Altcoin is for day trading

[khimer_rangers]

yes maybe you are right I proved I hold a lot of altcoins for the long term but only a few who benefit,only the really good altcoins are suitable for the long term.but trading short term is more difficult for me than long term.

[Gombong]

yes, Definitely it will be one of the great opportunities for trading because we have lots of types in trading methods so how we can shoot for type with trading we need to go forward with our comfort zone that is the most important thing we have to find in trading.

[shoreno]

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!

what your trying to say is that you could have sold at the right time but the point of the topic is about trading .

 your coins are simply not the kind of coin that are built for trading because you see you still hold your coin because they simply cant recover easily after missing a good pump .

your not alone but the people like you that chose this path are just lesser than those who chose to trade .

[forexandcryptoauditor]

Looking at the volatility having for these altcoins, its true. For day trading volatility is the most important factor to consider. It also depends on how long we want to old if not doing day trading. For long term investors, day trading is not suitable.

[kawetsriyanto]

Because its volatility promising higher profit than holding. Holding is bad idea if you want to make money in crypto,~

Not only altcoins, Bitcoin also has high volatility. Holding is also a good way to take profits, mate. You don't deny the fact!!
Many people got even higher profits by holding, not by trading. It depends on you, I mean your skills, whether good in holding or trading. Surely, both of them can gain profits. Regarding the number of profits, will depend on how you make it (strategy/approach/way) and how good your experiences.

[KimmyF]

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.

In volatile altcoins investment should be lower than top altcoins. Short time invest or day trading whatever I would prefer new altcoins but it has a high risk. You should be ready to lose some money on new altcoins. Most of us are very impatient, so most of us like to invest in volatile coins. Only traders like to invest in volatile altcoins, (op) you know that top altcoins aren't huge volatile.

[djmixen]

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

The majority of the altcoins are really good for day trading, but there are some remain good for long term holdings as well.
Meaning, it is not true that all are good for day trading. Just like what I'm doing it for a couple of years now where most of the assets
I have in cryptocurrency are commonly came from the result of my day trade in cryptocurrency.

[Kotone]

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.

Altcoins are also not just volatile but bit risky. I know the topic denotes a close sensitve case about trading cause a lot of investors already suffered from volatility. I think if ever someone invest on altcoins they must choose a major crypto that can be trusted or csn be called top projects if they want to be safe with it.

Im only playing with the big boys of marketcap cause I know these projects will stay until the end.

[yeamin.rsl]

Altcoin is better for day trading rather holding. Firstly day trading benefit  is that traders have the opportunity to make high returns, Prices can double in hours or overnight. 
But you have to remember that most day traders fail to make money when day trading is the lack of knowledge, so you have to make sure that you research well about trading .

[Bitbuffalo]

Super nice alt at the moment, low cap still new not even on CMC yet. Fiscus.fyi get a bag sit back and relax, I got some uFFYI and FFYI staking and earning more building my position!!

[rahmathidayat93]

Looking at the volatility having for these altcoins, its true. For day trading volatility is the most important factor to consider. It also depends on how long we want to old if not doing day trading. For long term investors, day trading is not suitable.

Yes, in terms of trading there are indeed two ways that can be taken, first the long term and the second short term, so in this case everyone can choose and see which coins are suitable for the long term and which coins are suitable for the short term, because not all coins are suitable for the long term and vice versa.

[Pithaxz]

i think, Definitely it will be one of the great opportunities for trading because we have lots of types in trading methods so how we can shoot for type with trading we need to go forward with our comfort zone that is the most important thing we have to find in trading.

[escalante28]

When you hold Altcoins for several months it can also be considered as short-term trading. This is an instance of the strategy of day trading. And in this strategy traders might hold their tokens in just a short period of time could be using seconds, minutes, hours, or days before taking a profit. But be cautious as most of the altcoins are creating pump and dump.

[mamesso]

Day trading in altcoins is not something for everyone and there is a lot to consider before deciding to start this job. In fact, it is estimated that as many as 95% of all day traders end up failing. Day traders already understand methods such as speculation or chart analysis, for those who already understand the method, they prefer to day trade rather than hold altcoins for a long time.

[kavabanga07]

Hello!

I'm wondering where to place tp.
Sold it just now.
I see the ltc price tested the retested the trend and now is going down.
I opened short partially and I'm going to add the rest to the short if the current 4H candle will close below 4.85 (or if it will go down hard)

dk the tp, suggestions?

[Alohadanc3]

I don't think so. At this point of time many people are holding alts for long time. Cause now in the market many projects come which are really good and worth holding for a long time. And in last few months they get their rewards who hold for long time. But that's true most of the people hold in btc ,eth or in big coins. Cause risk factors in this coins are very less. Atleast lesser than other altcoins. Cause this coin have great volume and big marketcap so volatility is very low. That's it.

[Gozie51]

Hello!

I'm wondering where to place tp.
Sold it just now.
I see the ltc price tested the retested the trend and now is going down.
I opened short partially and I'm going to add the rest to the short if the current 4H candle will close below 4.85 (or if it will go down hard)

dk the tp, suggestions?

If you sold and you want to take profit, it should be below the price that you sold. That means you want to let off at a below price, so look for a convenient point below your selling price. I don't have time now to read your analysis. I hope it helps.

[Shallow]

I believe holding or trading is a matter of perspective, to some people they might prefer trading while some people who hardly trade might prefer holding, either way the altcoin needs to prove itself worthy of either trading or holding as the case maybe; this can be seen in the type of exchange it is listed on etc. Also, owing to the level of scam projects coming up everyday, one will need to think twice before holding any coin. In the same way, some projects can start well, develop good products and services, show signs of seriousness only to end up disappointing their users.
So in my own opinion, I would say, whether holding or trading let the person carry out his research to be sure of his decision.

[gaston castano]

I believe holding or trading is a matter of perspective, to some people they might prefer trading while some people who hardly trade might prefer holding, either way the altcoin needs to prove itself worthy of either trading or holding as the case maybe; this can be seen in the type of exchange it is listed on etc. Also, owing to the level of scam projects coming up everyday, one will need to think twice before holding any coin. In the same way, some projects can start well, develop good products and services, show signs of seriousness only to end up disappointing their users.
So in my own opinion, I would say, whether holding or trading let the person carry out his research to be sure of his decision.

well I agree with you, not all altcoins experience very high fluctuations, some follow btc prices and experience slow increases.
This is the perspective of what coins people trade and in what period.
then also follow market movements if he is a day trader.

[pankowri]

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

I am not going to suggest any token or coin for trading. But I am here to say that trading is one kind of mathmatical technique which can be used to increase your current value. It can be short or long time basis. You mentioned day trading which indicates short term basis and it is profitable but risky thing. I basically support long term basis. Btw, you can follow one or both but be ensure you have enough knowledge about trading before you have done any transaction.