Cognition is the biggest wealth gap. When you make money with luck based on your understanding, you will eventually lose it all through your own skill. Or if you have high cognition in a certain field and suddenly enter an unfamiliar one, you will also be harvested in that unfamiliar field. That’s the reality.

For example,
Before entering the crypto world, everyone might be doing very well in their respective fields—perhaps in technology, law, medicine, or teaching. You might have achieved some success in your own position and know a lot about this industry. Suddenly, due to some event, person, or news, you enter the crypto world, which is cutthroat. You believe what U-merchant says, register with a shady exchange, and then deposit money into it. Congratulations! Your money is gone.
If you didn’t fall for that trick, then someone might tell you, “Buying this coin can make you rich. So-and-so bought it, and now they live in a certain villa.” You buy it too. Once again, congratulations! Your money is gone again.
This is the cognition gap. Because those people’s understanding is above yours, they set traps to harvest newcomers. Even if you are very knowledgeable in other fields, if you enter a new field without prior understanding, you will definitely be harvested.