Investment Success: Temperament, Effort, and Luck

Investing, temperament, effort, and luck shape success in venture capital, especially in cryptocurrency investments.

### Strategies for Successful Cryptocurrency Investment
* 💡 " Invest with the feeling of **finding venture opportunities or startup investments**. If you invest whether it's big or small, with the feeling of finding something, I am confident that if you succeed, **investing will be fun**. For those people, even if the seed is small, there are **enough opportunities to succeed**.
* 🧠 " Reduce greed and study new things. The biggest effort I made was trying to **reduce my greed**. I really didn't want to do **speculative investments**. It was definitely in my nature, and I enjoy **studying new things**.
* 🍀 " Luck, temperament, effort. I think it was possible because of my **temperament, my efforts, and luck coming together**. I consider starting coin investment in the spring of 2016 as my **luckiest moment**.
* 🐂 " Endure and wait for the bull market. I waited for the bull market, quickly sold all the coins when the coin price went up, and thought that I should **become rich**, not waiting to **become rich**.
* 📊 " Use indicators for psychological security. By looking at various indicators, I found a lot of **psychological security**. It's **darkest just before dawn**. I endured it because I thought it was **right before it popped up**.
* ❌ " Avoid projects that can be **replaced**. I don't want projects that can be **replaced**. I tend to prioritize a bit of **delay in investing**.
* 🐦 " Twitter as the **most essential platform**. All cryptocurrency projects have Twitter accounts, and they communicate on Twitter first. I think it's an investment that **cannot be deepened without using Twitter**.
* 💭 " Make rational judgments in an irrational market. When making a decision at that time, if I had made a rational judgment, even if things go strangely during an irrational period, I wouldn't **regret it**.

알트코인으로 부자 되는 법. '이렇게' 안 하면 100% 돈 타 털립니다 (Xymon 작가, 사이먼 / 3부)

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cclee9@naver.com


웅달 책방

The Key Factors in My Successful Investment Journey

I attribute my investment success to three key factors: temperament, effort, and luck.

My temperament allowed me to invest in new things without bias, while my greatest effort was focused on reducing greed and making careful decisions.

Additionally, I consider myself lucky to have started coin investment in the spring of 2016, which set the foundation for my success.

Enduring the Cryptocurrency Market Downturn

A cryptocurrency investor shares their experience of enduring a market downturn and eventually selling their coins for a profit.

They emphasize the importance of believing in the potential of Ethereum and gathering inventory to withstand the market's fluctuations.

The investor also finds psychological security in analyzing economic indicators and on-chain data, ultimately persevering through the tough times.

The Importance of Twitter in Cryptocurrency Investment

Twitter plays a crucial role in cryptocurrency investment, as it is the primary platform for project communication and community building.

A significant number of cryptocurrency projects can be evaluated through their Twitter activity, making it essential for potential investors to follow and engage with the official project accounts and influencers.

Without utilizing Twitter, investors may struggle to make well-informed decisions, as the platform provides vital information about coin rankings, circulation supply, and market capitalization.

Investing in Startup Projects: A Korean Perspective

Twitter is a valuable platform for getting recommendations on potential investment projects.

In Korean communities, the focus is mainly on discussing projects with growth potential.

The key factor in making investment decisions is the project's ability to sustainably survive beyond the initial hype in the market.

Prioritizing Investments Based on Market Trends and Expertise Building

Investors prioritize large projects with sustainable confidence and a potential for long-term growth.

The emergence of the Base chain has the potential to rival Ethereum's leading position in the market.

The investor focuses on building expertise through studying market trends rather than simply trading, choosing to invest when others are not actively moving in the same direction.

The Importance of Rational Judgment in Investment

Making investment decisions based on rational judgment is crucial, even during irrational market periods.

Emphasizing the evaluation of true value and technology can lead to more sound investment choices.

Engaging in irrational trading and decisions during irrational market periods is unlikely to result in gains and can have a detrimental impact on one's life and future plans.