Altcoin is for day trading

[caugiay074]

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.

[tuquyen44]

Because the price fluctuation can bring very high profit. If you are suitable for daily trading you can choose. But if you don't have trading experience I wouldn't recommend that.

[tuquyen44]

i want to say, If you are a beginner, I personally do not recommend daily trading. And also if you want to make money in crypto,
better learn about how to trade by the day method and you can buy some good coins and hold for a few months and sell them for profit.

[kaylinmaxx]

Altcoin is good for trading because Altcoin price price has the potential to go up faster than Bitcoin. especially if we can choose a good Altcoin, we will get a big profit. so if we want to trade altcoin we see first the market condition altcoin it. 

[lalatao71]

Because the price fluctuation can bring very high profit. If you are suitable for daily trading you can choose. But if you don't have trading experience I wouldn't recommend that.

[lekegami]

Hodling is the safest way indeed, but can net in some low profit if the coin loses its position or fame. Day trading can bring in some serious profits but you have to know what are you doing.

[Gerandoong]

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

I want to say, in any case, I believe that everyone should be free to do whatever they like. And If you have a good knowledge of technical analysis, you can trade day. If you are a beginner, I personally do not recommend daily trading. And also if you want to make money in crypto, better learn about how to trade with the day method and you can buy some good coins and hold it for several months and sell it for profit.

[mattcerna16]

Just due to more volatility I think.

[Augustyusuf]

i dont think so, maybe they were doing day trading was only for gain short therm invest or take real cash profit even if it only profit around 10-50$ but daily profit.

[alfs75]

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

Actualy you have a big point about this yout statement bro that altcoins is suits for day trading,especially if you are very enthusiastic in cryptocurrency investment,otherwise its also usable in holding in a long term investment,because mostly new altcoin now become matured when its takes mostly into one or two years before the price value would grow high in the coin market caps.

[Torrentiota]

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.

[GUNGUN12]

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

Actualy you have a big point about this yout statement bro that altcoins is suits for day trading,especially if you are very enthusiastic in cryptocurrency investment,otherwise its also usable in holding in a long term investment,because mostly new altcoin now become matured when its takes mostly into one or two years before the price value would grow high in the coin market caps.

Although daily trading is profitable, the risk is also very great. It's easy for your money to lose money. I think you should invest for a long time and invest less risk than day trading. But you also have to be patient to be able to earn a profit.

[Pline]

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

Just because it will bring you much more profit than just holding.
But the risk is also high.Prices goes up and down everyday and you need some skills of trading to make decisions what coin you want to trade.
If you want to try it,better study some of the tips first.

[Coremi9]

Its not like that every coin can be for long term but u need to decide which one is worth for long term, of course if u keep long term any shitcoin u ll be sad at the end but if u check price of altcoins in 2013 and now u can understand if its worth to hold altcoin or not.

[voltesbazooka]

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

Because most of those people would most likely be risk-averse. Meaning that they do not have the stomach to take the risk on an altcoin going down on prices. Because as you well know, altcoins are relatively cheaper in price. If you do day trading, you get profit and you don't have to take the risk of the market price of the altcoin going down.

[traderethereum]

Because the price fluctuation can bring very high profit. If you are suitable for daily trading you can choose. But if you don't have trading experience I wouldn't recommend that.

and with the fluctuations, we can use it to make a profit. although we cannot trade in every day, I think we can use it for a week or in once for a few days so we could still make money from trading. I am sure that we are able to search from the fluctuation so we can determine a good price to buy and sell and finally, we can make a profit. and for people which don't have trading experience, maybe they can hold it for a while until the price really increases higher so they can get the profit.

[jump4ever]

I think that day trading is too risky, because you can not analyze the situation on a daily chart. In any case, it is better not to engage in trade if you do not know how, because you are more likely to lose everything!

[last7minutes]

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

I don’t mind what whose guys are talking about when say that altcoins ostensibly more suitable for day trading. We can not predict what will be with the  price next week and we of course can be responsible of any prediction about price fluctuations during a day.

[Lilandra2006]

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.

[quesi_job]

Topics like these are mostly based on individual mental model. To the trading experts, they would probably go for day trading where asit would be best for begging to hold altcoins for long term.