Separating Fantasy from Reality: The Truth About Cryptocurrency Investments.
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I frequently come across posts from fellow community members here, filled with phrases like "To the moon" and elaborate tales of cryptocurrency billionaires. While the aspiration for wealth is universal, the reality is that approximately 95-98% of us will ultimately experience financial losses in crypto. Only a small fraction, around 3-5%, will find long-term profitability.
The cycle of making significant profits one day only to lose them the next day is often quite perplexing. In the analogy, if everyone were to become doctors, who would be left as patients? It's important to remember that when someone makes money in the market, someone else is usually losing it. The intermediary, or broker, consistently profits as they earn commissions in both scenarios. So, it's prudent to halt the daydreaming and focus on positioning oneself among that exclusive 3-5% of successful participants.