I think altcoin is perfect that can benifit everyone in the terms for profit , because enthusiasts are sometimes reduced to cause the exchange rates to decline again and cause a loss when we continue to hold altcoins.
Topic: Altcoin is for day trading - page 9. (Read 4335 times)
Actually it all depends on the altcoins involved....there some very good altcoins that are good for long term holding.
But it's good to also do some swing trading while holding such coins , as one stands to gain much more than just holding .
But it's good to also do some swing trading while holding such coins , as one stands to gain much more than just holding .
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
the profit percentage are very low in altcoins daily trading because if you put a lots of investment only can trade and get better profit in this case what are the ways it will be also one of the good ways to make money for your investment. 
Most people holds at the same time most trade, it all depends on what we want. If you are a good trader, then trading altcoins will be better on the other hand if someone lacks the neccessry knowledge of day trading then holding might be his own way of doing things.
I have never tried to do this, because it is a very large volatility that today prevails in most altcoins, it simply will not allow working normally with technical analysis. And the risks are correspondingly much higher than anywhere else.
Trading give you faster money and more quantity of your coins you trade but at the same time you might end up losing your coin if you trade at a very bad time and holding is a long-term profit investment but I can guarantee you that the gaining from holding is marginal than the one you will make from trading
Because you can make more profits with daily trading. In addition, when the market starting the fall then you can ensure that your portfolio is not affected this fall by the doing daily trading.
You will never understand them till you experience it. The issue is most of the Alt coins is for day trading due to the pump and dump system that normally happens to them. Very few coins could be invested for long term but for the rest you go in when its dump and pray for the pump period a day or two.
Because even BTC does not look stable now for accumulation, and the volatility of the Altcoins will allow them to earn a little during day trading.
Altcoin volatility now allows you to lose all your money and nothing else. better just buy bitcoin. well, or if you are a very experienced trader, you can take a little risk with the top altcoins 
Because even BTC does not look stable now for accumulation, and the volatility of the Altcoins will allow them to earn a little during day trading.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
I got a lot of profit from especially from BNB (binance coin) because since the loss I got in 2018 I wasn't interested in being a holder.get profit from altcoin is easier than bitcoin because of that I prefer trading usdt / alt.
Guess the traders are those who think most/all altcoins are sh*tcon or not worth holding long-term.
There are good altcoins worth holding long-term though. If you can research & identify the good altcoins, you sure can hold them longterm.
Top-altcoins with the biggest market cap are good for a long-term holding. However, less reliable altcoins are better for a faster and bigger profit even though it's way more risky to hold them. There are good altcoins worth holding long-term though. If you can research & identify the good altcoins, you sure can hold them longterm.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
I use to be a strick holder but I learnt the hard way so for now I do day trading for altcoins , i can buy a particular coin and trade and then flip and trade and so far I have actually made amazing profit
Guess the traders are those who think most/all altcoins are sh*tcon or not worth holding long-term.
There are good altcoins worth holding long-term though. If you can research & identify the good altcoins, you sure can hold them longterm.
There are good altcoins worth holding long-term though. If you can research & identify the good altcoins, you sure can hold them longterm.
It's profitable. I can even earn 0.1 BTC just in a day. that depends on how much your capital to do a trade. the more capital and the more profit when you can do your trade perfectly. But remember the fact that it will have involved a high risk.
trade is different from ordinary investment, trade requires more skills, if you are not equipped with skills, it is better to invest in long-term assets only, and try to study daily trading. about the amount of capital, it's up to you. 
I buy different coins for daily trading. My choice depends on various reasons. Basically, I buy coins before important events in the life of a project. This allows me to get a quick profit in a short time.
Day trading is boring and the rewards are not higher than swing trading. Day traders buy sell the useless altcoins and make fake volumes on the small exchanges from my experience. An altcoin is a good choice for day trading.
Boring because it is not profitable, for those who can profit daily of course this is an opportunity and a good job, I continue to learn to become an advanced trader so that I always follow the latest tips from the master.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
altcoins are like we cannot easily predict what can going to happen in the next but if it was boob it will create a changes and magical it will change the life of a person so it will not been very useful in daily trading but it can happen if you put the investment to be hold. Day trading is boring and the rewards are not higher than swing trading. Day traders buy sell the useless altcoins and make fake volumes on the small exchanges from my experience. An altcoin is a good choice for day trading.
Boring because it is not profitable, for those who can profit daily of course this is an opportunity and a good job, I continue to learn to become an advanced trader so that I always follow the latest tips from the master.
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Normally altcoins nit survive for too long so they were using it to make profits as early as possible.Jump to: