Hello there!  I have been holding BTC and Altcoins for a long time but want to venture into a bit of trading as well. Can you please help me in evaluating the following trading strategy:

1. Given that most coins (even with high volume) have at least a 5% volatility on a daily basis, I intend to buy on a predictably consistent low point in a 24 hour period.
2. Then sell at a 3% rise the same day using Sell Limits.
3. Never intend to go beyond 3%, even if the price rises by 50% eventually.
4. Reinvest the entire proceedings the next day, again waiting for the 3% rise.
5. Rinse and repeat

How feasible do you think this is and has anyone tried this so far? I look forward to your valuable insight. Thanks