Cryptocurrency day trading a viable income
Sitting infront of my laptop today on enter which i occasionally use for trading.I watched my ethereum soar up 22percent in the space of 12 hours and then back to 3percent in the space of an hour and within an hour again seeing it back up 13percent and still climbing now im not one to buy into easy money but the volatility of the currency definately makes it an attractive prospect for any day trader, by playing around with a daily sum of 5000 its would seem theres a sizeable return to be made each day from just buying and selling crypto currency at the right times providing somebody has the time to constantly watch the market trends and directions they're going. Have we many steemers out there currently doing much day trade or are most of us in it for the long haul?
I do some day trades but i am not that succesful . Sometimes i buy the price drops and not sell because of lose. Wait to recover again .
Yeah obhviously its not easy to know the right times, it changes so fast a person would need to be actively watching it all day i guess, even at that when things go against you that means you've made no money for the day which definately isnt viable. Thanks for your feedback