newbie question whats more profitable for you trading daily(5% gains) or trade for a weeks like you hold the coin for days or weeks until it price goes up 100%-800%?
That really depends on the coin which I am trading. If I am using ETH or BTC then I will most probably be happy doing day trades and gain those 5% plus profits because these coins actually have ability to move that much in single day. If you consider coins like XRP, IOTA etc which are at the top for todays timestamp, then you can't rely on them to get gain as much as 5% or more in a day. They don't just move like that and hence we should not choose them for the daily trades. Instead of that such coins are always suitable for the long term. Where you can get the boost of 100X or so slowly but steadily. :-)