Post
Topic
Board Altcoin Discussion
Re: Altcoin is for day trading
by
Kotone
on 25/09/2020, 04:48:54 UTC
Altcoins are too volatile. It changes almost immediately in price, making it easier to cash money out everyday or lose money everyday depending on the movements of the coin. Considering bots to trade for you in altcoins if you would aim the daily grind would be helpful.
Altcoins are also not just volatile but bit risky. I know the topic denotes a close sensitve case about trading cause a lot of investors already suffered from volatility. I think if ever someone invest on altcoins they must choose a major crypto that can be trusted or csn be called top projects if they want to be safe with it.

Im only playing with the big boys of marketcap cause I know these projects will stay until the end.