Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks
Day trading is a special kind of trading that is done in order to get profit from differences in prices during a day. E.g. you know that the price of a certain crypto is usually higher at 8-10 a.m. and you sell your coins at that time, while it is lower at 9 p.m. and that's when you buy it and it can go on and on. Good technique to get small but almost guaranteed profit.
You have very nicely explained with examples that how day trading works and how people are making money with it. You need to keep an eye on the graphs all day long in order to figure out the time which is best for you to buy coins and then again the time when you are supposed to sell off coins in order to have some decent profit at least. It is good for those who have much time free in the whole day to do it.