Post
Topic
Board Trading Discussion
Re: Who are the 1% of traders who earn with trading?
by
Psynthax
on 27/12/2020, 15:13:41 UTC
What percentage of ppl who do this full time make a yearly profit on this?  Thing is when crypto is down all year like few years ago, how did any of these traders make any money is what i want to know?  Because if everything keeps going up... its like well its hard to lose if you only buy/sell the top coins.
They usually took profit from occasional pumps and dumps, it could be easily done if you trading short term because these pumps and dumps are like waves, there's time when it goes down but it will surely make a recover if the coin is good enough. By that, despite the bearish market they could still make some money and the rest of them more specifically long-term trader always bag holding and keeps buying when the coin is at its lowest point.