Over the weekend, I came across a shocking post: a big shot who made 45 million dollars on Binance directly told retail investors that day trading is a "legal scam." Institutions have Bloomberg terminals to observe order flows, but what do retail investors have? They stare at a few lines on TradingView, thinking they are doing technical analysis, but in reality, it’s no different from rolling dice.

This statement hit hard! It reminded me of last year when I followed the trend to trade cryptocurrencies, setting 5 alarms every day to watch the market, drawing candlestick charts more seriously than a college entrance math exam, and what was the result? I made a profit 3 times but lost more than once. The most ironic thing is that kids on TikTok who can't even explain "spot leverage" make 100,000 a month by teaching people the "golden ratio trading method," and the comment section is flooded with people calling them "awesome teacher."

 The big shot calculated an account: assuming you have a win rate of 51%, but accounting for transaction fees and slippage, trading 100 times will definitely incur losses. What’s even more heartbreaking is — "the stop-loss line you think you have is actually the institution's ATM." His secret to making 45 million is just one sentence: "Holding back from placing orders is 100 times harder than learning to place orders."

Now I finally understand:

1️⃣ Don't treat your grocery money like a hedge fund; low-frequency dollar-cost averaging lasts longer than staring at the market every day.

2️⃣ The real opportunities to make big money may only come 2-3 times a year.

3️⃣ Profits are not made through "trading"; they are made through "holding" $BNB