Day trade is good now, or is just when market is more unstable ?
I've heard a lot of news from business news outlets that wealthy traders do a lot of short term trades at this year and I've got to agree with them. We can see that it works but you need to have at least one btc to feel the profits because the spread that btc gives everytime it fluctuates is only below $1,500.
This is the reason why to be able to day trade; you will need some substantial volume to trade with it so as to be able to get something tangible from your trade. I am not in favor of day trading at any occasion I am just mentioning this in between before making a strong statement for day trading.
It is the way it is, there will always be fluctuations with some ups and downs in the market, but you still also have to understand that as much as the profit may be there potentially, so is the huge risk when it comes to the market moving faster downwards and you are not in any way cutting losses quickly.