To put it bluntly, cognitive discrepancy means: you think differently from the majority, and then you act according to your own ideas, ultimately achieving results that are different from others—whether it's profit or loss.

This 'different perspective' isn't necessarily right. It could be completely right, completely wrong, or partially right and partially wrong, but it can all potentially lead you to make a lot of money. However, there is a prerequisite: first, your thoughts must truly be different from others; second, the final outcome must be good (for example, you actually made money).

If you didn't make money, it might be that you were wrong in your thinking, or your ideas are actually similar to everyone else's.

Many people think their lack of earnings is due to 'insufficient cognition', so they desperately try to catch up and learn. But the cost of supplementing cognition is very high; it is an entire set of thinking methods and logical abilities that require long-term accumulation - and even if you supplement it, it does not necessarily guarantee success.

Because of the cognitive gap, it boils down to more than just being 'smart' or 'visionary'; it is more like a kind of 'courage and character to dare to think and act'. And character is very hard to learn rigidly. Some people are simply not suited for it.

For example, if a person has 10 million, he will dare to invest it all in cryptocurrencies; another person, although he thinks cryptocurrencies have potential and is not wrong in thinking so, only dares to invest 200,000 - because he fears volatility and hidden risks. Such people have seen enough of the world to understand that even if it logically makes sense, things may not succeed 100%.

Investment is the behavior that most reflects 'cognitive gaps'. For example, buying Bitcoin, Ethereum, NFTs, or Circle, Coinbase, Meme coins... There are always people charging to the front and even daring to bet everything.

I used to think that these people were doing this because they had exclusive insider information and were sure to make money. Later I found out that was not the case - they often incur losses too. So why do they continue to do this?

It is precisely because they deeply understand the matter of 'investment relying on cognitive gaps': it is necessary to have views that differ from the mainstream to have the potential to earn big money. Without different viewpoints, they simply won't act. Even if they are not 100% sure of this viewpoint, as long as they have reasoned it out and it makes logical sense, they are willing to try. Only by getting used to this kind of operation will the probability of making money increase.

This is where they are stronger than ordinary people. Their character and courage are inherently more likely to earn money. Even if you strive to learn their cognition, if your courage does not match, and your character cannot be developed, it will still be in vain. They can continue to push forward even after losses; you might panic and doubt yourself after two losses, start seeking various reasons to prove 'this won't work', and ultimately give up.

Most views in the market are actually mainstream views, which are 'without cognitive gaps'. Even wealthy people can have completely opposite views on the same asset: some are extremely optimistic, while others are completely pessimistic. They all have their own cognition, and one side will ultimately be right. But a few instances of right or wrong are not important to them; what they want is a good long-term result.

How did they make their money? It was when most people were still pessimistic that they stumbled in, persisted with effort, and eventually earned it.

Now many influencers in the cryptocurrency circle say: BTC is the currency of the future, ETH is the global settlement layer, Circle aims to disrupt payments, and NFTs are the next generation of luxury goods... The reason they say this is that most people still do not believe it. But can this really succeed? Not necessarily. There are many talented people and innovative projects, but there are even more failures. Only a few will succeed.

We do not need to be 100% certain that it will succeed, as long as we know 'it is possible to succeed'. The lower the likelihood, and the fewer people believe, the greater the future profits.

If you want to stand out, you must be different from others; this is the most basic premise.

Why do those bloggers like to show off their earnings? Because money itself no longer means much to them; making others envious and the mental satisfaction is what they want - they have a natural desire to 'stand out'. Some show off wealth, some show off cognition; at the end of the day, it's all for their own satisfaction.

It doesn't matter if you have no cognition or if your cognition is 'fake'. If you have the ability to recognize people and see someone whose thoughts are different from the mainstream, you can follow him and perhaps earn as well. This is a kind of ability to 'follow when you recognize'. If you follow once and lose, you won't panic, you continue to follow, that's when you have truly mastered it.

If you cannot afford the cost of trial and error, I advise you not to play this kind of game; it is more secure to cash out early.

Who says you must have profound cognition to make big money? There are plenty of people who made big money without much cognition. Did those who became rich from buying Bitcoin really understand its vision? If they truly believed it would rise to 100 million each, why would they sell it at 110,000 each now?

Many people with not very high cognition can still keep the money they earn. If you want to take wealth from them, it will be quite difficult.

Cognition is sometimes a cause, sometimes a result, and sometimes it is nothing at all. The real determinant of whether you can walk out of a 'cognitive gap' path is ultimately - your character.

Fate is the product of your character.