Altcoin is for day trading

[campusnet]

It's profitable. I can even earn 0.1 BTC just in a day. that depends on how much your capital to do a trade. the more capital and the more profit when you can do your trade perfectly. But remember the fact that it will have involved a high risk.

trade is different from ordinary investment, trade requires more skills, if you are not equipped with skills, it is better to invest in long-term assets only, and try to study daily trading. about the amount of capital, it's up to you.

[Ucy]

Guess the traders are those who think most/all altcoins are sh*tcon or not worth holding long-term.
There are good altcoins worth holding long-term though.  If you can research & identify the good altcoins, you sure can hold them longterm.

[arnoldrimmer]

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

I use to be a strick  holder but I learnt the hard way so for now I do day trading for altcoins , i can buy a particular coin  and trade and then flip and trade and so far I have actually made amazing profit 

[skivrmt]

Guess the traders are those who think most/all altcoins are sh*tcon or not worth holding long-term.
There are good altcoins worth holding long-term though.  If you can research & identify the good altcoins, you sure can hold them longterm.

Top-altcoins with the biggest market cap are good for a long-term holding. However, less reliable altcoins are better for a faster and bigger profit even though it's way more risky to hold them.

[anggaem]

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

I got a lot of profit from especially from BNB (binance coin) because since the loss I got in 2018 I wasn't interested in being a holder.
get profit from altcoin is easier than bitcoin because of that I prefer trading usdt / alt.

[De_nis]

Because even BTC does not look stable now for accumulation, and the volatility of the Altcoins will allow them to earn a little during day trading.

[ned.ryerson]

Because even BTC does not look stable now for accumulation, and the volatility of the Altcoins will allow them to earn a little during day trading.

Altcoin volatility now allows you to lose all your money and nothing else. better just buy bitcoin. well, or if you are a very experienced trader, you can take a little risk with the top altcoins

[Huntler1993]

You will never understand them till you experience it. The issue is most of the Alt coins is for day trading due to the pump and dump system that normally happens to them. Very few coins could be invested for long term but for the rest you go in when its dump and pray for the pump period a day or two.

[o.ogurlu]

Because you can make more profits with daily trading. In addition, when the market starting the fall then you can ensure that your portfolio is not affected this fall by the doing daily trading.

[florac9]

Trading give you faster money and more quantity of your coins you trade but at the same time you might end up losing your coin if you trade at a very bad time and holding is a long-term profit investment but I can guarantee you that the gaining from holding is marginal than the one you will make from trading

[e@symode]

I have never tried to do this, because it is a very large volatility that today prevails in most altcoins, it simply will not allow working normally with technical analysis. And the risks are correspondingly much higher than anywhere else.

[rdewilde]

Most people holds at the same time most trade, it all depends on what we want. If you are a good trader, then trading altcoins will be better on the other hand if someone lacks the neccessry knowledge of day trading then holding might be his own way of doing things.

[akram143]

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

the profit percentage are very low in altcoins daily trading because if you put a lots of investment only can trade and get better profit in this case what are the ways it will be also one of the good ways to make money for your investment.

[Ezenwanyi1]

Actually it all depends on the altcoins involved....there some very good altcoins that are good for long term holding.
But it's good to also do some swing trading while holding such coins , as one stands to gain much more than just holding .

[Chinsmokers]

I think altcoin is perfect that can benifit everyone in the terms for profit , because enthusiasts are sometimes reduced to cause the exchange rates to decline again and cause a loss when we continue to hold altcoins.

[Rimon365]

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.

[fuer44]

because by trading, we can indirectly pump up the volume of buying and selling simultaneously in a short time. that way, the coin will continue to pump up the market cap and the impact on the price. but if hold for the long term, it is the same as we hold tokens to develop. and keep in mind also, if everyone holds in the long run at the same time, then the movement of the coin is almost 0 and it will actually make the price of coins difficult to develop. so, in addition to personal gain, trading is also useful to keep pumping coins constantly moving.

[cytpoway121]

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

This is a wrong analysis of day trading; When it comes to day trading; there are different strategies, methods that you can employ.
You can decide to trade usdt/btc and get your swift daily percentage
Likewise, another one can decide to trade btc/eth it all depends on your choice.

So stick to doing your research, master your strategy and understand the market before stepping in.
Always dyor.

[sky_Gritzz]

yeah of course Altcoin is really good for daytrading but if you want to hold maybe you can choose maincoin like ETH, BNB, BCH and other main coin.
because Altcoin is really risk and maybe someday it will be gone like scam.
because of thet people just hold maincoin and make altcoin for day trading to get some profir on it.

[suryapro]

because most of these traders trade for new coins that are undergoing good developments. but not coins that have long-term development. and I think this will produce for their daily