Quote from: TheUltraElite on April 29, 2020, 07:32:14 AM

Quote from: Bitlover10 on April 29, 2020, 07:05:50 AM

What you guys think about day trading in crypto. Is it profitable?

Yes and No.

Quote

If you doing day trading by yourself it's 99 percent of chance that you loose your capital.

A beginner in day trading will lose money. Even an expert will also lose money. But they can make money too. Day trading depends on your ability to predict the market and being able to read the the fine lines between indicators for making the profit. If you are skilled in them you will make profit otherwise you will lose money.

Quote

I was reading many comments on other threads that they talking about day trading is profitable.

Anything which a person is doing for years and years and has developed a second nature in will be profitable for them. But it is not get-rich-quick scheme, in fact nothing in this world is so. If someone says so then they are trying to scam you.

Quote

I don't think so. Only whales have profit and normal person loose their money.

Whales lose money too. Its all relative.

Agree. Learned it from my experience thinking it was an easy strategy no matter how you want to pursue earning from it.
I've learned quite few tutorials in Youtube about how it is executed and didn't know that it doesn't work the same way as in the tutorial.
I mostly just blind speculating that's why day trading doesn't work for me.