According to Coinjie.com, CZ shares investment experience on X: I stay away from fancy models. I never buy creativity. Creativity is worthless. Execution is the key. Here is something I have written before: My investment philosophy includes three key principles: 1. Pay attention to fundamentals: forget those fancy business models. Instead, focus on the essence: product, user growth, revenue/profit, and team strength. 2. Bet for a long time, buy and hold as early as possible: Early adopters usually get disproportionate returns. There will be many failures along the way, but a few successes are enough to make up for them. The best way is to hold investments for a long time, as major successes like Amazon or Google have evolved over time. Setbacks and short-term failures, like Terra, are all part of the journey. 3. Invest in founders with a sense of mission: Invest in founders and teams who have a vision of exceeding profits. Great companies are derived from mission-driven mindsets, as founders who focus on money tend to shake after moderate success. Those who work for greater causes will create more sustainable and impactful businesses. CZ said the above is taken from his forthcoming book.