Day trading isn't as simple as just buying low and selling high, it just doesn't work much with altcoins in my experience you got to do it in BTC/USDT. If you take a look at the SNTR today, its almost worthless coin where you can't even see updates that can make the coin spike a bit to attract traders but with BTC the price can just swing in everyday where your chances of earning is much larger.
Briiliant, you hit it. Painful part is the fact that the SNTR team had to swap with CIL but with limited supply in relation to CIL. Also, hodlers of small volume of SNTR could not swap but to accept fate. That alone caused huge dump. Even me, I dumped all for $2 and moved on. I think both has very huge bad sides. And that is my concern as i'm sick of throwing my hard-earned cryptos into pits.