Encryption Talent Transformation Guide: How to Leverage Web3 Skills for Success in Other Fields

Crypto Assets领域的职业转型指南

After working in the Crypto Assets industry for many years, I realized the need for a backup plan. This is not because I think the crypto market will disappear, but to obtain a more stable source of income. I hope to drive my career development through my own skills and data, rather than relying on luck or high-risk returns.

Of course, I will balance both areas at the same time, believing that this strategy can yield good results. During market downturns, I will focus more on other areas, and vice versa.

If you haven't made significant progress in this industry for many years, it might be time to reflect. Perhaps you could first go to other fields to accumulate some funds and then return here? If you are firmly determined to continue on this path, then go for it. I'm just sharing personal experiences and thoughts, not preaching or forcing.

Why is transformation necessary? When to transform?

Here are some possible signals that may indicate you need to transform:

1. Results Stagnation

When you work hard but achieve nothing, and you are sure that you have done your best, it is a state of stagnation. You have tried changing strategies, thinking of ways to improve, and continuously learning, but still have no progress.

Success in the Crypto Assets field does not solely depend on skills; it also involves psychological games. Not everyone is suited to participate in high-risk activities at a young age: this may bring advantages ( rapid growth ), but it can also be a cruel trap. At some point, you may experience emotional burnout, which not only hinders further development but may also lead to the loss of everything you already have. The financial market is indeed that cruel.

2. Changes in Market Environment

The current market situation is filled with uncertainty. Changes in the environment often make everything more difficult, and not everyone can adapt. Such times often lead to the majority losing their hard-earned assets.

You cannot control the market, but you can control the time you invest. Currently, the returns from certain specific skills may far exceed participating in testnets. Therefore, sometimes it may be wiser to temporarily shift your focus and wait for the market to improve before returning.

3. Lack of liquidity/opportunity

To be honest, in the field of Crypto Assets, without liquidity, you cannot move an inch. Although there are testnets and free activities, it is essentially a game of luck - you cannot predict whether your effort will yield returns, nor can you calculate potential returns, which in itself creates an uncertain environment.

If you are facing financial problems, Crypto Assets may not solve these issues. Only by keeping a clear mind and understanding your goals and risks can results be achieved. Moreover, this takes time; it cannot be accomplished in one go, and you need to give yourself space and time to grow.

If you are currently struggling to make a living, then you definitely need to transform. It may be temporary, but you need to accumulate your first capital.

4. Other sectors grow faster than Crypto Assets

The world and we should not be limited to a single field; there are many hotter directions at present. Ignoring them means missing out on the opportunity to enter new fields. Since other fields can yield results quickly, why not try?

The following will discuss some potential areas in detail. I am not suggesting to completely abandon "Plan A", but you also need a "Plan B". This way, you can simultaneously have: the fields you are good at, as well as new directions that can grow quickly.

5. You no longer study/feel bored

If something weighs heavily on your mind, it can be very difficult to persevere. Under pressure, you may frequently make mistakes due to emotional exhaustion.

If you are no longer interested in researching projects, exploring new protocols, and do not want to understand the underlying logic ( just for the sake of making money ), then the chances of success are very small because you lack the motivation to complete the entire process.

Transformation can help you stop deceiving yourself, see the current situation clearly, reignite your desire for learning and progress, and thus bring about results.

Skills Breakdown in the Crypto Assets Field

In the field of Crypto Assets, you must have acquired some specific skills. Here are what I believe are the most important abilities, which can be useful in various areas:

1. Research and Critical Analysis

Research is one of the most important skills in life, applicable in any job you undertake. This ability for in-depth analysis will make you stand out from many competitors and will also make it easier for you to become a marketer, data analyst, or even an IT expert.

2. Critical Thinking and Decision-Making Skills

Nowadays, most practitioners find it difficult to make independent decisions. However, in the Crypto Assets field, you need to continuously analyze whether to open a position and other related issues, which will make you flexible, able to adapt to various situations and make the right decisions. This is often the difference between managers and ordinary employees, and it can also help you discover early growth patterns and gain insights into profitable opportunities in any field.

3. Technical Proficiency

Understanding the white papers of most projects is not easy, while documents in the Web2 field are often simpler and easier to understand. Even so, many people can't even manage that. This can set you apart in most positions that require basic technical skills. Moreover, with the help of artificial intelligence, developing your own products is no longer that difficult.

How to Apply Encryption Thinking to Other Fields

Encryption thinking is a fast and adaptable way of thinking that can help you achieve results in a short period of time: rapid testing, learning; maintaining autonomy, self-sufficiency, and proactively setting tasks. Overall, this way of thinking is not only suitable for a nine-to-five job but is even more applicable to business and senior management.

  • In marketing, it will help you quickly test hypotheses, run experiments, and follow a data-driven approach.
  • In entrepreneurship, it means to build a fast MVP( minimum viable product) without hesitation and test it in a real environment.
  • In personal development, this means taking action in practice rather than just being a theorist.

This is the key to acting quickly and applying what you have learned as you did before. Your goal is always to achieve the maximum results in the shortest time possible, as the window of opportunity will not last forever. Most Web2 fields will not disappear quickly, but through continuous self-learning, you will eventually become one of the best.

Potential Area Analysis

  1. Software as a Service ( SaaS ), Potential: 9/10
  2. E-commerce ( Shopify ), Potential: 8/10
  3. Coaching, Education, and Personal Branding, Potential: 8/10
  4. Business Automation, Potential: 7/10
  5. Marketing and creating your own agency, potential: 8/10

How to Achieve Preliminary Results

The first step is crucial. Start with analysis and strategy formulation:

  • Choose a field or idea ( what exactly do you want to do )
  • Assess actual demand, willingness to pay, and payment amount
  • Research competitors and their strategies to see who else is doing the same thing.
  • Identify the target audience, who is your target audience?

Then, analyze the content and specific steps you need to learn:

  • Understand the knowledge required to provide necessary services
  • Build a team to learn together
  • Research competitors' sales methods, establish sales channels, pricing
  • Besides technical skills, consider what marketing services you can offer.
  • Combine all of this with your personal brand

After taking the first step, it is important to continuously scale up, delegate more tasks to others, and keep researching marketing and new strategies. Collecting feedback and responding to it is very important, as honest feedback can determine 50% of the product's success, even if it means providing services for free in the initial stages.

Financial Security: How to Avoid Having Nothing

Transitioning to another field requires a buffer period, during which there may be no income. If you have a family, or you are renting, or you have no support from anyone, you need to understand that you still need to eat tomorrow, and your career cannot solve this problem immediately. Otherwise, the mental pressure will be too great, and you will only think about survival, rather than building strong products and services.

Personally, I adhere to the following three rules:

  • Financial reserves ( buffer funds ): You must have savings that can cover basic needs for 3-6 months. If you have no work skills and want to enter a high-risk field, it's best to save enough money for a year. Although usually no one can do this, it's more of a suggestion, but it's essential to calculate reasonably. Additionally, it is also very important to diversify funds into different channels and secure assets ( euros, dollars, stablecoins ).

  • Do not invest all your funds in new fields: the best initial investment is time, as money is hard to recoup immediately. The probability of succeeding in a startup on the first try is small. Before starting your own business, it is important to first understand all processes in depth as an employee, to know what to do and how to do it. Separate your living reserves from your startup funds, otherwise you may lose financial control.

  • Track your budget: Calculate your monthly actual living expenses and avoid taking loans unless you know how to repay them. Regularly review your expenditures for optimization, cut unnecessary expenses, but ensure that your quality of life does not decline significantly - otherwise, the psychological pressure will be quite high.

How to Discover Your Interests and Strengths

When you decide to make a change, "finding yourself" is one of the core tasks. Most importantly, find what you truly love, regardless of whether it is popular; otherwise, you may become burnt out.

Review of Past Experiences:

  • What things do you do better than others?
  • What tasks do you enjoy even if they are difficult?
  • When do you feel motivated and enter the "flow state"?
  • What are you often thanked for?
  • What brings in the most income?

Interest Diagnosis:

  • List the topics you have always been interested in.
  • What content do you like to watch on YouTube/podcasts
  • Willing to learn anything even without reward.
  • Which one do you like the most among the fields listed in this article?
  • More inclined towards marketing or technical direction?

Advantage

To understand personal strengths, you can take personality tests, which can help you find suitable positions. By asking yourself "What kind of person do I want to become?", you can drive self-awareness.

Connections and Environment: How to Change Your Circle

Before changing your social circle, you need to clarify your purpose and the people you want to connect with. When evaluating, you should focus on the essence of the person rather than just their skills.

Clarify values and needs:

  • What kind of person do you need?
  • What values do they hope to possess?
  • What qualities can make them your partners?

I have set a few steps for myself to help change my environment, and this has indeed changed my life:

  • Enhance personal brand and positioning
  • Participate in social events, meetings, and seminars
  • Learn to first give knowledge, help, and ideas (
  • Establish communication system ) to save contacts, initiate contact, and follow up (
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DataChiefvip
· 07-17 06:27
If you have made it, don't come back. Send it.
View OriginalReply0
GasWastervip
· 07-16 20:36
Why give up on web3? Buy the dip!
View OriginalReply0
CryptoCross-TalkClubvip
· 07-16 09:05
Suckers' self-cultivation: From 0 to 1
View OriginalReply0
MissedAirdropAgainvip
· 07-16 06:47
Early transformation, early liberation.
View OriginalReply0
ContractExplorervip
· 07-15 23:42
Of course you should run for a way out; who doesn't love a stable income?
View OriginalReply0
PerennialLeekvip
· 07-15 23:38
Suckers are maturing slowly, don't rush~
View OriginalReply0
DefiVeteranvip
· 07-15 23:34
Stability is not as good as lying flat. First, sell the old coins to recover losses.
View OriginalReply0
Ser_This_Is_A_Casinovip
· 07-15 23:20
If you ask me, the law of Web3's irresistible appeal is something we can't escape from sooner or later.
View OriginalReply0
GasFeeThundervip
· 07-15 23:19
Wait a bit longer, I just observed a pattern.
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