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?
The reason why day trading is extremely risky is because there are altcoins that can be considered as bubble. You can easily lose your money if you pick wrong altcoins. You should really choose wise altcoin for you to generate income.
If you are trying to pic a coin for daily trading you only need a good coin in terms of having a big volume because this coins is so volatile so you can make more movements and in just a minutes or hours you can make a swing trade but this requires and recommended for the traders who have skills in this style.