Yes people can get rich in trading but not in an instant. And it also depends on how much you’ve invested and for how long too. I know someone who’ve invested his last pay at work and every time bitcoin reaches a new ATH he would announce how much he profited. But I don’t think he ever withdrew his profits and kept hodling up until now.
Yes but it is funny that most people here said NO. I knew that there were lesser amount of people who purely just keep on trading everyday all day, and more people who like to invest. I like to call myself an investor, I rarely ever buy and sell a coin at the same day, probably do that because I want to move money around, otherwise I would never do that.
I should say I usually keep the coin as much as I can, and check how it is going and unless its at the price I want and not going high, I will not sell it, I would consider selling if it reaches price I want and stops going further high. And I only buy when I have a price for it to drop and if it reaches that price I do end up buying. Plus, I do not deal with low level bad coins that are risky, I usually end up trading top 100 coins and not under, there were few times I found some of them good as well but it rarely goes out of top 100.