Penny trader, not investor.
I play many roles. It's entertaining when you are able to convert crap to useable asset. Now one does have to have the ability to manage any stress from selling at a loss and moving on to the next trade. Some people are not able to sell at a loss and thus can be left holding an empty bag.
Amazing the amount of funding that was raised via XAI
Always wise to diversify.
I agree with you.
Most have no business trading markets. They do not have the emotional intelligence to do it. They want to tell the market they are wrong and expect it only to go up.
As they say, the first loss is the best one.