You've surely seen posts like this:
"Bro, if you just earn 1% daily soon you'll be rich!" đ°
Sure, compound interest can make small gains grow fast. But if itâs so easy, where are all the millionaires? đ€
The truth is, consistently getting 1% gains daily is extremely difficult, regardless of whether you're trading $BTC or $WIF or traditional stocks. Some days might be profitable, but markets also move sideways or drop. đ
Even professional traders rarely outperform the S&P 500 index, which returns only 10.5% yearly. Yet some influencers suggest you can earn 1% daily?
â ïž Also, be cautious of leverage trading! It can boost gains, but it can also magnify losses, wiping out your capital. Plus, many influencers only show their best wins and hide their losses. Some even fake results. đš
đĄ Thereâs no shortcut to wealth â if it was so easy, we'd all be rich already.
#Crypto #Investing #Rich