The cryptocurrency market is not a casino, but a battlefield of cognition.
Some become rich overnight, while others face liquidation after a big downturn. Thus, many say: 'The cryptocurrency market is a casino.'
But experienced players know that what truly determines life and death is not luck, but cognition.
First is the information asymmetry icon. The news you see is often a signal for others to sell. When you rush in, they are just about to run out. In this market, information is never equal, and being a step late makes you a 'leek' (a term for inexperienced traders).
Second is emotion. When prices rise, fear of missing out; when prices fall, fear of deeper losses. Many do not fail because of their operations, but because of their emotions. Maintaining a calm mindset and executing the plan is more important than being right about the direction.
Third is the ability to learn. New narratives emerge every day, with NFT, AI, and RWA taking turns in the spotlight. Without learning, one can only rely on luck; however, money earned by luck will eventually be lost due to lack of skill.
Getting rich quickly relies on fate, while maintaining wealth relies on cognition. Don’t be a dream-chasing gambler; be a rational trader. #pi #BTC #PiJS