For me personally investing for a long time is the main thing, and day trading or even scalping is another way to make a profit. When I trade it is very different when I invest, I mean in this case analyzing the market will take much longer because we have to predict where the market is going in a relatively short time. And more indicators are used to be more precise in predicting the next price.
Indeed, the benefits you get will be felt on the same day, but it's worth the risk as you said. If we lack mentality then it is not recommended to do day trading like this.
Its a personal choice on what you would really be dealing with since not all are really that good when it comes to scalping or short trade which they would rather decide to hold than to take risk on something that they arent really be able to be good at or something that they could handle it out and this is why people would decide that they will really just hold instead.Of course holding wont really be that simple as well specially
if you do able to see this market which does move on a random or no path manner which it would leave you some questions in mind on how these things could happen.
You do blink nor sleep you would be potentially missing out some price actions.
I want to think positively for people who are always day trading because of course they already know that this is trading and there needs to be capital both in terms of finance and in terms of knowledge because only stupid people who are involved in day trading do not have knowledge or do not study first formerly.
As for investing for the long term, I think some of us must have experienced this condition before, at least once. and of course they can look in the mirror from before, no matter how tough the conditions are, in the end we're back to the point where it's nice and green.