Los Angeles, May 30, 2022 (GLOBE NEWSWIRE)-Web 3 and Blockchain applications look great for a variety of individuals. Many invest in a few projects, but not everyone achieves success. As Web 3 continues to be the future of the internet, making the right investment in the beginning can lead to success and profits. Shixuan Koi Trading founder “Jimmy” Cai explains how to differentiate between good and bad investors while giving insights on investing and other trading secrets.
“The truth of God is that He does not play dice“,” said “Jimmy” Cai.
A Los Angeles graduate, Cai is the founder and general manager of Koi Trading, an OTC Cryptocurrency trading platform. He is also an investor in more than 25 fintech and crypto projects like Solana. Water also has a limited partnership (LP) for different crypto hedge funds since 2017.
A successful business angel in the cryptocurrency world, when asked about what he does, Cai said, “I sell shovels to gold rushers in the crypto world.”
He has received several prestigious awards at the age of 28. Some of his notable awards include the 2021 Hurun U.S. Outstanding Innovation Award awarded to Cai in November 2021 for his contributions to U.S. information technology.
Water has an electronic engineering degree that is the root of crypto project investment options. The investor wanted to pursue a career as a programmer, but when he started college, he was approached by several local startups, and a venture capital fund in LA Cai involved several SPV investments then never to be seen again. One such company is Honey Science Corporation, for which PayPal took $ 4 billion.
After college, he became one of the first employees of the fast -growing US fintech startup Huobi. Through networking and offline events hosted by various investment institutions and incubators, she builds relationships with leading venture capitalists such as ZhenFund, Sequoia, 500 Startups, and others, which make her confident about her decision to follow the investor path.
When asked how investors can ensure a successful company like Solana, it is worth $ 110 billion. Cai said, “Solana did not succeed in both ups. We (corporate investors) have to take risks and use new business methods instead of the usual.
Water explains how many entrepreneurs are trying to achieve higher results through consensus mechanisms (Proof-of-Stake) and sharding in the age of blockchain development.
And how Solana, on the other hand, abandoned the usual approach and used a consensus mechanism called Historical Evidence. “Even if this approach is quite risky and does not guarantee success, I will not give up,” Cai said.
Cai has been active with startups from 2017 to 2019. He invests primarily in the US. During that time, he made investments in more than 25 startups and developed investment theory.
When asked about the secrets to being a successful investor when you are young, Cai said, “A good investor is different from a bad one because the investor blindly follows the trends in the market, while the former always evaluates the market potential and weighs the prospects in five or ten years. “
Investors also recommend investing time in independent study and advise individuals who want to invest (time) in themselves. He also warns not to follow trends blindly and choose a popular field. One has to calculate the prospects of each industry and choose a career path based on their strengths.
A pandemic is bad news for many investors. Water changed its investment strategy and started looking for more diversified asset allocations and investing more in the secondary, more liquid market.
To eliminate potential risks, he took a more conservative approach. They diversify their investments into consumer-focused sectors in addition to metaverse and web3. Water is a limited partner in Race Capital, an early -stage venture fund from Silicon Valley.
With a successful career path in a short period of time, Beijing-born and large investors hope to invest in web3 technology and help create a new future.
