If you want to earn 10 million a year in the crypto space, it's not just about being bold and lucky. Today, I will share four 'cold knowledge' tidbits about the crypto world to help you grasp more practical ways to make money, avoiding pitfalls and detours.
1. Asset allocation is more important than going solo.
In the crypto space, many people pursue short-term wealth, betting everything on one coin, but often find themselves trapped in losses.
True experts know how to allocate assets, reasonably diversifying funds among Bitcoin, Ethereum, potential coins, and some stable investments.
For example, allocate part of your funds in mainstream coins like Bitcoin to resist declines and preserve value, while using another part to invest in high-growth new projects to balance risk and return.
Asset allocation not only helps you withstand market volatility but also stabilizes appreciation during bull-bear transitions.
2. Follow trends quickly; stop once the trend passes.
Trends in the crypto space come and go quickly; capturing market trends can lead to rapid profits, but many people often chase high prices and become 'bag holders.'
To earn 10 million a year, you need to learn to 'ride the highs and lows of trends.'
For example, quickly follow up on Meme coins when they are hot, take your profits and leave, without having unrealistic expectations about their value.
Understand that most trends in the crypto space are short-term games driven by funds, rather than long-term value.
Follow trends quickly and accurately, but take your profits and run; avoid getting too attached to the battle.
3. Learn to observe the 'fund flow of large holders'
The movements of large holders are often a barometer of the market; many times, their strategies will reflect market trends in advance.
Observing large holder wallet addresses and paying attention to fund flows and accumulation actions can help you anticipate some trends in advance.
Many platforms now offer features to track large holder addresses, such as Nansen and OKX's Meme Hunter, which are great tools.
This type of data analysis can help you seize opportunities more accurately and avoid being confused by 'big players washing the market.'
4. Utilize the 'Bull-Bear Rotation' strategy
The cycles of bull and bear markets in the crypto space have clear rotation periods; whenever Bitcoin or Ethereum enters a high-level consolidation phase, funds often flow into some small coins or new hot sectors, bringing a wave of short-term surges.
Master this rotation pattern, and when the market enters a high-level consolidation, pre-emptively position yourself in potential small coins, especially in new conceptual sectors, such as the recently popular Layer2, DeFi, or even Meme types.
Bull-Bear rotation allows you to capture not only the gains of mainstream coins but also seize the explosive periods of small coins.
Find me for more strategy sharing.
