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Topic: Altcoin is for day trading - page 22. (Read 4327 times)

member
Activity: 154
Merit: 10
June 17, 2018, 03:38:04 AM
Hodling is the safest way indeed, but can net in some low profit if the coin loses its position or fame. Day trading can bring in some serious profits but you have to know what are you doing.
newbie
Activity: 41
Merit: 0
June 17, 2018, 03:33:28 AM
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.
newbie
Activity: 84
Merit: 0
June 15, 2018, 10:12:27 AM
Altcoin is good for trading because Altcoin price price has the potential to go up faster than Bitcoin. especially if we can choose a good Altcoin, we will get a big profit. so if we want to trade altcoin we see first the market condition altcoin it.  Smiley Smiley
newbie
Activity: 98
Merit: 0
June 14, 2018, 08:06:17 PM
i want to say, 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 by the day method and you can buy some good coins and hold for a few months and sell them for profit.
newbie
Activity: 98
Merit: 0
June 14, 2018, 08:03:33 PM
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.
newbie
Activity: 81
Merit: 0
June 14, 2018, 07:16:34 AM
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.
newbie
Activity: 196
Merit: 0
June 13, 2018, 10:04:56 PM
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.

if altcoin for trading today it is not possible because as I know at this time altcoin price decreases along with Bitcoin and if you do day trading, for now, you will not get profit and will get loss then of that you should hold your altcoin with long-term

newbie
Activity: 125
Merit: 0
June 13, 2018, 09:28:03 PM
I do not understand too much money I think they are missing.i personally find it very difficult to cash out my investments because there can be an explosion in the market at any moment
newbie
Activity: 154
Merit: 0
June 13, 2018, 05:39:40 AM
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.
newbie
Activity: 98
Merit: 0
June 08, 2018, 09:27:33 AM
Maybe this time is right for trading today because this time many people who sell their altcoin because it has been waiting for a very long time because now altcoin prices go up and I think you are quick to sell altcoin that you have held for a long time
newbie
Activity: 266
Merit: 0
June 07, 2018, 01:14:51 PM
Actually it depends from the coin but i prefer to invest for a long term as it will bring more money than day training as fro me
full member
Activity: 476
Merit: 105
June 07, 2018, 01:08:39 PM
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 interested in trading and therefore I am not practicing trading. But if you want to get money during short-term period through buy-sell operation then use for that purpose any new fresh coin.
jr. member
Activity: 128
Merit: 1
June 07, 2018, 06:13:47 AM
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
newbie
Activity: 378
Merit: 0
June 06, 2018, 01:02:40 PM
Trading will bring you immediate profits and hold, you may be subject to reduced property at some time. But trading requires you to have good technical knowledge, capture sensitive information to bring profits. Trading is also very easy to lose, if you are not careful you will become a holder.
legendary
Activity: 1106
Merit: 1005
June 06, 2018, 05:55:03 AM
I rarely meet people who just take day trading. Typically, a professional trader uses a few strategies for minimizing the risks. Day trading has its advantages: the trader receives a stable and steady income. HODL-strategy is less predictable.
legendary
Activity: 1316
Merit: 1011
June 03, 2018, 09:08:27 AM
I think now a lots of people afraid to lose their money, that's why thay just do day trading because situation in crypto market now isn't stable. I was holding for two last years and now I decided time to trade. I'ts up to you totally hold or trade.
day trading is not for everyone and don't think holding coins for a long term is not profitable. it actually depends on what coins you are holding. you said you are holding for last 2 years but which coins you are holding can you share with us because last year almost all coins went ATH if you missed selling your coins then it's your fault. But your present decision is right in trading we can make more profit if you compared with long term holding.
newbie
Activity: 147
Merit: 0
June 03, 2018, 09:03:29 AM
I think now a lots of people afraid to lose their money, that's why thay just do day trading because situation in crypto market now isn't stable. I was holding for two last years and now I decided time to trade. I'ts up to you totally hold or trade.


I think it will depend on your capability to do trading. When you want an easy and fast money then you can check on the market and price updates every now and then and focus on day trading. But if you want easy yet big profit then you will hold your coin til the price goes up
sr. member
Activity: 796
Merit: 251
June 03, 2018, 08:55:33 AM
I think now a lots of people afraid to lose their money, that's why thay just do day trading because situation in crypto market now isn't stable. I was holding for two last years and now I decided time to trade. I'ts up to you totally hold or trade.
member
Activity: 294
Merit: 10
June 03, 2018, 08:51:12 AM
Many are getting interested in day trading because of the lucrative profits. But day trading itself has a very risky that is wrong the estimated price, especially now the market conditions are very volatile.
Fluctuations in the market make day trading players choose altcoin as the material because the price is relatively cheap so the lose is not too much and the profit is also not too small.

And i using Eth for day trading.
member
Activity: 420
Merit: 50
June 03, 2018, 08:47:49 AM
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.

Some peoples with good trading skill will trading altcoin right now because more volatile than bitcoin or top 10 market cap. They can make profits from high fluctuation because they can read market movement. Right now, bitcoin movement is more stable and not give much fluctuation and altcoin is their choice
When i am read on top gainer, mostly big gainer is altcoin and sometimes altcoin gain more than 100% in one day
They like to trade daily to gain small profit but I don't think it's all for that because in my analysis of the coin it has a potential to regulates higher price. It is good to take long term investment also for the security .
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