How to Make Money in the Cryptocurrency World?
To put it bluntly, this is a growth path from 'being harvested by the market' to 'taking control of the market.'
Phase One: Making Money by Luck (The Starting Point for Most People)
When you first enter the market, you basically just follow what others say—if they say it’s going up, you go along; if they say to hold onto a belief, you hold on. When the market is good, your account doubles, and you mistakenly think you are great.
But the reality is: money made by luck will ultimately be lost back due to lack of skill.
Phase Two: Making Money by Skill (Beginning to Awaken)
After experiencing losses and setbacks, you start to learn about candlestick charts, fundamentals, trends, and sentiment analysis, you understand how to draw support and resistance, and can formulate plans.
But the problem is: understanding does not equal maintaining a stable mindset; impatience, greed, and fear often defeat you.
Phase Three: Making Money by System (Stable Profit Period)
With your own trading system, actions become systematic: when to enter the market, when to hold cash, and when to cut losses, all have clear rules.
Not chasing hot trends, not blindly following others, turning gambling into probability, making money begins to become stable and controllable.
Phase Four: Making Money by Capital (Institutional Thinking)
At this point, the operating model has completely changed: no longer playing short-term trades, but laying out big trends; not risking full positions, but managing positions in layers; not frequent trading, but letting time help you earn money.
Participating in the primary market, arbitrage, locking positions... capital is making money for capital, not retail investors gambling.
Phase Five: Making Money by Value (Top Players)
Going a step further, you are no longer just a cryptocurrency trader, but a participant in the industry.
Doing projects, investing in projects, building ecosystems, operating nodes... no longer picking up money at the edge of the market, but 'creating faucets' within the market.
The wealth earned comes from the growth of the entire industry, not from short-term fluctuations.
In the cryptocurrency world for ten years, I have seen countless come and go,
Those who truly grow from retail investors to players have never relied on luck, but rather recognized this growth path.