Day trading is more in skills and less on luck because if you say trading it's not for gamblers or it's not designed for gamblers.
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I think btc is now starting in a bullish season which means we can earn alot from this but of course my ta may be wrong.
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Trading is very worth it because you can earn billions or millions if you actually take it serious but of course it's hard, very hard because of the manipulations in the market.
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I believe that eth and other alts will actually be very bullish when may comes in. because in may there's alot of good news about crypto that may affect the market.
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I think do the simplest thing to do is just hold, because if you just hold you will it's very easy and you will not worry when to buy again or sell again.
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As expected bitcoin had broke it's 9k resistance with alot of failed trials and if there's gonna be a bull run we might see 10k-11k incoming this next days or weeks.
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Any amount is alright when you are just starting to trade. but if you get more experience it's not bad to actually increase the amount of what are you trading right now.
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In terms in profit you will get more in day trading but in terms in risk there is a higher percentage when it comes to day trading rather than just holding btc for long term.
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For me i would invest in alot of alts right now because the pumping season is almost here and i can earn alot because of my holdings in alts and add a bit of btc.
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Trading is very worth it but you really need to invest time and money when it comes to trading because it's not a simple thing to do especially now there are alot of manipulators.
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For me if bitcoin is your passion then why not do it for a living because i believe that bitcoin will make a millionaire or even a billionaire because of this.
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For me trading is all about skills and only a bit of luck because if you see people in the casino they are called gamblers and don't have any technique to actually win there which only gives them a 1-10% chance of winning.
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For me choosing a good coin is hard because there's alot and it is most fake news and sometimes fake news is hard to not believe because it's just too good which means it can dump.
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I think to trade efficiently will be hard because when it comes to trading there's plenty of risk and that risk is your enemy to trade efficiently because if there is no risk you are more and likely to earn very very small.
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For me personally someone thought me just the basics and when iv'e learn like 10% of the knowledge needed in trading i tried to solo and of course someone pro to ask one.
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All of what you said seems right and trading a coin is not easy especially like bitcoin because of it's more volatility but of course we can still read the market a quite well.
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I can say that education (not school) is needed in trading because without it you are called a gambler and just hopes that you enter at the right time and you need luck on your side.
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For me i will pick bitcoin because it's more volatile and you can earn from it but you need alot of fiat to invest to get alot of profit rather than alts even a small amount will be decent.
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Trading seems easy to do but when you do it it's very hard because of the manipulations but you can be good at it but you need to work hard and alot of time and money is invested to it.
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For me day trading is very risky because you make alot of trades in a day and want to reach your specific goal for the day and stop and $50 is a big profit to get but it's very possible.
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