THE HARSH TRUTH ABOUT TRADING CRYPTO
Trading cryptocurrency can seem exciting, promising fast profits and financial freedom. But beneath the surface, the reality is far more complex, risky, and often unforgiving.
Here’s what most won’t tell you:
1. 80% of traders lose money:
Sudden crashes, "pump and dump" schemes, and unexpected news can wipe out portfolios overnight.
Studies and anecdotal evidence suggest that a large percentage of retail traders end up losing money. Lack of experience, poor risk management, and unrealistic expectations are common pitfalls.
2. Emotions ruin more trades than bad charts:
Fear of missing out (FOMO), panic selling, overconfidence after wins, and despair after losses can lead to impulsive decisions.
3. It’s time-consuming, not passive income:
Successful trading requires constant research, analysis, and attention to market movements. It’s not a “get rich quick” path—it’s a job.
4. Scams are everywhere—be paranoid:
The crypto space is filled with scams—fake tokens, rug pulls, phishing attacks, and fraudulent exchanges.
5. Volatility cuts both ways: fast gains, faster losses
6. Long-term holders often outperform day traders
Crypto isn’t a shortcut to riches. It’s a high-risk game that demands skill, discipline, and patience.
Trade smart—or don’t trade at all.
