Are quick trades risky? I haven't tried doing this before. Or long-term trading is still the better option when it comes to having a huge profit?
Quick trades with small cap coins are very risky. Obviously there is potential for high reward, but really given how prone these low cap coins can be to price manipulation, it is probably best to stay away.
The investment return is definitely higher than average but the risks are double of the other top coins. It is really risky to invest in the small marketcap coin if there is no proper research behind this decision. The trading pump-dump coin also have the same logic, it can go to x5 easily but the profit faucet drains faster than any flash crash on the market.