Most people who become wealthy through cryptocurrency happen to seize opportunities at critical moments. Only about 5% of people can truly think independently, and this ability often requires several steps: establishing a solid epistemological foundation, collecting raw data, applying meta-rules to narrow down strategy options, and clarifying relationships between things. Intelligence, in a sense, is a form of empathy. You need to speculate on the questioner's intent and understand the relationships they are trying to convey. In the cryptocurrency market, the questioner is the entire market's participants. People with high IQs can quickly discover relationships that others may never perceive. Many smart individuals can think independently and identify relationships, but their overall strategic thinking is often very weak. Successful execution requires the following basic abilities: most people with startup capital are already relatively stable in life and are unlikely to easily invest funds into high-risk cryptocurrency trading. If you have a happy family life and a respected profession, the potential gains from participating in cryptocurrency trading may be far lower than the potential risks. There are many classic traps in trading that even those with advantages may fall into. Common causes of bankruptcy include being hacked, exchanges misappropriating user assets, legal disputes, and tax issues. Most people who become wealthy through cryptocurrency actually have a significant misunderstanding of the market, but they happen to seize opportunities at critical moments.