Source: Talk Li Talk Outside
The recent market has been generally boring, but in any market stage, there are ways to make money, and many of these methods are also suitable for ordinary people. You just need to choose based on your personal interests and risk preferences, as well as whether you can invest the time and effort to study, research, and experience them.
For example, in addition to long-term trading or short-term swing trading in the spot market, you can also consider participating in:
1. Airdrop
There have been many Airdrop projects recently, and we have mentioned some of them in our previous articles. It seems that many friends have also achieved good results in this area. But don't be envious of others who have received Airdrops. You don't know that while you are scrolling through social media for entertainment, others are investing a lot of time, energy, and technical skills (such as using batch farming tools) in interacting with various projects.
To put it bluntly, some results are given to those who are prepared and have made efforts in advance, not to those who just wait for others to feed them or expect windfalls to fall from the sky. As for how to participate in Airdrops and the specific methods, there are now many aggregation platforms that have compiled the relevant information, including potential Airdrop projects and corresponding participation guides or tutorials. As shown in the image below.
Alternatively, if you have abundant energy, you can also consider using platforms like X to explore potential Airdrop projects or create your own Airdrop Lists, as shown in the image below.
However, Airdrops not only require time and effort, but also patience. For some projects, you may have to wait for 1 or even 2 years before you have the chance to receive an Airdrop.
2. Wealth Management (including Farming)
If you are not yet familiar with on-chain operations and are afraid of losing or having your assets stolen, you can directly participate in simple wealth management on platforms like BN and OK, as shown in the image below.
However, my personal advice is still the "don't touch if you don't understand" principle mentioned in previous articles. I only recommend you to engage in low-risk wealth management with stablecoins, or consider blue-chip assets like BTC, ETH, and SOL. Don't randomly buy small Altcoins that you don't understand or can't comprehend, in the hope of earning so-called super high annualized returns, as the price drop may be enough to make you suffer.
If you are already familiar with on-chain operations, then the options are much more diverse. For example, you can easily lock in stablecoins and earn around 15% annualized returns by further familiarizing yourself with the Pendle protocol, as shown in the image below.
Alternatively, you can continue to explore on-chain protocols or combinations that offer even higher yields, as shown in the image below. But you also need to be aware of the risks and try to choose protocols you understand or larger pools, otherwise, if the project directly "rugs" or is hacked, your assets may be unrecoverable.
Additionally, when doing on-chain dual-token portfolio wealth management, you may need to pay attention to the issue of Impermanent Loss (IL). These all require you to learn and research on your own, and be responsible for your own wallet. Generally speaking, at this stage, if you can achieve an annualized yield of 20-30% on-chain, that would be considered quite good.
3. Short sale or Arbitrage
I've found that many people have been quite fond of shorting, especially targeting high FDV Altcoins that are about to be listed (or have just been listed) on major exchanges. Of course, whether it's shorting or longing, these operations are relatively high-risk, and the "don't touch if you don't understand" principle still applies.
For example, a few days ago, some friends who shorted the new BN-listed LAYER token seemed to have suffered losses, possibly because Wintermute (reportedly the market maker behind LAYER) did not play by the rules, causing some long positions to also incur losses.
However, some smart friends also took advantage of the high funding rates of LAYER to perform some funding rate arbitrage operations (which can be seen as a kind of delta-neutral strategy). We've introduced the concept of funding rates in our previous articles, and to summarize it briefly: Positive funding rates indicate that the perpetual contract trading price is higher than the spot price, and long position holders need to pay fees to short position holders, which is a cost they may be willing to bear. The reverse is also true.
However, I would like to remind you again that shorting/arbitrage operations need to be considered based on your personal preferences, as many new Altcoins have large volatility, and you may face the risk of being liquidated. If you want to try, use low leverage as much as possible.
In addition to the few methods mentioned above, you can also try some "new coin" type activities, which generally have relatively stable returns. For example, last night (2.14) I found that many friends in the group participated in the myshell activity in the BN wallet. Those with BNB can directly deposit to participate, and those without BNB can borrow BNB from protocols like Venus to participate (Borrow APY is around 3%). Some friends even combined longing, shorting, and depositing to "eat three fish with one net"... Those who participated in this activity basically earned $200-400 in rewards yesterday.
In short, there are always various ways and opportunities to make money in this field, as long as you can calm down and learn and research (don't fantasize about directly "All In" some on-chain meme to become an overnight millionaire). If you focus on 1-3 things and try your best to do better than others, you will be more likely to get results than most people.
After briefly discussing some ways to make money, let's take a look at what else has been worth noting or interesting in the past two days:
- OpenSea denies Airdrop rumors and officially announces the launch of its token SEA
Recently, many people seem to be quite interested in researching the OpenSea Airdrop, and there have been rumors circulating on the internet that KYC is required to claim the Airdrop. However, Devin Finzer, the CEO of OpenSea, clarified a few days ago (February 10) that these rumors are completely false, as shown in the image below.
Although they have been actively refuting and clarifying, OpenSea did launch an experience points system last month, as shown in the image below, which is a mechanism often encountered by those who are familiar with farming. This is one of the reasons why many people speculate that OpenSea may issue a token this year.
And as people had guessed, yesterday (February 13) OpenSea officially announced on social media that they will be launching the SEA token, as shown in the image below.
- Macro Strategy of Crypto Reserve Launched by WLFI Supported by Trump Family
The core meaning of this reserve strategy is that they say they will help the DeFi platform achieve asset diversification, aiming to invest in innovative projects, support ecosystem development and seize new opportunities in the DeFi field. As shown in the figure below.
In fact, we have mentioned WLFI a few times in our previous articles. Today (February 14), they have also bought WBTC and ONDO tokens. As shown in the figure below.
- Orderly Progress of Altcoin ETF Application
First, Cboe BZX has proposed to add staking functionality (i.e. allowing ETH to be staked) to the 21Shares Core Ethereum, making it the first ETF submitted to the SEC that allows staking. As shown in the figure below.
Secondly, the SEC has already acknowledged the spot SOL ETF filings submitted by 21Shares, Bitwise, Canary and VanEck, as shown in the figure below. At the same time, Franklin Templeton has also filed to register the Franklin Solana Trust, which seems to be preparing to join the competition for the SOL ETF.
Analysts say the likelihood of SOL ETF being approved by the SEC this year is 70%.
- CZ Has Too Many Dogs
Around 12 o'clock last night (Beijing time), it seems that many of you didn't sleep, because you were all waiting for CZ to announce the name of the dog, and in the end you got a Broccoli, as shown in the figure below.
Oh no, you should have got a lot of Broccolis, as of the time of writing this article, the number of tokens named Broccoli on the chain has exceeded 7,000 (not including those that have already Rug and run away), as shown in the figure below.
Currently, there are 4 Broccolis recommended in the BN wallet, as shown in the figure below.
And starting today, there have been a lot of questioning voices on the internet, some of which have also exposed some old rat cages or insider trading, as shown in the figure below. If you are interested, you can search for it yourself in X, we won't talk about it anymore.
How to describe it, CZ's this spicy hype, I guess even our grandchildren will have to bow their heads...
Many times, even though we know that a thing may face extremely high risks, we still cannot stop those people who are driven by the psychology of quick money from rushing forward. Finally, it's still the sentence in our article a few days ago: in a liquid market, only by doing a good job of risk and position management can you have a chance not to become the sacrifice of others' exit of liquidity.
That's all we'll talk about today. Last year, we sorted out a lot of content at the methodological level, all of which have been summarized in the e-book "Blockchain Methodology" (Volume 1 + Volume 2). When the market is boring, it is more suitable to calm down and summarize and review the content in the e-book. Readers with patience can consider reviewing and reading more content in the e-book, click here to enter the portal>>
Source of the article: https://mp.weixin.qq.com/s/s-WdW5vDNUQ_GxDYQYS-UQ
