Today a student mentioned on the Planet that he has his own job, but wants to delve deeper into the blockchain field in his spare time. He asked me for any suggestions. Let’s chat briefly today.

Q: I have been engaged in e-commerce business for 8 years. The e-commerce sector is now very stable and I have a lot of free time. I have always been interested in the blockchain industry and I am very optimistic about its development.

I have been learning about blockchain knowledge and regular investment since 2020. I spend several hours every day following industry trends. I currently have several idle employees. I have previously made short videos on Tiktok but it didn’t work out. If I want to deploy blockchain, do you have any suggestions? I am currently quite confused and don’t know where to start?

This is my answer

At present, in the field of blockchain, we can see several most intuitive ecological niches:

  • Mining as a miner

  • Open an exchange

  • Fund Development (Hong Kong License)

  • Issue token (development project)

  • Investing and trading (secondary and primary)

  • self-media

Among the above ecological niches, 2 to 4 are not something that ordinary people can do;

Everyone knows that opening an exchange is very profitable. In my impression, the most intense competition among exchanges was from 2017 to 2018. This ecological niche is known to be at the top of the ecological chain, but it is also the most difficult. At that time, there were a large number of third-tier exchanges in Chengdu, but they are no longer seen now.

As for issuing funds, there are now compliant channels in Hong Kong. You can do it if you get the corresponding license, but it is indeed not something that ordinary people can do.

Looking at issuing tokens, I guess everyone has a dream of issuing tokens. This path is easy to make money but difficult to spend.

Looking at 1 again, I think the benefits of mining are getting smaller and smaller, and I personally feel that there is not much room for imagination.

As for 5, most people in this market are now in this ecological niche, including those who are taking advantage of airdrops, doing quantitative investment, or trading, etc., all fall into this ecological niche category.

So, apart from this, what ordinary people can do is 6. This ecological niche is relatively easy to get started. At the beginning, you can learn and output at the same time, forcing yourself to grow through output. At the same time, there is an advantage of self-media output. You can make more friends and connections through your works. This was my original purpose.

I started with Himalaya and YouTube. For us, self-media is a form of sustainable accumulation, and it can grow quickly and can be done part-time.

At first, I didn’t think about starting a community, but later, I started one due to some opportunities, and indeed made a lot of friends. More importantly, I will accelerate my growth in the process of continuous output.

Therefore, if you want to delve deeper into this field, it is recommended to start with self-media output and then continue to explore more other tracks.

If you have any questions, you can put them in the comment section.