The blockchain world puts on an absurd black comedy every day: a person who doesn't even understand hash algorithms boasts of being a financial prophet after drawing a few candlestick patterns on a chart; a gambler who bets on altcoins by mortgaging property angrily chastises the project party for lacking virtue in a rights protection group; a retail investor who can't even read a white paper fluently instructs others on social media with a reckless tone about bottom-fishing. These magical realist scenes form the most biting satire in contemporary financial history.
I. The Death Acceleration of the Self-Styled Exceptional
When at three in the morning, you are awakened by a liquidation message, perhaps you should recall: did you ever talk grandly about the 'blockchain revolution' at a drinking party while being unable to explain the workings of a Merkle tree? Did you stare blankly at DeFi protocol code while firmly believing you could harvest others in liquidity mining? In the quantum state casino of the crypto world, cognitive defects and wealth evaporation show a positive correlation curve, and every retail investor who considers themselves the 'chosen one' is writing their own epitaph.
Those gamblers who treat trading passwords as lottery numbers always fantasize about being the lucky ones in survivor bias. What they don't realize is that the exchange's candlestick chart is actually a psychological torture device meticulously designed by the house, and every trap set for the greedy is testing human greed's threshold. When the leverage exceeds the critical point of cognitive reserve, liquidation is not a matter of probability but a matter of time.
II. The Carnival Funeral of Cognitive Illiteracy
In Telegram groups, there is a rampant primitive gambler culture that takes pride in 'going all in.' They simplify technical analysis into a kind of shamanic divination, distort value investing into MLM rhetoric, and use esoteric terms like 'pattern' to disguise their ignorance. This collective cognitive downgrade has turned the crypto space into a large-scale anti-intellectual theater, with every participant being both an actor and an audience.
True crypto believers study cryptography papers while gamblers study 'wealth codes'; quantitative teams debug algorithms while retail investors worship 'signal teachers'; institutional investors analyze on-chain data while the illiterate forward 'dog coin wealth myths.' This cognitive disconnection is destined to perpetuate the cycle of harvesting and being harvested.
III. The Road to Redemption of the Awakened
To break the fate of being a retail investor, you must first admit that you are just a piece of meat waiting to be cut. When you can calmly say, 'I am illiterate in the crypto field,' true learning has just begun. The harshest truth in this industry is that it rewards cognitive depth, punishes information silos, and buries path dependence.
True traders study GitHub code commits at four in the morning, build their own on-chain data monitoring models, and test strategies using Monte Carlo simulations. They understand that continuous learning is the only moat in this zero-sum game jungle. When you replace 'recklessness' with 'humility' and 'all-in' with 'calculation,' fate will crack open a true gap.
In this era where computing power equals power, every trading decision is a monetized representation of cognitive level. When you prepare to place an order with trembling fingers in front of the screen, it might be worth looking in the mirror: if the person in the mirror is a gambler with bloodshot eyes and a barren knowledge base, then perhaps the best investment at that moment is to close the trading software and open a computer science textbook. Remember, in this dark forest of crypto, acknowledging that you are a piece of dog shit might be the beginning of wisdom.