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

The following are suggestions from Shen Yu, please study seriously.

1. Under $100,000

Learn more, take more action. Brush up on airdrops from core DeFi projects, brush up on the whitelist Mint of popular NFT projects, this stage requires a lot of time to gather information, analyze and research potential projects, and maintain strong execution and perseverance in making gains.

2. $100,000 - $1 million

Do not trade cryptocurrencies with leverage, do not play contracts. On the new public chains and L2, find potential projects according to the time machine principle and acquire chips at a low price; find your own tenfold coin.

3. $1 million - $10 million

Choose your coin-based approach such as BTC or ETH, and study deeply; trade appropriately, do not short, do not short, do not short! Flexibly use low-leverage DeFi lending protocols to improve capital utilization, and you can use platforms like dydx to trade while earning Token rewards.

Observe more, arbitrage more, adhere to a coin-based approach, pursue coin-based growth; do not be greedy to participate in every hotspot, earn every penny, obtain stable cash flow through arbitrage, Staking, etc., maintain a stable mindset, be indifferent, whether wealth can break through, the rest is left to time and industry development.

4. $10 million - $100 million

Once assets exceed a small target, improve family living conditions, read more, exercise more, change personal cognition and social circles, hold onto core assets, pursue low-risk stable appreciation and good cash flow without stepping into big pits. Do not play contracts, do not start a business, be cautious to avoid pitfalls. Maintain a certain amount of coin-based assets to avoid being left empty-handed, and maintain a certain amount of stablecoin assets to obtain stable cash flow. At the same time, be prepared for unexpected situations in life, so that when there is a market crash, you can have funds to buy the dip. Invest 10-15% of assets in the sectors you are optimistic about, so you have something to do, which can also prevent you from making impulsive decisions.

Shen Yu's investment advice is to adopt different strategies based on different asset sizes and risk preferences. His advice can be summarized as follows:

Under $100,000: Learn more, take more action, brush airdrops, brush whitelists, seek potential projects, and improve capital utilization.

$100,000 - $1 million: Do not trade cryptocurrencies with leverage, do not play contracts, find your own coin-based approach, acquire chips at a low price, and find your own tenfold coin.

$1 million - $10 million: Do not short, flexibly use low-leverage DeFi lending protocols, observe more, arbitrage more, adhere to a coin-based approach, pursue coin-based growth, and obtain stable cash flow through arbitrage, Staking, etc.

$10 million - $100 million: Improve living conditions, read more, exercise more, change cognition and social circles, hold onto core assets, avoid stepping into big pits, pursue low-risk stable appreciation and good cash flow, do not play contracts, do not start a business, be cautious to avoid pitfalls, maintain a certain amount of coin-based assets and stablecoin assets, and invest a portion of assets in sectors you are optimistic about.

Strengthen learning, improve cognition, do not fear corrections, any hotspot is an opportunity, opportunities are never lacking, you must strictly adhere to discipline and endure loneliness. Victory will ultimately belong to us! Firmly optimistic, I will continue to increase my position when I have money.