With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?
Day trading is a rather risky business. But at the same time trading in the day you can earn a lot. Large earnings are usually always associated with high risk. In the crypto currency market, there is very high volatility.
When its bloody enough to buy ,day trading may be the solution to earn even a little, having some earning thru watching the coins that did increase or decrease in just hours can be good to trade.
On one hand, day trading is the best thing to do as it really helps you in earning of some good amount of money and that too on daily basis but on the other hand, it needs you to be very much sharp and active minded because you will then need to make the decisions on the urgent basis and that you need to control all the things including your emotions as well. You should only go for it once you are extremely good at trading.