Skip to main content

What’s Next After Setting Up Your First Wallet? Building Your DeFi Strategy

· 3 min read

What’s next? You’ve already learned how to store cryptocurrency with a Metamask wallet. You have some assets there, you withdrew funds from an exchange, you learned how to work with different networks, swap one asset for another using an aggregator, and send crypto from your wallet to an exchange or another wallet. All of this was covered in previous posts.

So what’s next? How do you start building your strategy and using your assets to generate passive income in decentralized finance?

Step 1: Master Security​

The first thing I strongly recommend is to go through the Security Basics module in full.
There, I show in practice how wallet security works, what it depends on, and how to safely store your assets long-term.

You’ll also learn:

  • How to protect your mnemonic phrase.
  • How to detect phishing attempts.
  • How to set up multiple wallets on a single device.

I also share my personal setup — how I manage wallets for daily operations, long-term storage, and DeFi interaction.

Step 2: Explore Crypto Wallets​

Next, go through the Crypto Wallets module.
In this one, I review different wallets I personally use. You can pick the ones that best fit your needs.

You can:

  • Stick with MetaMask for Ethereum and EVM-compatible chains.
  • Add wallets for Bitcoin, Solana, or hardware wallets for long-term cold storage.

This step prepares your working environment — a secure and flexible foundation before moving deeper into decentralized finance.

Step 3: Enter Decentralized Finance (DeFi)​

After that comes the Introduction to DeFi module.
Here, I explain what DeFi tools exist and how to start using them with your wallets.

You’ll learn how to:

  • Provide liquidity and earn trading fees.
  • Work with decentralized exchanges (DEXs) and lending platforms.
  • Build a long-term DeFi strategy based on your goals and capital size.

Step 4: Follow This Action Plan​

  1. Complete the Security Basics module.
  2. Set up your working environment with wallets that fit your needs.
  3. Go through the Crypto Wallets module.
  4. Move on to the Introduction to DeFi module.

At first, it may be hard to understand which wallets you need.
That’s perfectly normal — as you progress, you’ll naturally add new ones for different tasks.

For now, MetaMask is enough. Later, expand to additional wallets when your DeFi activity grows.

Step 5: Join the Community​

If your plan includes feedback and support, be sure to join our Discord community and the Q&A section.
You can ask any question there and get a clear, professional answer from experienced participants.

These materials are created for educational purposes only and do not constitute financial advice.