My experience told the opposite stories:
1. It is the most relaxing one. Much relaxing then doing my routine as a Youtuber. My trading strategy focus on footprint chart and the use of Point of control and Price imbalance.
2. I spend less than an hour day (around 7am-8am) to update my chart and adjust my position.
3. About scam, I worry less right now after FTX collapsed.