The reality of making money in the cryptosphere

in #income6 years ago

This particular post it's not going to be a well pro well elaborated article...it's just an opinion of a dude trying to make some money in this market,and i know after you read this you will hate on me.
All of us want to become rich right?
Let's be honest all of us we do appreciated the financial freedom that crypto can offer,the decentralization the privacy etc,
But there is one thing that i believe most of us care and that is GAINS.
So we try to profit from the volatility that this market is manifesting...all of us we saw the mad gains that BTC has performed so we got the profit bug all of us we are trying to simulate at least 10% of what the real OG's has done...
So we are constantly trying to figure out the market,trading,mining,holding hell some of us we join ponzi scams in order to gain some profit(hopefully) etc,etc.
But reality the bottom line is the price that the market is engaging you cannot time the market and you most defensibly cannot create a system that is constructed and manifested as the reflection of the market,(some swing traders are trying to figure out the market) and yeah...maybe for 2,3 traders your strategy might work,but at the end of the day you are at the mercy of the wales ,the big boys you have a 90% chance of failure as a trader you have a 70% chance of failure as a miner as the difficultly is well rising about the btc price,and by holding you will make money,problem is you don't really know when....so that makes your strategy very tense and basically you are in the dark as far as your income....
You cannot make this as your full time income,and if you are kicking ass right now...understand that the market is allowing your success to be created,what you need is to HODL and produce your day to day income in a whole different industry your crypto income should be a tool that in the long term pays of your :HOUSE,CAR,EDUCATION basically the big bills but never ever count on it as a monthly income as this market is very volatile.

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