I think trading altcoins will bring in more profit, if you glue your eyes to the charts to know when to make your move. You can store your profits as monero or any other long term altcoin that will appreciate in price with time.
Yes, if you have focus and knowledge it is possible. You must be aware of every move in the market.
Won't workout in a situation where the coin is practically being pumped and dumped.Those charts lie,they're a made up shit.Don't believe in everything you see on the charts,the coins history,foundation,exposure matters more than their current stand in an exchange.