What are the benefits for "cryptocurrency day" trading?

[jonathancool220]

Daily trading requires precision in reading the market, must be brave to stop losses when the coins purchased have decreased in price.
if you don't dare stop losing your bitcoin will run out when the altcoin you buy continues to go down and worthless.

[de_prof]

I think with more and more people getting attracted to day trading, and basically because there are certain  benefits it poses.I know it attracts more youngsters than aged. It appears simple, easy, and lucrative.
The day trading benefits varies with person to person. What one perceives as benefit, may not be so for other. Let us know some of these benefits.

You can get benefits from the high volatile of crypto curency by day trading. I have done it.

[Zed0X]

Day trading appears simple, easy, and lucrative when the market is on a bull run. But when it becomes bearish, all hell breaks lose 

[idranus]

the benefits of trading can affect the trading volume the higher and the better the more opportunities for profit

[ShadowInTheFog]

Most seasoned investors would advice against day trading if your knowledge of TA is poor and you lack experience. It as well could be a very nerve-racking activity, I myself was always on the edge when I tried day trading, not worth it.

[zgrdyg]

Day trade can create pocket money for daily. But if you are not cold blooded you can lose that money too. Day trade needs a precision timing:)

[Marby]

if I think you are good at trading, I'm sure you will also get better profits every day, by knowing the technical basis of trading, so you will also be easy to get profits .