the most dangerous person on CT is the one who keeps studying what nobody cares about yet, even when there’s no attention or validation. your returns are determined by how much uncertainty you can tolerate and how long you can sit on signal before it becomes a narrative.

True. There's also a second layer here. The person who studies what nobody cares about yet also has to know when 'nobody cares' means early vs when it means wrong. That distinction only becomes clear in hindsight. So you're basically betting on your own pattern recognition before you have PoW.