The biggest bull run in cryptocurrency history has just begun. There are many people making money, but few people talk about how to maximize their profits. If your goal is not just 2x earnings, but 50-100x, then you can't miss the following.
If you manage to buy Bitcoin and Ethereum at low prices, you can make 2-10x in a bull market. That's cool, but if you don't have much money, it's not enough. You start with $1000, what’s the use of 2x? You can't feed a family on it. Here I will share ways to really make money.
Note: This is not a one-size-fits-all formula, and I’m not going to give you any detailed how-to guide for getting rich. However, I will share the best ways to make as much money as possible, especially with a portfolio under $10,000 where you have a chance of making 100x.
Let's start with the basic rules:
If you have a heavy life, don’t invest all your money in cryptocurrencies
Sell old, dead altcoins and clear out junk from your portfolio
If you have a larger fund, place your main positions in Bitcoin and Ethereum, and never trade altcoins
You'll need at least some capital to get started, and if you're broke, here are some ways:
Zero cost airdrop
Free NFT mints
Working in the Web3 Industry
ambassador program
None of these cost anything, and with them you can build up your initial capital.
If you already have over $1,000, it’s time to start the real planning.
It's not enough to just buy tokens like everyone else. In order to outdo others, you need to do something special. See everything from a different perspective, look for directions that no one understands, and discover unknown narratives early. You can only make a lot of money in a field where there is no competition.
I make a lot of money because I don't follow the crowd; I'm in the market 24/7 and will always be one step ahead of everyone else when I enter any field. The most important thing is: I found my niche - ICO/IDO.
At the time, all token sales had 5-100x returns, and I was one of the first people to start signing up for the sweepstakes, and I signed up 300 accounts to participate, not just one.
But it's not just what I do..The key takeaway is that to achieve 100x+, not by luck, but by skill, you need to get ahead of everyone else early.
Here's what I recommend you dig into and pick the one most profitable area to focus on:
airdrop
small cap coins
node
ICO/IDO
ambassador program
Liquidity Mining Strategy
airdrop
Airdrops are the hottest topic and you can still make a lot of money from them. I made most of my own capital here.
I wrote a tweet introducing airdrops that will help you understand your chances of going from zero to making over $100,000 with airdrops.
small cap coins
My 130x gain in the last bull market was achieved through small-cap coins.
These tokens have low market capitalization and you don’t need a lot of capital, but precisely because of their low market capitalization they have great potential (and also higher risk)
Here is the complete guide on how to start trading small-cap coins: https://twitter.com/ardizor/status/1734196300336484755
Running node
One of the best ways to gain greater capital by running a node, examples of node airdrops include:
SOL: $500,000
MINA: $80,000
TIA: US$20,000-100,000
GRT: $25,000
The numbers above are just the return for one node (cost is about $20/mo), but you can run multiple nodes.
Here are 8 projects that can operate nodes.
Contrary to popular belief, you don't need to have expert programming knowledge; basic computer skills are enough.
However, despite this, there are still some details you need to know in order to successfully run a node.
Token sale
This approach has been very popular during the past two bull markets and is likely to continue into this one.
However, there are also many scams, so it is crucial not to invest blindly but to be good at analyzing projects.
Here is my guide.
ambassador program
Some projects’ airdrops to community ambassadors are huge:
GLMR: $40,000-$80,000
GFI: USD 2,000-20,000
CQT: $100,000
With that potential in mind, ambassador programs remain attractive… so here’s your guide to them.
Liquidity Mining Strategy
You won’t get 100x returns just by yield mining, but it’s a great way to grow the coins you already hold.
During a bull market, you can often achieve 1000% APY on a coin that is already growing.
But it is necessary to know how to properly construct a revenue strategy.
