Altcoin is for day trading

[masphie]

I think not all people doing that, if altcoin have profit for long term, i think they will hodl that alt.
and not all altcoins are suitable for day trading

[iTradeChips]

Altcoins are really designed to be traded back and forth in my opinion. This is where the action all occurs and I would definitely be suggesting others to try amd do day trades with their target altcoin. It is as easy as setting up an account in binance and then do all your trading. I have told many of my colleagues about this and so far they do not regret joining and making extra by doing day trading.

[Pamadar]

Altcoins are really designed to be traded back and forth in my opinion. This is where the action all occurs and I would definitely be suggesting others to try amd do day trades with their target altcoin. It is as easy as setting up an account in binance and then do all your trading. I have told many of my colleagues about this and so far they do not regret joining and making extra by doing day trading.

If you have enough time day trading for certain alts may work for you. There's always movements from this market and having
a good glimpse leads you to pick the right project for your daily trade.
Though there are people who buy or invest and hold from other alternative project believing that taking this assets for good mid-long
investment will bring them more decent profits.

[Surrapatt]

I also don't know why so many people are day trading for profit. I trade to convert tokens into my currency, then I withdraw them into my currency. The rest I don't know.

What you are doing is also a good thing for you, even though it is an old method that is still widely used by some bounty participants today, and some do daily trades in order to get multiple profits through the bounty they have earned, but basically it is equally good in my opinion, because everyone's main goal is to make money while looking for new knowledge in crypto.

[3meek]

I think that some shitcoins are for hours trading, some altcoin for day trading and there are also really good projects as polkadot and HBAR that could be holded for years waiting that we are ready for this kind of technology

In my opinion, absolutely all altcoins are designed to take away your bitcoins, if you invest in these coins... From the whole huge market, few projects are successful!
I am not talking about the past times when XRP or XEM cost less than a cent...

Best for day trading I consider the shitcoins with low cap!

[witbla]

What I've noticed, there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. From my point of view, mine is pretty rational and can help to find the most advanced solution for you

[hwtee]

What I've noticed, there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. From my point of view, mine is pretty rational and can help to find the most advanced solution for you

Definitely, there are many aspects you should pay attention to. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours

[witbla]

Definitely, there are many aspects you should pay attention to. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours

I am usually starting with the niche. For example, talking about me, I am fond of different progressive bots stopping and reliability increasing platforms. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more

[hwtee]

I am usually starting with the niche. For example, talking about me, I am fond of different progressive bots stopping and reliability increasing platforms. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more

Usually people just follow what everyone follows. But I like your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements?

[witbla]

Usually people just follow what everyone follows. But I like your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements?

One of the most worthwhile solutions I follow is hCaptcha. hCaptcha is designed to solve the most labor intensive problem in machine learning: labeling massive amounts of data in a timely, affordable, and reliable way. hCaptcha allows websites to make money serving this demand while blocking bots and other forms of abuse. Google them to check more

[MCDev]

Keeping altcoins in the long term is not the best prospect. We simply lost a large number of coins without selling them on time. Projects do not last long, and it is necessary to use the opportunity to earn money on time. Volatility is very high, even within one day we can observe large waves. You need to use the moment and not wait for the manna from heaven.

We can still keep altcoin long as long as you choose the right currency. If you bought Ethereum in December 2018 and held it up until now, you will surely have made a large profit.

[criket]

Keeping altcoins in the long term is not the best prospect. We simply lost a large number of coins without selling them on time. Projects do not last long, and it is necessary to use the opportunity to earn money on time. Volatility is very high, even within one day we can observe large waves. You need to use the moment and not wait for the manna from heaven.

We can still keep altcoin long as long as you choose the right currency. If you bought Ethereum in December 2018 and held it up until now, you will surely have made a large profit.

it looks very easy, but holding assets for a long time is very difficult. choosing assets may be right, sometimes choosing a difficult time to find the right time. Especially for new investors, sometimes they come at the wrong time and get caught up in buying investment assets that have decreased.

[Nalien]

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

Lots of altcoins are just pump and dump so it's good to make quick profits. People mostly use altcoins for trading but there are some very good altcoins that will be valued more in future so they are good for long term holding so not all of the altcoins are for just day trading.

[FantasyGold]

It really depends on the person, as for some it could be that way. However, there are many people who are more comfortable doing it for long term. And I am also amongst those who prepare for long term battle, as to be able to gain. It is simpler and easier for me through Crypto Xchange Reviews, it is one of the best place through which one can get all info to be able to trade with ease and comfortable for me.

[Dondeon]

Altcoins refer to every other coins apart from bitcoin. I disagree with whoever have the opinion that we cannot hodl altcoins because ethereum is also altcoin. There are many good and solid altcoins in the crypto space right now if we can dig deep, such altcoins include Chainlink, Band, DIA, TRB, Ethereum, BNB and many others that I cannot list right now.

[Kezacky]

yes,you can do daily trading because every altcoin has a good sign to buy and sell, 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.

[MCDev]

Keeping altcoins in the long term is not the best prospect. We simply lost a large number of coins without selling them on time. Projects do not last long, and it is necessary to use the opportunity to earn money on time. Volatility is very high, even within one day we can observe large waves. You need to use the moment and not wait for the manna from heaven.

We can still keep altcoin long as long as you choose the right currency. If you bought Ethereum in December 2018 and held it up until now, you will surely have made a large profit.

it looks very easy, but holding assets for a long time is very difficult. choosing assets may be right, sometimes choosing a difficult time to find the right time. Especially for new investors, sometimes they come at the wrong time and get caught up in buying investment assets that have decreased.

For the new investor, short term trading seems more difficult than long term trading. Trading in a short time requires a lot of knowledge and skills.
Even people with extensive experience in the cryptocurrency market cannot determine the exact time to buy a coin.

[mezzaluna]

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

Well, its true that Alternate Coins are better for day trading since these coins have the possibility of its value to fluctuate into different values that can give profit to the traders. Having lots of Alternate Coins is actually good since there is the possibility of HODLing it and just because they have it, they would trade it right away; they are just looking for the right opportunity to buy and sell better Alternate Coins so its purely decision making in which Coins to hold or which coins to sell.

[chikator]

Altcoins are too volatile. It changes almost immediately in price, making it easier to cash money out everyday or lose money everyday depending on the movements of the coin. Considering bots to trade for you in altcoins if you would aim the daily grind would be helpful.

[3meek]

I concluded that there is no need to hold ALTS for a long time! I have a few projects I'm sure of, but I still wish I had sold them when they were many times more expensive than now... That's while I've been keeping them for several years!