This highlights a crucial distinction in the crypto world: exchanges profit regardless of market direction, while most day traders lose money. Exchanges generate revenue through transaction fees, meaning every buy and sell order contributes to their earnings. They are the house in the casino, taking a cut of every game.
Day traders, on the other hand, attempt to profit from short-term price fluctuations. This is incredibly risky due to market volatility and the difficulty of consistently predicting price movements. The high frequency of trades also racks up significant transaction fees, further eroding potential profits. This combination of factors leads to the vast majority of day traders losing their capital a year.#XmasCryptoMiracles $BTC