I prefer to do my analisys, set limit orders, set alerts for when the orders are executed, and then come back only when I get alerts.
If you are doing a day trading in bitcoin then it is fine if you do have the time so that you can do your own analysis when you are going to do a buy and sell, I have some of my friends who are doing that although they are just earning a little at least it is just like they are paid per day especially if you know how to predict well.