Why does the crypto world not reward effort, but only reward 'cognitive penetration'?

Many people say after losing money in the crypto world: 'I look at charts every day, browse projects, listen to Spaces, why can't I still make money?'

Because the crypto world does not reward effort; it only rewards what you can see through.

Effort is quantitative change;

Cognition is qualitative change.

After cognitive penetration, you no longer need to desperately try and error, you already know where most people are headed.

For example:

When the market is hot, most people rush in; but veterans know that the higher the heat, the lower the marginal returns.

The project white paper is hyped to the sky, and newcomers excitedly transfer funds; veterans first check the contract to see if there is an 'early release design' in the token release curve.

Retail investors follow the trend and chase hot coins; veterans build an entire cycle strategy around a main narrative.

The crypto world is an arena of cognition and information disparity; it's not about how much you learn or how fast you rush, but how deeply you see and how far you stand.

Effort is your cost; penetration is your profit margin.

This game does not talk about 'diligence spirit', but whether you have learned to build situations from a systematic logic like institutions.

Once your cognition penetrates human nature and mechanisms, you will find:

The money you used to earn by trading can now be preemptively ambushed just by looking at the structure.