Came across an article that is worth everyone reading at least once, typical enough to almost serve as a slice of the past five years of the Web3 generation!
Money-making ability and wealth-building ability are fundamentally two different sets of skills.
Researching projects, grasping airdrops, discovering narratives—these are all money-making abilities.
Position management, consumption control, asset isolation, refusing leverage, turning one-time earnings into permanent capital—these are what constitute wealth-building abilities.
The crypto space especially rewards the first type of person and particularly easy eliminates those without the second type of ability.
Moreover, the harshest aspect of the crypto space is that the same problem will reappear after a few years.
And usually, next time, it will offer you more capital.
Even if you know the correct answer, can you guarantee that you will get it right this time?
👉 The original text is here: https://mp.weixin.qq.com/s/sxMuzw1KAaqNgAcZ57ugDQ
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