Why can't you make money even if you understand market rules?

1. Independent Thinking

Only less than 5% of people can truly think independently.

Establish a solid epistemological foundation.

Gather original data.

Apply meta-rules to narrow down the strategy range.

Clarify the relationships between things.

2. IQ and Relationship Management Skills

Intelligence is, in a sense, an empathetic ability. You need to grasp the questioner's intent and understand the relationships they are trying to convey.

In the cryptocurrency market, the questioner is the entire market participants. People with high IQs can quickly discover relationships that others may never perceive.

3. Strong Strategic Thinking (Meta game)

Many smart people, although capable of independent thinking and discovering relationships, have very weak overall strategic thinking.