Every time there is a popular airdrop project, someone will post a short essay to thank themselves for their continued efforts, thank the project's vision, and thank the crypto market for the opportunity to get rich.
When the ZKsync airdrop was launched this time, the market was particularly quiet. There were no stories of getting rich quickly, but only doubts about "insider trading" and "unfairness", as well as verbal abuse and reluctance.
Many studios have invested a lot of energy and continuously interacted with the ZKsync ecosystem, but the airdrop income was zero and a lot of gas fees were wasted.
What’s even more depressing is the missed opportunity costs. Because of the focus on interactions, I missed out on inscriptions and runes, missed out on MEMEs, and missed other opportunities.
This was a failed investment, but the market is so uncertain, there are no airdrops and no returns.
But there was also a player who, as a real user, used the defi products of the zksync ecosystem, and his two accounts received 80,000 ZK airdrops, which was also an unexpected surprise.
Some interactions with real users may result in additional airdrops, but for professional hair-pulling studios, the road is getting narrower and narrower.
Some people say that the money in the crypto market comes from the wind, but if you choose the wrong direction, there will be no good results.
It is useless for someone to abuse and boycott zk. Instead of continuing to waste emotions and mentality on zk, it is better to look for the next target and ambush new opportunities.
A friend in the group has been very depressed these past two days because his contract was liquidated.
I invested 9wu in total, and at one point it rolled up to 45wu. I felt like I was winning every time I fought, but recently I went in the wrong direction and all my money went to zero.
It is easy to make money in the process of playing contracts. If you go in the right direction, your life will reach its peak; if you go in the wrong direction, you will go straight back to the time before liberation.
Today I saw a big guy on Twitter who sold his Twitter account and accumulated capital again.
The main account was registered in 2020. It has posted 10.6k tweets and accumulated 165.2K followers. It is indeed a pity to sell it, but the decision was made after careful consideration.
I checked his Twitter and found out that his contract was liquidated. He made huge profits in the last bull market, but the contract is a bottomless pit. The loss after the liquidation was completely zero.
Chu Xiaolian met this big guy offline last year. He seemed very energetic and hardworking. I had more than 1k Twitter followers at that time. After I introduced myself, he followed me immediately.
Unexpectedly, in less than a year, he was back to square one and accumulating capital again. I hope he can get back on his feet as soon as possible. After all, there is no shortage of opportunities in the crypto market.
The crypto market is a 24/7 non-stop trading, which accelerates the speed of profit and loss.
In the past, earning 1 million required a lifetime, decades, or even years. Now, it may only take a contract order, a local dog, or a virtual coin, and you may also encounter opportunities to make ten or a hundred times the profit.
The crypto market provides many ordinary people with new opportunities to accumulate wealth.
I have some friends around me who have been in the circle for a few years and have earned the same returns as the previous ten or twenty years. The cryptocurrency circle has brought a completely new perspective and approach.
If someone really holds 100 BTC or 2000 ETH, the cash value is still a huge fortune, easily surpassing that of relatives and friends around them.
The crypto market made him stand out and also brought him huge profits.
At the same time, the crypto market has greatly accelerated the speed of losing money. Contracts can be liquidated, wallets can be hacked, assets can be stolen, and balances can be reduced to zero in an instant.
There are also some friends who were once financially free, but after going through the hardships of contracts, they successfully returned to poverty and started a business again.
Some players have a small amount of capital and want to double it quickly, increase leverage, and rush into various local dogs. Most of them just lose it silently and become complete cannon fodder.
Anything you earn overnight by luck will be lost again by your own strength.
Every market has its own specific rules, and every industry is subject to the 80/20 rule. Sometimes fast is slow, and only by playing the long game can you avoid being abandoned by the market and have the last laugh.
Respect the market, fear the market, and abide by the rules.
The above is just my personal opinion, not investment advice. I am Chu Xiaolian, and I am paying attention to the crypto market and web3.