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.
Yes for some people they always skip the basics, they need to learn it first before trading. That is the common reason why most people quit trading these days, they thought that it is to earn in crypto some say they will follow some signals in telegram or Twitter but the end they are still losing because they even don't know how to put stop loss or some DCA or maybe they are buying shitcoin because they saw it to other.