Crypto #DayTradingStrategy – Pros and Cons

✅ Pros:

• Potential for quick profits due to high crypto volatility.

• 24/7 global market access, no market close.

• Flexibility to trade anytime, anywhere.

• Opportunity to build strong technical analysis and discipline.

• Leverage can multiply gains if used wisely.

❌ Cons:

• High risk of large losses, especially with leverage.

• Emotionally stressful and can lead to burnout.

• Requires constant monitoring; like a full-time job.

• Frequent trades mean higher exchange fees that reduce profits.

• Complex tax reporting for many small trades.

• Easy to make impulsive decisions without strict strategy.

• Many beginners lose money due to lack of discipline.