The real risk is not price volatility, but cognitive lag

Many people understand risk as a price decline, but in the crypto market, the truly deadly risk often comes from cognitive lag. When market structure and capital logic have already changed, using old cycle experience to judge the new phase is the root of losses.
The current market is not lacking opportunities; what is lacking is the courage to update one’s cognition. Whether it’s understanding the cycle, screening projects, or recognizing one’s own risk appetite, continuous iteration is necessary.

Price fluctuations are just surface phenomena; cognitive upgrades are the long-term survival strategy.#加密市场观察