cprovpoDec 17, 2021 · 3 years ago5 answers Is day trading altcoins more lucrative than day trading the S&P 500?
When it comes to day trading, many investors wonder if they can make more money by trading altcoins (alternative cryptocurrencies) compared to trading the S&P 500. Is day trading altcoins really more profitable than day trading the S&P 500? What are the factors that contribute to the potential profitability of day trading altcoins? Are there any risks involved in day trading altcoins that may affect its profitability? How does the volatility of altcoins compare to the volatility of the S&P 500? Is it easier to predict price movements in altcoins or in the S&P 500? How does the liquidity of altcoins and the S&P 500 impact day trading profitability? What are the advantages and disadvantages of day trading altcoins versus day trading the S&P 500?