There is nothing wrong with working in the cryptocurrency industry full-time.
The cryptocurrency industry is like Taobao back then. It is now a blue ocean market because no one recognizes it. If you develop in this industry, as long as you have enough knowledge and you can persist, you will definitely make money. 5,000 a month is enough to maintain a basic life. I think there is no problem at all.
Let me first talk about several ways to make money in the cryptocurrency world.
The first is to hoard coins, hoard in bear markets and sell in bull markets. Ordinary people with no background who have made a fortune in the cryptocurrency circle have made money this way. It does not consume attention or time. You can do other things while hoarding coins. The disadvantage is that you need to wait and have a sufficient amount of principal.
The second way is to do trading, which requires skills, specifically trading skills. You need to understand the rotation of hot sectors in the crypto world and the stages of speculation for trading targets. There are quite a few people who maintain their lives by trading, but it is mentally exhausting, time-consuming, and can be very tiring and draining on the body and spirit.
The third way is arbitrage, flipping, and collecting airdrops. This requires understanding the basic information of the crypto world, being able to timely grasp various activities on exchanges and on-chain information. It doesn’t take much time, the risk is low, and good arbitrage opportunities can vanish in an instant. Popular airdrops can be quite competitive, but if you persist, you can still earn decent returns. This can be regarded as a way of making money by promoting products for project parties.
The fourth way is to help others with flipping. This doesn't have monetary costs, just consumes a bit of time. They will give you coins, you go flip, and then after you flip, for example, with 100 accounts, you take 20, and the other party takes 80 in this sharing method. For you, there is no risk, just the need for time. It just depends on whether your time is worth anything.
The fifth way is to become an internet celebrity in the crypto world, or to be a small KOL or a little blogger. The premise is that you need to understand the knowledge of the crypto world. If you can truly help others, then this market is very large. Many people actually don’t understand much, and they don’t know where to learn. Many people in this market who shout signals, teach others to do quantitative trading, or do trading are actually relying on deception. However, if you are doing it earnestly and teaching people about low-risk projects, I believe it can be sustained long-term. As long as you help them truly make money, they will definitely pay you.
Everything I mentioned above requires skills and knowledge. If you are a novice, you need to learn; the crypto world still requires some professional knowledge. In this industry, you basically won't make money for 3 years, but when you do, you might earn what others make in 30 years. So it depends on your temperament, whether it's suitable for you, and if you have patience. If you don't have family support, and if there are no people around you who understand you, you might not be able to persist. Therefore, you must first find people who resonate with you.
The opportunities to make a fortune in the next few years are basically in the crypto world. It is impossible to earn tens of millions anywhere else.
I have finished writing, keep it up, an old veteran in the crypto world who only speaks the truth.
If you want to delve deep into the crypto world but can't find a clue and want to learn more, click on my avatar. Don't just come and ask me which coin can make money; I really don't know. I hope our encounter is friendly.
