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?
Trading cryptocurrency is not simple job. There are now a lot of traders who quitted because they lose big amount of money. If you want to become successful trader, you should be brave and have courage to face all of the challenges and obstacles.
For professionals there is little risk these people do not panic selling they can control their emotions. I think daily trading is only risky for beginners due to high cypto volatility and will do panic sales when declining, it is much more advisable to just hold for these guys
We do not need to be professional to learn how to control and don't panic.
The thing that we have to do is just to educate ourself and know our real purpose why we are investing in crypto, definitely there will be more
market dump but what's important is it will be able to sustain and survive in the future.