$ETH Beware the Digital Mirage: Overnight Riches Are 99% a Trap

The allure of "getting rich quick" in crypto is seductive but riddled with pitfalls. Tales of Bitcoin or Dogecoin’s meteoric rises fuel fantasies of catching the "next big thing" and leaping into wealth. Yet, these headline-making "lucky" wins are rare, one-in-thousands outliers.

The truth? Over 90% of short-term traders lose money and leave the market. Wild price swings, risky leveraged contracts, and market manipulation can wipe out unprepared retail investors overnight, far from making them rich.

Crypto isn’t inherently a scam, but treating it like a lottery invites disaster. True long-term winners are disciplined investors who study fundamentals, track trends, master profit-taking and stop-loss strategies, and prioritize steady growth over get-rich-quick dreams.

Wealth-building is a marathon, not a sprint. Skip the overnight doubling fantasy—do your research, understand risks, manage your funds, and aim for consistent, measured gains.