Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly
If you have the big capital to trade, scalping is the easiest and faster way to generate profits in trading as most cryptocurrencies fluctuate in minutes. But, if you don't, just waiting for long-term like weeks or months for the coins to gain more value and then sell it, in most case; people waiting for months for new coins to reach a higher price. But in general, if you can't wait for months, some coins prices such as eth, ltc, dash, xmr, xrp can increases within days or weeks which make you can extract the profits.
That's right, but for short-term trading, I think it's very difficult and too risky. Better do long-term trading as you have to say above. Better we wait until a few months and even a few years to bring a definite profit. For long-term investments, I think Bitcoin and Ethereum are pretty good. But do not invest for a few months, I prefer to invest for a year and sell at the right time. Because usually at that time their prices have increased dramatically. I do not like to sell cryptocurrency indiscriminately and better get more profit by waiting longer. For the short-term, just use the new Altcoins from market.