Creating wealth requires smart investing which is something you have to learn if you want to achieve financial freedom. These are several tried-and-true tips that will help investors boost their chances for long-term success.

Analyze your investments
Invest and write everything in the exel table. And a year later, return to these notes to understand what your superpower is. Such an analysis will give you an opportunity to understand a lot about your interests. This will be your strategy.
Research the investment field
Invest in what you understand perfectly. This is the best indicator. Your investment expertise is very important.
Save your efforts and time
Don’t try to take on the role of founder of a startup you’ve invested in. It is ideal to spend 1 hour a week with the company you have invested in.

Be prepared to lose your investment
Before investing money in something, understand one thing — you need to say goodbye to this money forever. If you want to be a good investor, don’t be afraid to lose money.
Minimize risks
Decide how much you want to invest and divide the sum among 20 companies. This will minimize your risks.
Don't work with assholes
Don’t work with assholes. Investors come to the venture capital market to lose money, if so, you need to do it at least for pleasure.

Understand the ultimate aim
Understand the ultimate goal. If you do not know to whom and for how much you can sell a project that raises investments, do not invest in it.
Avoid Venture Investments
Don’t be under the illusion of venture capital investments, risky investments in startups looking for a scalable business model. the business is most likely to burn out along with the investment. Small markets are not interesting for funds. Skip niche stories from the first day as an investor.