Fair question.
A lot of people on Steemit thought, for a while, that they are good at trading. They bought something, sold something higher, made a profit. Repeat.
Repeat enough times and you can feel like a winner for life.
"So what do you do?..."
"Oh..i'm just...A CRYPTO TRADER!" smirk included.
I'd say there are 3 huge reason for this. Maybe more but let's focus on these 3.
#1 MATH.
Applied math to be exact, every trade has a 50-50 change of being a good trade. Think about it, every time you buy something....there's a 50-50 chance of the coin going up or down. Like, you could go right now on Bittrex, get anything that sounds nice to you ( I really like how "ArtByte" sounds like ) and wait. You might have just made a little profit! CRAAAAZY!
You can throw a coin a lot of times and see head head head. You would not call yourself professional coin flipper wouldn't you?
#2 BEARS!
Yeah, they are out there, our spirit animal, pushing the market up! It's all gone crazy in the last months and almost everyone who bought smth feb-may, now made some profit to huge profits. I mean, when all the market goes 4x it's hard to lose money. It takes special skill to lose money! So most Steemians made money. Making money feels nice.
#3 INNOCENCE
This cryptomarkets are just getting started. The "real" trader, the sharks are not here...yet. But with more and more and more and more people joining the scene, this immature market is about to get a rough awaking.
The edges will be thinner, the competition fiercer, a lot of newly minted "traders" will see their profits going extinct.
Of course, you can still call yourself trader even if you lose money...
Listen to this man. It takes a looong time to be profitable trading. Count your blessings and your money and be mindful of your own stupidity. If you are serious, get on learning and get on the level.
