Topic: Altcoin is for day trading - page 18. (Read 4335 times)
Altcoins are mobile, so I consider that they are really good for trading. Unlike BTC is not so mobile, this giant will be the best for holding.
For me I am not into trading, I am into short and long term holding and trading, I am this emotional kind of person I can't withstand the emotional that involves in the every day trading
I think altcoin is perfect for the benefit of someone in the search for profit every day because enthusiasts are sometimes reduced to cause the exchange rates to decline again and cause a loss when we continue to hold assets.
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.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
According to this, if 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 the 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 for several months and years and then you sell it to get the profit you want.
Some altcoins may be good to trade on a daily basis, but that is if you do have good skills in the field. But, for now, I think the market situation is not supported for you to do day trading. Because both of altcoins and bitcoin are all declining in price. So, if you do day trading, the profits you get will be very small and the chances that you will have to be able to earn big profits is very small.
it seems that not all altcoin for daily trading, it depends on how those altcoins are bought, if they look altcoin has a very good potential then altcoin can provide a lot of benefits for those that hold altcoin.
If people who have been talented in trading days, it will be their best source of currency, because daily trading has a much greater risk. However, for those who are not talented, I think that is an improper decision and is a difficult program to implement.
I think altcoin is perfect for the benefit of someone in the search for profit every day because enthusiasts are sometimes reduced to cause the exchange rates to decline again and cause a loss when we continue to hold assets.
Some of altcoins very volatile, it's good for daily trading. Also movement of altcoins prices is easier to predict. I don't do that, but you can try it if you want, don't forget about fundamental and technical analyses.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Not really. Many altcoins used for investing on many ICO projects. In facts, many ICO using erc20 ethereum token to operates.
For me, altcoins trading is good, but i dont want to trading because it is cost time too much. Better investing and forget my altcoins for 1 year.
Bitcoin and Ethereum is the highest volume coin on many exchanges all around the world. The two most biggest capitalized coin is also happens to be bitcoin and ethereum. Base on these fact I think it is safe and reasonable to trade bitcoin and ethereum.
Altcoin is good for day trading when there is volume to do it, you will find that in due course, your profits will be higher if you choose the right to go long and come back some time later.
This is not true. Alts gave a lot of returns in july last year when the market turned bullish, however they are not a good investment to hold during bearish season because the value of your btc and fiat will decrease with decreasing prices of alts, as most of them are in btc pairs.
I think altcoins are also worth holding for. Because I believe that altcoins can increase in the future. But altcoins are also worth trading. It depends on you, want to choose which one. Choose what you think is good.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
That is not the truth. I don't daytrade, I hold my altcoins long term. I'm sure there are day traders of altcoins, but definitely not all of them and I wouldn't even say it's the majority of people
Altcoins can be good for day trading as they tend to be smaller in price individually so you can move decent amounts without causing major ripples in the overall price. Any coin can be good for day trading however as long as it has good liquidity.
because for us by trading in the market we think it's easier to earn our daily profit, because with us very easily in a short time, and also very good we hold in the long term, because we will more and more that we get.
If you have enough time (maybe 15 hours in a day), you may trade daily and increase your money gradually.
But if you have a proper job or sth else to do, daily trade is not so logical.
But if you have a proper job or sth else to do, daily trade is not so logical.
I'm trying to trade now. I do not leave the coin completely. for example, I plan to keep the coin for 5 years, but during this year the coin has a good shaft, and with the help of trading I can significantly increase the coininess of this coin in 5 years =)
WE may have different strategy on the market, yes, it is more profitable in trading compared to the long term investment, If our goal is to make a money in short period of time, maybe trading on daily basis is a good idea but the risk is very high. It also need a lot of your time to monitor the trading market every days, which may take tool on your time. I still believe that it is always dependent on the amount we put in for investment which count whether it day trading for ALT coins or long term investment.
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