In his early years in the cryptocurrency market, CZ made several attempts with frequent and active trading, seeking quick profits through short-term trading. However, that experience turned out to be disastrous: he faced significant losses that almost pushed him out of the trading world. He rarely speaks publicly about this failed chapter, but in an interview, he confessed that this period of failures was crucial in completely rethinking his approach. Today, his strategy could not be more different from what he did years ago: he has adopted an extremely simple and consistent philosophy of buying and holding long-term positions. This transformation in his investment mindset reflects a key lesson for any market operator.