was also completely lost, accumulating losses of over 8 million, bringing the family to the brink of collapse, even leading to thoughts of self-harm.
Can you still make money in the cryptocurrency world?
Remember one thing, do not play with contracts! Most people in the cryptocurrency world make money through airdrops as their first pot of gold, earning their first 1 million, then following the right projects to multiply their investments. This is the process from 0 to 1. Once you have 1, the next things become much easier. As long as you don’t touch contracts, there are plenty of opportunities in this field. Seize one opportunity to get in, and you can retire directly. Just remember, do not touch contracts! Do not touch contracts!!!! Newcomers should remember A possible way to achieve a leap in social class, which may be the easiest and closest choice for ordinary people.
How much capital should one invest in the crypto world to turn things around?
My answer is 10,000 RMB. I have a very good example. Initially, my friend planned to invest 500,000 in the crypto world. He had never played in crypto before, so I told him to first put in 10,000 and see if he can double that principal.
He said that with a principal of 10,000, he can't turn things around. I said that losses are calculated as a percentage, not by amount. If you can't even double 10,000, then...
It's even less possible with a principal of 50, because 500,000 is psychologically more challenging for you.
Unfortunately, I didn't hear. His 500,000 principal went to contracts, and the initial multiple was 5-10 times. Now his leverage multiple is 20 times, and he has 60,000 left.
What is the most realistic approach in the crypto world?
Let me talk about myself, this woman who trades cryptocurrencies. First, a self-introduction: I was born in 1985, entered the crypto world in 2015, and really started playing seriously in 2016. In 2017, I hit the big bull market and made my first 10 million right at the beginning. After that, I got carried away and lost all the money I made. I also lost all of my husband's hard-earned savings of over 3 million. I even borrowed 5 million from friends and family to trade, and I lost all that too, paying my tuition in the market. Overall, I lost over 8 million. My whole family was on the brink of collapse. My beloved husband argued with me every day because of this, threatening divorce. Under such great pressure, I thought about jumping off a building to end it all several times. Fortunately, my willpower remained strong at that time; I believed I could earn it back!
Virtual currency contracts refer to investors betting on the rise and fall of coin prices through leveraged trading, rather than directly buying coins. It is a high-risk, high-reward game; those who understand it can make money, while those who do not can easily lose everything.
What are coin circle contracts? The essence of coin circle contracts is to bet on the direction; if it rises, go long, if it falls, go short, and profit from the price difference. For example, if Bitcoin rises from thirty thousand to thirty thousand one, increasing by a thousand points, and you opened a long position, you make a profit. On the contrary, if you opened a short position and it falls by a thousand points, you also make a profit.