Quote from: goinmerry on Today at 10:20:07 PM

Quote from: Cryptolayman on Today at 03:19:50 PM

So I believe what I'm interested in is called "day trading". I have found numerous pros and cons regarding this method, but as I said, I want to engage in something on a daily basis, investing and holding on for a period of time is something I'm really not interested in.

I think you already did your assignment and knows well some of the risks you might encounter.

Since you are now aware of it and you also mentioned, already found the pros and cons of day trading. The time now to prepare yourself to do the real traders and not just by readings.

You will only know the result once you engage in actual. We can't give you the exact strategy you need to follow since it should be in your own way as we have different strategies. Goodluck is all I can say and you can update us here on your progress if you want.

Don't start big. Start small and have the actual experience first. Once you got the grasp of actual day trading, you can use more funds, if you are already convenient with it. But Coinbase and Binance are good exchanges as they have insurance in place also. So your funds are safe in those exchanges. While other exchanges don't have. Better be careful in trading with them and if possible, don't store your coins with exchanges.