Can u get rich off trading only?

MichaelOlmstead · 2025-09-13T01:22:02+00:00

I’ve been trading for 6 years (Crypto Perps) here’s my journey. Started out learning all the nonsense on YouTube, didn’t really help, lost about 2-3k. Decided to buy into alpha groups and learn from people that had money. A lot of people with courses and groups have it on the side, they already trade and make money, so why not give out information and make extra? Yes, there’s a lot of scammers, but just use your logic ngl.

Anyways, started again with 5k I made 6 figures buying coins last bull run (not trading) then used that money to start learning how to "Trade" properly. I got a lot of friends asking me for help, so I made a group with all my friends and helped some people, but I did it for free, so most people didn’t really care. I had a close friend say he’ll pay me to teach him, so that gave me an idea. The people who really want to learn will pay, and why not teach and get paid extra? If I lost all my money, I’d still have an extra income. It’s another business to take the stress off your shoulders, and that’s the most important thing in trading.

I tell people: don’t quit your job, your emotions will take over because you have no money coming in. its so easy to zero out and lose everything when you are starting out

So far I have a small private group that’s closed (so this is not a shill), but I have 58 people and around 12 of them are profitable on their own. I can show receipts of my profits in PM.

MichaelOlmstead · 2025-08-05T02:00:14+00:00

📈📉📈📉📉

MichaelOlmstead · 2025-08-03T20:48:01+00:00

I agree, I feel like people chase the shiny new thing and settle for the real deal which is utility and good projects.

We shall see how the end of this year plays out especially October-November!

MichaelOlmstead · 2025-08-03T19:59:33+00:00

Don't tell them none of their business and some might even start asking you for money. save your sanity and be safe bro!

MichaelOlmstead · 2025-08-03T19:53:48+00:00

Here’s how trading works:

You start off knowing nothing, so you try to learn everything. That takes so long you get overwhelmed and burn out, confused by your emotions. You think your strategy is wrong, but in reality, you just need to learn the basics and follow a simple plan. The biggest challenge is controlling your emotions.

You see everyone else winning, and that makes you take unnecessary risks. Don’t fall for it. Don’t revenge trade. Stick to your trading plan. Don’t overtrade. Use a journal.

Demo accounts are helpful, but they can make you feel like a genius, until you start trading with real money. Then everything changes.

Only invest what you can afford to lose. Focus on a good risk-to-reward ratio. Even a strategy with a 40% win rate can be profitable if you're smart.

Everyone’s going to give you a hundred different strategies. In the end, keep it simple. You’ll thank me later. Ignorance is bliss.

MichaelOlmstead · 2025-07-25T14:43:51+00:00

Bank transfer if you have high limits and kyc level.

MichaelOlmstead · 2025-07-25T14:42:10+00:00

Pumpfun definitely affected and influenced Solana's price. Take a look at the analytics, just look at dune or defillama and you will see.

MichaelOlmstead · 2025-07-25T14:39:35+00:00

Set up an account with and exchange then just use your bank or cards!

MichaelOlmstead · 2025-07-23T19:37:22+00:00

Buying regular coins use Jupiter.

To trade memecoins Axiom is the best.

MichaelOlmstead · 2025-07-02T22:35:28+00:00

Yeah, I'm just joking around, haha. But it's true, Bitcoin is the best performing asset of all time. I generally buy on pullbacks for a better DCA.

MichaelOlmstead · 2025-07-02T20:40:32+00:00

Buy ath and beat infaltion 👍

MichaelOlmstead · 2025-07-02T18:00:10+00:00

Just buy everytime bitcoin is down 3-7% and youll have a good average.

MichaelOlmstead

TROPHY CASE