Cognition determines everything! [Very important]

The cryptocurrency world is a place where the poor get poorer and the rich get richer. There are not so many tales of sudden wealth, nor so many newly rich people.

A rich person has 100 million; they only take cash, exit with a 20% profit, making a guaranteed 20 million. If there is no 20% profit, they will hold on tight.

A poor person has only 100,000; if they take cash, even with a 20% profit, they only make 20,000, which is not enough for living expenses. So they can only use leverage, treating 100,000 as 1 million.

If they have a 20% profit, they could have 200,000 in returns, but the reality is quite harsh; it usually ends up in liquidation.

Some poor people hear various tales of minimal effort yielding huge results and then invest their money in speculative projects, but ultimately 99.9999% also leads to a dead end. The real 0.0001% that survives is still uncertain whether they are real people or insider trading from the project team.

Thus, only mainstream cash can generate profits. As long as they hold on tightly until they are profitable, they will definitely make money in the end. Then, compounding will take place, and it doesn't require a large investment; the power of compounding is infinite.

In fact, developing good trading habits and mindset, and firmly controlling one's desires and emotions, is more important than how much money one makes.