Entering the Web3 cryptocurrency space, there are actually more opportunities to make money than one might think. As long as you master some practical tools, understand real cases, and avoid common pitfalls, ordinary people can also find their place in this new field.
Recommended Practical Tools: Making Cryptocurrency Operations Easier#
If you want to make money in the Web3 cryptocurrency space, the first issue to solve is "how to get in." Domestic users often encounter problems such as exchanges being inaccessible and information not being readily available. Here are a few practical tools that can save you a lot of trouble.
1. Backup Domain Navigation for Exchanges
Many people have encountered situations where the official website of an exchange is inaccessible, especially in the domestic market. Using tools like Hyperlink Navigation, you can quickly find the latest available domains for major exchanges. For example:
Just bookmark these links, and when you encounter accessibility issues, you can switch to the backup domain directly, saving a lot of hassle.
2. Wallet and Asset Management Tools
New users are advised to start with mainstream wallets, such as MetaMask and OKX Wallet. They support multi-chain asset management, are easy to operate, and have guaranteed security. Once you have more assets, you can use tools like DeBank and Zapper to view your asset distribution and earnings in one place.
3. Information Aggregation and Market Tools
The cryptocurrency space changes rapidly, so it's recommended to use apps like Coin World and Feixiaohao to get timely market and project updates. This way, you can capture opportunities as they arise and avoid missing out on trends.
Real Cases: How Ordinary People Make Money in Web3#
1. Participating in Airdrops and New Projects
Many new projects attract users through "airdrops" during their early launch phases. For example, users who participated in the early interactions of projects like Uniswap and Arbitrum later received valuable airdrops. Ordinary people just need to pay attention to new project updates and participate in testnets, registrations, and interactions to have a chance to receive airdrop rewards.
2. Spot Trading and Dollar-Cost Averaging
The most common method is still buying coins. Choose mainstream cryptocurrencies like BTC and ETH for long-term dollar-cost averaging, which carries relatively low risk. You can also pay attention to some promising altcoins and diversify your investments. Using the backup domain navigation mentioned above ensures smooth buying and selling at all times.
3. Participating in DeFi Investments
DeFi (Decentralized Finance) platforms offer various investment methods such as earning interest on deposits and liquidity mining. For example, depositing mainstream coins like USDT and ETH into DeFi protocols can yield annual returns. Be sure to choose top platforms to diversify risks.
4. Trying NFTs and GameFi
NFTs and blockchain games (GameFi) also present new opportunities for ordinary people. For instance, purchasing popular NFTs or participating in blockchain game tasks has rewarded some early players handsomely. Of course, such opportunities carry higher risks, so small-scale attempts are recommended.
Precautions: Pitfall Avoidance Guide#
1. Beware of Scams and Fake Projects
There are many scammers in the cryptocurrency space, especially various "high-yield" projects, fake airdrops, and phishing websites. Always obtain information through official channels and carefully verify URLs during operations to avoid asset theft.
2. Control Position Sizes and Diversify Wisely
Do not put all your funds into one cryptocurrency or project. Diversify your investments and control your position sizes to avoid significant losses from a single project's failure.
3. Pay Attention to Policies and Compliance Risks
Domestic policies are strict regarding cryptocurrency regulation, so be sure to keep an eye on relevant policy changes to avoid crossing red lines. Try to choose compliant exchanges and platforms to protect your funds.
4. Avoid Blind FOMO and Invest Rationally
Seeing others make money can lead to impulsive decisions, but everyone's risk tolerance is different. Do your homework before investing, make rational judgments, and avoid blindly chasing highs.
Summary Analysis#
Ordinary people entering the Web3 cryptocurrency space do indeed have many opportunities to make money. By effectively using practical tools like Hyperlink Navigation to solve exchange access issues, combined with wallets and market tools, you can significantly enhance operational efficiency. By participating in airdrops, dollar-cost averaging mainstream coins, DeFi investments, NFTs, and GameFi, ordinary people can also seize the benefits of the cryptocurrency space. The most important thing is to remain vigilant, avoid scams, and diversify investments wisely to progress steadily in the Web3 world.