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The wild swings of Crypto can create and destroy wealth in a very short time. Always know what's important to you and what's enough.

Jason Choi, Partner at The Spartan Group

Screen, the way of the metaverse

Inspired by Naval, here are a few things I didinvestmentThe author and theBlockcrunch's interviewer, with those "successful" cryptographycurrencyThe experience gained from more than 100 conversations with practitioners.

Whether you're a founder, investor, trader, operator ordevelopers, most people in crypto got rich by doing just that: owning assets that appreciate in value over time.

Don't confuse owning with trading. While some people get rich by trading, know that you are still renting out your time for money.

Be careful not to confuse "narrative" with "traction." The faster unearned value accumulates, the faster it disappears.

Never dismiss anything out of hand and let young people change your mind.

If you explore enough of the things people complain about, you can come across billion-dollar opportunities.

If you reach enough people, over time, you will have the opportunity to create wealth. You don't need to be a programmer to create value. Creating content, networking, and giving thoughtful feedback are great ways to do it.

It's easy to see if you're in crypto to make a quick buck. That will determine who you get to work with and how far you go in the industry.

The earlier you start, the more upside you'll see, but the more knowledge you'll need to find the right opportunity (e.g., 10 billion VS pre-token).

If you're looking for steady pay, work in a steady industry. If you undertake cryptocurrency law andfinancialRisk, then, should seek to match it with exponential returns for being right.

Don't discourage compound interest. Jumping from project to project every 6 months is not good, it will damage your reputation. Think of your job offer as an investment, because a job is an investment.

Because of the lure of quick moneyConfused, cryptocurrency will test your integrity to the greatest extent.Don't cooperate with those who can't stand the test.You may make money in the short term, but you will lose everything else.

Reputation is the first funnel that every founder and investor uses to filter through the hiring and deal process. If your goal is to create wealth consistently, no amount of money is worth it.

Don't shy away from volatility, which is the price you pay for excess compound returns.

When it comes to low-cost opportunities, let "what if it works" prevail over "what if it goes wrong."

Find your strengths, redouble your efforts, and scale up. Hire someone or join a team whose skills complement yours, and do only what you're good at.

Encryption brings in the smartest people, but it also brings in crooks and scammers. Make a list of all the people you can always trust. Make a list of all the people you can never work with. Always evaluate both lists.

Getting rich is half about staying rich. After a historic bull market, don't upgrade your lifestyle to match your paper wealth.

"Don't gamble with something you don't have to win with something you don't need.

Don't mistake leverage for genius. You'll hear stories about people bragging about making 8-9 figures in a year. When they lose all their money in one day, they tend to keep quiet.

Beware of the Dunning-Kruger effect. Just because someone "succeeds" with early cryptography doesn't mean they have the ability to express an opinion on cryptography, macroeconomics, politics, etc.

Cryptography operates within narratives, which are formulated by humans. People always need something to talk about. If you can't find the fish on the table, you are the fish.

Cryptocurrencies have one of the flatter hierarchies of any industry. Take advantage of this and accelerate your wealth creation.

Crypto is overwhelming, find your tribe and rely on others to expand your professional circle.

If you are generous with insight, others will return the favor with other opportunities. If you hide, others will do the same.

Learn from experienced people, but only in their area of expertise. Ignore traders who talk about technology and developers who talk about markets.

Be grateful. Crypto is rife with asymmetric opportunities. An introduction to a job, a new team, or an investment opportunity can make you rich. Return the favor and be forever grateful.

Give and you will get. The space is still young, and you never know where a favor might be returned. People who refused to speak to me when I started work now want my advice.

If you're doing what you're good at, people are going to want some output from you. Don't give your time to those who can afford to give generously, but choose not to give at all.

People mostly get what they deserve. You can complain about vc firms getting credits and developers delivering low qualityyAnalysts aren't getting paid enough, or there are things you can do.

Finally, the wild swings of cryptocurrencies can create and destroy wealth in a very short time. Every cycle you hear stories of sudden wealth, but there are also people who end it all. Always know what is important to you and what is enough.