How do people like us, who started with $0 in web3 over a few years make a small fortune? That is the question, and this article will give you the answers. My name is Splashy, and welcome to the 1%.ā
Almost every project will cook if you can enter the top 3 on the leaderboard.
BACK STORY
I bought my first piece of crypto in 2013 and sold it a few days later for 2x profit. That was my introduction to crypto, I didnāt understand it, but it was something that could catch on.
My first taste of crypto money was exciting, I was hooked, I started researching crypto to understand it more, and I learned about altcoins, and their incredible potential to moon hard [do 100x plus].
Eventually, at the top around 1300, I bought plenty of Bitcoin Cash with money I couldnāt afford to lose.
Bitcoin Cash never reached that all-time high again. Five years later, I sold BTC Cash at a loss. I lost interest in crypto for a while and decided to seek my fortune elsewhere.
I got a job, worked hard at it, and saved up a bit, but quit cold turkey because I was losing my mind. The hours were bad, and we worked based on a roster so I couldnāt define my time or hang out with friendsā¦
While searching for an alternative to this lifestyle, I settled again on crypto and started learning how to trade, trading was fun and quite profitable for me, but the profit was little because I didnāt have much capital to trade with.
If itās so easy to make money trading, why the fuck am I working so hard for it? I set out to build my trading capital.
ALPHA 1:- CAPITAL IS THE TRUTH
To make decent money from anything, you need money to start with or plenty of time, you canāt escape this ā¦call it the iron ruleā¦you either spend money or time.
In 2023, I went all in on crypto, trading, farming airdrops, NFT free mints, and degen trading.
I tried every single area I heard about (still doing that). I made a decent amount of money and moved to a cheaper country to reduce my living expenses.
Iām not there yet, but damn, I feel close.
Enough of the backup story I know youāre dying to know how to make 100x from crypto and earn consistent income from crypto, but here it is, straight from my heart with no filters.
BUILDING YOUR CAPITAL IN CRYPTO FROM 0$
Firstly, you need to pick a niche, airdrop farmer, investor, creator, free mint hunter, or degen trader, choose one.
Secondly, understand your place in your niche, in this space everybody needs everybody. Projects need people, and they incentivize them by organizing airdrops.
Understand your unique position and start where you are, some methods of making money are harder than others, but you can start from where you are right now.
Stage 0: you have zero capital: start farming airdrops or free mints or get a mod job: focus mf, donāt dilly dally -> your goal here is to raise capital and move to stage 1.
Stage 1: you have 10k capital: start trading full-time or content creation full-time, in my case, I do both.
Stage 2: 500k+ plus, become a micro investor, keep trading, keep creating content, and add value to the community that made you and crypto at large.
STAGE 0 to 1
If youāre at stage 0 looking for that 10kā¦itās easy but, itās going to take time.
Find an airdrop or free mint that can give you a potential 100 USD, and do it 100 times.
Alternatively, find an airdrop or free mint that can give you 1000 USD, and do it 10 times.
Easy right? EASY AND HARDā¦.because nobody fucking knows which airdrop is going to cook hard, and doing everything you see on your X (Twitter) timeline is a recipe for burnout.
ALPHA 2:- RESIST THE URGE TO DO ALL
Every airdrop cooks hard, but not for everybody, you want to participate in airdrops only when you can cook hard, getting to the top 100 in 2 airdrops campaigns is better than being top 10k in 10 airdrops.
After starting, if you sense that you canāt make it to the top 100, ditch it asap, and keep searching for the one.
When you are in the top 10 of any project, fade everything else and focus hard till you get your goal.
I tried everything, at one point I was farming 170+ airdrops at once, my daily task alone across all accounts took the whole day, and when the projects I was farming released a new task It took me days to catch upā¦ tough times.
Doing everything just doesnāt work. I get a little 100 USD, some 300 USD, a few 1k, and plenty 10ā50 USDā¦ after farming for monthsā¦not good.
Save yourself the trouble, and resist the urge to do all.
Conclusion: Iām going to help you move from stage 0 to 1. Finding Alpha is a full-time job.
Reading and understanding tokenomics and whitepaper is a skill newbies learn over time, before you learn to do your research (DYOR), Iāll help you with your homework.
This is my promise to you, expect cooks and alpha from me, follow me on x @splashy_effort, send me a dm, and drop your thoughts below.
Yourās in crypto,
splashyš§©
SUMMARY:- steps to 100x
Want more good stuff like this? Follow me on x @splashy_effort
PS: I pinned this post on my x account to remind myself to work only on things where I have an edge, you should do the same.