If you take a look through Crypto Facebook groups, you often come across requests of “what to trade – questions” like “I have 20k to invest, which coins will moon, so I can take some fast profits?”. Usually the lambo-moon-hodl party starts right away and everyone and his wheel-chaired stepmom joins in, to throw in the name of the coin, which they likely hold themselves. Wishful thinking at its best. Especially if someone wants a “fast return”, they are far away from the idea of “investing” into something, actually they request day trading advice unknowingly. And day trading is a tough game. Keep Reading
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