I made a long angsty post about something along these lines, but I decided to scrape it and tone it down a lot.
When I read the various local finblogs, it is apparent that many writers spend countless of hours learning and studying and applying their knowledge to try and make money. Many are bright, but almost all are very hardworking.
Yet the ridiculous thing is that I don’t even really try very hard, yet money just falls all around me in the crypto world. I just pick it up.
It is so hard to explain how the risk/rewards are massively skewed in favor of the risk seekers in the crypto space.
And the crypto market is anything BUT efficient, so it is not only easy to make massive gains if you are right, but it is also very easy to actually be right.
The majority of the participants in the crypto space are early