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Intra-day trading or short term trading doesn't have the same limitations and restrictions as day trading.
Investors in bitcoin and cryptocurrencies can easily start this trading method even with a small amount of capital. The biggest notable difference between the two is that a day trader only profits on small price fluctuations while an intra-day trader profits by holding the positions for a number of days, hoping for the profit to be bigger.
Some suggest that Intra-day trading is a lot less hectic than day trading, as you are not trying to get it all done within a one day margin, so you can relax a little bit more.
However, those who are involved in trading will tell you that this is not always the case, as along with the possibility of bigger profits from Intra-day trading, also comes the possibility of bigger losses.
Even if you are given a certain budget to become a day trader, the best strategy for a bigger swing is to combine these trading methods.
Some of the cryptos which show a large swing all day can be a good candidate for day trading. However, other bitcoin and other cryptos may reflect regular swings.
In this case, intra-day trading becomes a wise choice if you expect a particular coin to reflect an activity surge in the future.
The key to being successful at either of these trading strategies is to make sure you are well researched and as ahead of the game as you can possibly be.
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