>>60669763 (OP)TL:DR the only people who make short term profit and those who partake in rug pulls or get lucky and get in and out before the rug pull. The wild west days of crypto are long over and everything is controlled by whales and scammers with the exception of large and established coins which are best off being a long-term investment.
It's like day trading, something like 95% (probably closer to 98% if you factor in inside trading) of people lose their ass but people will still swear by it and try to get you to buy into their coin. You're better off putting everything on a single hand of blackjack because the odds are more in your favor, unless of course you have inside connections.
