Whenever there's a big surge or drop in the market, the group always erupts: 'Why can others achieve financial freedom effortlessly while I’m still on leverage duty?' 🤯#以太坊生态回暖
The wealth myths in the crypto space always evoke envy and curiosity. Today, Zhou Zhou will take you to explore the top tycoons in the crypto space and see how they earned their first pot of gold of 10 million dollars.#加密总市值创历史新高
How did they choose the right track, hit the windfall, and how did they protect that wealth to later become billionaires?#比特币市值超越亚马逊
Want to know? Quickly prepare some snacks and join Zhou Zhou for a wealth revelation feast! 🍿#BTC重返12万
01 The Richest People in the Crypto Space: Who Holds the Top Spot on the Cryptocurrency Wealth List?
The wealth ranking in the crypto space may seem elusive, but the underlying logic is quite simple - whoever holds the tokens, builds the ecosystem, and controls the entry point will reap abundant rewards.
Here, let's first present a 'narrated version' of the top tycoons list:
Satoshi Nakamoto - The Mysterious Creator of Bitcoin, holding approximately 1.1 million BTC, valued at over a hundred billion dollars, is undoubtedly the richest person in the crypto space.
Zhao Changpeng (CZ) - Founder of Binance, with the determination to sell a house for coins, led Binance to become the world’s largest exchange, amassing wealth worth billions of dollars.
Giancarlo Devasini - Co-Founder of Tether, the driving force behind the stablecoin USDT, accumulating great wealth through equity dividends.
Brian Armstrong - The Head of Coinbase, following a compliant route, took the exchange public on NASDAQ, making money from investor funds and platform fees.
Chris Larsen - Co-Founder of Ripple, initially a veteran in finance, became wealthy as XRP skyrocketed.
Paolo Ardoino - A Technical Expert, Investing in Tether with Technical Strength to Enjoy Stablecoin Profit Sharing.
Sun Yuchen - A Super Marketing Master in the ICO Wave, amassed tens of millions of dollars in initial capital through the TRON project.
Michael Saylor - A Traditional Tech Mogul Transitioning to the Crypto Space, Going 'All in' on Bitcoin with Public Company Funds, and Winning Substantial Returns.
Stuart Hoegner - A Low-Key Legal Giant, Supporting Tether's Legal Compliance, Quietly Amassing Wealth through Equity.
Winklevoss Brothers - Entering the Crypto World with Lawsuit Settlements, Becoming Early Adopters with a Large Amount of BTC.
Jeremy Allaire - Creating the USDC stablecoin, making it the 'dollar' of the crypto world, becoming wealthy through market value growth.
Xu Mingxing - An Early Veteran of Domestic Exchanges, Rising to Prominence through OKCoin (now OKX).
Vitalik Buterin (V God) - The Father of Ethereum, built a smart contract platform through technological innovation, becoming a giant in the tech world.
Note: The above values are estimated public wealth; actual market fluctuations may affect asset values.
02 The Wealth Starting Point of Head Tycoons: How They Made Their First Pot of Gold!
Satoshi Nakamoto - The Mining Programmer Turned 'Billionaire'.
When Bitcoin was just born, almost no one mined, the computing power was small, and the rewards were high.
Satoshi Nakamoto mined over 1.1 million Bitcoins with strong technical skills and first-mover advantages.
At that time, these coins were hardly valued and not traded much; later, as Bitcoin prices soared, the value of these coins skyrocketed.
Although the true identity remains a mystery, and whether the private key is still held is unknown, Satoshi Nakamoto created the first wealth myth in the crypto world with 'technology + time'.
Zhao Changpeng (CZ) - Selling a House to Buy Coins, Successfully Turning the Tables in Business.
CZ's story is filled with the courage to 'take a gamble'.
In 2014, he sold his house in Shanghai for 1,500 Bitcoins. At that time, the price was about 600 dollars each.
Years later, as Bitcoin prices skyrocketed, his assets multiplied several times.
He then founded Binance, earning trading fees by facilitating trades and issuing the platform token BNB, utilizing Binance's massive user ecosystem to grow his wealth exponentially.
He is a typical 'game of the brave', daring to invest first and then winning the market with technology and products.
Giancarlo Devasini - From Plastic Surgeon to Stablecoin Tycoon
This 'invisible tycoon' in the crypto space has an unexpected background as a plastic surgeon!
Later, his interests shifted to electronic products and then to the field of cryptocurrencies.
In 2012, he invested in Bitfinex and later worked with the team to create the stablecoin USDT.
USDT quickly became the lifeblood of liquidity in the crypto space, with daily trading volumes reaching hundreds of billions of dollars.
By holding a large stake in USDT, he earned his first pot of gold and laid the foundation for subsequent wealth.
Brian Armstrong - The Entrepreneurial Journey of a Compliant Exchange
As the founder of the largest exchange in the U.S., Coinbase, Armstrong took a steady and compliant path.
Early on, he found the process of buying Bitcoin cumbersome and decided to transform the market.
In 2012, he founded Coinbase and obtained venture capital and government licenses.
In 2021, Coinbase successfully went public on NASDAQ, yielding substantial returns.
His first pot of gold mainly came from financing and listing premiums, but he earned market recognition through compliant operations, representing the right path in the crypto space.
Chris Larsen - A Traditional Financier Venturing into Cross-Border Payments.
Larsen was originally a seasoned player in finance, having founded loan and P2P platforms in his early years.
After entering blockchain, he co-founded Ripple, promoting cross-border payment solutions.
He holds a large amount of XRP tokens; in 2017, as XRP prices skyrocketed, his wealth also surged.
A perfect cross-over from traditional finance to blockchain, he used his expertise to create explosive wealth.
Paolo Ardoino - The Wealth Secret of the Technical Faction.
He is not an ordinary programmer, but the technical core of Bitfinex and Tether.
After joining Bitfinex in 2014, he earned equity incentives by solving a series of complex technical problems.
As the issuance of USDT skyrocketed, his wealth increased accordingly.
Equity through technical expertise and earning money by strength, this 'technology for equity' tactic is a secret weapon for many behind-the-scenes tycoons in the crypto space.
Sun Yuchen - Driven by Marketing and Capital.
The young and famous Sun Yuchen initiated the TRON project in 2017, riding the ICO wave.
He raised tens of millions of dollars in capital through token issuance, seizing the bull market's surging profits.
He also used aggressive marketing tactics, spending money to bid for lunch with Buffett, acquiring exchanges, and laying out the industrial chain, quickly accumulating massive influence and wealth.
His first pot of gold actually came from a surge in token prices and highly topical capital operations.
Michael Saylor - The Big Boss Going 'All in' on Bitcoin.
Saylor was originally the founder of traditional software company MicroStrategy.
In 2020, he made an astonishing decision: to use the company’s billions in cash to buy Bitcoin.
While many doubted his sanity, he correctly bet on the trend.
Now MicroStrategy holds over 600,000 BTC, and as Bitcoin prices soar, the company's market value rises accordingly.
This over-50 traditional mogul shows everyone that 'betting on Bitcoin is the way to go.'
Stuart Hoegner - The Unsung Hero Behind Legal Protection
Although Hoegner prefers to stay low-key, he carries significant weight in the crypto space.
He is the Chief Legal Advisor for Bitfinex and Tether, responsible for industry compliance and audit system construction.
Legal protection paves the way for healthy business development, and his equity allowed him to amass his first pot of gold.
This 'low-profile money-making' role, though little known, is an important cornerstone for wealth stability.
Winklevoss Brothers - Turning Lawsuit Settlements into Bitcoin Wealth
These twins won 65 million dollars in damages from a lawsuit against Mark Zuckerberg over the founding rights of Facebook.
Instead of buying houses, they chose to buy Bitcoin at a low price.
Within a few years, Bitcoin surged hundreds of times, and they became some of the earliest billionaires in the crypto space.
They later founded Gemini Exchange, laying out the ecosystem, with wealth continuing to grow.
Jeremy Allaire - The Driving Force Behind USDC Stablecoin.
An Internet entrepreneurial veteran, he founded Circle in 2013 and launched USDC.
By collaborating with major platforms like Coinbase, USDC became the mainstream stablecoin second only to USDT in market value.
His wealth mainly comes from the rapid expansion of USDC and the soaring valuation of Circle.
Xu Mingxing - An 'Old Player' in Domestic Exchanges
He is one of the earliest entrepreneurs to enter the cryptocurrency industry in China, founding OKCoin at the age of 28.
Quickly capturing market share with product and market skills.
The platform token OKB and trading fees became his sources of wealth.
He also invited major figures in the crypto space like He Yi and Zhao Changpeng to collaborate early on. Although they later parted ways, the entrepreneurial story remains fascinating.
Vitalik Buterin (V God) - The Technical Revolution of a Young Genius
Wrote the Ethereum white paper at 19, kicking off the era of smart contracts.
He early on held a large amount of ETH, and as Ethereum rose, his wealth grew.
But V God doesn’t care much about money and has generously donated multiple times, dedicated to technology and philanthropy.
He is the most influential technical leader in the crypto space.
03 Three Main Strategies for Getting Rich in the Crypto World to Clarify Your Money-Making Thoughts
After reading these tycoons' stories, you might be curious: what commonalities do they share that can help ordinary people learn?
In summary, the wealth secrets of the cryptocurrency world can be roughly categorized into three types:
1. The King of Exchanges - The 'Toll Collector' of the Crypto World.
Running an exchange is like building a 'highway'; the more transactions, the more you earn.
This path seems costly and has a high technical threshold, but if successful, the returns are stable and massive.
CZ's Binance, Armstrong's Coinbase, Xu Mingxing's OKEx, all became immensely wealthy through this tactic.
2. Hold Tokens Heavily, Long-Term Bet on the Future.
Directly holding promising tokens, weathering the ups and downs, and relying on time and value growth to reap wealth.
This requires strong patience and faith, and you must have the insight to pick the right tokens.
Satoshi Nakamoto, Saylor, and the Winklevoss brothers belong to this path.
3. Ecosystem Builders - Building a New Economy, Earning Ecological Dividends.
Creating a new ecosystem with technology and capital, from underlying protocols to stablecoins, to application platforms, establishing a 'moat'.
The wealth growth from this model is slow and steady, but once successful, the returns are astonishing.
V God’s Ethereum, Devasini and Paolo’s USDT, Allaire’s USDC, and Sun Yuchen’s TRON are all ecosystem-based tycoons.
04 How Should Ordinary People Copy Homework? Zhou Zhou Teaches You Four Stable Money-Making Methods!
1️⃣ Have a Keen Eye and Act Quickly
Opportunities always favor those who dare to act at the first moment.
When the wind rises, don’t hesitate; buy early to enjoy the growth dividends.
2️⃣ Holding Tokens is Like Holding Faith; Steady Holding is the Hard Truth.
Frequent chasing of rises and falls is a tool for harvesting leeks.
The true winners are those who can hold good assets long-term and endure the storms.
3️⃣ Find Your Unique Skill
Are you a technical expert? Focus on products or the underlying chain.
Financial professional? Engage in cross-border payments or compliance business.
Everyone can find a suitable 'track' in the crypto space.
4️⃣ Keep Learning and Evolving
The crypto world is ever-changing, with new technologies and ideas emerging constantly.
Only by continuously learning can one avoid being eliminated by the market and seize the next wave of opportunities.
05 Zhou Zhou's Final Advice.
Although there are legendary stories of making a fortune in the crypto space, the high returns come with significant risks.
Never blindly follow the crowd, and definitely do not borrow money to trade cryptocurrencies.
The experiences of these tycoons are valuable references, but they cannot be replicated.
Most importantly, find a way that suits you, manage finances steadily, which is the long-term approach.
'The money earned reflects cognition; the money lost is the cost of growth.'
The door to the crypto world is always open, and opportunities belong to those who are prepared.
May you also find your own wealth story on this journey! 🚀
Many understand the trend, but few follow the right rhythm.
The cryptocurrency market changes rapidly, offering both opportunities and risks. Learning to strategize entry and exit, while protecting the principal, is essential for steady progress and wealth accumulation.✍️
Remember to DYOR, manage risk well, and wish everyone smooth sailing in the crypto space! 🌊
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