I’ve noticed that many people have misconceptions about the crypto space. They think they can get something for nothing, that profits will just fall into their laps without research or investment. This mindset is very dangerous. There’s no industry where you can make money without putting in effort, and crypto is no exception. The competition here is fierce and the information density is high. You have no idea how much “tuition” (money lost to liquidations) people have paid behind the easy profits you see others making.
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I’ve noticed that many people have misconceptions about the crypto space. They think they can get something for nothing, that profits will just fall into their laps without research or investment. This mindset is very dangerous. There’s no industry where you can make money without putting in effort, and crypto is no exception. The competition here is fierce and the information density is high. You have no idea how much “tuition” (money lost to liquidations) people have paid behind the easy profits you see others making.