The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin, such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.
This situation pushed me to ask this simple question.
What altcoin is the best for short-term speculation, some of my friends offline have speculated people but then I don't have much faith in meme coins.
BNB would be a better choice for short-term trading as its price nowadays is not too high. I'm also doing trading in BNB as day trading because holding it is also better, you can hold it for a long term. I think it is the coin that is better for day trade and also if someone wants a big profit he can hold it for the long term.
As we know its price is swinging very quickly as we have seen too many times, the only quick I have seen so far is that we have seen its price daily change very quickly. Similarly, there is another option for you is Ethereum, should also invest in it for day trade and quick trade which will be also profitable. As the market is quite good now, I think both of these coins would be better to invest unless it is too late. Now is a chance for a better investment plan regarding these coins.