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You're sadly correct, the compound effect is a hell of thing. If I didn't become a pot head 7 years ago and put that money towards BTC I'd be in a much better spot today. I learned my lesson and have been clean for months now. But good habits also have that compounding effect as well and completely change the tragectory of your life in a positive way.
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I can disprove your statement. I am happily married more than a decade with two beautiful kids. Working for myself on my own terms and living in a beautiful part of the world. I’ve got a stack that is never going to feel big enough but probably will be in 5-10 more years. No way all this fortune is a result of my dumbass decisions. 🤣