Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
Day trading only suits for people who has a great patience and has a lot of time. In day trading you will get a little to big profit or sometimes nothing it depends on the coin you are invest with but yes it is profitable I have tried it before and I gain a little in my asset but that was before when I have no job to work for . You need to pay attention in day trade so that you will go with the flow of the market.
in daily trading you will find profits little by little by exploiting the instability of the market every time, so we are required to be patient. and true if you say daily trading is more suitable for people who have a lot of time. I also feel the profit when I trade daily, my strategy is to buy when the price is low and sell when the price is above the purchase price. if the price does not match what we expect, I will be patient to wait until I think, I have benefited. but all that I do with coins that I feel are good, not just holding a coin. must be careful in choosing, before the loss befall us. because right now there are too many coins whose prices are going down, but it's hard to go back up.
No doubt the profits made with day trading or daily trading are little ones but it is the most beneficial form of trading because the trader is able to make benefits on daily basis. On the other hand, it is also the most difficult one as making right prediction on hourly basis is a tough challenge. Patience, knowledge and the right coin are required. It is best to choose bitcoin.