Altcoin is for day trading

[Broesel]

You need to have a lookout for new coins, which have still high volatility in the first few weeks of their release. Of course you need to do your research, if this is a potentially good project in terms of tech and inovativity. Lastly, there is the ounce of luck you need! But that is like everywhere in crypto.

[popolite11]

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

Some of my friends are used to earn money by trading. They use pair of currencies for trading which consists one well-known old coin like Ethereum for example and another fresh coin that appeared on the market recently.

[holigans]

When altcoin prices rise slightly and now is a good time to make a profit with trading today, moreover it is very difficult to predict altcoin prices are very difficult and this is the right time to sell altcoin because we do not know if altcoin price can go up and can go down again then it is better you sell your altcoin at this time

[Dek_Fakhri]

Maybe this time is right for trading today because this time many people who sell their altcoin because it has been waiting for a very long time because now altcoin prices go up and I think you are quick to sell altcoin that you have held for a long time

[cointerstrike]

Projects suitable for daily purchase and sale are high volume projects. It is profitable both in daily trading and in long walks.

[spastikss]

If you know how to trade, the best solution is to trade with altcoins. But if you do not know, it makes more sense to hodl and wait the best time.

[Kryten12]

If you are not ready to try and day trade I think you can make good profits just by holding altcoins and picking the right time to sell them. If you were buying in March or the start of April then you have most likely seen 100% gains with some of your coins. Patience is key for this strategy but discipline is also important as some times you have to cut your losses.

[Memeicomel]

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

currently for the development Altcoin is greatly improved compared to last month. so this time is the right time to execute trades. I estimate the profits earned. so I advise you to run the current trading

[Shikamaru]

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

Daily trading takes time and its own technique. But it usually works well when the current uptrend is. I try with my little investment with a simple strategy, buy when the price goes down and sell when the price goes up. But maybe a little knowledge about the shape of the charts and candles would be better.

[waaat?]

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

Daily trading takes time and its own technique. But it usually works well when the current uptrend is. I try with my little investment with a simple strategy, buy when the price goes down and sell when the price goes up. But maybe a little knowledge about the shape of the charts and candles would be better.

Intraday work anytime. But on different markets I get profit in different currencies. On downtrend you can get more alts buying on waves. But you must have a patience and no emotions

[Nagrogflaz]

trading a coin means to make a profit so if our coins already have a good price and if sold will benefit then sell it is a good thing but if the coin price is still low and there is a possibility of going up again then holding it much longer will be better

[Bokugo]

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

Daily trading takes time and its own technique. But it usually works well when the current uptrend is. I try with my little investment with a simple strategy, buy when the price goes down and sell when the price goes up. But maybe a little knowledge about the shape of the charts and candles would be better.

Intraday work anytime. But on different markets I get profit in different currencies. On downtrend you can get more alts buying on waves. But you must have a patience and no emotions

If seen Altcoin good for trading because Altcoin price price has the potential to rise especially if we can
choose a good Altcoin, we will get a big profit. So if we want to trade altcoin we first see altcoin market conditions. and many good altcoins today, such as Ethereum, Ripple, Litecoin, and so forth.

[raiderking96]

yes I agree that altcoin is more suitable for day tading not for holding, because the movement or price changes in altcoin are very volatile and the future is difficult to predict, very risky if we hold altcoin in the long run.

[ethereumhunter]

in this situations, I think we can do daily trading because every altcoin has a good sign to buy and sell and I think we can take a good profit from this. we need to know when the price is good to buy because sometimes, we are getting a trap at the high price so we cannot sell in that times so be careful. daily trading is also good to for people which have knowledge in making analysis the trend so he can make a profit and I see that the market right now is really helpful for us to make day trading.

[LemonF3]

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

I think you are correct. Though I still did not experience trading but based on my research it is very true that altcoins is not so good if hold. You must trade them right away especially those not so famous. Anyway there are also some that are worthy of holding it for longer time. And for me it is etherium.

[crazylikeafox]

For others, altcoins is best suited for day trading because through the movements of it on the charts, you can see a bigger change on altcoins every now and then. That’s when traders get a chance to buy and sell. As for me, I still prefer on holding, it is much safer for me and I get more profit through it.

[Nikitavoz]

Because Altcoin is too volatile and many tokens have no value, they rn`t suitable for long-term holding. As for me, then I`ll also choose to hold it in the short term.

[chicken Campus]

I think if there are some people want to earn quick income from trading. this will depend on their luck. if they are lucky to buy before the market increases, they will get more coins in a short time. and one more thing you have to be careful when trading daily. Sounds simple but not easy.

[Jatin thapar 01]

Trading in altcoins is only for the experienced traders ,who know how to trade in them as they can analyse the charts more carefully and can predict for future ,  moreover day trading is difficult because its price is predicted in very short times , i  prefer to do long term trading for more than 1 month depend upon the price level which is bought.

[kere hore]

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

probably because now altcoin prices are rising again, so many people prefer trading day because last month altcoin price decreased and many people choose to buy altcoin and invest in long-term