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.
the progress of the Altcoin is capable of bringing about change on the development of Altcoin in the future.
It is also able to affect the price of Altcoin to be able to continue to increase.
This is demonstrated by the current Altcoin price is so high. This opens the opportunity for profit by using trading profits as material in the future.