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Last year,
~ 40,000 sol = $10,000,000
Now,
119,000 sol = $10,000,000
Now let’s think about it for a minute.
If you’re a trencher, selling for 0.5 sol profit per trade,
It’ll take you approximately 20,000,000 trades to get to $10,000,000
So let’s say you take 200 trades per day.
And you make 20 sol profit per day
And per week you maybe make 75 sol on average considering losses
Let’s put current markets into consideration, times are rough, less sol is being made right?
75 sol x 52 weeks = 3,900 sol
Per year, you’re making 3,900 sol.
It’ll take you 30 years to get to $10,000,000
Not bad to be honest.
But remember, that’s considering you’re profitable every single week without fail.
That’s not really possible is it?
So then why don’t we step back and think for a second.
We don’t need $10M do we?
$500,000 is probably enough?
Ok, but you’re missing the point.
You’re missing the point that some people made this amount in 2 weeks holding $pnut and you didn’t.
Some people made 5x this amount in 2 weeks on $FRED and you didn’t.
Some people made 5x this amount in 3 days on $TRUMP and you didn’t.
Some people made 10x this amount on $PEPE and you didn’t.
Some people made 10x this amount on $BONK and you didn’t.
Some people made 5x this amount in 3 days on $WIF and you didn’t.
Good luck ‘trenchers’ 🤓
There will come a time where you’re gonna use all that trenching money for the therapist who’ll be on standby waiting for your cope calls whilst you ask yourself, ‘why didn’t I hold ’ whilst viewing your $50,000,000 fumble, but instead you decided to take 0.5 sol profit.