In the cryptocurrency market, we've witnessed too many overnight wealth myths—some have achieved hundredfold returns through contract leverage, some have profited easily from early project airdrops, and others have garnered astonishing returns through sharp market instincts. However, the harsh reality is that the vast majority of these short-term winners will eventually return their profits, principal and interest, back to the market.
I. Cognitive Traps: Why Can't Quick Money Last?
Mismatch of Skills and Luck
Most traders lack a continuous focus on a specific area, chasing MEME coins today, researching DeFi protocols tomorrow, and then turning to the NFT market the day after. This 'whack-a-mole' investment approach is essentially participating in a zero-sum game with a random strategy. When luck runs out, professionals will easily harvest these participants without a moat.Casino Effect
The human brain has inherent cognitive biases: attributing gains to personal ability during winning streaks and blaming market conditions during losses. This self-reinforcing mechanism leads people to indulge in the illusion of being 'the chosen one,' while overlooking the ultimate truth of all casinos—the house always has an edge.The Cruelty of Time Leverage
High-frequency traders may make correct judgments 99 times in a row, but the 100th black swan event can wipe out all their gains. This is why there is an old saying on Wall Street: 'The market has countless ways to bankrupt you, but only one way to succeed.'
II. Environmental Determinism: The Overlooked Wealth Code
The Invisible Influence of Energy Fields
When your home environment continuously drains your decision-making energy, and your social circles constantly question your investment logic, even the most perfect trading system will fail. Wealth is essentially the monetization of cognition, which requires a suitable growth environment.The Cyclicality of Luck
Traditional wisdom refers to it as 'financial luck,' while modern behavioral finance calls it 'cycle matching.' In a wrong time window, even Warren Buffett would struggle to turn the tide; in the right trend, ordinary investors can also ride the wave.
III. The Path to Breakthrough: Becoming One of the 5% Survivors
Establishing Replicable Advantages
Choose niche areas to build cognitive barriers (such as on-chain data analysis, macroeconomic cycle judgment)
Develop stress-tested trading systems (including position management and stop-loss discipline)
Building a Supportive Environment
Filtering high-quality information sources (eliminating noise creators)
Joining positive feedback social circles (surrounding yourself with winners)
Understanding the Essence of the Market
Remember: Financial markets are not ATMs, but rather arenas for the world's smartest minds to engage in cognitive battles. Here, long-term survival is more important than short-term profits, and continuous evolution is more precious than all-or-nothing bets.
Ultimately, you will find that those who truly navigate bull and bear markets are often not chasing wealth, but rather refining their understanding of the world. When your cognitive dimension surpasses the market average, wealth will naturally become a byproduct of your thoughts.
