Altcoin is for day trading

[Wong Gendheng]

Yes, altcoin is best for day trading. Because altcoin is not as stable. If you keep hold, it will take a long time to get the profit. On the otherhand if you can day trade you earn a lot of profit in short time.

Yes right, the price of a roller coaster is a good indication for daily trading, this makes us likely to get big profits, the most important thing is to take risks.

[1715083861]

1715083861

[herurist]

Yes, altcoin is best for day trading. Because altcoin is not as stable. If you keep hold, it will take a long time to get the profit. On the otherhand if you can day trade you earn a lot of profit in short time.

Yes right, the price of a roller coaster is a good indication for daily trading, this makes us likely to get big profits, the most important thing is to take risks.

I trade every day in several altcoins with good profits, but still I also have to be vigilant for that risk, trading daily won't saturate me in my opinion.

[ringgo96]

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

Normally altcoins nit survive for too long so they were using it to make profits as early as possible.

The movement of altcoin is greater than bitcoin and also if our capital is not large, it is suitable for us to trade with altcoins. so what is clear is that indeed we must be able to choose the altcoin that is suitable for trading

[Bonwin]

Coins that are already established are not the perfect ones for trading, except you are a whale who truly understand the nitty gritty of manipulating market. Most times altcoins are better choices for retail traders, mainly those who have limited fund. With your little fund, you can make so much profits from altcoins, particularly the new ones in th emarket.

[CLywaTeLb]

There are many reasons that make people want to trade daily using Altcoin, one of them is because if we they trade daily, we can get results in the near future, no need to wait a long time. But if it is " hold " then it is difficult to be sure for anytime we will enjoy the benefits, because if  Hold,   we must be patient waiting for prices to rise according to our target. If the price goes down, we will be nervous and anxious.

Being an intraday trader is not as easy as it sounds. Daily profit is not always possible. Trade in altcoins is complicated by the fact that most assets are illiquid, there is no possibility to trade short (for a fall).
Holding is easy, but a long way for the patient.

[ACheair]

Altcoin thread are very differentiated by itself. There are thousands of cryptocurrencies, of projects out here and many of them are working on a different rules than bitcoin, or even ethereum. It's obvious, but the differences are making them more or less volatile to market situation. Nonetheless i agree with an opinion, that many altcoins are very difficult to hold - for example, one of cryptos i held for months was FTO, and right now the price has dropped down a bit, but according to their medium (https://medium.com/futurocoinfto/a-futurocoins-masternode-5d51b23628e6) they are introducing some new solutions to their chain and masternodes system to be available for more people

[zarintasnim]

Day trading is not easy task if you are new in the trading world. First you should achieve knowledge about trading. Day trading is less risky to long term trading. Other hand day trading is less  profitable.

[investtra]

Altcoin for daily trading is very good and currently, the price of Altcoin is also experiencing very positive changes. It's time for us to trade Altcoin which has very good growth. I suggest you buy a BNB, this coin is very good and has very fast growth.

[mersal]

Definitely it will be one of the great opportunities for trading because we have lots of types in trading methods so how we can shoot for type with trading we need to go forward with our comfort zone that is the most important thing we have to find in trading.

[Alpinat]

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

I guess it is because they need money and holding token doesn't make you get profit immediately. It will take time to get the profit and we all know that the market is not in good right now. So many of people do day trading instead of holding tokens. As simple as that.

[trash321]

You need to be able to trade, I understood this many times, because I could have a lot more money now than there is a mind, and this is a very small amount, so I think that it definitely needs to be able to properly analyze

[Zhenka]

Friends, pay attention to the BIX tokens (Bibox Exchange). Their volatility is ideal for trading. In my opinion of the coins of the top 100 is the perfect tool for day trading.
Maybe everyone has their own trading style, but under my style it fits perfectly.

[karankamaze]

You need to be able to trade, I understood this many times, because I could have a lot more money now than there is a mind, and this is a very small amount, so I think that it definitely needs to be able to properly analyze

Now, with such a drop in prices for the Altcoins, there is a very large volatility when they break resistance to a coin. The price hovers around 2-3%.

now the market is indeed down so it's very good to buy now and in a few days I'm sure we can get a profit.
but indeed if our capital is small then our profits are also small so we must try harder to collect capital little by little so that one day our trading capital will be bigger so we can get big profits more, already.

[Globen]

I see people saying it also, that it is better to trade altcoin than holding it, this is because if you understand the trend behaviour of altcoin, you could make profit faster because of it's volatile nature but for me, I just hold, because I am not a good trader yet.

[pushups44]

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

It depends on the particular altcoin. Many altcoins are pump and dumps, and so do not make for good long-term holds. On the other hand top altcoins like Ethereum and EOS are widely regarded as solid long-term investments by investment funds and ratings firms.

[endogan]

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

It depends on the particular altcoin. Many altcoins are pump and dumps, and so do not make for good long-term holds. On the other hand top altcoins like Ethereum and EOS are widely regarded as solid long-term investments by investment funds and ratings firms.

everything depends on the coin because each coin the growth is different so not all Altcoin are the same so we check which one is suitable for daily trading for investment.
Altcoin can be profitable, so that in any way you can still make money.
remain optimistic and always optimistic that you can benefit from potential Altcoin.

[burky156]

If you try to hodling your altcoins that means that you have invested some good ammount of money, otherwise you can't make good profit, it would be impossible. I believe that the daily trading is most suitable things with the altcoins today. It is less risky and if you know how to trade you can make some profit everyday. Ofcourse you have to choose your altcoins in the TOP100 list.

[adekogbe]

By ignoring them market in year 2017 which in my opinion is an anomaly where altcoins immediately mooned to multiple x in terms of roi.
Altcoins dont always go straight up and are often fluctuating between different high and low points.
I think altcoins are suited for day trading as with the right trading strategy, they have potential to reap good profits compared to holding long term.
I prefer trading altcoins and holding the top traditional coins like bitcoin ethereum ripple and the others in the top20 on the coinmarketcap

[rarkenin]

Day trading is boring and the rewards are not higher than swing trading. Day traders buy sell the useless altcoins and make fake volumes on the small exchanges from my experience. An altcoin is a good choice for day trading.

[Danslip]

By ignoring them market in year 2017 which in my opinion is an anomaly where altcoins immediately mooned to multiple x in terms of roi.
Altcoins dont always go straight up and are often fluctuating between different high and low points.
I think altcoins are suited for day trading as with the right trading strategy, they have potential to reap good profits compared to holding long term.
I prefer trading altcoins and holding the top traditional coins like bitcoin ethereum ripple and the others in the top20 on the coinmarketcap

High returns on the market were possible during the last bull market in 2017. Ethereum and Ripple are gained more than 300% during the 4 month period and I miss those days so much.