Yesterday, I discussed ways to make money with an early blockchain big shot, A9.

According to his statements, he actually participated in not many projects; there were a few that truly resonated with me.

Daniuzi has been in this industry for a few years and has witnessed many stories of financial freedom, discovering that they all share common points, the most notable being dedication, attention to detail, decisiveness, and a commitment to self-improvement.

1. Focus on a few quality projects

This big shot actively learned about the Ethereum project's white paper, team background, technical features, and market prospects in 2017, and was very optimistic about Ethereum smart contracts, believing they had great potential. He invested heavily in Ethereum and held it long-term, when Ethereum was still under 10U.

Indeed, as the Ethereum ecosystem continues to develop, its price soared to thousands of dollars during the subsequent bull market, leading to a significant gain.

2. Capture market dynamics

It is well-known that the blockchain market is highly reliant on news. Apart from a few mainstream cryptocurrencies, the price fluctuations of most meme coins and niche cryptocurrencies are often influenced by market sentiment and hot events. Therefore, learning to capture market dynamics is crucial.

In 2020, while scrolling through Twitter, he saw a DOGE post, verified its authenticity through multiple channels, and decisively entered the market. As a result, he multiplied his investment several times in just a few days and became rich again.

3. Seize trading opportunities

In the blockchain market, decisive decisions are often key to wealth growth. No matter how reasonable your analysis is, if you don't enter the market, you will never have the opportunity to profit; similarly, even if your profits are high, if you don't exit, your profits will only be numbers on paper.

In 2021, when the price of BTC fluctuated significantly in a short time, he decisively bought in when the price dropped and quickly sold when the price rebounded, achieving substantial profits. It was that feeling of 'when others are greedy, I am fearful; when others are fearful, I am greedy.'

Before each trade, he clearly sets stop-loss and take-profit points to control risk. He always adheres to not trying to capture the last penny from the market, locking in profits in a timely manner to ensure stability of returns.

4. Continuous learning and self-improvement

In the era of big data, changes are rapid, blockchain technology is advancing constantly, and the market is ever-changing.

They always maintain learning and self-improvement, actively reading industry reports, attending industry conferences, and keeping up with the latest technologies and market trends. They also learn relevant financial and technical knowledge to ensure they won't be eliminated.

Summary:

Daniuzi found that successful people possess several of the above traits, but not everyone who has these traits will succeed, as everyone's path to success is unique. Achieving financial freedom still requires time and patience; some are destined for success, and these methods only bring us closer to them.

While pursuing high returns, risk management is equally important.

Daniuzi still suggests that everyone should diversify their investments and not concentrate all their funds in a few cryptocurrencies. Proper diversification can reduce overall risk. When investing, one should also be psychologically prepared to face market fluctuations and uncertainties, maintaining calm to avoid making impulsive decisions due to emotional swings.