Right. There are people who ask how much I will earn per day or per month when I become an experienced trader and I have a lot of experience. Trading is not a stable income or a fixed profit. The truth is that you will have to lose a lot of money, learn through this experience, become a better trader in order to earn more later. There is no gain without loss.
I agree, over time you already understand who is worth listening to and who is not. Who can give good advice and who is terrible
The thing is that some people don't just learn the basics, and they might have heard from their friends that they can earn a lot of money from trading, so they just dive into it without learning first. Trading profits are not a stable source of income, as they usually vary and also depend on the amount that the person has invested. Some experienced traders are making big profits too, but they put in a huge amount and risk their investment, so if it turns out to be a loss trade, the amount is usually huge too.
We believe that new traders always run our losses while old and experienced traders are always on profit, but in the real sense things are not actually like that. There are some old and experienced traders who have not found a way to win continuously.
I know too well that in the forex trading many people lose a lot of money, even the people that are experienced and are experts in teaching, when it comes to practice, they will lose money, but I don't know about cryptocurrency trading. I believe it is similar. It is not everyone that wins and wins continuously. Just that in order to maintain their prestigious level, they would not want to show their losses rather keep displaying their profits.