1. 'Long-termism' - The secret to Lei Jun's success
If you look back at Lei Jun's entrepreneurial journey, you'll find that he has always emphasized the concept of 'long-termism.' Xiaomi was founded in 2010 and went public in 2018, undergoing 8 years of development. During this time, Lei Jun consistently adhered to 'making heartfelt, reasonably priced good products,' avoiding short-term gains, and ultimately Xiaomi grew into a globally recognized tech company.
What about the crypto space? Compared to traditional industries, market conditions change rapidly and fluctuate greatly. Many people prefer short-term trading and even get addicted to high-leverage speculation. However, if you observe closely, you'll find that those who genuinely make big money are often those who can hold long-term and wait for the market value to return.
2. How can long-termism in the crypto space be implemented?
In the early stages of his entrepreneurship, Lei Jun often spoke about 'going with the flow', meaning to follow market trends instead of swimming against the current. How should we practice 'long-termism' in the crypto space?
✅ Choose the right track, deeply cultivate value
Lei Jun's goal with Xiaomi was not merely to make phones, but to adopt the 'Internet + Hardware' model, establishing long-term value through an ecosystem. In the crypto space, you need to find genuinely valuable tracks for the future, such as AI + blockchain, DePIN, RWA, etc., rather than just focusing on short-term trends.
✅ Seize the cycle, patiently wait for opportunities
During the most challenging times for Xiaomi, Lei Jun did not blindly expand but took steady steps, waiting for the smartphone boom before exploding in growth. The crypto space is similar; each bull market cycle lasts about 4 years. If you're burdened by losses during a bear market and hesitate to enter when the bull market arrives, you'll completely miss the opportunity.
✅ Emotional management, avoid FOMO and panic
Lei Jun once said: "The scariest thing in entrepreneurship is not the difficulties, but being controlled by one's emotions." In the crypto space, many people are influenced by market emotions; they chase when prices rise and cut losses when they fall, resulting in being harvested repeatedly. If you have a long-term mindset, you won't panic due to short-term fluctuations but will adhere to your investment logic.
3. Long-termism success stories in the crypto space
Let's look at actual cases in the crypto space. Many early holders of Bitcoin and Ethereum did not frequently trade by watching the charts every day but instead held firmly, ultimately achieving financial freedom. In 2018, Ethereum fell from $1,400 to $80, but those who believed in the Ethereum ecosystem chose to hold long-term, and by 2021 it rose to $4,800.
In contrast, those who frequently trade in bull markets often buy high and sell low, ultimately ending up empty-handed.
4. Becoming a long-termist in the crypto space
Lei Jun once said: "Without long-termism, there are no great companies." Similarly, in the crypto space, if you want to truly make money, you must cultivate a long-term mindset instead of merely pursuing short-term gains.
✅ Choose the right track, avoid short-term speculation
✅ Seize the cycle, layout rationally, do not go all in
✅ Maintain emotional stability, not swayed by short-term market fluctuations
Are you a short-term speculator or a long-termist? How has Lei Jun's long-termism philosophy influenced you? Feel free to share your thoughts in the comments!
