Everyone should have or have heard of such stories around them. I wonder if you have ever noticed what characteristics they have.

Is it because you caught the early dividends of the industry? Is it because you have good skills to catch a certain market trend? Is it because you bought a coin that has increased by a hundred or a thousand times by accident?

The reasons are different, but I think these are all external factors. The core essence is that this person must have qualities that others do not have.

Through my observations in the cryptocurrency circle, I have summarized three points. These are the qualities that people who make a lot of money in the cryptocurrency circle possess, but are also the qualities that people who lose money lack the most.

First: People who make a lot of money are deep thinkers

In the same day, year, or market, people who make money always spend more than 90% of their time thinking and analyzing the currency fundamentals, funding, policies, technology, and their own abilities.

This is like opening a fruit store. First, we need to understand the characteristics of the fruit industry, the model classification, the pros and cons, what fruits to sell in which season, etc. Only after a comprehensive understanding of the fruit industry can you make an objective analysis. You cannot draw a conclusion by only looking at one side.

Those who lose money spend three minutes thinking and one minute making trading decisions. They are unwilling to use their brains to think, do not actively analyze the market, and are unwilling to analyze their own abilities. Therefore, they will spend a long time in the future to bear the pain of not wanting to think.

That is, if you hear Zhang San say that the fruit shop is doing well, you will ask for some data and rush to open one; if you hear someone say that a certain coin is good, you will rush to buy it.

Second: Actively improve cognition

The blockchain industry itself is novel, unknown and changeable. Those who cannot break through cognition and accept new things cannot get involved in this industry at all.

However, many people stop growing after entering the industry. For example, their technology does not improve, or they do not know how to do it. Their understanding of the development of the cryptocurrency industry remains at the same level as before, and they cannot keep up with the current development needs of the blockchain.

We can look around us and see that those who do not actively improve themselves will find their situation increasingly difficult. Even after 10 years, there will not be much change. They will continue to spiral in the same place.

Wealth is always a reward for cognition

If people actively improve their cognition, they will gradually degenerate, not to mention generating wisdom, becoming enlightened and making money.

Third: Have reverse thinking and a brave heart

There are very few people who can truly think in reverse and dare to go against the crowd.

An example that everyone knows is that when Zhao Changpeng (CZ), the founder of Binance, first came into contact with the cryptocurrency circle, he sold his house to invest in Bitcoin. At that time, Bitcoin was synonymous with a scam to the public.

He dared to go against the crowd and invested all his wealth in Binance Exchange. In the subsequent development of Binance, it was not all smooth sailing. He continued to invest when he encountered the 9.4 crisis, regulation, forced departure, and the bear market. This requires extraordinary courage.

How can you succeed if you don’t even have the courage to persevere?

There are many ways to succeed, but the characteristics of successful people have never changed from ancient times to the present.

When we can carefully discover and feel the common characteristics of these successful people, and use this as a goal to train ourselves, we are also on the road to success.

Instead of complaining to myself all day long, why the market isn't rising, why good luck isn't coming to me, why can't others give me coins for free and guide me?

It is not about killing time, hanging out in various social groups, bragging, chatting, complaining and venting.

These actions are of no use to our success.

How to relieve worries? Only by strengthening yourself