The following article comes from the cryptocurrency world master!
Original author: Shenyu

Shenyu and Web3
Shenyu, whose real name is Mao Shixing, is known as the "Seven-Colored Angelfish" in the circle. He was born in the 1990s. He entered the field of digital currency in 2011, dropped out of graduate school in 2013 (at the age of 23), established the earliest Bitcoin\Litecoin mining pool F2Pool in China, and gradually developed it into the world's largest comprehensive mining pool.
It can be said that Shenyu is a technical geek who has a deep understanding and passion for blockchain technology. He has written a large number of tutorials and led many early domestic miners to participate in it.
Shenyu is also an entrepreneur who dares to innovate and take risks. He has experienced many ups and downs and bubbles in the market, but he has always insisted on staying in this industry and constantly iterating to create better products and services.
In addition, Shenyu is also a sentimental romantic. He married his girlfriend in 2014, whom he met in a Bitcoin QQ group.
At noon on the day of the marriage registration, Shenyu did not buy a diamond ring, but gave his wife 25 bitcoins from a block mined by the mining machine. He specially prepared a wallet address starting with "ILoveYou" and left a message in the transaction information of this block: "Hold your hand and grow old with you. Shenyu to Dongdong".
This information is written into the block forever and cannot be changed by anyone. This is the unique romance of men with blockchain technology.
F2Pool is a leading global cryptocurrency mining pool that has provided secure mining services for Bitcoin and more than 40 proof-of-work networks since 2013. F2Pool features support for multiple algorithms and currencies, as well as two allocation modes: FPPS and PPLNS. F2Pool also supports merged mining, which means that while mining Bitcoin, you can get rewards in other currencies, such as HTR, ELA, and NMC.
Cobo is an innovative company driven by technology, committed to building a one-stop digital asset storage and management platform. Cobo's co-founder Jiang Changhao is a former senior engineer at Facebook and Google. He founded Cobo with Shenyu in 2017.
Cobo's products include Cobo Wallet and Cobo Custody. Cobo Wallet is a digital currency wallet that supports multiple chains and currencies, providing multiple options such as HD wallet, cloud wallet, hardware wallet, as well as trading, staking and other functions. Cobo Custody is an enterprise-level digital asset custody service for institutional clients, providing secure, compliant and flexible solutions, as well as the cross-institutional transfer function of the Loop Alliance.
As the founder and CEO of F2Pool and Cobo, Shenyu not only has profound technical accumulation, but also has a broad vision in business.
He once said: "Blockchain is a technology that changes society. It will change people's lifestyles and their values." His goal is to enable more people to easily use and manage digital assets and enjoy the benefits of blockchain technology.
The fish's advice
As the market value of the entire industry expands, the scale of everyone's wealth should have also experienced changes. In the journey of personal wealth growth, which stage do you think is the most difficult? Please share what makes this stage so challenging.
Weibo exploded before, so I’m going to repost some advice I wrote on Weibo N years ago to newbies: How to make $100 million from a capital of $1,000 in the blockchain industry?
Under $100,000
Learn more and do more.
Brush the airdrops of core DeFi projects and the whitelist Mint of popular NFT projects. This stage requires spending a lot of time to obtain information, analyze and research potential projects, and have strong execution and perseverance in making the most of the opportunities.
$100,000 - $1 million
Don't use leverage to trade cryptocurrencies, and don't play with contracts.
On the new public chain and L2, follow the time machine rule to find potential projects and acquire chips at low prices; find your ten-fold coins.
1 million - 10 million dollars
Choose your currency base BTC or ETH, etc., and study it in depth; trade appropriately, don’t short, don’t short, don’t short!
Flexible use of low-leverage DeFi lending protocols to improve capital utilization. You can use platforms like dydx to obtain token rewards while trading.
Observe more, arbitrage more, adhere to the currency standard, and pursue the growth of the currency standard; do not be greedy to participate in every hot spot and make every penny, obtain stable cash flow through arbitrage, Staking, etc., keep a stable mentality, and treat it calmly. Whether your wealth level can be broken through depends on time and industry development.
10 million - 100 million dollars
Once the assets exceed a small goal, improve your family's lives, read more, exercise more, change your personal cognition and circle, hold on to your core assets, and pursue low-risk, stable appreciation and good cash flow without falling into big traps.
Don’t play with contracts, don’t start a business, and be careful to avoid falling into traps.
Maintain a certain level of currency-based assets to avoid missing out.
Maintain a certain amount of stable currency assets to obtain a stable cash flow. At the same time, you can deal with emergencies in life and buy at the bottom when the market plummets.
Take 10-15% of your assets and invest in the track you are optimistic about, so that you have something to do and it can also prevent yourself from being impatient.
Final Thoughts
Shenyu is the founder and CEO of F2Pool and Cobo. He is a blockchain technology geek and entrepreneur, and also a romantic with feelings. This article introduces his experience and insights in the field of digital currency.
Shenyu's investment advice is to adopt different strategies according to different asset sizes and risk preferences. His advice can be summarized as follows:
Within 100,000 US dollars: learn more, do more, check airdrops, check the whitelist, look for potential projects, and improve the utilization rate of funds.
100,000 - 1 million USD: Do not use leverage to trade cryptocurrencies, do not play with contracts, find your own coin base, acquire chips at a low price, and find your own ten-fold coin.
1 million - 10 million USD: Do not short sell, flexibly use low-leverage DeFi lending protocols, observe more, arbitrage more, adhere to the currency standard, pursue the growth of the currency standard, and obtain stable cash flow through arbitrage, staking, etc.
10 million - 100 million US dollars: Improve your life, read more, exercise more, change your cognition and circle, hold on to core assets, avoid big pitfalls, pursue low-risk stable appreciation and good cash flow, don’t play with contracts, don’t start a business, be careful to avoid pitfalls, maintain a certain amount of currency-based assets and stablecoin assets, and use part of your assets to invest in the track you are optimistic about!
At present, I, Bai Haichuan, the captain of the tomb raider, only hold the burn coin.
I saw it for over $1,000 before!
