A few weeks ago, I asked 3 crypto millionaires how they turn $ into $$$$$
The conditions were:
· No money
· No insider info
· Just $ and their experience
They all shared with me one secret...
An article on how they made $100,000 in one month.
Reaching $100,000 from scratch in crypto is a very attainable goal these days.
There are numerous opportunities to make money:
airdrops, ambassador programs, arbitrage, launchpads, IDOs...
All you need is just knowledge, that’s why am here on Binance Square. So make sure to follow me @BitEagle News 👈
I recently surveyed millionaire who specialize in the various fields mentioned above.
They all started with nothing, and their success comes from focusing on the right activities.
Read the alpha they shared with me.
① Low bank stage ($0-$10,000 portfolio)
If you have literally no money to invest, try these free activities:
➬ Testnets
➬ Mint free NFTs
➬ Whitelist farming
➬ Find work in Web3
Trust me, these activities can help you make your first $1,000+ without any investment.
One more moment.
If you're doing testnets, I recommend focusing on the most popular L1 solutions.
Initially, it will help you build the capital needed to progress to the next stage.
A recent example with testnets that comes to mind is $APT : $1,000 per wallet.
If you decide to focus on Web3 job, here's my recent detailed guide Explore Over 10,000 Remote Jobs and 7 Web3 Roles That Don’t Require Interviews or Experience 👈
② Average boy stage ($10,000-$100,000 portfolio)
Everyone I asked said that reaching the first $10,000 mark is the most important step.
After this, plenty of earning opportunities in crypto become available to you.
Here are some suggestions on how to make the most of this capital:
➬ Meme coins
It's risky, but it can potentially yield 100-1000x returns.
The key here is to try to identify gems before others through deep value analysis.
➬ Airdrops & Nodes
Airdrops and nodes have always been, and will always be, the best way for a project to enter the market.
That's why I believe participating in such activities to receive tokens remains one of the wisest investments you can make.
➬ Arbitrage
Crypto arbitrage is a strategy that seeks to capitalize on price differences in the crypto market.
You can potentially make +5-15%, and sometimes even +50% within minutes.
③ Big boy stage ($100,000+ portfolio)
Once you reach a $100,000 balance, many opportunities will open up.
At this point, shift toward a more conservative approach.
There are many activities for a large portfolio, but these are the most effective:
➬ Spot trading
Create a personal strategy for investing in crypto assets.
Limit risky plays to no more than 10% of your capital.
Think in advance about setting profit targets for your positions to avoid holding onto them for too long and experiencing losses.
➬ Multi-accounting
Take part in any market activity (like launchpad or airdrops) with 1-1000 accounts and earn tons of money.
Sounds good, right?
But managing more than 1,000 accounts on your own is a real challenge.
So just think about hiring a team to achieve the best results.
➬ Starting own project
You could create a private Telegram or Discord group, develop software for various purposes, or build an educational platform.
It all depends on your interests and imagination.