In this industry, the most frantic times are powered by information asymmetry. Whoever finds out first which big projects are going to be listed, who gets the private placement quota first—those people can easily profit from arbitrage.

But in today’s crypto world, to be frank, there are more and more “open cards.” ETF flows, macroeconomic data, on-chain anomalies from giant whales—almost everything is transparent. The advantage from information gaps is disappearing at a pace you can literally see with your own eyes.

So then, what will we rely on to make money in the future? We’ll make money from “cognitive gaps” and “differences in resolve.”

When everyone is FOMO-ing into some hot trend, can you independently judge whether it’s sustainable? When the market panics and crashes, can you calmly trace back whether the logic behind your original buy is still valid? Can you hold your positions through months of sideways trading without making random moves?

These can’t be solved by just looking at a few candlesticks or scrolling a few tweets. It requires you to truly understand the industry’s technical evolution (for example, L2, ZK, and AI + Crypto), and it requires you to have independent judgment about macroeconomic cycles. In the future, alpha will definitely belong to people with deep thinking—not to those diligent “information re-posters.”