Is day trading a thing in bitcoin? Does anyone practice it? Also, how big is the benefit someone could make of it? Is it substantial or just some minor benefit?
yes, absolute you can. You can use 30 minutes chart or 1 hour chart, you buy in the morning, and take profit in the evening, in case you choose the right coin, of couse. But remember that, you just can do that in up trend, and now is down trend or not up trend yet. you just stay that and wait for up trend. dont trade now. You will be regret.
Yeah there are some strategies and techniques that one must follows to make a good earning at the end of day. People often dont learn before getting into this world of trading and thus they have to face severe circumstances. But for sure, people are always interested to make good earning as well. Like you have said, buy low and sell high this is one of the basic rules of trading