Post
Topic
Board Altcoin Discussion
Re: Altcoin is for day trading
by
TRONTON
on 09/08/2018, 19:03:31 UTC
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.

in my opinion, trading as well as holding altcoins, it does not matter, since altcoins price will change every day, I think holding altcoins for long periods will be better

Trading with alts can make you bigger profits than trading with BTC because the price range of ups and downs on alts is much bigger. Some alts could go several times up or down but BTC needs much more time to do it. So BTC is best for holding and alts are best for trading. But you can also make money off trading BTC if you do it at a right time.
it seems that alts are better for daily trading, because the number of alts is very large, we can freely choose which alts we will trade, my advice should be to change from alts one to the other every day, because usually if the alts today go up, the next day then it will go down, so be smart to read the situation.