There is more profit to be made by day trading, BUT it comes with more risk.

I think you should only day trade if you have enough time on your hands.

If you want to be a successfull day trader you will need to do constant research about the coins you trade.

Personally I do both, I do some day trading and I occasionaly buy some coins to hold.

To stay well informed I try to read as many articles as I can + I like attending to crypto meetups.

When day trading I use some free software that predicts the future market movement of several coins. www.cryptoforesight.org

The price is affected by so many factors, trading will always be risky even when holding.