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....
It will depends on your skills in trading and if you have it, your day trading will be more profitable. Its given that whales have more money to trade but it doesn’t mean that they are the only one entitled for profit, because even small trader can be more profitable. Day trading requires great skill and control, if you can’t do day trading then better to trade long and make your trade a less risky.