I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Day traders are indeed those who are to be into altcoins because of their behaviors, remember that, altcoins are different from the Bitcoin itself. Many of these day traders I know are deep into the altcoins because of their potentials in everyday trade. Sometimes I do trade altcoins too and what I discovered was that, those altcoins aren't good for long-term.