So recently I got into day trading ( mostly at night though lol) I've been learning more and more strategies as far as when to buy & when to sell,, Which coins to trade with and against, and best of all just learning more in depth of how to read the exchanges in general, as you know this can be a very tedious thing to learn but if you have the brain capacity to then it will be most profitable for you in the end. I started off with lending platform such as Bitconnect (R.I.P) & DavorCoin (More Power to it) But I realized one thing.. getting around 1% a day on your loans is pretty cool... Unless you know how to day trade, because THEN you are capable of making around 3% PER TRADE. Now why would anyone want to use lending platforms after finding out this info? The answer is simple really, Laziness? Lol no, CONVENIENCE is the key word here. I could be using 4 different lending platforms at the same time locking in 4% a day off of my loan, AND daytrade myself and make 4% an hour. Its a win win win win win situation, that is unless you suck at reading the markets and using the tools provided to predict your next move.
