The summary of OKX boss Star Xu's skills over the past decade is as follows. Every word is brilliant and must be read. It's a bit relatable: 1、 Long term beliefs and core asset allocation: ① Bitcoin is the cornerstone of the industry: no traditional fund can outperform Bitcoin. It is the fundamental investment that binds you to the cryptocurrency industry and is recommended as the first type of underlying asset in your portfolio. ② Long term holding is the king: true wealth comes from long-term holding, earning more in the fifth year than the sum of the previous four years, and nine years ahead in the tenth year. The probability of loss is extremely low if held for more than three years, with a 100% win rate for ten years. ③ Faith driven decision-making: First ask yourself, 'Do you believe?' If you believe, do something, and if you don't believe, forget it. If you believe in this industry and as a practitioner, you don't have 10 bitcoins, you should feel ashamed. 2、 Trading discipline and risk control: ① Always at the table: Ensuring that you are always at the table is the most important thing, don't be a fool and bet all your money on it. Trading is a professional job that requires principles and discipline. ② Principles are above emotions: Principles are the most important for professional traders, and many people change their principles once they have too much money on their table. Buying or selling may seem like a 50-50 split, but the direction needs to be right, which requires taking risks and sticking to algorithms. ③ Reverse market making thinking: Similar to the Just Dice case, the market maker invests when they lose money and withdraws when they make money, relying on predicting trends and reverse operations to make profits, rather than blindly following the market maker. 3、 AI Era and Industry Upgrade: ① AI is an execution tool rather than a money printer: AI cannot automatically make money for you, you still need to have your own principles, risk tolerance, and algorithms. AI only helps you execute more accurately. If there were a money printing machine, no one would give it to you to use. ② The world is adapting to AI and blockchain: true artificial intelligence has arrived, and over 90% of coding tasks can be completed by AI. A stable currency is a token based treasury bond, and the world is upgrading itself to adapt to the blockchain. ③ Entrepreneurship relies on luck, resilience is more important than money: the most important factor for entrepreneurial success is luck, as 90% of entrepreneurs will fail. You may not have money for three months, but after three months you may encounter a big opportunity, resilience is more important than money.