Day Trading Pros and Cons

[Partizanai]

Day trading is viable way of increasing your funds.
you can start with low amount and gain a substantial sum  overtime.
also markets are very unpredictable and instead of gaining funds you may lose them if you are panic selling

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[SixOfFive]

Pros of Day trading above traditional long term trade is that it can create huge profits in short term with small capital. If you are smart enough to do a technical analysis and have free time for trading then there nothing good than trading.
Con is It is never a win situation, Technical Analysis just helps you to predict the price movement, but in last your fate is the one that earns. Crypto trading is 24*7 so you don't have any specific working hours which can affect your personal life alot.

[Indrawan77]

For sure daytrading could offer tou more profit, if you got a fantastic skill, but it's too stressful to become a day trader because there are tons of work to become day trader, you must focus and search for a lot information to trade the coin and you will spend more time to keep on watching the screen to see the chart, long term investment is more enjoyable situation for me

[burner2014]

For sure daytrading could offer tou more profit, if you got a fantastic skill, but it's too stressful to become a day trader because there are tons of work to become day trader, you must focus and search for a lot information to trade the coin and you will spend more time to keep on watching the screen to see the chart, long term investment is more enjoyable situation for me

I am not recommending it especially when you are working since you cannot watch the trend of the coins you are investing at from time to time, so make trading at least short trading just like weekly or monthly buy not daily, the transaction cost and the time that yo'll wait will cause you a trouble.

[criz2fer]

For sure daytrading could offer tou more profit, if you got a fantastic skill, but it's too stressful to become a day trader because there are tons of work to become day trader, you must focus and search for a lot information to trade the coin and you will spend more time to keep on watching the screen to see the chart, long term investment is more enjoyable situation for me

I am not recommending it especially when you are working since you cannot watch the trend of the coins you are investing at from time to time, so make trading at least short trading just like weekly or monthly buy not daily, the transaction cost and the time that yo'll wait will cause you a trouble.

Day Trading with a regular is a very risky move which may have you realize that after a long day, you have already lost a lot of money. That's way its still better to trade for a long term specially if you are targeting great ICO with such good reviews rather that spending entire time with in a day specially when u are working.

[Borisb52]

I consider daytime tougrow to be more profitable than investment for a long time. If you have not guessed with the investment and the coin has collapsed, you can wait until the price rises very long (several months on personal experience). In day trading, if even something went net, then you can sell the coin in the micromine and take it off on another coin and earn further. At the bottom

[bitcoinVPSD]

Is day trading more beneficial compared to long term investments in alts?
What are the pros and cons of day trading?

If a trader would like to answer, it would really be grate.

If you have good investment skills, investing in your day will be a good option for you to make a bigger profit. However, this also increases the risk of investment. Sometimes the money you earn in 3  or 4 investment  easily disappears after a false investment. So you have to think carefully before doing it.

[Theb]

I can say that it is more beneficial compared to holding a cryptocurrency in the long term because of one reason and it is volatility. Cryptocurrency is really mean to be traded and not to be imvested not unless you have bought it in a really cheap price or you have built a base around it. The best thing you can do is to day trade as you can accumulate more coins during its volatility.