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....
As a beginner, you will obviously lose a lot from here.
It is not that only whales can have a profit in day trading. It is just that day trading is not that easy to do. We all know how volatile cryptocurrencies are and that is the reason you need to cope with the fast-changing market while maintaining that profit or managing the risk. The one that will be having profit with this is those people that can read the market well. I can say that they can't really have a profit every day since as I said, doing day trading is not an easy feat, it is really hard to do.