Bitcoin Forum

In altcoin trading,is day trading profitable or trading on a long term basis?

in my opinion day trading is profitable and it actually is more profitable than doing it long term.
because altcoins are usually dead in the long term or even if they are not dead like the top altcoins, they have very lengthy dead times in between their pumps.
this means in the short term when they are getting pumped or even having daily fluctuations you can get in and make some profit.

Day trading can be profitable if you know what you are doing and understand both the fundamentals and the technical s.  Some of the altcoins can co;;apse in price at anytime, i should know i have been caught out a few times after starting a trade.  So you need big swingers sometimes.

Daily trading is much profitable for me you just play it in short trade which is you can roll it many times as long as you make profit. The real question is which coin is much profitable for daily trades?

if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader.

it can technically be profitable but it is always a hard thing to pull off successfully and you need to be good at it. this means you need to be able to predict the price and its movement and have solid plans for when to buy and when to sell. and in this process if you get emotional and distracted you will lose.

In general I follow a weekly price schedule. I buy at a low price and sell at a high price.
Much more technical analysis is needed in daily and hourly transactions. You need to spend more time.
This causes more stress and risk. Your chances of making mistakes are increasing.

i think for daily trading we can make profitable too like long term trading but we need to have a good research or analysis on the coins. for daily trading i suggest to trading btc pair altcoin because the probability to make big profit is wide open so all we need to do is make a good analysis to decide the buy and sell price.

Both can work. Depends on what you want. You can make 1-3% a day with a bot (if you know what coin to trade) or you jump into a small pump and try to grab 2-3% per trade.
I personally have no problem to wait a week or two to make 50-150% profit. With the right strategy and good analysis it's easily possible to make 50% per week without stress.

I think it could be profitable right now cause of the price gaining all the sudden.
And with the news so imminently close of what will happen to the price in just 2 days from now with the announcement of the Etf approval or it might not happen.

I think if you are long term trader you are just losing opportunity when the time of the price of price increase and decreases.. because if you are for long term trader if the price of bitcoin is going  to increase right now and decrease soon  you are just losing this opportunity to make profit and wait for more months and years before you sell you will just earn few compare to day trader..  this is just what i experience..

I prefer do a day trading (short term) for altcoin, because the price fluctuations and the age of the coin itself.
And I think it's better to do arbitrage because the price range between one exchange to other more wide rather than bitcoin.

Short time or long time trading, which is good?
I think if its measured by how profit is it, it depend on what kind commodity or stock you trade. Let's say you trade gold, if we look on gold's character in the market, I have to say gold is good for long time trading. Because it have a stable price certainly rise slowly.
What about altcoins? Some coin have the same character like gold, some other cannot be predict by its pump and dump. But you have to remember this old quote, don't ever save your money on altcoins for long time. Because you know there is no assurance the developers will be consistent with their project. So day trade is better for altcoin.
What if we do trade bitcoin? Bitcoin has an extreme fluctuations that good for day traders. How profit bitcoin on day trading? It base on how much is your fund.

All of them are depend on the Market, you need a good market movement to get a daily trade and i think most of the altcoin trading is worth for the long-term trading. because too difficult predicting the market movement. I think long-term trading is better. You can't do a day trading of the price is always bullish or bearish.

Almost $200M is being traded in bitcoin alone daily, that is a great indicator of success in day trading don't you think?

If you will day trading the altcoins we need more volume there.
Dash looking really good and will hit 0.05 soon. DCR looking good too. So yes, you can make a lot of money ;)

This is right,day trading on altcoin would be profitable since their volatile movements do happen on short periods of time.In my own opinion trading alts would be better if you don't tend to put it on longer terms because we all know that most alts just pump and then dump forever.

Yes of course day trading is profitable in altcoins trading, but the altcoins which be traded must has large volume of transaction daily, usually ethereum has large volume of transaction also ethereum has high fluctuation of price daily too, and other reason on trading ethereum always there are dumping and pumping in it.

if by long term you mean like holding altcoins for more than a month then it is not such a good idea for 99.99% of the altcoins because they are mostly dying coins which go down in long term and have pumps in short term. so change your long term basis to less than a week and it is a good strategy.

and for day trading it is good if you know how to do it and can find a good entry price.

I think it depends on the price movements and our trading strategies. If you are investing 1 BTC for a period of 1 month on average growth altcoin then you will make around 5%  to 10% on your investment but it you are investing 0.10 BTC with high leverage for the period of 1 day then you will probably make 10% to 50% returns. However the bigger the risk, the chance of losing capital increases.

I am honestly not well-versed in trading and its ins and outs but am seriously getting into it...learning as much as I can in this multi-faceted and dynamic new type of market -- the cryptocurrency market. And yes, I also got introduced to day trading many days ago and am learning that yes it can indeed be more profitable and can be more applicable in the altcoin market. Thanks for sharing this kind of idea.

It depends on how changeable is altcoin's price. For example if one altcoin is changing daily 4-5% than that's better to trade daily and if you think that that altcoin is new and will have good or great future, that it's better to try long term investment.
So if price is changing frequently and you are very good trader, than try daily trading, everything depends on situation and you have to decide which option is better.

It really all depends on your risk appetite,  day trading is very risky and especially in bitcoin.  But then again where the risk is, that is usually where the high returns are also.  i have not got the swingers for high volume day trading but have done it a few times with alts i dont care about losing.

To make profit in alt coin is a bit difficult and need a lot of patience, and sometimes it can be more than a week before the price moved, actually it is more profitable to do day trading, but sometimes alt coin movement is not that fast

I only trade with early entry signals. So yes I have to wait a few days, sometimes a week. But I can easily make 50%+ profit with it. For me it's worth the time to wait. If you're watching for daily profits I recommend a bot like Gunbot.

I agree with you . altcoin movement is usually influenced by the dev who do pump. Most altcoin this time would only last for a while.
and every time a dev can do the pump, we have to monitor all the time if you want to do trading altcoin.

Actually it all depends upon the market some time altcoins trading is more profitable then day trading and some times day trading Became more profitable than altcoins trading.
Here we should go for the both type of trading, when the market is going with the big fluctuation of jump and dump then day trading results into more profit but sometimes fluctuation in the bitcoin prices became down then profit in day trading Became down .
So here both types of trading are profitable in two separate separate condition and timing in the market .

If the prices are going down, you won't profit anything no matter what you trade unless you have extreme technical analysis skills.

Trading usually makes more profit than buy&hold's but like i say. You should be in a bull market for that.

(you need bear, if you are a shorter)

its worth to wait if you really have some good instinct that the value will rises up and if you are familiar with reading the chart, its hard to do day trading with real alt project, but if you are only trading inside yobit you just needed good timing with those pumpers for sure day trading will help you to gain good profits.

If we look into it as a whole, yes day trades are effective in altcoin trades but please do take note that "IT WILL DEPEND ON WHAT ALTS YOU ARE DOING TRADES" as not all alts are having active volumes per day. Can't give you the specific alts so you need some research on it.

Im not with the idea of having an altcoin for long term basis of holding and trading but as far as my knowledge about alts is concerned, there are alts I see that is worth to shot to make them put on a long term basis of trades.

the truth is I am not yet doing some alt coin trade,
But if I am going to do it I would prefer the daily trading rather than long term,

Day trading is actually a profitable job if you know how things work and how deep your knowledge is about trading and economics. Most of the people I know who do day trading are getting enormous amounts of money in our local currency every single day and I actually envy their skill on TA. If you are not well-versed on how the market works, the ending is you might get your money burned in the long run.

both of them can be profitable depending on which altcoin you are talking about and when.
for example a couple of days ago when Dash and Ethereum were being pumped it was a very good time for day-trading these coins to buy low and sell high in each dip and rise.
also further back when they were still low and not in a bubble it was a good time to buy for long term and sell after the pump.

In altcoin trading, I can say that it is more profitable to do day trading because most of the coins are more volatile than bitcoin so it will be easy for altcoins to do pump and dump scheme. Long term basis in altcoin have a higher risk than day trading because most of the altcoins is not stable as well as bitcoin so it is not advisable to do long term.

Don't agree with you. For an example: if you bought DASH a week ago at 0.035 and watch the price today 0.057 it's around ~60% profit if you sold at this price. Making 60% a day profit with day trading isn possible on my opinion. Maybe 2-3%

Day-trading altcoin can be extremely profitable if you know what you are doing. However, it is also highly risky by nature so you can both win and lose large sums of money very quickly. Bitcoin is an extremely volatile commodity, subject to sharp swings up and down in price with very little warning. That makes day trading it exciting, but it also means it can be very hard to remain cool under pressure and trust your strategy when things appear to be moving the wrong way – or to cut your losses before it gets out of hand.

Well, in my opinion day trading was really  profitable, compare to trading on a long term, because you can roll/grow your capital in a fastest way, and once the screen monitor react, the traders will also react on it. While on a long term basis, it is good also but you don't know when will it be done to reach the price you set on it. Just make sure the altcoin which you are going to trade will give you benefit and potentials.

For me day trading is profitable like what you said pinkpanther03, becauce it can grow your capital everyday and higher your profit in a day althrough i think longterm also is profitbale but we need time and patience to reach out the we wanted to reach!!!!

We can always find more profits from positional trades rather than intraday trading. But some active trader always prefer day trading as it will get them engaged toward trading all through the day. For them, positional trading is completely boring one and even they are not bothering about how much profit they could make from positional trading comparing to day trading.

I always prefer positional trading by selecting good altcoins. So far it is proven as a working way of trading as I am making decent profits out of my trading strategies.

As others have already said, for the majority of altcoins (if not all) long term trading (or rather investing) is mostly meaningless

That said, I kind of predisposed to think that day trading in altcoins (as it is understood most often) is as meaningless unless you know something. If you don't know something, it is essentially gambling. Now to what I mean by something. If you are not part of a coin developer team but only a typical trader, the only real mode of trading (that would distinguish it from sheer gambling and hoping for the lucky strike) is using arbitrage. Obviously, that requires that the coin which you are going to use for arbitrage should be traded on more than one exchange and be pretty consistent in what concerns transfers between exchanges. Otherwise, you may get caught with stuck transactions as well as suspended deposits and eventually end up holding the bag

I would suggest you to do day trade only if you have some knowledge and experience about it, especially when it comes to altcoins because it's mainly based on the developers.
Start with small amount and slowly increase the base. It will be profitable.

This step would be effective if you do buy a potential altcoin does have volatility its either on short or longer terms because we do know there are alts which moves ones and the next move would takes months which is really a time wasting to wait.Day trading would really be suggested when we are do trading altcoins.

But it's really hard to point on which is the potential coin or not since we are been sorrounded by scams coins nowadays and potential coins is rarely to be seen nor made by serious altcoin devs, And so for that I only trust bitcoins interms of hoodling it for more longer years since this coin will truly be the best among those other who tells that their coin is good. I can't monitor in day time since i have work that needed to be attend and thats the reason why im unto night tradings and mostly i can see that coins nor bitcoins are flactuating well.

Altcoin more often fluctuate so that daily trading will be more profitable. I also heard the most altcoin not last long so it is better to do daily trading. The most important thing if doing daily trading to always see fluctuations in the price, because if skip a little of fluctuation and when prices go up and then down will surely regret it :D

Well there are method for daily trading include scalfer strategy, it use analysis technical for making prediction the price, use time prime 5M-15M in chandle chart, we must see the monitoring of computer because it is short time investments, but the weakness of scalfer strategy we must always do cut lost because if wrong prediction and buy back again, it will gives stress psycholgy to the traders who use this strategy.

That's what I really want to learn, for me day trading is much more profitable than trading on a long term basis. Because on a day trading, there is a big chances you can grow your coins, your earn form time to time if the screen in the monitor monitor react most of the time. While on a long term it is profitable too, but you just only need to wait when it will gonna be profit.

In altcoin trading the best is the daily trading which is the most profitable than long term trading. You can earn/grow your bitcoin in a daily basis by doing short trading in an altcoins. But, to do this more profitable is to verify first of which altcoin we need to invest to reach this goal.

if you are lucky and you know how the drill works with alt trading for sure you can benefits with day trade but its also risky like what you have said know first which alts are you going in and see if the progress will continue better to stay away from coins who show pump and dump flows because if you went in for sure you will lose your investment.

I am very much sure, for day trading we need extra skill than positional kind of trading.
More importantly, for trading with altcoin we definitely need extraordinary set of skills to handle their sudden bump and dump situations.

Market conditions for most of the altcoins are not same all the times. We need to be careful to avoid losses all the times, I just simply want to stay away from both altcoin trading and any type of day trading too.

This is really dubious (unless you can milk the market somehow)

If you can't (which seems to be the case), it is unlikely that with day trading you will be earning substantially more than what a positional trader would earn on a long enough time scale. And this is not just my opinion, I've heard the same from many experienced traders who have been in the business for decades and many distinguished authors write essentially the same. In fact, you can potentially earn more when the price is consistently moving in just one direction with minor corrections by exploiting these setbacks if you sell a little here and buy a little there. But doing that manually would be a hell of a job and certainly not worth the time and effort spent (since you would get only marginally better results in the end). Major profits are made by buying low and then letting profits grow (dozens of percentages)

Very good question about trading, mostly newbie in trading, they want to ask about it.
For me, Altcoin trading is better for day wise, it will be more profitable if you do day wise trading. But it will be trade in long term, but not in every coins you do trade in long term profitable. So in my thinking, Altcoin trading, is more useful or profitable in short term.

Trading in a long term was a good a thing but in some other ways there is still risk involved, because sometimes there are good from the start even for how many months then in the end the coin dev. is not updating anyway, then you will find he runaway, unlike in a day trading  most traders are taking advantaging the short term coins before it die. ;D :D

yes there is no doubt about that trading alt coin is the best way of making money, if a person have some experience in trading alt coin then he can make unlimited money from raiding alt coins.

If we base now, Long term basis is good for altcoin trading because most of the altcoins now are cheap because they are inversely proportional to bitcoin then it is self explanatory why altcoin are cheap because bitcoin price is high. If you have bitcoin or money then you should invest in altcoin trading because their price will pump again if the bitcoin price will go down a little bit.

The day trade depends on the volatility of the market, and you can't do anything with your knowledge and experience if the market movement always on the bullish trend or bearish trend. And it's the main key to get into the daily trade.

I guess they are the same in profit but if you wanted to get more profit go with long term. It's proven by many of us that trading for a long term is much reliable.

Unlike in day trading, the possible profit is low and there are times that instead of earning, you will probably losing.

I prefer and suggest that long term trading is better in trading alt coins or even bitcoin.

Altcoins are good to play and bitcoin is good to hold for long term. So if you want to make some money with altcoin trading than focus on day trading and don't hold any alt for long time because price of alts is more volatile than bitcoin.

Price volatility is the major problem with altcoins, but these days after a sudden growth the price is found to be quite stable. When day trading is focused surely can make a regular earning as the price variation is happening at specific time interval.

altcoin trading more profitable short-term "days" if the long term is likely to be a loss or the value of altcoin may decline even so not worth and scam

In that case it is easy money

You just buy (or sell, for that matter) a certain amount, then wait till the price moves to the target you have set and close your position fixing profits. Day trading doesn't mean that you should necessarily be trading every other minute, no matter what. After all, you are there for profits, not for the sake of trading as such (though there are certain people who may need just that). And if you see that you can earn more profits by simple holding, you would go for it since it is a simpler task overall. You just make use of what is more profitable at the moment

just needed to select coins that have good progress so even you will hold them for long term you will find them much profitable
if you seen those coins which moving  so good right now most of them already been created for past year or two good for those
who believes and continue holding its very profitable now.

It depends on your experience and study if you are well trader then yes it is gonna be very profitable

Day trading with altcoins is very profitable and there are several bots which help you to do that - but obviously you can't rely on them and you need to use your own intelligence if you want to make a decent profit.

All altcoins are volatile due to their dependency on the market and lack of common usage - traders are always worried about what the value of the altcoins will be so they change all the time.  Unfortunately, this means that a lot of the time the coins just collapse and never go up again - this is why day trading is profitable.  For all you know (unless you're trading with a really stable coin), the coin could just collapse and if you're not taking a close enough eye on its price then it will collapse and long term trading will not work.

I have enough altcoins for long term trade and I am planning to sell that coin after 2-3 yrs. Im doing day trade also and I observed that day trading is good most specially to altcoins with huge volumes, always choose the top altcoins while doing trade base on my experience.

Since I'm not a day trader and I know how much time you need to accumulate for it. I will prefer to do with long term trading, it's much more easier and you just need to be patient before selling your trades. Though the profit will just come once but after selling and earning, you can just do it again by doing the same procedure.

You're wrong, the important factor to support the day trade is in the volatility, because without volatility to do a day trade looks impossible, do you want to try to get in on the bearish and bullish trend and do your daily trade?

It looks like some of the major altcoins could be good long term investments like ETH,DASH, etc. I don't trust the many minor altcoins out there. Some seem to drop and just fade away to nothing. You don't want to get stuck holding the bag on those for long term.

Since altcoin market is highly volatile and price of altcoins goes up and down in short intervals,day trading would give more profits than long term trading.In the long run,most coins would be dead.So,its almost advisable to do day trading in altcoin market.

When there is the more possibility of profit there will be same amount of possibilities for losses to occur. In altcoin market losses are happening more common because we cannot expect when inside people start dumping. In my experience day trading must be avoided for altcoin markets.

Day trading will be profitable only for well established trading instruments like bitcoin and few select altcoins.

I personally think that daytrading can be very frustrating because statistics show that more than 50 % of your trades will go in the wrong direction. What I prefer is social trading (https://www.binaereoptionen.com/social-trading-vergleich/) because it is a really great way to make profit by just "copying" the trades of an experienced user. This way you don't need advanced knowledge nor do you need to gamble when you're unsure if your trade is correct. Also it's available for altcoins too.
Of course social trading is more of a longer term trading than daytrading but believe me it is much safer.

For me the best good for me is day trading which is profitable than long term trading. In this regard, day trading is profitable as long you know the movement of the altcoin you choose to trade with. While in the long term trading, I can say that  the coin you invest with might dumped in the long run. Thus, need to be wise enough, determination on the daily trading or long term.

Yes agree, fluctuation of altcoins price is slow be compared with stocks​ markets,
in my opinions strategy day trading is suitable used on trading stocks​ than trading altcoins
because marketcap of stocks in the world more much than marketcap altcoins or bitcoin.

I'm curious why really successful traders would ever want to make their trades public

Apart from that, statistical data shows us that most traders are losing in the end (around 90% depending on the market), but there is no lack of people wanting to try their luck at trading. Further, the very claim that over 50% of someone's trades go in the wrong direction (i.e. they incur losses) is heavily misleading even if it is factually correct. It doesn't matter how many losing trades you make, it is net effect that counts in the end. You may well make up for a dozen losing trades by just a couple profitable trades. That's how day trading basically works, you cut your losses short and let profits grow

No. Price fluctuation of most of the altcoins does have a heavy and rapid movements compare to other assets especially if the certain alt is newly listed in an altcoin exchange. The ones that have a slow movement are those alts that survive the status of being an average alts in their first phase of operations.

In terms of day trades, altcoin is really fit for this because of the existence of those big hoarders which is the developers itself. But it will depend on a certain alt as not all alts have a behaviour like that.

can you explain to me what does market cap of altcoins have to do with ability today trade them or now?

i can see how it can be harder to predict altcoins just because they are usually fake pump and dump coins and move with no logic and against all speculations but the fact that they are being pumped to the moon means you can make amounts of profit that you can never make anywhere else.

Day trading is style of trading and not today trade altcoins there are some types of traders in trading activity they are scalpers, day trading, month trading and investors (investing for long time) what I mean with marketcap altcoins be compared stocks is capitalization between altcoins include bitcoin with capitalization stocks market, you can see on here http://www.nasdaq.com/screening/companies-by-industry.aspx?exchange=NASDAQ&sortname=marketcap&sorttype=1
And here http://coinmarketcap.com/

i think there are still so many other alt coins which can give you good and long term investment. i think you need to have good opportunities of making money from trading altcoins also.

if you do not a day trader then you many also will not be so much effective, so you first need to get some good experience in trading and only then you can make good money from alt coins trading.

The far majority of the altcoins have proven to be horrible long term investments. If you plan to be a bag holder, then surely go ahead. Altcoins serve only a very short term speculative purpose. They enjoy no real world usage where their network is empty, and the majority of the transactions come from people sending to and cashing out from exchanges. So tell me, what long term potential do you see there? Nothing....

Based on our analysis we try to hold a coin for not longer than 2-3 weeks. And mostly we're correct.
It always depends on what are interests. If you bought DASH a year ago and sold now you can have huge profits. I personally try to jump in of o see a pump is coming and try to go after good profit.
I bought DASH around 0.03 and sold at 0.6. Yes if I see now there was more possible. But to double the amount within 2 weeks is better than holding on my opinion.

Yeah you doubled your investments in two weeks which is a great result and if you have not sold and waited for more higher price then there is a possibility that you would not have made profits as price may even go lower in next few hours.

I don't think so because the price of bitcoin is dumped at this time. And BCU is on the way and it will be the bad dream for us. I just think to buy back later. Hold your bitcoin is not good right now. Although you're wanna get free BCU.

The best for me on day trading is short term basis which is profitable one. This way I can always observe the coin I invested for and when I already earn profit I sold it. Its really hard for now to earn in altcoins because of bitcoin price but the thing is here is to choose which altcoin is best to invest were we can really earn.

but to me i think holding bitcoin in the present time will be such a good idea because the price is trading in low price but very soon it is expected that the price of bitcoin will start increasing again.

Not true if BCU gets pushed. That is a bad day for bitcoin and it may start a crash on bitcoin price. If ever it may take a long time before the price of bitcoin recovers.

They are both profitable but if you are a patient trader and it's fine for you to wait for a longer time before seeing the result of your investment for buying bitcoin/altcoin. Then go with long term basis or simply holding it for better. But if you can have a good time to monitor your trades on a daily basis, go with day trading.

Altcoins should only be used as short term investment option as most of them lose the far majority of their value in the long run. But then again, altcoins are known for their high level of price fluctuations. It's a serious risk that you must be willing to expose yourself to. Mostly people jump into certain altcoins in the hope they get pumped badly. It's basically a gamble since you just depend on luck and hope.

As far as I have seen, altcoins are very good for big volume manipulators. When one instrument is capable of being controlled by one trader or group of trader, I guess those instruments are most suitable for day trading. In simple assumptions, high fluctuating commodities are suitable for day trading, but it would be trader's responsibility to take care of safeguard himself against those fluctuations.

Day trading typically not suitable for me, as I always prefer fishing on low tide with support of my technical analysis. But I do see many traders are making decent profits through day trading though.

There is profit but not that much. A week maybe would be sufficient.
The risk of losing all your money will come with long term basis so you better always check what is happening with one altcoin.
They come and go and that is why short term is the good idea for making a good money.
Just one advice. Don't buy too much. Just test it first and try to get used to what this altcoins are made of or how they work.

what do you call "not much"?
a 3% profit in a couple of hours isn't much? because you can do that in day trading altcoins. it is hard and i usually don't suggest it but i do it sometimes and it is possible to do. and make at least 3-5% in very short term in rising markets and get out. and there are times that a big pump happens and you can make a big 50%-100% profit in a day or two. and we have all seen them many times.

Bitcoin Unlimited is likely going to turn out complete FUD in the end

You consider it as a bad dream for us, and obviously, it is not only you. Many think along the same way for basically the same reasons. But did you ask yourself why you came to think so? Why something which should allegedly solve real issues (so they claim) is ever thought of as a bad thing (or even a bad dream, i.e. a nightmare)? If it in fact were a good thing potentially making Bitcoin better, you shouldn't and wouldn't feel that way, right? So something is terribly wrong with that deep inside. And this is called FUD, and this is what the true story behind the BU project is all about

I am doing this day trading too.Almost daily I do it whenever I see an opportunity, if I can sell within a day, at least within a week with a minimal profit. But I know, you can earn more if you hold further but its OK to me, I do also have coins being hold for a longer period. There are short term and long term goal also.

Our kind of trading: https://bitcointalk.org/index.php?topic=1819605.msg18272956#msg18272956
So you can see I'm doing not really day trading but don't do long. I try to buy and sell without a week or two. (Depends on analysis and what market does. )

This would be an effective way of trading on which when we do see an opportunity to sell to secure profits then its a good behavior as a trader but there are traders which they do love to wait for longer times to feel the decent profits for long term but speaking into these strategy is very risky since we dont know if the time they will pump or not.We wait for nothing or not its just like that the same on short trading but i think its much better than long.

Altcoins are actually tend to liquidate however not all of them mostly like that such as etherum, dash, and monero. Altcoin trading would be more profitable if thou must do it in a long term. Thus, it's not actually good idea if thou must trade with altcoins in a short term or day trading.

No, with bitcoin you never will get disappoint with your waiting. I believe you are not talking about bitcoin but about altcoins (as I have never come across anyone climbing they waited for nothing with bitcoin trades).

With respect to bitcoin trading, day trading is only profitable for well skilled traders. But positional trading will be profitable for each and every trader regardless of their knowledge on trading aspects.

For altcoin trading, holding is not recommended and day trading or booking profit within a week will be right way of trading.

Yup no one will suggest to any one to hold the altcoins, but bitcoin can be hold for long term and people who uses altcoins much also will save the bitcoins. Therefore you can start trading via bitcoins. You do via yobit, polenix or coinbase. I will always prefer to via localbitcoins, because the it has to automated escrow services, two-factor authentification, most trusted sellers and buyers. This made me stick with bitcoin and localbitcoins.

Altcoins enjoy frequent fluctuations in a relatively short time, so if you follow repetitive patterns, there is a decent profit to be made with day trading. Other than that, is there such a thing as long term trading? It's either a long term investment, or people looking to benefit from the short term fluctuations by trading. If you look at ETH, DASH, XMR, they actually have a decent dev team and a well sized community. That's not really the case with the majority of the copy and paste coins -- these coins sink deeper and deeper.

There are alt coins that are also good for long term investment like ETH and XMR. That is just depending on how you can see an alt coin that can give you stability in trading. It's not new that traders are jumping from one coin to another coin. As long as it is going to be profitable for them they are going to stick with it.

But current market situation is complete different from what we had some 6 months back. Traders were in dilemma to choose right pair of instruments for better profits. At those times, it would be really impossible for most of the traders to make profits from day trading.

Might be now a days traders are getting chances to make profits through day trading as markets are showing fluctuations in long price ranges. At the same time when we are considering about the negative aspects of high volatility, we will get more losses in day trading if our technical support slips away.

Agreed, day trading is much fastest in growing profit than anything else in this industry. Though, it has risk involved anyway but that's normal. every minutes there is bouncing price value happened in the trading platform, meaning you will go with flow of motion in the exchange site market, you will act like a bot more quicker than a bot something like that.

Day trading is better way of profiting through bitcoin. The same cannot be used as a profiting source by every user due to time constraints. With trading the goodness is the regular difference occurring with bitcoin which reduces the risk of losing. Also at times preferring altcoins to bitcoin trade too help in profiting high.

The price really matter the most in trading. The daily basis of price and value of bitcoin can determine a good trading or a bad trading. It does not matter if you will choose to trade on a night or day. The thing is you should know the price or the value first before choosing to trade or not. I think the best  way to be updated on bitcoin price is by installing an app base wallet so you can see and know when is the best time to trade or not. And in fact if you will got to know the tricks on trading you will earn more than you ever did before.

I think not, because if you really believe in the coins that it will get increase after 2 or 3 years you will hold it with no doubt. And as far as I know there are two types of traders those are day trader and long term trader, actually we can do them ramdomly. :)

So, unlike long term investment and saving bitcoin for months probably years, day trading involves profiting from short term movements of bitcoin market, this can happen from minute to minute or even less, and since bitcoin has less market cap putting in and taking out from it can push the price one way or another, in easy words if someone out their exchanges like 3 btc into cash that is going to make price move.

Yes it is totally different as it is way back then. But there are a day traders that manage to look for some coins that are giving them good profit for doing this type of trading. Maybe it will depend on how you are going to manage your time and will keep on learning and studying on how the market works.

For me Day trade and  longterm still profitable, it still depends on what coin you should pick for longterm, like i have a friend that pro in trading (not a pro but have many expreince about trading) Longterm is based on what coin you should pick like my friend he pick NEM as for her long term he buy @20sats worth of 50$bucks, he buy this NEM since 2014 and now NEM price is @1500+sats her 50$bucks become x100 lol. But suddenly its true her 50$ now is 5000$. But i think he still holding her NEM

50$ + 3 years = Big Profit

---

Day trade needs time to pursue and always active checking on coin what happened if its dump or pump
 

Therefore patience does really pays off but would depend on the coin you would choose and if you hit the right one then you will smile for sure because of the profits that it gives but if you chose the wrong ones then waiting would comes to waste,risk is always there and we should be aware on that. Both ways is profitable but stick to the one which does give you money.

Day trading take advantage of fluctuation of the coin on its day to day basis.  If you can do this right, you can have a bigger profit than those who just hold their coins for a very long time.  The reason is that, since we are taking advantage of the fluctuation, we buy and sell when profit is seen.  Doing this stuff, we can get profit while increasing our holding of the coin without spending another cent instead we get profit then buy that profit to get more coins.

I would go for day trading amigo! Especially when you do margin trading... long term is also great however the money's potential was not maximized.
But in the end, its your call... do not do day trade if you have a day job.

I agree day trading maximized the earning potential.  Though we need to focus on it and stay on check with the trades and price.  Though if you are earning more than your day job, what is the reason to keep the day job lol.  But I agree, do not day trade if you have something that occupies many hours of your day.

Short term of trading need to take time too you need to auto set the sell price of you coin also the auto buy for the coins tradin for short term to avoid lose big just buy those coins who has potential of ups and down.

There are more lot of misinterpretations on day trading, we might need more hours to make successful ourselves with day trading. Literally we may need 30+ hours to have successful strategies with day trading as it might need intensive studies and analysis. That is the reason, for regular job holders it is not at all recommended.

I'm not joking our all 24 hours will not be enough to have sufficient analysis for day trading, either you need to buy call from third party or you need to spend long hours for technical analysis.

i am starting on trading, and i like daily cause is easy
i understand very well the exchange market, but still strugling to understand margin trading, any good tuto for understanding when i set a short position, when i profit or loss depending of the price ?

No it is not easy compared to hold and trade kind of approach. For beginners it would be better going for trading in passive mode like buying and then holding till getting your expected profits and then decide to sell. This way you can protect yourself from volatility and you ma get chances to have comparatively big profits.

If you are using bots for those automation, there would be multiple types of risks are there like market will jump your specific price levels or you never get your prices to get triggered. This must be one of the reason why many people are hating day trading.

that's right mate, for beginners like us its still better to buy and hold then sell when you are already gaining profits, margin trading
will be needed for more deep understanding and also if you have some access with the whales of that particular coin that you are
supporting.

when we decide to do day trading then we need to find a coins that have fast movement and we need to find the gap that we can buy and sell with fast. but its not recommended for new person in trading because its too risky for them and better to hold for a while until the price is surely to go up then they can sell it. sometimes the price needs too long before its up but its worth to wait as in the end we can gets profit.

I prefer day trading in addition to profitable trading altcoin have a rapid price movement if the long term possibility of altcoin value will go down and so are not profitable and meaning of trading is the short-term gains

there are some kind of people who have good experience in short term investment, but to me i will give preference to long term investment,  i do not have good experience in short term investment therefore i like long term investment.

I'm also into long term investment since it gives me a lot of profit ever since i invested in bitcoin. I don't do short term investment in bitcoin because it makes me feel incomplete when i sell my bitcoins but if i do long term investment like buying bitcoin for the cheap price and waiting for at least 6 months to sell then it gives me guarantee that i will earn the maximum possible profit for me.

No one can predict the prices accurately in short term because practically those are impossible to do it. But in the long run, one can guess the prices and we will get an opportunity to sell at higher prices. But in short term we are just guessing that prices may go up without any strong basis and it is almost like a gambling. I will never go for these short term trading.

Day trading is profitable since altcoins are very much volatile in nature.In day trading,you can get quick profits from the market conditions.Holding long term basis will benefit in bitcoins and it will not be useful for altcoins.

Long term trading is actually more profitable than daily trading since market movement in the market of bitcoin/altcoin changes with long time. If thou must trade with daily trading, you would get small profit rather than daily trading.

This is not always the case its either on long or short term trading profits would depend on how good you trade. There are short trades which commonly gain small profits but in a short period of time reversibly happened on long term it does depend too.

When talking about the long term basis i choose ico where there are chance that ico can pump when it launch in the market exchange short term of trading can be profitable too depends on the potencial of the altcoin that you choose.

how many ICOs have you invested in so far and how much of your money did you lose and how much profit did you make?

in my experience based on what i have seen so far, it is best that you wait till release and then join in the trading part rather than investing in the ICO that can go very wrong at any moment. and the number of scams that has happened so far is not small either.

Usually ICO will run for long term ? I guess some altcoin devs ran it up to 10 weeks not more than that I never heard. During ICO also you may sell to other forum members but buying at nearly days would be the catch to make profit with ICO.

It seems a good idea to make quick profits but I'm not finding it is a kind of day trading. Still it is a good way of making profits indirectly trading altcoins yes in ICO itself.

Buying a few shares of ICO should use the strategy of "feed all the sheep", always set the pattern set aside profits every day in trading and focus on purchasing coins that you want, do not need to invest a lot of money to buy a lot of coin stocks, unless we see the potential for that coin itself from an increasing number of communities and the reaction of this forum.

Don't be too blindly because this always requires a detailed analysis and prediction, if you are already familiar and experienced with successful & unsuccessful projects, no other word other than addiction.

knowing how to use bollinger bands and sma periods so as ema periods, could give some hints about the trends and make accurate strategies, of course it is not easy like that, but it may help

but i think there are so many people who have good experience in short term investment and they are making good money in short term investment, as i have a friend who have good experience in short term investment and therefore he always prefer to sort term investment. as he cannot wait for a long time to get profit.

Yeah but the thing is with the short-term investment is that you have to be one of those people who are obsessed with looking at the price every now and then to ensure that you don’t miss the right time to sell, because the change can occur at any moment of the day and you can easily miss it if you don’t pay attention and if you can’t make some profit.

There were some traders who always suggesting to go for day trading, but I could not find them now a days. Probably they would have changed their business due to heavy losses.

Precisely, it is an advantage that we can get in trading has its own time period. As all trading have time myself to be able to deliver what they want, but I need to know patience is the best way to be able to still get a profit in trading. Not all trading only a small benefit, all trading can give you a big advantage if meant it in work.You should be able to analyze and always sharpen your trading every prediction you will do, for if capital does not always exercise then you will end up on the advantages that can not make you satisfied
 
 

I haven't tried day trading in crypto in years.

Is there enough average volume on exchanges to profit from daily percentage moves?

I remember back in 2013, there would be so little volume, especially on altcoins.

With alts it was very easy to paint yourself into a corner where you bought something at a higher price than you would ever be able to re-sell it.

I basically agree with your point

On short terms trading is like gambling but you can still squeeze profits if you more or less follow the trend and don't forget about stop-losses. The latter is what differentiates scalping and day trading from mid-to-long term positional trading. You may have a lot of crappy trade but as long as you net result is positive it doesn't matter. You just try to ride small trend within the day. If catch one, you ride it, if you fail to catch it right, you quickly close your position

i like daily trading, but still dont get the limit and stop parameters right, so i have to observer the market for doing manually until i got trained in stop conditions

Not necessarily. Trading is not win-win situation for everyone. Someone needs to lose so others can gain.
You can't really count that  total $200 million as trading profits - we can only say that trading of BTC is rather popular.

Technical indicators are not that useful for cryptocurrency trading - they lag a lot, as they were created to fit for more stable markets.

Yes amigo. Somebody has to loose in order for others to gain, but there are also chances that somebody will sell their stocks for a lower price than usual coz they bought it at low cost. that is the "win win" gangsta love!  ;D

I agree about altcoins. Some go on the market and have a lot of volume for a while and you can trade and make a little profit. But then they gradually drop in price and you buy to get a good deal and it just keeps dropping and never recovers and you get left holding the bag.

I do agreed that day trading was very profitable to me, it was proven and tested to many of the community here including myself. But even I'm just a newbie on applying this things I enjoyed while I'm doing it, it was nice and awesome especially if you saw that your getting profit in the actual trade. Because before I was doing only a long terms trading but now I'm doing it randomly or both.

maybe i am doing it wrong but i wouldn't call day trading as "fun". yeah the profit is good and in the end you enjoy the profit you made every day but this process of making that profit is hard and so time consuming. and the stress and time it takes is sometimes not worth the profit, that is why most people go long.
and this gets worse in altcoins as they are more volatile and hard to predict.

i am personally not in favour of day trading and specially when the price of bitcoin is already trading in a high price. i like to invest my bitcoin for a long term where there are very little chances to lose money.

If you can be  a long term holder in bitcoin you can not lose if you can stay holding your bitcoin for a long time..
If you seen that the price of bitcoin is going to down it doesn't meant that the price of bitcoin will continues to decreased.. it will increase back soon just like these months.
For ICO coins i am always afraid to invest in those ICO coins because 2/10 are legit.. and most of them are scam..
My choices is to choose the altcoin which is live for a long time or in already top rankings those are increasing value and there is a big changed from last year to now..

Trading in a long term basis is very  profitable things and those assets coins belongs to these of course was number 1 was Bitcoin of course and next are altcoin which is potentials like xem, maid, ltc, eth, bay, and others. While day trading is also profitable in a short term period of  time not in a long term basis trading.

Your right longterm trading is very profitable right now in growing altcoin but we need to take care what we should hold for a long time but me i know what it its and its XEM or "NEM" i hold it for a month now and still counting haha and i hope this one can make my future be nice

that's right, altcoin is really volatile because it have little volume really different if you compare to bitcoin, bitcoin have billion dollars volume while altcoin only just few thousand dollars volume

Its good to hold a particular coin if it have a great roadmap ongoing and XEM is also a good one . Its better while holding to take some amounts for you to play even a small profit  ;)

That is the hallmark of altcoin trading. Altcoin usually only lasts for some time. If it has a profit then I suggest to sell altcoin that we have. In altcoin doing pump by dev is a reasonable thing. So take the opportunity as best you can.

I prefer day trading in alt coin, making full use of some news that can drive the price up or down. ICO is one of the best source of profit if you want to  day trading as some coin with lots of hype will drive it's price up. Longterm is also profitable but you should have the patience and see if your alt has clear roadmap and dev.

day trading was a very profitable things, where you can only do it in the exchange platform. I knew most of the good traders doing this method  of bitcoin earnings. And some traders applied trading on a long term basis, all they had to do is patience must be applied while holding  their coins until the highest peak amount of price will be reach before they sell it.

i think different people have their own experience in day trading and in long term investment, as some people like to invest their money for long term as they totally want to avoid risk of losing money, as there are very little chances of losing money in long term investment, while some people have good experience in day trading and they cannot wait for a long time, and they can make good profit from day trading. therefore i think it is different from person to person to choice their choice.

Actually, day trading is really profitable it is a major factor of getting bitcoin earnings in this industry. That's why some of the member here wanted to learn bitcoin trading quickly, but there's no short cut in learning in terms of doing doing trade in the exchange platform. especially in day trade is a quick profit in a short period time therefore traders must focus in this for time to time.

If anyone has any experience day trading altcoins and is actually turning a good profit, I'd be willing to throw some coin your way if you actually get me making money. I've got a few hundred dollars that I want to play around with and turn into much more, and I figure since I've been in the bitcoin community for so long that day trading altcoins is going to be much more natural to me than day trading forex.

Is it actually possible to trade altcoins as if it were forex and make big bucks, or do you just have to get lucky and hope one of the altcoins you're holding explodes?

Indeed investment basically bitcoin has the advantage in the long term that could be said. Because of the limits of the maximum price of the bitcoin decline was 4 years (I think). ICO and also has the possibility of similar to this, but I need to know to follow ICO then it should always be careful to not get a bad thing. Everyone did want to get value and a good profit
 

The crypto market is a very high volatile market and so the movement of prices are very drastic and day trading is always a profitable way to make some money in a market like this and as long as the market is on a positive note we can make the most dough and the alt coin market had a good month as we saw all the coins having a good rally.I do take into consideration the average risk and the price so that i wont end up holding the coins for a longer time.

There is no certain answer I think, it depends on:
- which coin do you want to trade, is it new coin which has potential after launch to the cryptocurrency market, this coin may be profitable in the right time after reach higher peak, after dump it may very hard to rise again.

-  or some famous coins such as monero, byteball, zcash, dash and ethereum ; these altcoins could be profitable in short and long term as has been proven all this time.

Ofcourse long term trading is more profitable then in day trading , Because with the time the value of the altcoins turned Into many times prices , so long term trading is more profitable .
But if you will see at the day trading then Ofcourse day trading is also profitable but is small then what we can gain in the long term trading .
In the day trading you have very less chances of the loss , so day trading is almost more profitable Because if you made your deals complete on the current day then you don't need to worry that particular coin will be delisted from the exchange or not and etc etc .

Actally, we can't say which is more profitable since it is upon  the way or what we are trading. Both of them are profitable. It depends on a trader on what strategy he is doing and what currency he is trading.

To be honest, it is not so easy to reply to such an answer, there are so many mistakes in your posts that it is just overwhelming.
You should read you post twice or even three times, because other forum participants may have problems with understanding that.

I dont see a point in saying that alt-coin trading on a long term is more efficient than trading them in a different fashion, because it is still up to the person who is making decisions. But there is no doubt that making a thousand of good decisions is harder than making hundred of them.

Every trader has different trade principles, long term or daily. It depends on the desired profit target. The most important are always discipline and always be grateful with profits. ;)

That is true, since each has different preferences. For me I prefer short trading and I just put my BUY Order at my desired price. Then even I have a small margin, I SELL it then wait again to buy at may desired price. Buy LOW Sell high, is greatly practiced :) If I cannot sold/buy a coins, I review my Order almost everyday.

I have also long term coins but I do not stock in bulk, just enough. I prefer my currency in BTC always.

Well, I almost daily do trading, and sometimes it makes me profit in large amounts. Even more so for now, so many coins whose prices rise in a short time, making many traders pay attention to the market.

TorCoin, Litecoin, and XtraBYtes have been moving a lot recently, lots of money to be made ;)

I'm afraid that what you say has nothing to do with short trading

Short trading is selling coins that you borrowed with the hope that price will actually go down soon and you will be able to buy back the borrowed amount at a lower price, thus booking profits in dollar (or whatever) terms. Maybe, you meant to say short-term trading, and that would be another matter. But it will work only as long as the price goes up in the long run, so that it doesn't matter how high or low you buy since you can always just wait till the price goes high enough in due course

Day trading is for trader who can't wait or don't have patience, and I'm do a day trading, about the profit long term trading can give your more profit but you should research first about the altcoin you want to trade if you choose a wrong altcoin not a profit you get but a big loss.

Hahah your right technically when i learn how to trade now or i understand what trading it is. I start using day trader stragety but moslty of it i'm buying coins that have potentially can grow not like many shitcoins here, well i have big capital so i can earn moslty 0.05BTC - 0.1BTC a day if there's a coin that pumps and dumps (PND).

Now i hold many coins that have potential to grow like XEM (NEM) that top 8 listed coin laat month ago but now as what you see it came up to top 6.... Wow!

Wow 0.05-0.1 Bitcoin/day approx 3 Bitcoin/a month from trading is a good income for you, and like you said need a big capital to get big profit, for now I'm still learn how to get fix income from trading, day trading still my choosen.

no , not always . you can't judge like that ,
day trader also could be about take a little risk for a little profit but continuously ,
it is minimize your loss too sometimes ,
as you will have a short period taget , and cut the loss rare happened.

day trading can be our option but we need to watch in the market about what the coins that will have increase in daily and how much we want to reach profit. because if we are too greedy with our want, then we can not get the profit and we only can reach small profit. i have this experience in XRP, i place order sell in 4k but the price is goes to 7k (if i am not wrong) but i am fine with that because i am still get much of profit for this and i think i like for doing day trading.

they are both profitable actually, maybe their differences was the speed of their profit. Because on day trading you can earn possible in daily, twice a week or more, while trading on a long term before you we get our profit, we need to apply our patience of waiting first before we harvest of our fruit of our labor of waiting.

There's a lot of trading opportunity for day traders, especially now that altcoins and crypto currencies market is very volatile and price fluctuations every second. You just need to follow the current trends and trade along with it. Just that trading is very risky and you most have adequate knowledge for you to succeed in it.

Opportunities are always there in the markets but making use of them must be a very big challenging for all the traders and for day traders it would be more riskier too compared to positional traders. Positional traders are always dealing with safe heaven in my opinion as they are not bothering about daily news hours fluctuations nor panic selling kind of market sentiments too.

Day trading has a lot of risk involved in the market rather than long term investment or trading. I tried day trading once and it was a very bad experience because i bought a high price because i think the train will just go and the price will pump but i didn't realized that i was too late for the train and the price just dump hard and i loss a lot of money because of that and i don't do day trading any more and i only do long term trading.

I would say they are both profitable. There are some altcoins that are very volatile based on their charts and they are good coins for making day trading while for long term I bought nem because I know it will make a huge pump after sometime.

i do it almost daily and got profit in good amount. i think for being a good trader you have to check the market on the daily basis and should have the patience of holding or purchasing. this is really matters in trading.

Will daily trading give profit? Because daily there is no big price variation in coins. It will take some time to increase or decrease. So how the daily traders will make a profit, i don't know. I think daily traders will get within 5% margin profit. If they want more than this, they must wait for a long time. I don't have experience in the daily trading business.

You can't judge him can earned 3 btc in a month. He already said he will get that profit if he holds the coins which got pumped up, if not, he won't earn anything (he could loss too). Doing day trading is really risky, because you can earn profit if you have invested in some shitcoins, you won't get daily profit if you are trading with stable altcoin (XMR, ETH, DASH).

With this approach, the daily profit can be ignored. Although who knows how this man earns and how he trades.

Could you state which are the alt coins you are talking about. Also btc price is nearly at the all time high. SO might be we may see some resistance and a drop here will take us back to 1500 levels again in coming time. So be little cautious to trade with btc.

I will also go for day trade it is more quick to get bitcoin profit, only things we need to do was monitoring it from time to time.
which we must faster than the bot of course as much as we can. ;)

I agree with that distinction

Many people have been bragging recently how many dollars (euro or whatever) they "earned" via trading, while in fact, they were just lucky to literally buy low and sell high thanks to price going exponential as of recent. It is easy to "earn" when the prices are constantly going up, month after month. Just half a year ago Bitcoin had been worth about 800 dollars per coin, but today its price is hanging around 1,800 dollars. That is a growth of 1,000 dollars, more than two times. It would be really strange not to profit in these circumstances

day trading is more profitable as in long run you cant predict alt coin except the major ones

Actually depends on situation Since mostly on my experience I am seeing that the altcoins price are pretty much more alive in the night since people who works on day time can attend their trading platforms since it is the time of the day that they are not busy on their daily works. Just try to compare men so you could see for yourself on what am i talking about here but if you cannot trade on night well much better that you maintain your habit and don't rush yourself since you might stress out on some certain results. And it will be trully good if we monitor each price movement since we can still earn on tradings wheter its day or night but we should need to be cautious to spot those high flactuating coin.

Day trading is more profitable than long-term, I think so. Day trading can be used to see how good our strategy to get more profit in minimum time. But long term needs more time to get profit, this strategy was usually taken by bank or corporation. If we are not bank or corporation I suggested day trading as an option. Must understand price not always same with expectation, have a good plan what time to in and out. Good luck 

If you can trade with leverage / margin and are tough as cast iron you can make money day trading. You will have to pay the price to learn and that means being able to take many losses and keep going. It is a very expensive education but it can really pay off. You will need a barf bag on occasion ( in the event of a  major loss) and  don tell your wife  what you are doing :)

Leverage trading is like gambling with borrowed money. In most cases people involved in leverage trading do that because of their greed. They want high profits in a very short time, with a lowest possible initial amount.

I personally find 10x leverage to be on the very higher side already, but it's beyond insane how certain exchanges offer people the possibility of going 100x leverage. Really, it has nothing to do with trading anymore.

It depends on the knowledge of the trader and it will determine if he will make more profit in day trading rather than long term investment. If you will ask me, it is best to do both because you will have a chance to not miss out for the possible profits that you can get or earn in both field but it is still depend to the person on what he prefers.

Yes , both have a good things in short and long term ,just make sure of the coins that you will invested to have you a more chnace to earn .Research through a coin project is a must to do. You will only make big profit in long term if you bought a coin in lowest price then have a good future in long term.

Day trading is good to those who want to earn profit everyday for fulltimer on trading for their daily needs because you don't have any way to earn money everyday, only in trading. Long term trading is also good, if you buy altcoins you can hold it for a long time and sure you can as much and it is only preferred to those put trading as a sideline.

Research is one of the best way to earn profits in any kind of investment because it will serve as a guide for you that can tell if it is a good to buy coin or not. Most of the times traders who earn a lot of money always seek for information and do a lot of research before executing any kind of buy to the coin.

Depends on your knowledge on how altcoin market work. Altcoins is highly predictable if you have knowledge on how things work in crypto currencies world. For example look at ripple last month it looked as if it is a shit coin but today and even last week alone ripple make a returned of over 200% just last week alone.

Yes, that day trading is much more profitable as compare to long term investment, just like gambling the profit is much more but the chance are more low. In short term invest you have better chance to get a good profit in a very very short period of time.

But the risk of losing money is too much there. While in long term investment you do not care for the small ups and down in the market, and after long time when he realize that his investment can give him good then he widthdraw his money along with its profit.

My source says Dash is at US$85 as of writing,not sure what you mean by 0.05?