I think a few traders are partially doing that (trading altcoins and memecoins) but majority of them are doing the opposite, they are turning $10k, $20k and $50k  to $200 or $5. I saw a post on x last year where a trader cried out after being liquidated by one memecoin he was trading. He is not the first person it has happened to but if you research about it, you will discover there are many people that did very well in the opposite way.  Trading is not a get rich quick scheme, it will take time before you succeed but if you have a short term breakthrough, it you luck and if you are not careful and financially wise, you will still spend that money in feeding the market liquidity.