There are techniques and skills mostly used by traders to reduce the risk of losing their trades/investments. Technical analysis of both the internal and external factors are always considered before making a trade and market research is essential to pre-phase the speculated price of bitcoin
No matter how you argue that the market is too unpredictable to speculate, just think of others that flourished and became successful in trading. If they can do it what is the reason for us not to?
It is a rule that before you engage in trading, develop a plan and focus only on one coin. If you choose bitcoin as your day trading coin then do extensive research about it. With its highly volatile price in the market, it can also act as a short/long-term investment.