Am not really new in crpyto world but am always scared of taking the risk of trading. As an experienced trader what are the advantages and disadvantages of day trading. Please I need your opinion. I really want to know those risk so as to avoid them. Then the possible way to maximize profit.
Day trading is a great way to make some consistent profit especially in the bitcoin market given the fact that it is quite volatile and keeps changing, given if you really know what you are doing, i have tried it in the past and it really gives a consistent profit, but the problem with it is that it is only good for short terms and not long term periods so choosing it over other methods could lead you to missing out on some good profit, that is why in trading you should always try to mix and always try different ways .