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Unpopular Opinion : We will not balance wealth inequality with crypto.

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by COINS NEWS 199 Views

I think many people believe some version of this ☝ that if you play the crypto market smart enough, do enough research, and use every resource available to you, you will beat the whales and end up incredibly wealthy. This is simply not the case. At the most, you'll end up with a nice nest egg that can help you live a stress-free life - if you're all I just said above and more (or incredibly lucky).

The big investors (whales, those with billions to throw into investments) play a different game than us. They have access to resources and maneuvers we just can't imitate on our end without levels of effort that would limit your life to just trading and means to better your trading. Even with that, they don't need the level of luck you and I would need to get there. This is not a fair fight, "the game is rigged" as they say.

If you have 10 billion to invest, the most advanced AI trading bots, the best financial advisors (yes a great percentage of them are dumb but not all of them), and the caution to segment your investments wisely, you can make moves that could gain you incredible amounts of wealth in much fewer successful trades while vastly limiting your losses. Even for those who do "beat the system", they won't switch places with people like Buffet, Bezos or Musk. They probably won't even become like the Winklevoss twins, who basically won the lottery when it comes to investing. Investing smart can help you see growth in your wealth over time, but don't expect to go from "rags to riches" so to speak.

submitted by /u/thebeardedgreek
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