Shenyu, the founder of cryptocurrency companies Cobo and F2pool, explained how a thousand dollars can be turned into a hundred million dollars.
Shenyu shared his remarkable investment strategy with his followers. Explaining the path from a thousand dollars to a hundred million dollars, the experienced name focused on four important stages.
Firstly On the way to turn a thousand dollars into 100 thousand dollars Stating that the investor should spend more time improving himself and taking frequent action, Shenyu said, especially DeFi And NFT airdrops He emphasized that he could play an important role in completing this stage:
Participate in airdrops of core DeFi projects and presales of popular NFT projects. At this stage, it is necessary to spend a lot of time collecting information, analyzing, researching and evaluating potential projects. Execution must be strong and perseverance is required for airdrop hunting.
He stated that investors should be more careful if the level exceeds 100 thousand dollars and emphasized that leveraged transactions should be avoided after this point. Shenyu, From 100 thousand dollars to 1 million dollars Investors on the way Projects with 10x potential He pointed out that he needed to explore and discover:
Avoid futures trading at this stage. On new public chains and L2, find potential projects according to the time machine rule and buy tokens at low prices; find your own 10x coin.
In the third stage, on the way from 1 million dollars to 10 million dollars, investors Bitcoin (BTC) And Ethereum (ETH) The founder stated that he needed to find a flagship such as a low-leverage company to increase capital use. DeFi lending He emphasized that he could benefit from the platforms
While reminding that arbitrage will also leave a significant profit, especially at this stage, Short positioning should be avoided underlined:
Choose your base coin: Bitcoin or Ethereum. Do in-depth research at this point; trade appropriately, don’t short, don’t short! Flexibly use low-leverage DeFi lending protocols to increase capital utilization. Platforms like Dydx can be used to trade while receiving token rewards. Observe more, arbitrage more, pursue token-based growth; arbitrage, staking, etc. to get stable cash flow, maintain a stable mindset, face it calmly. Move through. Don’t chase every penny.
In the final stage From $10 million to $100 million on the road to low-risk, stable value and without falling into big traps He noted that pursuing good cash flow will be important. After this point personal and spiritual development He wrote that it would be necessary to proceed cautiously by developing more important concepts such as:
Shenyu, who repeated his warning that leveraged transactions should be avoided at this stage, closed with the following sentences:
When assets exceed $10 million, improve your family’s life, read more, exercise more, change your personal perception and environment. Hold the underlying assets, pursue stable appreciation with low risk, and good cash flow without falling into major pitfalls. Avoid leveraged trading and be careful to avoid pitfalls. To avoid vacancies, hold a certain amount of coin-based assets. Hold a certain amount of stablecoins to get stable cash flow. At the same time, deal with emergencies in life and have bullets to buy dips during crashes.