Henlo friends! ๐
I'm thrilled to present something truly exciting today! ๐โจ Reflecting on the experience of previous cycles in crypto and current market conditions, I've realized how extremely challenging it is for beginners to enter the market and start making money.
Here's why:
- Airdrops Overload: Thousands of projects promise juicy
#Airdrops, which often turn out to be just a few hundred bucks after months of farming.
- KOLs and Airdrop Shilling: KOLd shill referral links, making money for themselves and sybils with hundreds of accounts, leaving little for genuine participants.
- Investments in Liquid Markets: Without deep knowledge of narratives and tokenomics, investing is a disaster. Thanks to
#Cobie,
#Binance, and others, people are waking up to how not to become exit liquidity for VCs. New, shiny projects often tank after listing while VCs still sit on 10-20x returns. Older projects with high float? Most are trash.
These are just a few reasons why it's almost impossible for newbies to start making money here. That's why I wanted to share some thoughts and personal experiences. My goal is to build an educated and professional community for those ready to learn! Why community? Because there's no other way to get allocations to sales, private, and seed rounds in crypto. And we'll do this together!
I started writing this book after the New Year when the market wasn't very active. But everything quickly changed with the adoption of the Bitcoin ETF. Institutional capital fueled a Bitcoin rally, sparking activity across the entire market. Writing the book took a back seat as the market became so active that it demanded all my resources. Despite the crypto winter of 2022, my portfolio hit new highs due to daily investments, airdrop farming, sales, and other market activities.
But something changed...
Months of daily work in the market revealed a harsh truth: despite my extensive knowledge, the market had become much more complex and competitive. Imagining myself as a newcomer, I was at a loss for words. Let me explain why...
In the early days, projects launched with valuations in the millions or tens of millions. It was easy to make money. The market wasn't overcrowded; leaders were clear, infrastructure problems were evident, and obvious projects were addressing them. This allowed ordinary, inexperienced participants to easily multiply their capital. But everything has changed...
Today, the market is flooded with diverse assets, most launching with billion-dollar valuations. Yield farming has become a frenzy for points, and new projects offer smaller rewards daily. New AI projects raise tens or hundreds of millions from venture investors.
So, where should beginners invest? What activities should they choose? What should they focus on to actually make money in today's crypto market? I aim to provide answers to these questions in my book.
Sentiment changes quickly. As of today,
#ETH #Spot #ETF chances have jumped to 70% from 15% just a day before.
#Ethereum surged 20% overnight, while everyone was bearish on it the day before. If you don't build your conviction and let news and KOLs guide you, you'll never make life-changing money in this market! So, I invite you to learn and join me on this amazing journey!
The book is available in two languages:
English:
0xcryptoworld.etsy.com/listiโฆ
Ukrainian:
0xcryptoworld.etsy.com/listiโฆ