Quote from: Xising on October 24, 2018, 12:29:52 PM

Quote from: pempek19 on August 18, 2018, 05:38:53 PM

Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.

Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.

Well, although I agree with the above-stated things, I also, thing that if you are into day trading, the risks that you should shoulder is way more compared to other people who venture in other fields in the cryptocurrencies market. I say that because of the fact that it is required of you to closely look at the market because the window to make trades is very narrow, especially since the market is not doing so good at the moment. I know day trading can really be profitable, but at the same time, it can also be a market that can make you regret.

Day trading is no doubt a very risky way of making money, but I think that it is also the shortest way of making money, in fact from day trading a person can make a lot of money in a short time, because short term investment always give us opportunity to make money from there.