You can do that but always remember that trading is unpredictable and you need patience and money, in trading you really need to watch your trade and know what to do next if don't your investment can go sideways.
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You can start trading anytime, you just need patience and to educate yourself more to start trading. i learned first the basics like what is patterns or how to make a confirmation etc.
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If you are a experienced trader then you can have a fixed income per day, i personally when i hit my target for the day i stop trading and i'm free from the whole day but if the market is good i maybe trade more to get x2 or even x10 profit.
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A trader must be emotionless when trading because if you loose a trade you will seek revenge and can do some stupid things when trading and it will cause you loosing more, and a trader must be educated to have a big and passive income daily weekly monthly etc.
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I usually just buy at the dip or if a certain event is happening or just a basic pattern with a good volume, that's when i will buy but of course don't forget to set a cutloss because you just don't know if it will dump.
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I think i bought high and sold very low, what happen is i bought a coin which has a good pump and volume and just dump and i forgot to actually set a cut-loss and i traded a big amount that trade and i forgot that the coin i just traded has a very big event coming coming and that coin just skyrocketed.
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Day trading is risky you have a higher chance of loosing rather than earning, in fact you only have 10% chance for a win and a 90% loose per trade so it's risky to trade but it's worth it.
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If your a trader you experienced that of course because you need to risk to earn but it is not a 100% that you will profit on that to be clear you have a higher chance of loosing rather than earning but setting a stop-loss will lessen you loss per trade.
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Cryptocurrencies is one of the riskiest jobs i could ever thing of but it's worth it because when a trade goes so successful and you became a very skilled trader you can earn daily that is the amount of salary you get monthly in a job.
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Of course btc has a very bright future but one of our teachers/masters says that BTC will have a 3rd box which is 8.5k usd until it pumps again so for beginners hodl.
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Any coin with many upcoming big news is a great coin to invest in but there's always that coin that is more profitable because it is very volatile and has always big news
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Some coins is still good to buy even if it's pumping but there's a higher risk of you loosing money rather than buying it in a dip, but it's still a risk every trade is a risk mind you that.
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You can always lower the fees in wallets but it will take a longer time to make the transaction to become successful, so if you really want to make things easier and faster higher the fees.
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For me i use Bittrex for one of my main exchanges, but in professional trader i usually use bitfinex because it is more flexible than bittrex and efficient too.
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There's two ways BTC will go pump or dump, people says that in like feb 8 btc will reach 8.5k or in the meantime BTC can hit a brand new car 30K so trading is a very risky job.
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If your talking about trading you need to have a good amount of funds to higher your profits per trade. but in SC you don't need to invest and of course know what is the requirements of that bounty.
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Any coin that is in a great market is a good coin but of course they don't have the same volume and the same chart. so i usually T.A before i trade that specific coin.
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There's still alot of ICOs that is cheap and have great potential, but there is still ICOs that is a scam and expensive, so check the ICO, background check it before you invest on it, like the new coming ICO Bitconnect X.
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It depends at the coin you want to hodl of course, but if you wan't a descent profit hold that coin for maybe 6 months and you can get a very descent amount of profit.
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Every trader has many looses in their trading career and the reason they don't loose much because they always set a stop-loss every trade they do. so just use a stop-loss to lessen your loose.
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