Day trading

[iram3130]

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

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!!!!

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.

[Zadicar]

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

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!!!!

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.

[senyorito123]

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

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!!!!

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.

[icecube45]

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

[densuj]

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.

[thunderbitz2717]

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

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.

[hisuka]

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.

[Caladonian]

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.

[geopolisch]

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.

[deisik]

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

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

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)

[BitcoinPC]

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.

[kidoseagle0312]

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

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.

[Gameroid]

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.

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.

[Sled]

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.

[JeffBrad12]

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

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!!!!

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.

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.

[jossiel]

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

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.

[~Bitcoin~]

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

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.

[Vaskiy]

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

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.

[nasipadang]

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

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

[deisik]

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

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!!!!

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.

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

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