I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?
Investment is not gambling if done thoroughly and carefully, but day trading most certainly is. But the problem doesnt just lie in the highly volatile nature of the practice but actually in the frequency itself. Because you make lots of transactions, you will also pay a large quantity of fees for a relatively small percentage gain on money invested, which further diminished the methods reliability.