Blockchain industry, how can an ordinary person make money in it?

Blockchain is a new technology. The reason why it quickly attracted people's attention is that Bitcoin's surge in 2017 quickly attracted the public's attention. The underlying technology of Bitcoin is mainly blockchain technology.

In the world of blockchain, there is nothing new.

There is nothing new under the sun

Technology is technology, and tokens (previously translated as "tokens") are tokens. Tokens are an inevitable product of the blockchain network. It represents the technical application, implementation direction and potential value behind it. Also known as "digital assets".

How to make money in the blockchain industry? I carefully analyzed and sorted out the information on the currency chain and summarized it as follows:

1: Obtain more digital assets through mining and other methods. It can be "mining", it can be "private placement" exchange, or it can be "ic-o". There are roughly the following forms, and the purpose is to increase the number of digital assets in your hands. Then when the price is stable, relatively speaking, you will make money.

2: Tun coins, speculate coins. Make reasonable use of the time factor to earn the price difference from the increase in the price of the digital assets in your hand. Buying low and selling high is similar to the operation of the secondary stock market. For example, if you buy when the price of Bitcoin is low and sell when the price of Bitcoin is high, you can earn the RMB price difference and achieve profit in the simplest way. At present, the mainstream trading markets have moved abroad, and most of the digital currency transactions based on Bitcoin are currency-to-crypto transactions. The channels for legal currency exchange are becoming fewer and fewer and more and more hidden. Participating in this link requires a certain degree of professionalism. Tuning coins looks at long-term profits, while speculating on coins looks at short-term profits.

3: Provide transaction intermediary services. When a new technology or new product first appears, there is room for profit by popularizing information, or using information gaps to act as an intermediary. Do you remember that famous example? There was a famous "gold rush" in the history of the United States, which attracted many people who dreamed of getting rich overnight to go gold mining. Gold mining may make you rich overnight, or you may get nothing. And smart people provided food and water for the gold diggers on their only way. These people were called "water sellers", and they obviously made a sure profit. The blockchain gold rush is madly attracting countless ordinary people, and has also created many media companies and consulting platforms in the blockchain industry.

4: Issue coins. Ordinary people can also use the Ethereum network to issue their own erc20 tokens through simple learning. Small companies with technical teams can gather the strength of the technical team to develop more complete blockchain applications, thereby issuing corresponding tokens and raising money through private placement or crowdfunding. Gain huge amounts of wealth in this way. The founder of the famous Tron, Justin Sun, was born in the 1990s. TRON was launched and within a few months, it had a market value of 100 billion. It can be said that you make a lot of money.

5: Build a community and collect membership fees. The so-called community, in the world of Internet people, is called a community. The speed at which the currency circle builds a community is that it travels thousands of miles and gains hundreds of groups every day. Many people gather people to form groups in chat software such as WeChat and constantly post promotional information about various blockchain projects. This information is both mixed and highly overlapping. It’s overwhelming. The ultimate goal of most people who do this is not to collect membership fees, but to lead people in the group to invest in a certain blockchain project and earn intermediary fees or token rewards.

6: Build exchanges and other trading platforms. The myths of sudden wealth of young start-up companies represented by those born in the 1980s, such as "Huobi" and "Binance", have refreshed people's understanding time and time again. If there is discussion, there will be transactions, and if there are transactions, there will be fees to earn.

7: Futures trading. Bitcoin has launched futures trading. There are some foreign futures companies that can provide account opening and information consultation. Some currency-to-crypto exchanges, such as dew, huobi.pro, etc., also provide short-selling services. It is essentially a futures trading. In addition, there are some platforms for leveraged trading on the market. On their own foreign exchange margin trading platforms, they provide trading of btcusd currency pairs. The leverage is high, and the profit possibilities and risks are magnified hundreds of times.

8: Register to receive "candy" for free, and the token itself has the property of business points. Many technical teams have taken advantage of this and launched some small projects where you can receive candy by registering. Each project has different cycles and you can receive "candy" rewards or "mining machine" rewards. Strictly speaking, this type of project is not a blockchain project, but this type of project fills the entire currency circle. Many people use their free time to register on the platform and can earn tens of thousands of extra income every month, which can be regarded as a trap for market speculators.

9: Application development. Those who have certain development skills and seriously study blockchain technology can develop blockchain applications. Finding a clear positioning for an industry, trying to use blockchain to rewrite the rules of the game, and developing distributed applications dapp are the directions for the implementation of blockchain technology. At present, there are not many teams with development capabilities in China, but projects produced by technical teams with real talents and knowledge are generally very well supported and liked by funds. The secondary market also generally performs well.

10: Technical training. In the early days of the blockchain market, many people did not understand what blockchain was and how to participate in blockchain investment or technology development. This will inevitably give rise to the emergence of training companies. Some domestic blockchain enthusiast alliances, blockchain technology teams, blockchain investment institutions, etc. have begun to provide such technology popularization and information services.

11: Carefully study certain blockchain applications and earn token rewards corresponding to the blockchain applications within their systems. At present, some blockchain applications have been implemented and successfully run. The fundamental difference between blockchain projects and Internet projects lies in their complete reward mechanism. Customers are generally rewarded in the form of tokens. This reward itself can be sold for profit.

Everyone’s situation is different. If you want to participate in blockchain gold mining, you can refer to the above ways to make money, choose different paths according to your own situation, and make money with hard work and wisdom.