What you guys think about day trading in crypto. Is it profitable? if yes give me reason.
If you doing day trading by yourself it's 99 percent of chance that you loose your capital. I was reading many comments on other threads that they talking about day trading is profitable. I don't think so. Only whales have profit and normal person loose their money.
What your thoughts about it....
Day trading is profitable because crypto is highly volatile but the question is you are going to make profits from those volatility or not?
If you have enough experience and skills you can make profits from day trading.
Whales influence in day trading may not be that much because they will manipulate market once for a while so if you are doing trading regularly you can still make profits.