Shen Yu, whose real name is Mao Shixing, is known in the circle as 'Seven-Colored Fairy Fish', and he is a post-90s individual. He entered the digital currency field in 2011, and by 2013, at the age of 23, he chose to drop out of graduate school and established one of the earliest Bitcoin and Litecoin mining pools, F2Pool. This mining pool has gradually developed into the largest comprehensive mining pool in the world. Shen Yu is a tech geek with a deep understanding and passion for blockchain technology. He has previously written many tutorials, leading many early domestic miners to participate in related affairs.

Here are the suggestions from Shen Yu, study carefully.

1. Within $100,000

Learn more, take action. Brush the airdrops of core DeFi projects, brush the whitelists of popular NFT projects. This stage requires a lot of time to gather information, analyze and research potential projects, and execution must be strong, persistently harvesting profits.

2. From $100,000 to $1 million

Don't leverage trading, don't play contracts. On new public chains and L2, find potential projects according to the time machine rule, acquire chips at low prices; find your own ten-fold coin.

3. From $1 million to $10 million

Choose your coin-based assets like BTC or ETH, and research deeply; trade appropriately, don't short, don't short, don't short! Flexibly use low-leverage DeFi lending protocols, improve fund utilization, and platforms like dydx can be used to trade while also receiving token rewards.

Observe more, arbitrage more, stick to coin-based principles, and pursue growth in coin-based assets; don't be greedy to participate in every hotspot, earn every penny, obtain stable cash flow through arbitrage, staking, etc., maintain a stable mindset, and let time and industry development determine whether wealth levels can break through.

4. From $10 million to $100 million

Once assets exceed a small target, improve the family’s living conditions, read more, exercise more, change personal cognition and social circles, hold core assets, and pursue low-risk stable appreciation and good cash flow without stepping into big pits. Don’t play contracts, don’t start a business, avoid pitfalls. Maintain a certain amount of coin-based assets without being empty-handed, and maintain a certain amount of stablecoin assets for stable cash flow. Also, be prepared for unexpected situations in life, so that you can buy the dip during a crash. Invest 10-15% of assets in promising sectors to keep yourself occupied and also prevent impulsive actions.

Shen Yu's investment advice varies according to different asset scales and risk preferences, adopting different strategies. His advice can be summarized in the following points:

Within $100,000: Learn more, take action, brush airdrops, brush whitelists, find potential projects, and improve fund utilization.

From $100,000 to $1 million: Don't leverage trading, don't play contracts, find your own coin-based assets, acquire chips at low prices, and find your own ten-fold coin.

From $1 million to $10 million: Don't short, flexibly use low-leverage DeFi lending protocols, observe more, arbitrage more, stick to coin-based principles, pursue growth in coin-based assets, and obtain stable cash flow through arbitrage, staking, etc.

From $10 million to $100 million: Improve living conditions, read more, exercise more, change cognition and social circles, hold core assets, avoid big pitfalls, pursue low-risk stable appreciation and good cash flow, don’t play contracts, don’t start a business, avoid pitfalls, maintain a certain amount of coin-based assets and stablecoin assets, invest a portion of assets in promising sectors.

Strengthen learning, enhance cognition, don't fear corrections, every hotspot is an opportunity, opportunities are never scarce, be disciplined, and endure loneliness. Victory will eventually belong to us! Firmly optimistic, if I have money, I will continue to increase my position.