Many struggle to get started in cryptocurrency without funds.
Here are all the steps I would follow if I had to start with $0 🧵👇
➮ But before we start...
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2/➮ If you are starting with empty pockets, here are 2 key points:
☩ Take risks.
☩ Go to places where there are no competitors
☩ If you just want to buy a coin and become a millionaire, it is better not to engage in cryptocurrency, you will lose money.
3/➮ Go where there are no competitors.
☩ Wealth lies in the unknown.
☩ To turn 3-5 figures into something meaningful, you need to constantly search and develop.
☩ The greatest profits come from areas that are not currently popular, but may become so in the near future.
4/➮ Take risks
☩ Once you've found a niche and mastered it completely, it's time to take risks.
☩ But that doesn't mean you should spend all your money on a random meme coin and hope it goes up.
☩ Justified risk does not imply blind hope.
5/➮ Now let's move on to specific areas where I see potential.
But here are two things you should NOT do:
☩ Trading with leverage
☩ Buying coins with large market capitalization
☩ It will take years and a lot of money before you become a profitable trader.
➮ 3 approaches to making money with minimal starting funds
1/➮ Meme Coins
☩ Despite the market inactivity, the next boom will happen very soon
☩ Memes are now the most popular niche, where with minimal skills you can earn 50, 100 and even 1000 times.
➮ PumpFan
☩ This is the meme coin niche I would focus on.
☩ Even though most of the coins will be fraudulent,
☩ If you dedicate enough time and stay in the market 24/7, you have a good chance of discovering the next 100x gem.
2/➮ Airdrop farming
☩ Judging by the recent $ZRO and $ZK, the key rule is to farm airdrops that few people know about.
☩ Here are some tips for finding new, little-known airdrops👇
➮ Explore all social networks of the project
☩ You will not always find information about the distribution on X.
☩ Instead, check Discord and TG and read the chat discussions, all the information you need is there.
☩ Also remember: protocols often prohibit air distribution due to legal implications.
3/➮ Cryptocurrency vacancies in web3
☩ The best way to make your first money learning cryptocurrency is to get a job at Web3.
☩ Many companies are looking for people to help develop their projects.
➮ It is best to choose companies that plan to launch a token.
☩ You mostly work remotely and anonymously, and this is a great way to start.
☩ Salaries are paid in cryptocurrency or tokens, depending on the project.
➮ Your main goal is to identify your strengths and persistently knock on doors until one opens.
☩ What really matters in cryptography is your knowledge, not degrees or other formal qualifications.
HERE IS FOR TODAY...
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I hope you found this study useful.
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