In this interview at Conversion Cyprus, SEREGA 01K shares his experience losing over $500K in crypto, his main business of crypto exchanges, and his new proxy service. He talks about the importance of networking, his personal spending, and gives advice to focus on what you know best.
A short editorial from the VEONIB team on why this content matters.
SEREGA 01K's key takeaway is that diversification without expertise leads to losses, while focusing on core strengths ensures stability.
This interview stands out by revealing real numbers and losses, which is rare in crypto content. SEONIB's AI-driven platform can help content creators optimize such insights for search engines.
Crypto entrepreneurs and marketers should watch this to learn from SEREGA's mistakes and apply his advice on specialization and networking.
A platform for trading cryptocurrencies, often involving fiat-to-crypto conversion.
A service providing intermediary servers for privacy or data scraping.
Building professional relationships for business opportunities.
A temporary decline in cryptocurrency prices, often viewed as a buying opportunity.
A browser designed to prevent website tracking and fingerprinting.
An automated program within Telegram that can perform tasks like trading or swapping.
Business-to-business collaboration for mutual benefit.
A product or service rebranded and sold by another company.
How much money did SEREGA 01K lose in crypto?
He lost over $500,000 in the last two years due to buying tokens and participating in questionable projects.
What is SEREGA 01K's main business?
His main business is crypto exchange services, including fiat-to-crypto conversion and custom payment solutions.
What is the new proxy service about?
The proxy service, launched in Feb 2025, offers scraping proxies, anti-detect browsers, and white-label solutions for businesses.
How did SEREGA 01K recover his investment in the proxy service?
He invested less than $100K and within three months, the service generated $700K in profit, which was reinvested.
What is SEREGA 01K's advice for new entrepreneurs?
He advises focusing on what you truly understand and not diversifying into areas you don't know, as he learned from a recent loss.
How much does SEREGA 01K need to live comfortably?
He says $50,000 per month is enough to live comfortably, covering family expenses and lifestyle.
What is the best time to buy crypto according to SEREGA 01K?
Based on past cycles, he suggests October is a good time to buy the dip.
How does SEREGA 01K's Telegram bot work?
The bot has over 100,000 users and functions as a full exchange within Telegram, allowing swaps, limit orders, and more.
Is SEREGA 01K's proxy service white-label?
Yes, they offer white-label solutions, allowing other businesses to rebrand the proxy service under their own brand.
What is SEREGA 01K's view on networking events?
He was initially skeptical but found the Conversion conference highly effective for making valuable contacts and business opportunities.