As the number one exchange in the universe, Binance has celebrated its eighth anniversary, and founder CZ has once again topped the list of wealthy Chinese individuals.
A company that can become the industry leader within a year of its establishment and maintain that position for eight years, with its founder also becoming the regional billionaire, is truly a miracle.
Therefore, the Binance merchandise gift box I just received is particularly meaningful.
I have only been in the cryptocurrency industry for three years, but in that time as a frontline practitioner, I have seen the industry's rapid changes more profoundly.
Various new narratives emerge endlessly; one could say there is a major narrative every year and a minor narrative every month.
In such rapid industry development, how can each of us ordinary individuals avoid being left behind? How can we seize our own opportunities?
One can only grasp what remains unchanged amid change.
What are the things that remain unchanged?
First, it is the vision of the entire industry.
Many people treat the cryptocurrency market like a casino. If it were just a casino, the blockchain industry wouldn't have developed for over a decade nor would it have gained mainstream recognition.
I still believe in the value of blockchain: decentralization, wealth confirmation, permissionless, and free movement of capital.
Only by believing in the value of an industry can one become a long-term participant in that industry.
Secondly, it's the ability to learn quickly.
The industry changes quickly, but the ability to learn remains a constant competitive advantage.
There are many people who have been in the industry for a long time, but only trade on exchanges without ever engaging in on-chain interactions.
Time does not equate to experience.
Perhaps because I am a frontline practitioner in the cryptocurrency space, I can focus on the development of the entire industry while working on projects, maintaining sensitivity to industry trends.
Thirdly, it is the ability to manage risks.
The cryptocurrency market is a dark forest where everyone is both a hunter and prey, so one must be cautious in every operation.
From time to time, I hear about the assets of industry veterans being stolen. If these battle-hardened veterans can be robbed, how much more vulnerable are we ordinary novice users?
Thus, the key to effective risk management is to ensure asset isolation.
HODLing cryptocurrencies requires using hardware wallets; airdrops, trading meme coins, and playing DeFi should all be isolated into different wallets. After ensuring asset isolation, even if a wallet is stolen, it won't be severely damaging.
The above three points are the unchanging aspects that I hold onto.
In fact, it's not just individuals; Binance has reached where it is today by seizing the three points mentioned above.
I hope we can walk further together, and in the future, we can all seize our own great outcomes!
