Topic: Altcoin is for day trading - page 19. (Read 4327 times)
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.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Because of its high volatility people used to trade through altcoins than long time investment but if you are new in trading the risk is high that it can turned you having a big lose.
If you have trading experience, you can trade during the day.Because price fluctuations can bring very high profits.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
Right now, trading altcoins is the best way to get quick profit, but it really unsafe to trade without learning. The market price may crash really quickly and if you don't know the points to cashout then you might lose all yours profit.
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 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.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
it's up to each, if you can trade please trading, if you hold is also not a problem, the most important we can profit
Altcoins trades well, throughout the day. They can change their value in the range from 5-20%. These are very good figures for speculators, who are interested in trading and not in HOLD.
You need to be a very skilled and experienced person to deal with day trading. I tried it once but as soon as this activity needs really much time, I have to quit it. Therefore, I am mostly holding the cryptocurrency.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
To make money using crypto currency, you need certain skills, knowledge and experience. Trade in altcoins every day, with such an unstable market - is very difficult. On this I admire such traders who earn money on the daytime trading of the altcoins.
This is just your experience. As for me, I see that big and professional traders prefer Bitcoin and top altcoins to day-trade, and other alts just to flip or enter the market..
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.
The answer is pretty obvious when you think about it for some time. My opinion is that there are many speculations around altcoins and it is much more effective in day trading rather than holding them for some time. That is not the case for every altcoin but still.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
daily trading is not as easy as you imagine, there are many considerations and analyzes that you should do. in the current market conditions it is very difficult to do it, without it all I am sure you will be stuck.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
only a few altcoins are good for future investments. and hold the long term. I think it is ethereum, Waves, LTC, NEO. as they move steadily but keep up. besides that I also see altcoin is very good for daily trading. due to very rapid price fluctuations.
because alcoin volatility and small market capitalization
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.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Because they have a very high volatility and if you have enough capital and the skills you need to trade on the markets. You can make a lot of money every day.
90% of altcoins are scam thats why its not very healthy to keep every altcoin for long term but if u find any promising altcoin for long term that is going to be very usefull in future. U can invest there for long term.
Some higher cap altcoins like ETH, BCH or LTC that can be traded with leverage are good for daytrading I suppose. But most of them are not because fees are too high.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
I disagree. If you consider that most simply do not know how to trade, it's best to just hold. Wait until your coins grow up and you will be happy 
Jump to: