#以太坊大户持仓变化 From 100,000 to 10 million: The underlying logic of precise investing

A decision in 2013 changed everything. At that time, I had only 100,000 yuan, divided into three bets: Bitcoin, Tesla, and Vipshop. By the end of the year, Bitcoin had increased 100 times, Tesla 4 times, and Vipshop 6 times. 100,000 yuan instantly turned into hundreds of millions.

This is not luck. There is actually a replicable wealth logic behind it.

Earning 1 million and earning 10 million share the same fundamental approach. The key lies in how to identify opportunities. In summary, there are roughly five core selection criteria:

**Choose industries on the eve of explosive growth.** Don’t wait until everyone knows about it to get in; by then, most of the opportunity has already been absorbed.

**Focus on long-term high-growth tracks.** Short-term fluctuations are unpredictable, but long-term trends are relatively clear. For example, cryptocurrencies and new energy vehicles back then, although controversial, had obvious growth logic.

**Look for replicable business models.** Vipshop’s model is discount e-commerce; this logic can be repeated, and the market space is large.

**Solve real needs.** No matter how good a story is, it can’t withstand the test of time; ultimately, it comes back to the demand itself.

**Focus on fields you understand.** Don’t follow trends blindly; act within areas you can understand and judge.

This methodology, from earning the first million to larger gains later, has never changed. $BTC $ETH $SOL Investments in such assets also follow the same principles — not looking at ups and downs, but at the track, the logic, and the long-term value.

Ordinary people can also use this approach to evaluate any investment opportunity. The key is to train your judgment and find signals amid noise.