Alliance DAO co-founder warns crypto users trading US stocks: You think you're a shark, but you're just a fish.

Odaily Planet Daily reports that the co-founder of Alliance DAO responded to previous comments about "crypto brokers facing stronger competition when trading US stocks," stating that he was certain of this because he himself was one of the "professional counterparties" in the US stock market ten years ago.

He stated, "About one out of every 20 trades you made in the US stock market was against me. I knew my own limitations at the time, and I was also aware of the capabilities of peers like Jump and Citadel—we had completely squeezed out every market inefficiency you could imagine."

He emphasized that retail investors might have a "lucky few months," but the only way to make money steadily in the long run is to buy quality assets and hold them for the long term, most likely index funds. If everyone did this, the professional trading industry would not be able to survive.

He concluded by writing: "The worst performers at the poker table are always those fish who think they're sharks."