Altcoin is for day trading

[StevenPop]

Mostly why people use altcoins for day trading is that seeing that they are still new, there is still the potential for the price to rise to 1000 or higher percentage of their current prices, something we know that bitcoin did but seeing how high the price of bitcoin is now and how far bitcoin has come, this is not a very likely outcome for bitcoin but with altcoins, you can make that much profit.

[StevenPop]

Mostly why people use altcoins for day trading is that seeing that they are still new, there is still the potential for the price to rise to 1000 or higher percentage of their current prices, something we know that bitcoin did but seeing how high the price of bitcoin is now and how far bitcoin has come, this is not a very likely outcome for bitcoin but with altcoins, you can make that much profit.

[bit-freedom]

I feel that altcoin is also suitable for holding if the project is good. Day trading is good if there is bigger trading volume. And it is more suitable for experienced traders.

[paul heman]

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

running trading with Altcoin is quite interesting. because at this time Altcoin prices are rising so the possibility of profit from trading is quite high.

[kruzer200]

For me, day trading is still too difficult because in this business it is necessary to analyze the market and the course of coins as well ..

[ShadowBits]

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

There also some good altcoins to hold. But I see some shitcoins that should really be only for day trading and not for holding it for too long or you might end up crying.

[GDragon]

In my opinion,  it is because of it's potential to gain enough profit within short time however this is very risky that can lead to big losses too. It also flexible when it comes to capital - you can do a daytrading even with a little amount of capital.

[lancer10]

Do not think that no one in the crypt at all hold coins, although I partly agree with the fact that it is rather less profitable than day trading..

[sircy]

trade daily, or hold for the long term it is the decisions and strategies each. Depending on how people do the most they can benefit. But if daily trading doesn't seem to always benefit as expected.

[Neoscape]

because altcoin prices are lower and you can make use of to buy lots of coins to get huge profits, as well as altcoin prices are more volatile than bitcoin or ethereum on daily trading

[jeronimosuykens]

For altcoin I think you can trade in day or long term. Depending on when the market fluctuates, you decide how to do business or invest accordingly. If you are a real trader then I think you trading altcoin in the day does not matter, you will quickly earn big profits.

[ThorWin]

Trading altcoin during the day will probably be very high risk. So keep them in the long run to be more profitable and safer. In my opinion you should hold them for at least 2 months and do not care about the price of them at present.

[ipanks]

I think if we can find potential altcoin to do day trading, then I am agree to go with trading but I think we can only start in right now because I see from this April, every altcoin start to increase so it will be good if we can do analyze and buy the altcoin. the altcoin itself will increase more in the next month and many people are starting from now on and they are waiting for the price is increase higher. but if we cannot do analyze, then I think our chance is to buy lower price and sell it at the higher price.

[IraKit]

Depending on market situation, it is necessary to choose appropriate strategy. When market prices fell it was profitable to trade daily, but now when the trend has changed it will be better to just hold coins for a couple of months.

[atom2080]

Day trade for me is good but also risky, however if executed right could bring stable.  in order to earn here a lot you need to have a lot to trade with, if to began with it.
How about hold.
Hold is good potential also, you just need hold your coins around 3 years! to get profitable

[Cryptokeke]

Because lots of people will dump their token after the distribution they are afraid of the dumping of the price

[chenczane]

For me, day trading is for experts, for people who master the market trend. But also, for altcoin is not for day trading. Many alternative coins have more potential and some coins is good for holding.

[metribitcoin]

Day trading is very difficult because price action of crypto hard to predict in short times,  I prefer doing long term trading by duration minimum 1 week to 1 or 2 month depend on the level price that i bought it. In this is situation of market, now best times to buy and hold it in a few week because the support area look strong and will continue to grow.

[BitcoinCazh]

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

thats because altcoins fast to increase and decrease so i can earn profit with altcoins with make use of it. remmember when you doing daily traders your goal is profit not how many coins you have

[BitcoinTurk]

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

I strongly agree with the subject you mentioned. There are hundreds of cryptocurrencies that should not be kept long term apart from specific subcocoin derivatives. For that reason it would be more profitable to buy daily or hourly buying and selling at risk. I do not want to go on without telling myself that I have made this comment with the experience of al-sat that I have lived in recent times.