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?
The potential is pretty high for get a lot profit, probably higher than most people make if youre good enough. the reality is that most people arent successful. for one, Focus on consistent profitability, then figure out how to maximize your gains from that without taking on too much risk. However, If you want to become a professional trader then dont limit your options. You can trade without hemming yourself in to day-trades. There are any number of option strategies where you can make 40% to 50%+ annually and more reliably, but that may take days, weeks or even months to develop.