Breadth refers to how much you know. Depth refers to how thoroughly you research.
Breadth is your knowledge. Depth is your understanding.
Making money elsewhere, if you have breadth but shallow depth, it can be difficult to earn and may even lead to losses, because a specific execution path is needed. Insufficient depth means poor execution or inability to execute.
In the cryptocurrency world, you can earn money with breadth even without depth; having both breadth and depth can lead to even more earnings because the execution path in the cryptocurrency world is very simple.
How does breadth come about? A person's character is bright, their thinking is open, and they can analyze problems using a large logical framework. They only trust logic, do not blindly follow biased opinions, and are not swayed by emotions. Such individuals accumulate breadth over time through their experiences.
How is depth achieved? It comes from mobilizing your personal computing power, investing time and money to delve into it, rather than just listening to what others say. Depth cannot be gained by attending a few classes; it is a feedback result from genuinely doing something yourself.
If your personal computational power is not strong, resulting in insufficient depth, then coming into the cryptocurrency world to make money is quite suitable. In the cryptocurrency financial market, you can indeed earn a lot of money without needing much depth.
Establishing breadth is not just a matter of personal computational power; it concerns personality and logical thinking. A few days ago, someone told me they run a yarn business offline, making 10 million a year but only earning 500,000. I said that was too little and suggested getting into cryptocurrency, but he said he wasn't interested in it. He must have gained depth in his traditional industry after 10 years of hard work, but his lack of interest in cryptocurrency is actually a reflection of insufficient breadth.
No one is really interested in the cryptocurrency world itself; what they are truly interested in is making money within that world—claiming airdrops, trading, checking information. Sitting idly at home every day is a very boring thing; the main interest is in cash.
I've encountered several people saying they're not interested. When I hear that answer, I shake my head; it's not a sincere confrontation with oneself. The real answer should be: I see the cryptocurrency world as deceptive and possibly illegal; I don't believe in it. Or simply: I don't understand it, the risks are too high, I'm afraid of losses—that is a sincere confrontation with oneself.
Don't underestimate this sincere question; it is a quality linked to destiny.
Most of our computational power is quite ordinary, but establishing appropriate breadth in the cryptocurrency world is sufficient to make money.
What if the depth is shallow? It doesn't matter, because many deeply insightful people will research projects and market trends for you, and this information is almost always free. Even if it costs money, it's cheap.
To achieve deep understanding, one must spend a lot of time patiently pondering. The short-term cost-effectiveness is not very high; I bet that most people lack the patience to delve deep.
Moreover, whether one makes money or not does not have a decisive relationship with depth. A person with depth can score 100 points, while someone with shallow depth scoring 70 points is sufficient. It's the industry itself that propels you forward, not 'depth' that carries you.
People with shallow depth and wide breadth face very limited risks when playing in the cryptocurrency world. Even if they incur losses, it won't be substantial, but they can still earn a lot because they can leverage others' depth. They can use their breadth to quickly analyze whether someone has depth, and those with depth are very willing to share and communicate with those who have breadth.
People with depth are often lonely, bored, and isolated. They understand too much and have a sense of invincibility, which makes them extremely confident. Confident people are filled with overflowing energy; they enjoy sharing things with others, hoping that others can benefit, and those with breadth understand them well.
People who lack both depth and breadth often become inward-looking. Inward-looking individuals require external energy to supplement themselves, and they are often insecure. They constantly seek infinite gains and fundamentally cannot love this world. They prefer to compare, possess, and feel jealous, so they naturally lack the desire to share anything with others.
In the cryptocurrency world, as long as you have basic breadth and understand others' depth, their depth will become your depth. Their computational power is your computational power; you just need to follow their depth, and time will reward you.