For some people like me, trading is very risky because market fluctuation very high. I am prefer invest and hold it for long term because i see the potential of this market. Its true that trading profitable because its making profits from market fluctuation but it need trading skill and dicipline on our strategy
Not only you, but everyone knows that trading is a very risky business. Don't believed on anyone saying that it's easy to make money in trading, otherwise those guys are lying
They are not necessarily intentionally lying
As these people might have in fact made easy money with Bitcoin when it went straight up for a couple of years. If they were lucky to buy low and then sell high, it may in fact feel like it had been an easy journey for them. But as these days are most definitely over, now we have to slowly grind ahead as there is less opportunity to earn money and more opportunity (if I can say so) to lose it. To put it differently, now we are in the mainstream where only a few select earn consistently while the rest of the pack is mostly losing
The great volatility days is over when we do see price swings that almost 30-50% on a short span of time which can really give out possible profits
Well, it looks like these days are not quite over yet
But this is what we should have expected (and I have written about it a few times in the past). If money leaves the cryptoscene (e.g. due to a very long bear trend and then a stagnant market which this trend culminates in), we should in fact see increased volatility without turning into an established trend over time
This is set to to happen because less money is synonymous with less liquidity. But less liquidity means that the market becomes susceptible to sudden pumps and dumps. So if after today's pump comes as powerful dump, this theory should be deemed confirmed as I am disposed to think
