Exclusive interview with Bitget Builders: How to become a crypto co-builder during the bear market?
Original source: Bitget
From industry thunderstorms to liquidity crises, the global encryption industry has fallen into a bear market predicament. And every crisis is also an opportunity. The arrival of the encryption winter has pressed the slowdown button for the development of the industry. It not only brings opportunities for industry veterans to recharge their batteries, but also provides new opportunities for the influx of newcomers. With the previous development of the Web3 concept and the breakthrough of encryption technology, talents and investors from all walks of life have paid attention to the encryption industry, and how to transform from an industry newbie to an industry co-builder has become a concern. One of the key points.
In order to help everyone solve their worries, Bitget invited five Builders for exclusive interviews to learn about the stories behind them and share topics such as their entry into the industry, industry experience, how to avoid risks, investment skills, and why they chose to become Bitget Builders.
The 5 interviewees specialize in different fields in the industry, such as content creators, focusing on ecological interaction, super nodes, traders, designers, etc., to help crypto enthusiasts better understand the overall picture of the crypto industry.
Q1: How did you enter this industry, and what kind of opportunity did you choose to focus on this track?
Raising coins to support the family: Bitget Builders, specializing in ecological interaction
I used to be an IT developer for a major Internet company, so I can quickly integrate into the Ctypto industry. Most people start out by trading Ctypto Tokens. I am no exception, and we are still entering the 21st bull market; in In life and work, we are all likely to meet our own noble people or guides. When I first entered the industry, I met a good brother, Jerry, who led me to interact with some ecological projects. Since then, I have gained very considerable profits; I have learned about this industry. There is a huge opportunity to fight big with a small one and grow wealth quickly, laying the foundation for the current focus on the development of the interactive track.
Sapling: Bitget Builders, content creators
Since college, I have loved traveling and writing. Every time I travel, I will update what I hear, see and feel on the Tianya forum, and I was once the popular version of the Tianya forum. The Tianya Forum added a new blockchain Odaily section in 2018. After posting content, fans can like and comment to mine TYT points, which can be traded on a very old encryption exchange.
Although Tianyas blockchain reform is not pure, this is the first time I have come into contact with the concept of blockchain. I also have some preliminary understanding of blockchain, Bitcoin, decentralization, etc. After insisting on updating Tianya for more than a year, tens of millions of TYT points have been dug up.
Output forces input. In this process, I read and learn a lot of relevant content every day, deeply understand the principles and mechanisms, keep up with industry trends, and have a deeper understanding and knowledge of blockchain.
Until now, after experiencing many darkest moments in the encryption industry, Tianya, Bihu and that old exchange have all fallen in the changes of history and become the tears of the times. But I have always believed in the future of the encryption industry and never left, whether it is the past, present or future.
Shenyin: Bitget Builders, Super Node
This industry started to rise in early 2016-17, and I entered the market at that time. Although there were small games in 2014-15, the group at that time was still biased toward Ponzi. Later, I found that the industry was starting to become formalized and saw the future prospects. stuck in. I like being a hipster.
Currency market analysis: Bitget Builders, intraday short-term traders
I used to be engaged in traditional Internet mining machine projects, came into contact with blockchain transactions, and then began to slowly enter this track. I have always insisted on the blockchain track because I have seen people around me change their class by joining the blockchain. I was in a group with Real Madrid and He Yi before, and I saw these people realize the freedom of wealth in the currency circle. When on-chain DeFi was on the rise, through stablecoins, on-chain staking mining, and band chain banditry, good friends who used to play together around me achieved wealth accumulation and completed a turning point in life. It has strengthened my confidence in developing and persevering in this industry.
Master Zhong: Bitget Builders, Senior Designer
In 2021, it was a big bull market at that time, and projects in various sectors performed very well, and the prosperity of some projects brought unlimited imagination to the industry. GameFi had high hopes and was generally optimistic at the time. I also started to get in touch with web3 from chain games.
Q2: We all know that the encryption industry is full of opportunities to get rich, so what is the most rewarding project you have participated in, and how did you discover it?
Raising coins to support the family: Bitget Builders, specializing in ecological interaction
I have participated in hundreds of projects, and the gains have been big and small, and some have been rejected; if I want to say that the project with the biggest gains is definitely Aptos, the opportunity to be an L1 star public chain is visible to the naked eye. At the very beginning We have built the Aptos Chinese community. As of the airdrop stage, the number of community members has reached more than 8,000. It is also one of the communities in the Chinese community that has received the most Aptos airdrops. Personally, I have gained A 7, which will help me continue to develop the track in the future. provide a strong economic base.
Saplings: Bitget Builders, Content Creators
One day in April 2020, I happened to watch a live broadcast on Bihu, which was about Kava. At that time, it was the eve of the bull market, the layout of the public chain had just begun, and the initial stage of DeFi had sprouted in Ethereum. I had a comprehensive understanding of Kava on Kavas official website, official tweets and other channels, and realized that this might be an opportunity.
I resolutely exchanged all the Tokens I obtained on content platforms such as Bihu and Cailu into KAVA. The average cost at that time was around 0.35. With the advent of the bull market, DeFi Summer is in full swing, the concept of Web3 has been brought up again, and new things such as NFT, GameFi, and Dao continue to push the market to its peak.
When the entire market is in a frenzy, it is time to calm down. 707 is my house number and my lucky number. I put KAVA at 7.07 U and all the deals were made. This is the first 1 million I earned in the currency circle.
Shenyin: Bitget Builders, super nodes
The one that impressed me the most was Luna. When it fell, it discovered its irresistible and reversed death spiral mechanism, so it boldly made a profit of about 200,000 dollars. In the end, after the unstoppable decline, I led everyone to buy bottoms, and the next day it was directly 500 times. I also made hundreds of thousands of dollars.
Currency market analysis: Bitget Builders, intraday short-term traders
The most rewarding project was the algorithmic stablecoin mining project. At that time, the algorithmic stablecoin mining of the Eth chain had just ended, and it caught up with the algorithmic stablecoin bag project of the Huobi chain. At that time, the public chain was rising, and the capital participation was very high. High, caught up with the bonus period.
Master Zhong: Bitget Builders, Senior Designer
The biggest gain was from the GameFi project Axieinfinity. At that time, GameFi ecological dividends and leading projects all had very good profits. I spent a lot of time active on Twitter, mainly getting information from Twitter and following some domestic and foreign Degens. Mining information to filter and then follow up after doing your own research.
Q3: High risks and high returns coexist, so which project has you suffered the most losses from? How can we avoid the risks?
Raising coins to support the family: Bitget Builders, specializing in ecological interaction
I interacted with a very high-quality project as early as 2021. At that time, I interacted in batches and had nearly 300 accounts. I didn’t pay much attention to the number of interactions at that time. Then the airdrop standard announced 10+ transactions, and the difference between each account was only 1 to 2 transactions. It was a pity to fail due to the number of transactions and miss out on nearly a million dollars in profit. At that time, I didn’t spend enough energy and time, and I didn’t strictly treat each account as a real user to interact and experience the project. I just played for the sake of playing, and ended in failure;
Saplings: Bitget Builders, Content Creators
In November 2021, a senior who I trust very much told me about a token called NFT. He said that Justin Sun’s projects will all be listed on Binance, and NFT will soon be listed on Binance. By then, it will be appropriate to start at 50 times.
Based on the principle of caution, I only bought 1,000 USDT for the first time. But my seniors were quite optimistic about NFT and kept describing to me a starting point of 50 times. Based on my trust in my predecessors and blind confidence in the market, I ended up investing $30,000 directly. As you can imagine, when the meat was cut, there was only 3,000 knives left.
This experience made me depressed for a long time, and I also conducted an in-depth review and update of my trading system and trading philosophy.
1. Don’t blindly follow other people’s suggestions, especially those with FOMO. The market is unpredictable, and other peoples suggestions are only one-sided and subjective views. They cannot constitute investment advice and are only used as reference information.
2. Any transaction must be carried out with a comprehensive understanding of the situation, record the reasons for each transaction, and review and summarize at the end.
3. During the investment process, strict position management needs to be maintained. Large positions focus on BTC and ETH, and other currencies are involved in small positions. Do not ALL IN at any time.
4. Develop a stop-loss and stop-profit strategy for each transaction and strictly implement it.
Shenyin: Bitget Builders, super nodes
EOS, during the FOMO period in 2018, 5 W EOS were sold out due to short selling. I understand that copycats are unreasonable and cannot sleep with a position.
Currency market analysis: Bitget Builders, intraday short-term traders
The largest loss should be due to the liquidation of the contract. There have been two major liquidations of the contract, resulting in heavy losses. The biggest lesson is that as a long-term player, the premise of trading should be to control risks as much as possible. Over a long period of time, any risky thing, no matter how low the probability, will change. into 100%.
Master Zhong: Bitget Builders, Senior Designer
It should be shitgods project. NFT has been stolen twice. Be extra careful with @ and private messages on Twitter and Telegram.
Q4: Among the multiple recruitment benefits of Bitget Builder, which one are you most interested in?
Earn money to support your family: Bitget Builders, specializing in ecological interaction
Bitget Builder is a global crypto influencer recruitment program launched by Bitget. It focuses on the growth of start-up bloggers in the crypto industry by formulating personalized traffic support and growth plans for cooperation channels.
This is a very good opportunity for some start-up bloggers to gain exposure and support from Bitget’s top exchange with millions of traffic. Bloggers can continue to output high-quality content, jointly promote the development of the industry, and contribute their own strength. .
Saplings: Bitget Builders, Content Creators
What I am most interested in is the Bitget Insights Project. Although I am now a content exporter with rich creative experience, I still hope to communicate with more people, share my insights and get more feedback at the same time.
Bitget is a dynamic emerging trading platform with Crypto users from all over the world. I am very optimistic about the development prospects of Bitget.
For me personally, no matter how long I stay in the currency circle and how much I earn, I will still insist on content creation and provide users with professional content such as novice tutorials, gameplay strategies, project analysis, industry research reports, etc. In this process, I can also It continues to grow with the development of the industry, and through its own strength, more people can participate in the encryption market and enjoy the dividends brought by Web3.
Currency market analysis: Bitget Builders, intraday short-term traders
The community benefits are very attractive. Exclusive activities can be carried out based on the community situation. The rewards are also quite generous. I like to make money with the community.
Master Zhong: Bitget Builders, Senior Designer
Integrating the Twitter of the cooperative Bitget Builder into the Bitget Insight function can gain exposure, which is a good measure. In addition, invitation rebates can also save a lot of handling fees in the long run.
end
Although the crypto industry is now in the shadow of the bear market, facing difficulties and uncertainties, it is precisely because of this that real crypto co-builders can stand out. Before the arrival of the bull market, the industry will definitely face a big blood change - the injection of new blood and the departure of losers, and whether developers, investors or community members will have the opportunity to return to the bull market in the encryption industry Playing an important role in the development of the crypto economy, promoting the progress and innovation of the crypto economy, and assisting the growth of the industry, Bitget has also been committed to cultivating co-builders.
It is reported that Bitget has launched the fourth phase of the Bitget Builders recruitment plan on August 23. It will focus on the growth of long-tail traffic channels in the encryption industry and incubate a new generation of encryption opinion leaders by formulating personalized traffic support and growth plans for cooperation channels.
Bitget Builders recruitment period is: August 23, 2023 - September 23, 2023.
Becoming a Bitget community Builder will receive official traffic support and financial support. Builders will work with Bitget as volunteers to increase their influence in the crypto community, and will have the opportunity to obtain Bitget Builders exclusive identity marks and limited edition NFT medals.
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