Day Trading
Day Trading
This method is a bit more advanced and involves looking for patterns in financial trading charts every day. Because cryptocurrency is very volatile in that the price can change drastically over a day, someone who constantly tracks the price over a day can make a very large return on investment by buying some coins in one hour, and selling them an hour later.
We wouldn’t recommend this if you’re a beginner, or if you don’t want to follow charts every single day. If this sounds like you, it would be better to consider the other options. But if you have experience in trading or previous knowledge in crypto, this could be THE way for you to use cryptocurrency to your benefit!