I have been day trading for roughly 5 months now, and i have different perspectives on it. It is an effective method for actually making a living, if the right knowledge, amount of money and time is invested, but also very risky in terms of psychological stability and time consuming if not done by someone with good experience. As some of the users here, i experienced some kind of sickness, and being involved with it all helped my relationships turn a bit less stable. On the other hand, i wouldn't say it is a way of exploiting bitcoin, that is a negative way of looking at it. If it wasn't for day trading, cryptocurrencies would probably take much longer to popularize. Instead, i see it as one of the many possibilities brought by such disruptive technology, as any other good that gets into the market, traditional or not. It is a very good way for accumulating different coins and holding, i risk saying that it even makes the system stronger and healthier, for it maintains a viable cycle and gives many the opportunity to learn in different ways, either regarding getting to know the market or practicing self control and discipline. From a deeper philosophical point of view, risk management is always part of everything we do in our daily basis, and we should learn how to improve it, thus facilitating the acquisition of know-how to make good use of all the tools that are available for us to prosper in different aspects of life.