And how many people will ever get the chance to buy Bitcoin at 1 dollar? Out of the hundred of coins do you know for certain which is going to be the next big thing to give you a 100x multiplier? You don't, nor do you have enough money to invest in them all. With daytrading you always try and catch the highest growth. Most people suck at it, many don't.

Now imagine I bought at 1 dollar and sold at 1.5 every fucking day. After 40 days you would have over 11 million dollars. Off course real life doesn't work that way, cause you can't move that amount around every day and few people have the skill to trade that consistently. Point is, holders who call daytraders retarded are either too unwilling to admit they alone suck at daytrading, or too fucking stupid to understand basic math. You don't even need to 50% gains each day. Ethereum has an average growth of about 0.15% each day. Now imagine what 1% growth each day give you. And no it's not 1/0.15 = 6.67x more growth, it's far more than that. Problem is, most people don't understand this. Most people don't understand percentages. Most people will stay poor because they don't fucking understand math.