Bitman
Cryptocurrency Experience: 4 years
Personal Experience:
– Founder of BITMEN
– 2024 Open Campus & Forbes Web3 Global Top 100 Web3 Creators (OC 100)
– 2025 Influential 30 People in Taiwan Blockchain Industry by Cointelegraph
In 2021, Bitman established the Alpha Group known as “BITMEN,” which continuously tracks key trends on-chain and discovers early investment opportunities. From NFTs and meme coins to Ordinals (NFTs on Bitcoin) and Runes (tokens issued on Bitcoin), he has repeatedly captured opportunities for a hundredfold return on investment.
The Alpha Group, in simple terms, is a professional community in the cryptocurrency space, possessing specialized skills, connections, and first-hand information. These communities often issue their own NFTs as a badge for members, actively monitor or invite potential project collaborations, striving for various benefits such as whitelist partnerships. It can be said to be the strongest intelligence network in the cryptocurrency space.
You can also find him here:
BITMEN Discord | Bitman’s Telegram channel | Bitman’s X account
How did you enter the cryptocurrency space?
The NFT market in 2021 was like a magnificent fireworks show—brilliant yet fleeting. High-priced NFT projects like BAYC and Azuki sprang up like mushrooms after rain, attracting countless people with dreams of overnight riches. However, when the bubble burst and the market returned to silence, how many could truly profit and how many could persist?
Bitman is a well-known KOL in Taiwan’s NFT community and has personally experienced the ups and downs of this market.
Before entering the cryptocurrency space, Bitman was a seasoned professional in the public relations industry. However, behind the glamorous façade lay endless proposals, client socializing, and a grueling schedule that turned day into night. The prolonged high-pressure environment left Bitman physically and mentally exhausted, leading him to contemplate leaving his job to rest. He longed to slow down his pace of life and rediscover his passion for living.
In the spring of 2021, Bitman resolutely left the public relations industry. He initially planned to take some time off to rest and then replan his life. However, no one expected that this departure would become the most significant turning point in his life. It was during this period of rest that he accidentally came into contact with cryptocurrencies, igniting his adventure in the cryptocurrency space.
After chatting with friends and learning about new digital assets like Cardano (ADA) and Ethereum (ETH), Bitman decided to invest a small amount of money with a trial-and-error mindset. At first, he didn’t have high expectations, but to his surprise, the amount in his account kept increasing like magic. Just one week later, those initially insignificant “pebbles” had turned into a pile of glistening “gold” with a 2-3 times return.
This experience left Bitman quite shocked. Following this, concepts such as DeFi, CeFi, meme coins, and NFTs exploded in popularity, dazzling him with various new play styles while simultaneously deepening his fascination with this virtual world.
What is your most memorable experience in the cryptocurrency space?
In 2021, the NFT craze began to sweep through. Bitman realized that NFTs were not just images, but unique assets with rarity and collectible value. This reminded him of the phenomenon he had observed in the realms of art, luxury cars, and watches: wealthy individuals often liked to showcase their wealth and status through these items.
NFTs fulfill people’s pursuit of rarity and uniqueness.
Thus, Bitman decided to take a leap of faith. He began researching various NFT projects, participating in community discussions, and delving deep into the intrinsic value of NFTs.
In the world of NFTs, Bitman most enjoys the thrill of unboxing a blind box, “You never know what you will get next, and it always allows for small bets on big outcomes.”
One of the most impressive experiences for him was acquiring a vampire NFT at a low price.
At that time, the already famous Bored Ape artist launched a new NFT project called “Sneaky Vampire Syndicate.” This project had a total of 8,888 vampire NFTs, each unique. Bitman participated in the minting with a trial-and-error mindset and unexpectedly received an extremely rare “Golden Vampire.”
This NFT was worth a fortune in the market at the time. The mint price was around $300, but it eventually sold for an astounding $55,000, making it the most memorable transaction for Bitman.
Another interesting experience involved a zombie NFT released by actor and trendsetter Jay Chou. His NFTs naturally attracted a lot of attention. At that time, Bitman purchased some NFTs and ended up receiving a rare mummy version with only a few dozen in existence. He listed this NFT for auction online and was surprised when another cryptocurrency KOL, Li Hali, bought it.
Bitman chuckled, “It really feels like this world is small yet fascinating.” He humorously described the NFT community as a small ecosystem where people gather due to shared interests, exchanging ideas and growing together.
These two successful transactions allowed Bitman to deeply appreciate the charm of NFTs and boosted his confidence in his investment vision. He began to believe that the NFT market is filled with infinite possibilities and that daring to try could create miracles.
What apps do you have on your phone?
Security Verification: Authenticator
Exchanges + Wallets: MetaMask, Phantom, Binance
First-Hand Information Channels in Cryptocurrency: X, Discord, Telegram
Asset Management: Debank, Zerion
What is your current investment strategy?
Having carved out a path through NFTs in the early days, Bitman temporarily stepped away following the “NFT bubble” burst and only returned to the NFT market by the end of 2024.
Bitman stated that he has recently begun re-entering the market, keeping an eye on some promising projects, including blue-chip NFTs, newly released NFTs on various chains, or projects planning to issue tokens shortly, while also actively participating in community discussions.
Blue-chip: Refers to NFT projects with large market capitalization, good reputation, and stable value appreciation, typically developed by well-known artists or teams.
Bitman’s current investment allocation is mainly divided into three sectors: mainstream coins, meme coins, and NFTs. As the NFT market has just begun to recover, 50% of his investment allocation is still focused on mainstream coins such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with these funds primarily used for spot holding to pursue long-term stable returns.
Alongside steady investments, Bitman also holds a strong interest in meme coins. He believes that while meme coins are highly volatile, they can often achieve astonishing price increases in a short time, bringing unexpected wealth to investors.
Are NFTs dead?
Since the frenzy of 2021, the NFT market has undergone a long winter. Countless projects have vanished, and trading volumes have plummeted, leading many to feel pessimistic about the future of NFTs, with the phrase “NFTs are dead” becoming a common joke among those in the cryptocurrency space.
However, Bitman does not share this sentiment. He believes that the NFT market has merely entered an adjustment phase and is brewing for a new explosion.
“If you look at the NFT platform OpenSea, starting from the end of 2024, the trading volume on the platform has begun to surge,” Bitman continued, “the data clearly shows that users are returning.”
However, users starting to invest some funds back into the NFT market is just the first step toward the “spring of NFTs.” Two more aspects are worth observing.
Key Point One: Platform Management Strategy
The development of the NFT market largely depends on the management strategies of trading platforms. As the main venues for NFT transactions, their policies and measures directly affect the market’s activity level and capital flow.
Whether these platforms actively encourage users to participate in trading, implement effective incentive mechanisms, and how they create a better trading experience will all directly impact the future trajectory of the NFT market. Only when platforms genuinely think from the user’s perspective and introduce more user-friendly policies can they attract more capital into the NFT market, thereby promoting the robust development of the entire industry.
Key Point Two: Development of NFT Projects
Movements in the NFT market, especially actions taken by blue-chip NFTs, influence the entire market’s nerve. These blue-chip NFTs serve as market barometers; any actions they take may attract investor attention and imitation.
Bitman used the example of the Fat Penguins project issuing tokens at the end of 2024. After the project team announced the token issuance, it not only warmed up the NFT market but also triggered expectations regarding token issuance from other NFT projects. This acts as a signal, stimulating other project teams to also start planning or hinting at token issuance.
Bitman believes that the movements of these blue-chip NFTs play a crucial leading role in the overall development of the NFT market. Their successful models and innovative approaches will influence the development directions of other projects and even drive the growth of the entire NFT market.
Combining these two points and the current state of the NFT market, Bitman remains quite optimistic for the first quarter of 2025.
What is the future of the NFT market?
Despite having felt disappointed with the NFT market in the past and taking a brief hiatus, Bitman maintains a very optimistic attitude toward the future development of the NFT market.
He believes that the application scope of NFTs is vast. Beyond the currently common art collections, they can integrate with various fields such as gaming, music, virtual worlds, identity verification, supply chain management, and even the currently trending AI.
Bitman expressed his excitement about the future where AI and NFTs combine. He believes that the integration of NFTs and AI is not yet tight enough, but there is definitely room for development in the future.
“Can you imagine? If in the future, the appearance of NFTs could change based on the on-chain behavior data of the holders, for example, influenced by the types of NFTs in your wallet, transaction habits, etc., and then AI trains unique parameters to affect your NFT’s appearance generation, wouldn’t that be super cool?”
This statement is not just an interesting imagination but embodies the infinite possibilities of future NFT development. The dynamic changes in NFTs not only represent visual presentations but also signify the personal on-chain footprints and preferences of users. Every NFT will become a unique entity, recording its own on-chain story and serving as each individual’s distinct digital identification.
Of course, the NFT market also faces challenges, such as incomplete regulations and difficulties in practical applications. However, Bitman believes that with technological advancements and market maturation, these issues will ultimately be resolved.
“The future of NFTs is filled with infinite possibilities,” Bitman said firmly, “I look forward to seeing more applications of NFTs in the future, injecting new vitality into the NFT market.”
In Bitman’s view, NFTs are not merely investment tools but a bridge connecting the virtual world and the real world. He believes that NFTs will play an increasingly important role in future life, bringing more convenience and enjoyment to people.