Trading a whole day for 0.001BTC in profit sounds like a waste of time, regardless of how poor or rich someone is. I can't imagine people actually stressing themselves out all day for such a negligible amount
This is like 8 dollars a day
Which produces over 200 dollars a month (then compounding kicks in). I for one wouldn't call that a negligible amount, at least not for the best (or worst) part of the world. Indeed, it depends on how much effort you put into this but if you make a dozen trades daily in a semi-automatic way to earn so much (for example, using a ping-pong or similar strategy), it is not something to sneeze at. In fact, it can be fun and entertaining, so it is not like you make it look (stressing yourself out all day)
It all depend to where you are from. If you live somewhere in the 3rd world country, 8 dollars is a day of eating more than 3 decent meals. If the markets swings wild everyday, one trader can win big with dozen positions in the market sadly crypto market doesn't do that unless a coin is pumped
It depends, but 200 bucks is still 200 bucks
Especially if it doesn't require you to be glued to the screen all the time, day in and night out. A trade here and a trade there are not overly expensive in terms of both time and mental effort (unless
you make a big deal out of it). Besides, if you can be profitable on a consistent basis (even if it is only 8 dollars), it is just a matter of raising and adding more capital to the furnace to earn 80 dollars a day instead of a measly 8 (remember the power of compounding). But 80 dollars a day is not a monkey business even by the most first world standards
There are lots of us here who does that, why do you think we work the whole week of joining a signature campaign all for $30/week?
Many a little makes a mickle