Imagine quitting your job or use your only life savings to start day trading crypto only to lose it all. Sadly this is the reality of most traders in crypto.
Countless studies have found that only 3% of day traders remain profitable in a year meaning 97% lose money after 1 year of trading.
Only 2% make profits equivalent to a person working for minimum wage and only 1% make substantial profits(prob whales/large institutions).
This statistic will remain true especially when trading becomes increasingly automated with better AI bots or larger institutions with a lot of funding continue to manipulate the markets to get everyone rekt.
In the end, no matter how good you think you are you can never escape this reality and one day it will come to bite you and you will understand why!
