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?
On a scale of 1-10 i think 9 why? Day trades can't lead you anywhere if you are not a good trader in the first place that actually earns sometime. In day trade doesn't mean you are required to earn everyday but almost give the hardest time even on experienced traders so yeah good luck if you're willing.
That is true. Bitcoins are not easy to earn or earning from isnt easy as well. So day traders must know how much they have to give to their day, energy, time, money and willpower to get to know about what is happening every five minutes. When to sell and when to buy so that maximum profit can earned, this is really difficult. So whosoever goes in it, be vigilant and wise.