What to do with only a few hundred U in the crypto world?
The only way is to engage in intraday trading, and positions cannot be held overnight.
Trading is about seeking maximum returns; how to avoid greed and not treat it like a job where you earn money by working for a day.
The core of the issue is how to ensure that trading does not lead to significant losses, to protect the principal. There are countless trading opportunities, and so are the risks; as long as the principal remains, you can continue to make money.
Any industry follows the 80/20 or 90/10 rule; only a few people can make money.
Ordinary people are often the ones being harvested; rather than being harvested by others, it's better to take control of your own destiny.
The crypto space is even more brutal, with 0.1% of people taking away 99.9% of the money from the market.
If you are not focused and professional, and do not have a good trading instinct, what makes you think you can take a share and make money?
This is a place where miracles are created, and also a place where bones are buried.
100x leverage drives people crazy, and unlimited trading hours make it even more addictive.
This is a paradise for speculators and a hell for gamblers.
This road is not easy to walk; persisting may not guarantee rewards, but once results come, you will find that the previous persistence was worth it.
