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RE: Maybe all the money flowing out of Cannabis stocks is coming back to Crypto ??? Who knows....
Yeah, I meant the markets in general. People who know what they're doing will make lots of money... from the people who don't. A lot of people don't even pay attention until the rise makes headlines, and then they get in for fear of missing out. Then they lose half of their money in hours or days. You have to know when to get in and when to get out before you even put on the trade.
Sometimes you get used to making $10,000 a day and start to believe the hype.
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I made the same mistake with Bitcoin... thinking it was just going to keep going up forever.
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On a long enough timeframe, it is going to go up insanely high. Some people might be smart to just invest and hold for years, but you can make a lot more money if you know what you're doing and play the ups and downs.