I want to get into crypto day trading. It truly fascinates me. Out of curiosity, if anyone does day trading comment what crypto you made the most profit on in a 24 hour period. Please tell me what crypto and the total amount of profit you made. Thanks
That's a question you won't get an honest answer to. Just like you wouldn't ask a fisherman about his biggest catch
I myself was a day trader for a long time, but then it just became too strenuous for me, especially alongside my day job. In day trading in particular, a few minutes determine whether your trade is successful or not, you have to be able to concentrate very well and/or use bots.
If you are completely new to the trading market, I would strongly recommend working with paper trades for a few months before investing any money. Otherwise, you are very likely to lose everything relatively quickly!
HODL and a combination of DCA would be very good to implement. Don't just sit there, make the best use of opportunities to increase your average profit.
This is basically true, but of course has nothing to do with a trading strategy as the OP asked here. DCA is a form of investment (which I also use very successfully, even during bull phases), HODL can still be seen as an investment strategy in the broadest sense, although here you would actually need an exit strategy ("At what price do I sell my BTC").