Taking daily profits in the crypto market can be a high-risk strategy and may not be suitable for everyone. Here are some considerations:

1. **Volatility:** Cryptocurrency prices can be highly volatile, with significant fluctuations occurring within short timeframes. Daily trading can expose you to this volatility, leading to potential gains but also substantial losses.

2. **Transaction fees:** Frequent trading can incur transaction fees, especially if you're trading on platforms that charge per transaction. These fees can eat into your profits, particularly when making small trades.

3. **Emotional toll:** Constantly monitoring the market and making daily trading decisions can be mentally exhausting and may lead to emotional stress. It's essential to consider the impact on your mental well-being.

4. **Market timing:** Successfully timing the market on a daily basis is challenging and requires a deep understanding of market dynamics, technical analysis, and potentially algorithmic trading strategies.

5. **Tax implications:** In many jurisdictions, each trade is considered a taxable event. Daily trading can lead to a complex tax situation, requiring meticulous record-keeping and potentially higher tax liabilities.

6. **Long-term goals:** If your investment strategy is focused on long-term growth, frequent trading may not align with your objectives. Instead, consider a buy-and-hold approach to weather short-term volatility and benefit from potential long-term appreciation.

Ultimately, whether it's wise to take daily profits in the crypto market depends on your risk tolerance, investment goals, trading experience, and ability to handle the challenges associated with frequent trading. It's essential to carefully assess these factors and consider seeking advice from financial professionals before engaging in daily trading activities.