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Author Topic: Altcoin is for day trading  (Read 4268 times)
Uderlord
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June 21, 2018, 02:40:58 PM
 #381

Daily trading is just a casino game and no knowledge will help you except that you will have 51% of guesses,the only normal tactic is holding.
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lavanderN
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June 21, 2018, 02:45:07 PM
 #382

I don’t think Altcoins are only for day trading. The market is unpredictable there can be an Altcoin like Verge with bad news but its price is up or vice versa.
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June 21, 2018, 02:48:53 PM
 #383

I think that altcoin is perfect for day trading. it is because the price changes experienced by altcoin is always so fast that the flow of price movement is very difficult to predict. therefore altcoin It is worth to be a short-term investment that is quite convincing. it's different when it becomes altcoin as a long-term investment, for me the nature and characteristics possessed by altcoin is not to be a long-term investment.
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June 21, 2018, 02:49:09 PM
 #384

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
I disagree. If you consider that most simply do not know how to trade, it's best to just hold. Wait until your coins grow up and you will be happy Wink
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June 21, 2018, 03:34:23 PM
 #385

Some higher cap altcoins like ETH, BCH or LTC that can be traded with leverage are good for daytrading I suppose. But most of them are not because fees are too high.
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June 21, 2018, 03:45:01 PM
 #386

90% of altcoins are scam thats why its not very healthy to keep every altcoin for long term but if u find any promising altcoin for long term that is going to be very usefull in future. U can invest there for long term.
titan20
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June 21, 2018, 03:53:08 PM
 #387

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.

Because they have a very high volatility and if you have enough capital and the skills you need to trade on the markets. You can make a lot of money every day.  Grin


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ngantrann206
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June 22, 2018, 02:10:24 AM
 #388

because for us by trading in the market we think it's easier to earn our daily profit, because with us very easily in a short time, and also very good we hold in the long term, because we will more and more that we get.
mrkimvanan1
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June 22, 2018, 02:17:08 AM
 #389

because alcoin volatility and small market capitalization

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June 22, 2018, 02:17:29 AM
 #390

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
only a few altcoins are good for future investments. and hold the long term. I think it is ethereum, Waves, LTC, NEO. as they move steadily but keep up. besides that I also see altcoin is very good for daily trading. due to very rapid price fluctuations.
DevilCredit
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June 22, 2018, 02:19:27 AM
 #391

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
daily trading is not as easy as you imagine, there are many considerations and analyzes that you should do. in the current market conditions it is very difficult to do it, without it all I am sure you will be stuck.
with Altcoin currently continuing to experience growing developments capable of generating far greater profits by running day trading ii. so it would be great to have Altcoin for trading this year and continue to support it for much more advanced developments in the future,
dazuixia456
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June 22, 2018, 07:23:51 PM
 #392

The answer is pretty obvious when you think about it for some time. My opinion is that there are many speculations around altcoins and it is much more effective in day trading rather than holding them for some time. That is not the case for every altcoin but still.
asweetgirl321
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June 23, 2018, 04:53:11 AM
 #393

Its not just for daily trading, its also for long term but long term not more than 6 months. If u have time check charts of altcoins from 10.10.17 - 10.03.18 U ll see that altcoins first going to top after that they are decreasing thats why u dont need to keep them more than 6 months.
hadao.38
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June 23, 2018, 10:52:50 AM
 #394

This is just your experience. As for me, I see that big and professional traders prefer Bitcoin and top altcoins to day-trade, and other alts just to flip or enter the market..
adolf512
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June 23, 2018, 10:57:54 AM
 #395

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
To make money using crypto currency, you need certain skills, knowledge and experience. Trade in altcoins every day, with such an unstable market - is very difficult. On this I admire such traders who earn money on the daytime trading of the altcoins.

keykey1
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June 23, 2018, 11:04:21 AM
 #396

Altcoins trades well, throughout the day. They can change their value in the range from 5-20%. These are very good figures for speculators, who are interested in trading and not in HOLD.

You need to be a very skilled and experienced person to deal with day trading. I tried it once but as soon as this activity needs really much time, I have to quit it. Therefore, I am mostly holding the cryptocurrency.
derihendra
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June 23, 2018, 11:10:48 AM
 #397

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.

it's up to each, if you can trade please trading, if you hold is also not a problem, the most important we can profit

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June 23, 2018, 05:24:15 PM
 #398

I think altcoin is perfect for the benefit of someone in the search for profit every day because enthusiasts are sometimes reduced to cause the exchange rates to decline again and cause a loss when we continue to hold assets.
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June 24, 2018, 03:41:16 AM
 #399

Some of altcoins very volatile, it's good for daily trading. Also movement of altcoins prices is easier to predict. I don't do that, but you can try it if you want, don't forget about fundamental and technical analyses.
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June 24, 2018, 04:17:50 AM
 #400

Right now, trading altcoins is the best way to get quick profit, but it really unsafe to trade without learning. The market price may crash really quickly and if you don't know the points to cashout then you might lose all yours profit.


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