Honestly I don’t think many people do it (probably you can count them on one hand) mainly because cryptocurrency market is so unpredictable that it’s almost impossible to make consistent profits trading it. Even YouTuber experts like Cryptojack do it as a side hustle/hobby
I do but it’s not easy sometimes. I tend to buy in lows and self half when it’s high to hope to buy back in some more at fib levels. Only do that with the play money. Leveraging is better profits but also risky
I do. Wait for dips, buy. Wait for it to pop to support level, check volume and news, determine if the trend is continuing up or down. Buy or sell as needed
I have make pretty consistent profits.. Especial at solid resistance levels like what we are at now.
This is a good youtube channel to subscribe to. https://www.youtube.com/channel/UCjmuOggYJuh5wwq-ORmFnkg
Unless you’re willing to invest 10000 plus or even more I’d suggest not day trading. Swing trading is where it is at. Also all depends on which cryptocurrency. You could have less but stick to swing trading and DCAing
I do margin trades on kucoin, very fun and addicting. Key is to leave about 25% for emergency crashes. I’ll use that emergency fund for quick prise rises at times but then quickly cash back out. Rest of my money I got half being sold at certain levels and the other half at a stop loss Incase a crash. I end the stop loss if price creeps down, it’s only for flash crashes really. It’s my security. Most important when trading on margin is just not to get liquidated.