Analysis》What type of on-chain player are you? Which is suitable for you: Airdrop, Decentralized Finance, or trading?

On-chain users can be roughly divided into three categories: airdrop players, DeFi players, and trading players. This article is from an article written by Yue Xiaoyu and reprinted by Foresight News. (Synopsis: Value investment guru Howard Marks' latest memo "Nobody knows": Don't trust the experts, no one can predict when the financial end will come) (Background supplement: Glassnode: Whales with more than 10,000 BTC are buying very strongly this month, and smaller investment groups are selling bitcoin) On-chain users can be roughly divided into three categories: airdrop players, DeFi players, and trading players. Airdrop players: This type of player focuses on participating in the airdrop campaign of the Web3 project and earns token rewards at low or no cost. Their goal is usually short-term profit, often referred to as the "wool party." DeFi players: This type of user is keen on DeFi, earning income by providing liquidity, staking, lending, arbitrage, etc., and pursuing more stable long-term returns. Trading players: In fact, this refers specifically to meme coin players, mainly speculative, hoping to catch the golden dog and get rich. These three types of user groups have very significant characteristics, and I use radar charts to make a comprehensive comparison, so that you can see what kind of players you belong to and what kind of players you want to be. The whole is divided into 5 comparative dimensions: technical ability, risk appetite, time commitment, community engagement, and revenue expectations. Ratings range from 1-5 (1 lowest, 5 highest). First conclusion: Airdrop players: The radar chart shows a shape that is biased towards "time investment", with medium technical ability and community participation, low risk appetite and return expectations, forming a relatively balanced but medial pentagon. DeFi players: The radar chart highlights "technical capability" and "risk appetite" with high revenue expectations but low community engagement and time investment, forming a graph that scales out the kit but has a narrower bottom. Meme coin trading players: The radar chart is strongly biased towards "risk appetite", "return expectations", "community participation", and the technical ability is low, forming an overall outward graph. Consider combining it with your behavioral preferences: If you are a person who has a lot of time, little capital and low risk appetite, then you are suitable to become an airdrop player; If you're a technology-driven, research-loving person with a certain amount of money, you can become a DeFi player; If you are a person who likes to speculate, can tolerate high risks, and expects to make a fortune trading, then consider becoming a meme coin player. The following is the specific analysis: 1. Airdrop players Technical capabilities (3/5): Basic blockchain operations (such as wallet usage, interactive testnets) are required, but no in-depth understanding of smart contracts or complex DeFi mechanisms is required. Risk appetite (2/5): The risk is low because the input cost is usually only time and a small gas fee, and there is no big loss in failure. Time Commitment (4/5): It takes a lot of time to research new projects, complete tasks (e.g. Discord events, test interactions) to ensure you don't miss airdrop opportunities. Community Engagement (3/5): Active on platforms like Discord, Twitter, etc., but more about getting things done than deeply engaging in community culture. Revenue Expectations (3/5): Expect a good return through airdrops, but high uncertainty due to uneven project quality. 2. DeFi players Technical Capabilities (4/5): Need to understand complex DeFi protocols (e.g. Uniswap, Aave), pooling mechanisms, and risk management (e.g. impermanent loss). Risk appetite (4/5): Willing to take on higher risks (e.g. smart contract vulnerabilities, market volatility), but usually reduce losses by diversifying investments. Time Commitment (3/5): Markets need to be monitored and strategies adjusted regularly, but not as frequently as airdrop players. Community Engagement (2/5): Focus more on personal gain than community activity, and participation is relatively low, unless governance voting is involved. Income Expectations (4/5): Pursue stable and high annualized returns (such as 10%-100%), and have little interest in short-term wealth gains. 3. Trading players Technical ability (2/5): Simple operation, only basic wallet and transaction knowledge, no in-depth technical understanding required. Risk appetite (5/5): Very high risk tolerance, willing to participate in projects with a high probability of "zeroing", and pursuing the dream of "100x coin". Time investment (4/5): It mainly depends on market sentiment and hot spots, so it is necessary to sit and sweep the chain, always pay attention to community dynamics, and the time investment is also very large. Community Engagement (5/5): Highly active in Meme coin communities (e.g., Twitter, Telegram) that drive prices up through hype and spread. Earnings Expectation (5/5): Expect super high returns (such as hundredfold or even thousandfold), but the success rate is extremely low, and it is more of a gambling mentality. To sum up no matter what type of player, there is no best, only the best for yourself, so find the track that suits you best. For me, my learning path is: from the very beginning of the airdrop player, you can also get income in the process of experiencing the product learning project; Later, DeFi players will further understand the protocol and on-chain operations, and mine everywhere to earn income; And then to today's on-chain transaction players, catch up with the hot narrative, and look for wealth passwords on the chain. My identity and positioning have changed many times, but what has remained the same is that I am constantly learning new things, constantly pushing my limits, and trying to keep up with the rapid development of the rising industry. Find the right track for you and move forward! Related reports Huida announced an investment of $500 billion in the United States: joint Taiwan manufacturers such as TSMC, Hon Hai, and Wistron to build an American production line of AI chips and supercomputers Coingecko Survey: Who is investing in crypto AI? Justin Sun's $500 million can't get back" lists the seven major crimes of First Digital Trust: breach of fiduciary duty, abuse of customer funds, unlicensed investment 〈Analysis》What kind of on-chain player are you? Which is right for you, airdrop, DeFi, trading" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".