The Real Reason 90% Of crypto Day Traders Lose money

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steinar.fossedal
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In this video, I share my opinion on why 90 percent of crypto day traders actually lose money. I believe that the whole concept of day trading is a fundamentally flawed trading model which encourages high trading costs which eat up the majority of profits often requiring investors to generate substantial and uncommonly high returns just to be able to cover their trading costs in the form of spreads and fees.

If your a crypto investor or thinking about getting into crypto investing it's important that you know that most day traders lose money and that actually buying and holding good investments long term is a much better strategy as it has been proven that it is more likely to create profits for investors not huge commissions for brokers.

Please remember that I am not a financial advisor and that this video is not financial advice.
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Crypto Trading
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