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Author Topic: Altcoin is for day trading  (Read 4282 times)
spaso_87
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May 15, 2018, 04:14:33 AM
 #281

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

It could be altcoin for trading today because I see that altcoin is a bit green, so many people want to sell altcoin today, but I hope altcoin will be stable again and can improve the market for the future, and if you still hold your altcoin until the stable price is better ..'
ipanks
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May 16, 2018, 09:21:13 AM
 #282

be careful if you want to do daily trading with altcoin because now almost altcoin is down and maybe you need to break for a while until the price can be stable first. I think the price will still getting down in a few days later but it still too difficult to predict where the altcoin wants to move and it is better to just wait. and I think we don't have to be panic to see this because I am sure that altcoin will be good for day trading. maybe this is just a test for us to see how patient we are to hold our coins.



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susutao86
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May 17, 2018, 08:04:50 AM
 #283

Day trading is not at all recommended for low risk and non experienced traders. Only for the people who are all capable of well analyzing the market, may go for it.
Isaak Brenner
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May 17, 2018, 08:58:04 AM
 #284

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.
sultanali
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May 18, 2018, 08:29:04 PM
 #285

Dogecoin Is a very good coin for day trading because most of the time it moves around the same price so if you want to do the day trading you can buy dogecoin on the low of the day and sell it at the high of the day like this you can make a good profit from Dogecoin.
jackjackmomy
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May 19, 2018, 04:47:52 AM
 #286

I do not understand too much money I think they are missing.i personally find it very difficult to cash out my investments because there can be an explosion in the market at any moment
JeromeL
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May 19, 2018, 06:41:58 PM
 #287

Everything depends on altcoin. If he has a large capitalization and large volumes of daily trades, he is ideally suited for daily trading. If you bought altcoin on ICO, then prepare for several months to keep it.

Sarcasm
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May 19, 2018, 06:49:13 PM
 #288

Everything depends on altcoin. If he has a large capitalization and large volumes of daily trades, he is ideally suited for daily trading. If you bought altcoin on ICO, then prepare for several months to keep it.
If you choose the wrong choice or time so make sure you have plenty of experience before doing so. Because
day trading is for traders who are expereinced because it is difficult to anticpate the price and you will lose a lot of money on them.
raahi
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May 19, 2018, 09:42:40 PM
 #289

Many good altcoins are there for day trading but some of the altcoins are here for long-term holding also they can give amazing profits in the long-term so better to find good long-term coin and hold them to earn profits.
totholio
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May 19, 2018, 09:45:48 PM
 #290

95% of the altcoins are not used yet because most of them are utility, requiring a platform(months of development) and costumers(also months of negotiation) plus a big community.
saulzaents
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May 19, 2018, 10:02:54 PM
 #291

I support it, but it is a very difficult job it is very tiring to daily trade.
I don't choose it because of it. Long term is a bit more comfortable.
thanhly0760
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May 20, 2018, 03:26:06 AM
 #292

Not all altcoins are suitable for day trading.
But most of them has the price which follows toward the BTC with some delay.
I think that the longer the delay, the greater the benefit for this coins.
bamita140
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May 21, 2018, 04:37:59 AM
 #293

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.
jasper79
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May 21, 2018, 04:39:42 AM
 #294

Well, Altcoin presents the biggest of opportunity to profit but has the biggest risk in trading as well. But if you have the system and follow it then you'll be rich doing so.
derihendra
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May 21, 2018, 04:42:37 AM
 #295

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

for those who want to sell atlcoins are also allowed, who want to hold altcoins can also, because the price of crypto can change anytime, whether it is down, or up, if I, better hold in a long time

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Kryten12
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May 21, 2018, 06:36:25 AM
 #296

Altcoins can be good for day trading as they tend to be smaller in price individually so you can move decent  amounts without causing major ripples in the overall price. Any coin can be good for day trading however as long as it has good liquidity.

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commanderbitcoin
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May 21, 2018, 07:11:10 AM
 #297

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Not all altcoin are only good for day trade. There are some altcoins that is good for holding. If you can see the past chart of known altcoins, you can see that the holders of those coins profit a lot compared to day traders. Because day traders usually get caught when the coin suddenly pump up and never comeback from its previous price.

dropper01
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May 21, 2018, 07:16:17 AM
 #298

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Daily trading looks for the highest fluctuations, maybe some altcoins do have it.
R3ffun
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May 21, 2018, 07:36:42 AM
 #299

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
They are valuing more bitcoin and that's why everyone loves to hold bitcoin for long. While for altcoins, they are not giving too much importance too it and that's why they like to day trade altcoin which potentially can give them profit that can add their bitcoin holdings. And altcoin can be good for day trading because you have many choice where you can just jump off after profiting to the current alt coin you have.
Altcoin which has a pretty good development will be very profitable if we run trading with it. other than that currently certainly the right time to run the trading and make trading day to much greater profits again in the future. so I am more supportive for you to run trading today and develop it.
SKgrubby
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May 21, 2018, 07:46:10 AM
 #300

I think the risk of day trading is very big, so I don't recommend trading in day trading. I think the top ten cryptocurrencies in the long-term investment market will be a very good choice, because the risk of investing in them is very small, and There will be a lot of room for growth in the future.
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