Don't talk nonsense; making money in the short term only exists in theory. If you really want to get serious, long-term investing is more reliable.
In theory, short-term trading does seem appealing, raking in profits in the crypto world every day, potentially buying half the planet in a year. But look at reality: high-frequency trading is played by Goldman Sachs, who rely on machines worth millions of dollars to make profits in milliseconds, trading hundreds of thousands of times a day. Can you do that?
Ordinary people think about making some money in a week and then running away. But the volatility in the crypto market is unpredictable; no one can guess correctly every time. If you make one mistake, combined with the transaction fees from back and forth trading, your money will only keep decreasing. Just frequent trading alone, even if you break even, can eat away more than half of your principal over the year due to fees.
Don’t believe in the nonsense that making a little money every day will make you rich; it’s purely an illusion. No matter how high you jump, you can't fly. Those who truly make big money in the crypto world are the ones who catch the big trends and heavily invest to rise quickly.
No one likes long-term investing; everyone wants to see their money fast. But short-term trading is a pitfall. Watching the market every day can drive you crazy. By giving up on short-term trading, you will outperform 80% of retail investors and live more easily.
Follow me for focused analysis on the crypto market; the goal is to make you understand that to survive in the crypto world, you must grasp the principles of long-term investing. Feel free to ask questions; I can help you clarify your thoughts.
In-page focus: BTC ETH MEME
