What are the benefits for "cryptocurrency day" trading?

[Bobcrypto]

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.

[Zuriel]

If you are professional you can easily figure out the ttiming of buying and selling an Altcoins in just a moment you can have easy profit.

[Lukasz]

Or and buy some dropils. Looks easy and solid especially for those that can stand the heat also in a rising market its much easier than in bearish one i rememeber this december ltc went 3 x in very short span of time and then all alts followed suit a lot of lucky ppl won lottery tickets

[BlackWidow]

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.

The advantage is that you can earn 5-20% in a short period of time. But this requires a lot of experience.

[skjude001]

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.

If you devote all your time in day trading then it could work like magic that its instant pay. and yes it attracts more with younsters because its easy and simple and doesnt devote their time to other shitty things like work. unlike us adults who became slaves to work

[altcoingamer]

It teaches to you to understand the bigger picture of why things go up or down, and why people scalp profits faster than you would think.  Sometimes just investing and holding doesn't really open your mind up to the world around you and why if you're doing well, what is it about this coin that makes people not want to get rid of it, or if you're bag holding for long periods of time.. what its like to buy much lower and let it go before you get out of position... You can gain this experience paper trading if you're scared of losing money and theres even a testnet for BitMex if you want to paper margin trade.. I promise you you'll be amazed at what you learn!

[Mbah Jenggot]

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.

I think If you are profesional and have alot of time, Day trading is good way to get alot benefits.

[inewoods]

I guess should be the fact that it can be more lucrative than long term trading and the funds you have will not be hold up like what long term need. But at the same time i believe it requires you to be in front of your computer screen to monitor the price movement and making the decision instantly.

[xeroz]

Some of the crypto-day-trading are that we can gain the profits sooner as long as we know the right time to buy and the right time to sell. many day-traders have the certain specific strategy to obtain the profits. Of course it may be risky, but, when we have more capitals, little increase will mean much for the amount owned. The risk itself is not as big as the long holding.

[cryptothief]

Day trading is a tough place to start for someone with little or no experience in trading. In my humble opinion, it's better to start with swing trading, leaves more room for errors when starting out. Can always move to day trading once you've got some experience under your belt. Otherwise you leave yourself open to losses trying to chase quick money. If you choose to press ahead, then there's money to be made for sure, just don't feel like you have to trade every day. Pick and choose your moments through thorough technical analysis, and you could come out on top.

[Doctor]

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.

I am not profesional and not have alot of time. I prefer invest for long term.

[luvr1000]

this is really a young direction, and a lot of young people in this begin to disassemble, because this can be easily earned

[sugarchrisp]

It's a way people can potentially make money, day trading or position trading.  With a decent amount of starting money you can make 1-2k a month, but you need decent experience doing so.

[laughingburger]

If you are professional you can easily figure out the ttiming of buying and selling an Altcoins in just a moment you can have easy profit.

Do you know when you trade more there is a higher tendency that you might lose more also no matter are you an amateur or professional.

[owmivmen]

The advantages of trading every day is the daily profit earned and can monitor the price of crypto every day. I like to trade daily because I can buy some coins that have decreased for my investment.