Good day everyone.I sold all my altcoins and btc for fiat and i have 2800$ at the moment.
My question is : Is it worth investing for 2-3 months in 2-3 altcoins or i better split my money and use like 1400$ for intraday trading top volume coins for small profits?
If investing i am thinking:Neo,OMG,Lisk but no idea what will happen right now to the price due to bitcoins rise.In case BTC crashes it will grab the alts down with it as it happened from 5k to 3k.
Would be glad to hear opinions.
It seems clear to me that you are new to the crypto world. It all depends on what you want. Do you want to day trade cryptocurrencies or do you want Invest? If you want to trade crypto daily, that will need you to fair knowledge on trading, If not you may really loss all your money. If you want to invest for 2-3 months, do a self research, find coins with technologies you understand and believe in. Follow the coins community, look at their road maps, etc before you invest in. There is no need to invest in a lot of coins because that's similar to gambling. Only invest in coins you have done a good research on. Because there are a lot of pump and damp in the altcoin market.
Patience is also Key, don't invest today and be checking the price of the coins you have invested in every hour.
Do your own due diligence because some people in this forum will name a lot of coins as good investment for you in invest in just because they hold those coins themselves.