Post
Topic
Board Altcoin Discussion
Re: Altcoin is for day trading
by
Bitcoinislife09
on 28/09/2020, 20:03:02 UTC
I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.

Personally, I agree because when it comes to trading altcoins the buying and selling could profit daily as you need to monitor the movements of the graph and then wait for the right timing to sell your altcoins in the market where you could make the profit. Buying in a high volume of altcoins could easily make a profit in just a small amount of time if you monitor the graph of the altcoin you invested or buy in the exchange. Bitcoin was also a good investment but the movement most of the time takes weeks but also its either a big dump or pump.