Day trading crypto is a risky activity, but it can work if you know what you're doing. Bitcoin is a deflationary currency, meaning its value will only increase over time. However, cryptocurrencies are highly volatile, meaning their prices can fluctuate wildly in a short period of time. This makes it difficult to predict the future price of a cryptocurrency, and it can be easy to lose money if you make the wrong trade.
In addition, day trading crypto requires a lot of time and effort. You need to be constantly monitoring the market and be prepared to make trades quickly. This can be stressful and time-consuming, and it may not be suitable for everyone.