Disciplined and experienced traders can allocate little daytime and be profitable with only a few trades, early in the morning, for instance, and have the rest of the day free; and
Constant attention to the market. Facing a screen for long hours can be alienating and time-intensive. Stop-losses can be helpful but are not viable solutions in the long run; Tax compliance can be burdensome as day trading requires keeping an accurate record of all transactions. Investors must, therefore, also be their own accountants, which can be very time-consuming.Crypto hodling is a long-term strategy that could provide a safer investment option, especially for inexperienced asset owners.
Investors must ensure they have sufficient capital at their disposal in case of forced sales or unexpected liquidity needs;