If you have intuition and nose for it, go for daily term.
The whole market is declining, and today I hear that somebody just made 60% off some new KIN coin/token.
Such news makes me wanna go trading daily
Topic: Altcoin is for day trading - page 21. (Read 4327 times)
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
I want to say, 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 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 it for several months and sell it for profit.
yes I agree that altcoin is more suitable for day tading not for holding, because the movement or price changes in altcoin are very volatile and the future is difficult to predict, very risky if we hold altcoin in the long run.
It always depends on the altcoin. If we speak about Ethereum, DASH, Monero, and NEO, it will be much better to hold them for a very long time. You can trade daily with the altcoins that are not from top-20.
Me too 
I dont understand why people have such opinion. I see prospective in some altcoins, but it takes time for their team to release some updates according to their roadmap. And I prefer to buy and hold altcoins. When Bitcoin is thing that can be traded daily with TA(when TA with alt is useless)
I dont understand why people have such opinion. I see prospective in some altcoins, but it takes time for their team to release some updates according to their roadmap. And I prefer to buy and hold altcoins. When Bitcoin is thing that can be traded daily with TA(when TA with alt is useless)
I think this is all because they know this trade will generate a quick profit for those who are already good at trading. Compared to us holding altcoin for investment, it may take a long time and patience. Sometimes after a long duration and expect the price will rise but the price even goes down, our patience will be tested.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Day trading certainly not an easy task, not advisable for the emotional traders and beginners.
One has to avoid greed from day trading not all alts are sweet for day trading some just perhaps good for mid-term.
When there is a high volatility I will just day trade and take profit as often as I can.
Topics like these are mostly based on individual mental model. To the trading experts, they would probably go for day trading where asit would be best for begging to hold altcoins for long term.
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.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
I don’t mind what whose guys are talking about when say that altcoins ostensibly more suitable for day trading. We can not predict what will be with the price next week and we of course can be responsible of any prediction about price fluctuations during a day.
I think that day trading is too risky, because you can not analyze the situation on a daily chart. In any case, it is better not to engage in trade if you do not know how, because you are more likely to lose everything!
Because the price fluctuation can bring very high profit. If you are suitable for daily trading you can choose. But if you don't have trading experience I wouldn't recommend that.
and with the fluctuations, we can use it to make a profit. although we cannot trade in every day, I think we can use it for a week or in once for a few days so we could still make money from trading. I am sure that we are able to search from the fluctuation so we can determine a good price to buy and sell and finally, we can make a profit. and for people which don't have trading experience, maybe they can hold it for a while until the price really increases higher so they can get the profit.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Because most of those people would most likely be risk-averse. Meaning that they do not have the stomach to take the risk on an altcoin going down on prices. Because as you well know, altcoins are relatively cheaper in price. If you do day trading, you get profit and you don't have to take the risk of the market price of the altcoin going down.
Its not like that every coin can be for long term but u need to decide which one is worth for long term, of course if u keep long term any shitcoin u ll be sad at the end but if u check price of altcoins in 2013 and now u can understand if its worth to hold altcoin or not.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Just because it will bring you much more profit than just holding.But the risk is also high.Prices goes up and down everyday and you need some skills of trading to make decisions what coin you want to trade.
If you want to try it,better study some of the tips first.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Actualy you have a big point about this yout statement bro that altcoins is suits for day trading,especially if you are very enthusiastic in cryptocurrency investment,otherwise its also usable in holding in a long term investment,because mostly new altcoin now become matured when its takes mostly into one or two years before the price value would grow high in the coin market caps.
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.
Actualy you have a big point about this yout statement bro that altcoins is suits for day trading,especially if you are very enthusiastic in cryptocurrency investment,otherwise its also usable in holding in a long term investment,because mostly new altcoin now become matured when its takes mostly into one or two years before the price value would grow high in the coin market caps.
i dont think so, maybe they were doing day trading was only for gain short therm invest or take real cash profit even if it only profit around 10-50$ but daily profit.
Just due to more volatility I think.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
I want to say, 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 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 it for several months and sell it for profit.
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