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Is Day Trading Crypto Worth It As A Normal Guy is a very common question asked by normal guys!

At, last, at least you, outta the some, ask, is day trading crypto worth it! Am so happy for you!

See, I’ve elaborated some investment ideas for best returns for normal guys in the crypto space.

As of now, my ROI is standing at a 65% growth Year on Year with day trading crypto.

The question here is that, is day trading crypto worth it? Not a particular crypto like bitcoin, which is saturated!

Bitcoin is kinda saturated. Because of this, profits are a bit capped.

Lemme tell you that, day trading crypto is worth every penny out there in markets. There is a saying, that you’ve to ask “Why” 4 times to get to the root of the cause.

I will brief you on why cryptocurrency trading is worth it

I Am pumped and super excited at the same time to present this article. Without further ado, lez get into the world of day trading cryptocurrency.

 

Why is Day Trading Crypto Worth It?

  • Can you expect to make in excess of 2% returns in every trade?
  • Are you in a position to make 95% profits and only 5% losses?
  • Is day trading any time, look for a position, enter, and forget like?
  • Any possibility that every year you can guarantee that your returns are fixed using trading?

All the above are questions for a reason! Every question above answers “Yes” for day trading with crypto.

See, all these above reasons guarantee that day trading crypto is worth it.

Am such a big fan of passive income. I usually want my money to work for me than me working for money!

Lemme say it’s kinda obvious to mention day trading crypto is every bit worth it! Speaking outta my experience!

 

What’s the proof, that day trading cryptocurrency is worth it?

I speak my words outta my own context and trading a full year in day trading has made me utter the confidence.

I’ll show you my trades for just 2021. As a result, you get the confidence to trade in crypto.

It’s a page full of 202 trades I’ve traded over just this year 2021. On average 1.12 trades per day, considering even Saturdays and Sundays without any holidays.

Why am I showing you my live crypto trades?

  1. First, Just because I can show you with confidence.
  2. Second, I wanna inspire you that great trades are an account opening away!
  3. Third, it kinda showcases that though crypto is so apocalyptic and erratic, with a good strategy you kinda always win.
  4. Fourth, I am proud of my trades and my ability to be in the market.
  5. Fifth, and the final one, Bittrex, my cryptocurrency trading exchange, makes it fairly simple to download all my trades in excel, unlike stock markets.

 

So let’s see my live day trades with cryptocurrency just in 2021!

ExchangeOrderTypeLimit
BTC-BSVLIMIT_SELL0.00560137
BTC-DOTLIMIT_BUY0.0007308
BTC-DOTLIMIT_SELL0.00074434
BTC-VALLIMIT_BUY0.00004232
BTC-VALLIMIT_SELL0.00004282
BTC-POTLIMIT_BUY0.00000057
BTC-POTLIMIT_SELL0.00000059
BTC-VALLIMIT_BUY0.00004223
BTC-ADALIMIT_BUY0.00002482
BTC-COMPLIMIT_BUY0.0100129
BTC-CROLIMIT_BUY0.00000309
BTC-RVNLIMIT_BUY0.00000318
BTC-ATOMLIMIT_BUY0.00038201
BTC-UNILIMIT_BUY0.00051818
BTC-IOSTLIMIT_BUY0.00000081
BTC-GRSLIMIT_BUY0.00001287
BTC-CVCLIMIT_BUY0.00000747
BTC-STEEMLIMIT_BUY0.00000835
BTC-GLMLIMIT_BUY0.00000692
BTC-CVCLIMIT_SELL0.00000767
BTC-STEEMLIMIT_SELL0.00000851
BTC-GLMLIMIT_SELL0.00000712
BTC-GRSLIMIT_SELL0.00001306
BTC-CROLIMIT_BUY0.00000304
BTC-ATOMLIMIT_SELL0.00038829
BTC-IOSTLIMIT_SELL0.00000084
BTC-UNILIMIT_SELL0.00052736
BTC-SBDLIMIT_BUY0.00011998
BTC-XHVLIMIT_BUY0.00016202
BTC-ADALIMIT_BUY0.00002269
BTC-FLOLIMIT_BUY0.00000121
BTC-FLOLIMIT_SELL0.00000124
BTC-WINGSLIMIT_BUY0.00000181
BTC-ALGOLIMIT_BUY0.00002237
BTC-ADALIMIT_SELL0.00002303
BTC-STRAXLIMIT_BUY0.00002572
BTC-WINGSLIMIT_SELL0.00000188
BTC-STRAXLIMIT_SELL0.00002617
BTC-RVNLIMIT_SELL0.00000325
BTC-SBDLIMIT_SELL0.00012284
BTC-XHVLIMIT_SELL0.00016997
BTC-WINGSLIMIT_BUY0.00000125
BTC-OGNLIMIT_BUY0.00000891
BTC-XSTLIMIT_BUY0.00000399
BTC-WINGSLIMIT_SELL0.00000129
BTC-OGNLIMIT_SELL0.00000912
BTC-VALLIMIT_SELL0.00004367
BTC-XSTLIMIT_SELL0.00000418
BTC-COMPLIMIT_SELL0.01027758
BTC-USDSLIMIT_BUY0.00001984
BTC-CVTLIMIT_BUY0.00000244
BTC-CVTLIMIT_SELL0.00000256
BTC-CROLIMIT_SELL0.00000312
BTC-USDSLIMIT_SELL0.00002083
BTC-ALGOLIMIT_SELL0.0000229
BTC-SPNDLIMIT_BUY0.00000122
BTC-UPPLIMIT_BUY0.00000385
BTC-SPNDLIMIT_SELL0.00000128
BTC-UPPLIMIT_SELL0.00000412
BTC-YOULIMIT_BUY0.00000252
BTC-GTOLIMIT_BUY0.00000197
BTC-WINGSLIMIT_BUY0.00000192
BTC-WINGSLIMIT_SELL0.00000206
BTC-OMGLIMIT_BUY0.00016685
BTC-BATLIMIT_BUY0.00002193
BTC-GTOLIMIT_SELL0.00000202
BTC-XTZLIMIT_BUY0.00010411
BTC-CVCLIMIT_BUY0.00000971
BTC-BATLIMIT_SELL0.00002218
BTC-XTZLIMIT_SELL0.00010637
BTC-GTOLIMIT_BUY0.00000195
BTC-PPCLIMIT_BUY0.00001645
BTC-PPCLIMIT_SELL0.0000167
BTC-MEDLIMIT_BUY0.00000304
BTC-XRPLIMIT_BUY0.00001724
BTC-TRXLIMIT_BUY0.00000204
BTC-KAILIMIT_BUY0.00000204
BTC-CVCLIMIT_SELL0.00000985
BTC-XRPLIMIT_SELL0.00001753
BTC-MEDLIMIT_SELL0.00000314
BTC-NXTLIMIT_BUY0.0000015
BTC-GTOLIMIT_BUY0.00000192
BTC-NXTLIMIT_SELL0.00000153
BTC-KAILIMIT_BUY0.00000194
BTC-MORELIMIT_BUY0.00000192
BTC-KAILIMIT_SELL0.00000208
BTC-KAILIMIT_SELL0.000002
BTC-OMGLIMIT_SELL0.0001707
BTC-PPCLIMIT_BUY0.00001643
BTC-GTOLIMIT_SELL0.00000197
BTC-GTOLIMIT_SELL0.00000201
BTC-PPCLIMIT_SELL0.00001723
BTC-MEDLIMIT_BUY0.00000295
BTC-TSHPLIMIT_BUY0.00000049
BTC-TSHPLIMIT_SELL0.0000005
BTC-TRXLIMIT_SELL0.00000209
BTC-MORELIMIT_SELL0.00000195
BTC-ADALIMIT_SELL0.0000255
BTC-VALLIMIT_BUY0.0001685
BTC-RVNLIMIT_BUY0.00000331
BTC-RLCLIMIT_BUY0.000059
BTC-VALLIMIT_BUY0.0001504
BTC-VALLIMIT_SELL0.00015867
BTC-RLCLIMIT_SELL0.00005999
BTC-VALLIMIT_SELL0.000185
BTC-NKNLIMIT_BUY0.00001297
BTC-LINKLIMIT_BUY0.00071762
BTC-PARTLIMIT_BUY0.00004748
BTC-SENSOLIMIT_BUY0.00003585
BTC-LINKLIMIT_SELL0.00073182
BTC-PARTLIMIT_SELL0.00004891
BTC-MEDLIMIT_BUY0.00000241
BTC-XRPLIMIT_BUY0.00002596
BTC-DNTLIMIT_BUY0.00000562
BTC-XRPLIMIT_SELL0.00002634
BTC-VETLIMIT_BUY0.00000348
BTC-SENSOLIMIT_SELL0.00003638
BTC-DNTLIMIT_SELL0.00000571
BTC-VETLIMIT_SELL0.00000362
BTC-ZRXLIMIT_BUY0.00003132
BTC-GBYTELIMIT_BUY0.00119193
BTC-UTKLIMIT_BUY0.00001224
BTC-ZRXLIMIT_SELL0.00003179
BTC-DGBLIMIT_BUY0.00000247
BTC-GBYTELIMIT_SELL0.0012098
BTC-COMPLIMIT_BUY0.01348449
BTC-UTKLIMIT_SELL0.00001258
BTC-DGBLIMIT_SELL0.00000253
BTC-WAXPLIMIT_BUY0.00000473
BTC-COMPLIMIT_SELL0.01378578
BTC-WAXPLIMIT_SELL0.00000483
BTC-ETCLIMIT_BUY0.00134704
BTC-DOGELIMIT_BUY0.00001166
BTC-BLKLIMIT_BUY0.00000395
BTC-RLCLIMIT_BUY0.00007481
BTC-ETHLIMIT_BUY0.05949548
BTC-ETCLIMIT_SELL0.00139399
BTC-LTCLIMIT_BUY0.00604501
BTC-LINKLIMIT_BUY0.00082718
BTC-XTZLIMIT_BUY0.00011118
BTC-KDALIMIT_SELL0.000021
BTC-KDALIMIT_BUY0.0000203
BTC-PROMLIMIT_BUY0.00073388
BTC-MKRLIMIT_BUY0.09238599
BTC-ETHLIMIT_BUY0.05748171
BTC-XTZLIMIT_SELL0.00011396
BTC-LINKLIMIT_SELL0.00084786
BTC-LTCLIMIT_SELL0.00619612
BTC-MKRLIMIT_SELL0.09523224
BTC-ETHLIMIT_SELL0.06068475
BTC-ETHLIMIT_SELL0.06068475
BTC-PROMLIMIT_SELL0.00076513
BTC-RLCLIMIT_SELL0.00007894
BTC-BLKLIMIT_BUY0.00000303
BTC-BLKLIMIT_SELL0.00000313
BTC-ADALIMIT_BUY0.00002605
BTC-LTCLIMIT_BUY0.00578218
BTC-ETHLIMIT_BUY0.06005843
BTC-BCHLIMIT_BUY0.02268181
BTC-EOSLIMIT_BUY0.00015164
BTC-ETCLIMIT_BUY0.00160134
BTC-NEOLIMIT_BUY0.00196531
BTC-BSVLIMIT_BUY0.00687833
BTC-XLMLIMIT_BUY0.00001057
BTC-LTCLIMIT_SELL0.005913
BTC-EOSLIMIT_SELL0.000158
BTC-ETCLIMIT_SELL0.001652
BTC-NEOLIMIT_SELL0.00200528
BTC-BCHLIMIT_SELL0.02325
BTC-XLMLIMIT_SELL0.00001089
BTC-BSVLIMIT_SELL0.00701583
BTC-HNSLIMIT_BUY0.00001278
BTC-MEMELIMIT_BUY0.00000202
BTC-MKRLIMIT_BUY0.0897475
BTC-ADALIMIT_SELL0.00002736
BTC-ZENLIMIT_BUY0.00198049
BTC-HNSLIMIT_SELL0.00001337
BTC-PIVXLIMIT_BUY0.00003
BTC-PIVXLIMIT_SELL0.00003075
BTC-FLOLIMIT_BUY0.00000173
BTC-BLKLIMIT_BUY0.00000299
BTC-FLOLIMIT_SELL0.00000178
BTC-NAVLIMIT_BUY0.00001178
BTC-ETHLIMIT_SELL0.06125889
BTC-MKRLIMIT_SELL0.09199017
BTC-FXLIMIT_BUY0.00001163
BTC-NAVLIMIT_SELL0.00001207
BTC-MORELIMIT_BUY0.0000033
BTC-FXLIMIT_SELL0.00001207
BTC-AAVELIMIT_BUY0.00797337
BTC-BALLIMIT_BUY0.00114623
BTC-AAVELIMIT_SELL0.00817263
BTC-MORELIMIT_SELL0.00000339
BTC-DOGELIMIT_SELL0.0000119
BTC-LUNALIMIT_BUY0.00028809
BTC-ZENLIMIT_SELL0.00267441
BTC-BALLIMIT_SELL0.00117488
BTC-LUNALIMIT_SELL0.00029529
BTC-YOULIMIT_SELL0.00000264
BTC-NKNLIMIT_SELL0.00001361
BTC-MEMELIMIT_SELL0.00000212
BTC-BLKLIMIT_SELL0.00000325

 

What makes day trading cryptocurrency trading lucrative?

  1. Its erratic behaviour can be traded with technical analysis.
  2. It’s liquidity on any scrip to trade at any levels. As a result of this, we can trade any scrip at any levels without locking in.
  3. The basic necessity of not stationing in front of charts. Because of this, we are free to wander and still make money.
  4. It’s easy of finding the right levels at any point of time. As a result, we find trade and succeed at any given time of the day.
  5. Ease of finding new cryptocurrency regularly with high liquidity to trade. As a result, you don’t have to be stuck on one scrip and trade confidently.
  6. It’s easy to trade in crypto with successful strategies. As a result of this, its success rate is higher than stock markets trading.
  7. It’s a world traded market. Because of this, it’s omnipresent to trade any currency at any time.
  8. FIIs have great investments in cryptos worldwide. As a result of this, it makes it highly liquid at any time.

 

Advantages of Day Trading Cryptocurrency

I may kinda repeat the same as the ones listed above in what makes crypto trading lucrative. I don’ wanna overwhelm you with the same repititions.

So lemme give you, what is not jotted above.

  1. Account Opening to trade cryptocurrency is a breeze. As a result of this, it hardly takes few minutes before trading, unlike stock markets.
  2. Trading is online. Because of this, you have the location independence to make money trading.
  3. Trades are superfast. As a result, you get no missing trades.
  4. Platforms are all browser-based. As a result, no other trading software that consumes laptop memory is required.
  5. Crypto trading platforms are fairly easy to understand. As a result of this, any novice can start trading fairly easy.

 

Disadvantages of Day Trading Cryptocurrency

Though, I’m kinda biased to saying crypto trading is the best way to make money trading, there are a few disadvantages.

See there’s always 2 sides to a coin. I won’t be showing you what’s fair if I don’t highlight the disadvantages.

So lemme show you what’s hard with day trading crypto.
  1. Though account opening on the crypto exchange is fast, fiat withdrawal takes time. As a result of this, your withdrawal of your profits is not immediate.
  2. Crypto is erratic in its moves. Because of this, when you lose, you kinda may lose big! To the extent of down by 50% a day and up by 1000% a day or higher!
  3. New cryptocurrencies are always on a flow on exchange. As a result of this, you may enter something that’s illiquid and locked for quite some time.

 

Legalities of day trading cryptocurrency

It’s fair to mention, the central bank of your country restricts trading cryptos in your country.

If your country’s central bank bans trading crypto, you don’t wanna trade it. It becomes illegal!

But seeing the trend of bitcoin, first of cryptocurrencies to be created, most countries have allowed crypto trading!

Countries where cryptocurrency is banned or illegal

  1. China
  2. Russia
  3. Vietnam
  4. Bolivia, Columbia, and Ecuador

If you are a part of the countries mentioned above, Alas! You lost a big battle of making money online with trading.

Other countries of the world fairly see crypto as an asset though not as a currency and allow crypto trading.

So it’s your time to go out there are get a chunk of the ever-growing and appreciating asset in the world!

 

What’s the process to start trading cryptocurrency?

  1. Most crypto exchanges account opening process has a registration and id upload procedure online. As a result, you can trade from any part of the world.
  2. Learn a good strategy to make money trading.
  3. Be fairly good at technical analysis to guess the levels of trading.
  4. Have a fairly undisturbed office setup for day trading crypto as you need good concentration.
  5. If required read some books of trading.

 

These would propel you from being a novice trader to a crypto trader.

Hope this has given you some value add to your day trading cryptocurrency journey if you are a beginner or a professional.

I’m fairly sure that trading cryptocurrency will give you more returns than trading in stock markets with ease on any day!

I’d ask you for some help. In case you like this article, I’d like you to share it with others. Also, please comment below as to what you felt reading this.

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Happy Trading and Happy Money Making!

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