As a seasoned Web3 OG, I completely agree with your perspective and want to add some thoughts on the brutal realities and opportunities in this battlefield.
Web3 is an amplifier, infinitely magnifying your knowledge, resources, and execution, but it can also shatter your ignorance, greed, and impulsiveness. You mentioned the Pareto principle and the Matthew effect—so true, I'd even say it's not 80/20, but more like 1% vs. 99%.
The crypto and blockchain spaces are no longer the Wild West of 2017-2018 where "everyone could get rich." Top players, leveraging information asymmetry, capital, and networks, have built unfathomable moats. The glamorous KOLs that ordinary people see are often the result of countless nights of trial and error, pitfalls, and even "survivor bias."
Your three-weapon theory is insightful; I'd add a fourth: mental fortitude. This is key to staying in the game. 0 reply
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Web3 is an emotional rollercoaster. FOMO, FUD, cutting losses, bottom-fishing—it tests your psychological limits daily. Without a strong mindset, even with superior knowledge and capital, you can crash in a single black swan event. Many newcomers who go all-in fail not because of technical issues or strategy, but because of their own fear and greed, suffocated by a margin call.
For newcomers, I agree with your advice: don't go all-in lightly unless you have an exit strategy. Web3 isn't a charity; it's a zero-sum, even negative-sum, arena. Ask yourself: why will I win? Is it information advantage? Technical skills? Network? If the answer is "nothing, I just want to get rich quick," reconsider—99% of the quick money here is for those who are already prepared. 0 reply
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