In the current situation, about 60% of people are focused on short-term investment. When they lose all their money in short-term investment or trading, they get very broke and they start saying that all this is fake. The risk of losing your money in short-term investment is much higher. Nowadays, many people start trading by watching trading videos or hearing from someone, they never research these things to see which one will be good for them. If they did a little research before stepping into this trading, they would never have traded and would not have lost their money in trading.
If a person makes long-term investments, such as buying continuously based on his stable income, then his chances of profiting from his investment are much higher. If a person sets his goals before investing, such as how many Bitcoins he will accumulate in his portfolio, how long he will hold his holdings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.
OP you are right because this quick money without having the basic knowledge is actually what most new beginners are experiencing nowadays. Which is very wrong, sometimes I used to wonder why people can't exercise patient and go for long term investment than losing all in the name of chasing quick profits.
However, the most annoying part of it is that after watching those movies about making money they wouldn't still do prober research before venturing into it. Hoping that what favor the first person is also going
to favor them, then at least they ended up making the same mistake everytime.