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Those people who turned $100 to $1,000,000 are a VERY small minority. A lot of people in this market lost/barely made any money.

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by COINS NEWS 166 Views

We as humans are always biased towards looking at the extreme stories.

We only remember the man that made $1 million from $100 or the man that lost $1 million overnight after investing in insert shitcoin here

We never really look at the 99.99% of people who barely made any significant profit in the market and still don’t know how most of the market operates from DeFi to liquidity pools to staking.

It’s only now, after 3 years, that I started really understanding how things like compounded APY and lending from platforms like AAVE work.

Started investing more into projects with actual utility like BitDAO instead of “get rich quick” hype coins. At least this way I know I’ll be making slow but consistent profits off of a legit project instead of believing the fantasy of 1000x overnight that will most probably leave me disappointed and with less funds in my wallet.

submitted by /u/Soggy_Pin8799
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