Make or Lose $1 million in just one day in the crypto market

CryptoLola
Coinmonks
5 min readJun 14, 2024

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Every time a popular project airdrops, someone will post a message to express their gratitude for their continued efforts, the project’s vision, and the opportunity to get rich quickly brought by the crypto market.

This time, the ZKsync airdrop was launched, and the market was particularly quiet. There was no story of getting rich quickly, but only questions of “rat warehouse” and “unfairness”, as well as abuse and unwillingness.

Many teams have invested a lot of energy and continued to interact with the ZKsync ecosystem, but the airdrop income is zero, and a lot of gas has been wasted.

What’s more depressing is the loss of other opportunity costs, because of the focus on interaction, inscriptions and runes were missed, MEME was missed, and other opportunities were missed.

This is a failed investment, but the market is so full of uncertainty, no airdrops, no income.

A large number of 0 tx addresses received zk airdrops

But there was also a player who, as a real user, used the defi products of the zksync ecosystem, and 2 accounts received 80,000 ZK airdrops, which was also an unexpected surprise.

Some real users’ interactions may get additional airdrops, but the road is getting narrower and narrower for full-time hair-pulling studios.

Some people say that the money in the crypto market is blown by the wind, but if you choose the wrong direction, there will be no good results.

Some people abuse and boycott zk, but it is useless. Instead of continuing to waste emotions and mentality on zk, it is better to find the next target and ambush new opportunities.

A user sorted out the projects that have not been airdropped

A group friend has been very depressed these two days. He was blown up in the contract.

He invested 90,000 US dollars before and after, and the account balance once reached 450,000 US dollars. He felt that he had won many battles, but he recently opened the wrong direction and one order was zero.

It is easy to make money in the process of playing contracts. If you open the right direction, your life will reach the peak; if you open the wrong direction, you will go back to the pre-liberation period.

BITCOIN

Today I also saw a big guy on Twitter who sold his Twitter account and accumulated the principal again.

The account was registered in 2020, and has posted 10.6k tweets and accumulated 165.2K followers. It is indeed a pity to sell it, but the decision was also made after weighing.

Looking through Twitter, I learned that he was blown up in the contract. He made a lot of money in the last round of bull market, but the contract is a bottomless pit. If the account is blown up, it will be completely zero.

I met this big guy offline last year. He looked very energetic and hardworking. I had more than 1k Twitter followers at the time. After I introduced myself, he followed me immediately.

Unexpectedly, in less than a year, he stood back to the starting point and accumulated capital again. I hope he can get up as soon as possible. After all, there is no shortage of opportunities in the crypto market.

Contract explosion

The crypto market is a 7*24-hour non-stop transaction, which accelerates the speed of profit and loss.

In the past, it took a lifetime, decades, or years to make 1 million. Now it may be a contract order, a local dog, or an air coin. Ten-fold and 100-fold opportunities can also be encountered.

The crypto market gives many ordinary people a brand new opportunity to accumulate wealth.

Some friends around me have entered the circle for a few years and earned the income of the previous ten or twenty years. The currency circle has brought a brand new perspective and method.

Some people really hold 100 BTC and 2000 ETH. The discount is a huge fortune, easily surpassing relatives and friends around them.

The crypto market made him stand out and brought huge benefits.

Friends of time have huge benefits

At the same time, the crypto market has greatly accelerated the speed of losing money. Contracts have been liquidated, wallets have been hacked, assets have been stolen, and the balance has returned to zero in an instant.

There are also some friends who were originally free of wealth. After the baptism of the contract, they have successfully returned to poverty and started a business again.

Some players have little capital and want to double it quickly, increase leverage, and rush all kinds of local dogs. Most people just lose it silently and are completely cannon fodder.

What you earn by luck overnight will be lost by strength again.

Wallet stolen

Any market has specific rules, and any industry is also the 28th law; sometimes fast is slow, and playing the long-term game will not be abandoned by the market and can laugh to the end.

Respect the market, fear the market, and abide by the rules.

The above is just my personal opinion, no investment advice. I am CryptoLola, I am paying attention to the crypto market and web3.

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CryptoLola
Coinmonks

I am a content creator, a self-media. I mainly focus on NFTs, Metaverse, Blockchain, etc.