Recently, the news of 27-year-old Shayne Coplan making it onto the Bloomberg Billionaires List went viral. Many people only see his current glory, but they are unaware of the hardships he faced five years ago when he started his business by propping his laptop on a laundry basket in the bathroom of his New York apartment. Many enter the cryptocurrency space fantasizing about getting rich overnight, yet they are unwilling to focus on refining themselves, ultimately becoming the ones who get 'cut'. Today, I will distill the core secrets of reversal in the cryptocurrency space from these successful cases to help you find the right direction for your efforts.
Core secret one: Identify the needs and solve the pain points. Shayne Coplan's success is attributed to his keen awareness during the early days of the pandemic that people needed a platform to seek the truth, which led to the creation of the Polymarket prediction market. The same applies in the cryptocurrency space; when selecting projects, do not just look at the price increase, but consider whether it addresses real market demands. For instance, decentralized finance solves the pain points of traditional finance, and Layer 2 addresses the congestion issues of blockchains. Projects with real application scenarios will certainly hold value in the long run. One project I invested in previously has tripled its returns because it solved the pain points of cross-border payments.
Core Principle Two: Long-termism, reject short-term speculation. Fan Ruizhe turned a 60,000 capital into 160 million over five years, relying not on short-term speculation but on diligently working on AI quantitative technology and diversifying into the real industry, forming a stable profit loop. Many people fail to make money in the crypto space because they are too restless, holding a project for less than a week, selling when it doesn't rise, and missing out on subsequent surges. My holding period for projects is at least six months, and as long as the fundamentals remain unchanged, I won't sell due to short-term fluctuations. Long-termism may seem slow, but it allows you to avoid many short-term risks and achieve more stable returns.
Core Principle Three: Continuous learning, enhance understanding. The cryptocurrency space is a rapidly iterating industry, with new technologies and projects emerging daily; without learning, one will be eliminated. Shayne Coplan optimized products continuously during his entrepreneurial journey, adapting to regulatory changes, moving from the gray area to the mainstream financial stage; Fan Ruizhe also continuously studies the integration trends of AI and Web3, and engages with industry leaders. I now spend time every day learning new technological knowledge and keeping up with industry trends, which allows me to identify potential opportunities in advance. For example, I learned about AI Agent-related knowledge in advance, and after positioning in related projects, the returns were very substantial.
Core Principle Four: Embrace change, adjust flexibly. The cryptocurrency market is unpredictable; policy regulations and technological innovations can impact market trends, and only by embracing change can one achieve long-term development. Polymarket was once banned by the U.S. CFTC from providing services to U.S. users, but they did not give up; instead, they kept adjusting and eventually secured strategic investment from ICE. When investing in the crypto space, it is also essential to remain flexible. For instance, if a particular sector is under regulatory pressure, you should adjust your position in time; when a new technology emerges, actively study related projects. Last year, I avoided regulatory risks in a certain sector by timely adjusting my positions, preserving most of my gains.
The cryptocurrency market's resurgence is never reliant on luck, but rather on accurately identifying demand, practicing long-termism, continuous learning, and embracing change. If you want to achieve long-term profitability in the crypto space, stop chasing overnight wealth, and instead, focus on refining your understanding and skills. Follow me @链上标哥 so you don't get lost! I share the underlying logic of successful cryptocurrency cases every day to help you enhance your understanding. Leave your goals in the comments, and I'll help you create a personalized learning plan!
