In fact that's a great and fair statement
An average 1% a day with compound can turn your $1,000 into 6-figure wealth
The only drawback is that you have to maintain that 1% 24 hours a day, 7 days a week, and 52 weeks a year
Make no loses, make no pauses
Then it turns to be complicated, isn't it?
It isn't. I dug up into some stats of mine and found out that my live positions on Meteora print ~300% a day on average
That's 300x higher than that 1%
But I do pauses, I make losses
However there's a huge ton of tweets from people who make $30k+ per month with LP
And my goal is to join their ranks, but to improve my LP skills first
1% a day turns $1,000 into $35,950 in a year
2% a day turns that same $1,000 into $1,247,561
This is one of the most fundamental things in LP
Once you get it, odds are you'll end up rich
No need to chase 1,000% gains, just stick to the strategy and grind every day
Taking on too much risk and eating big losses sets you back days or weeks
Risk control, discipline and cutting losses early sets you back just a day or two
Just look at the table and let it sink in