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....
There are still many people making a profit from trading. But according to statistics, traders in the US usually take 3 years to learn and learn about the market. and also more than 95% of new traders lose money in this financial market. But after that, they have experience and they can make a lot of money.
It is important that you have the patience to learn and to improve yourself. This is quite a special job and it requires perseverance.