Good thing is of course profit, if you are good at looking around and understanding to recognize pumps you could generate nice income from only doing this, however this is not an easy task to do. Many traders use bots and apply various strategies there, so if you are looking to be day trader you might want to check out bots as they are faster than human and of course they can't get tierd, but with them you can lose your money as well as when trading solo.

Bad aspect of it is that you can lose money and potentially if you are unable to control your emotions well enough you could be stressed most of the time. Maye even be obsessed with looking constantly at coin prices and second questioning yourself and thus don't create time for anything else except trading.

Holding is much easier than trading and I see many people see this as an better alternative for the piece of mind. For instance if you bought NEO like 1 year ago and bought it like 1k of it - today you would have earned more than a million dollars. This is why many people are now throwing money at alts and holding in hope for this extraordinary returns which can happen. But finding that diamond opportunity is a tough quest on it's own.

Short - term trading can bring you more profit, but it also carries a greater risk. Short-term trading requires a lot of trading experience. Because the price of bitcoin is not stable, if you don't have enough power, you will lose a lot of money.

Short term trade for me is more profiting in the sense that it gives you the opportunity to be in and out making profit especially when trading bitcoin that has high possibility of going bull. For comments on the harm on short term, since is trading, both short and long involves risk. Understanding the potential of coin being traded is just the point.

The benefits of short term crypto trading comes from the volatility. It's not like stocks where sometimes they just move by a few cents. When cryptocurrencies move, they move by a good amount of money. That's the nature of the currency, and if you're a short-term trader, you should be taking advantage of the volatility. The cons are that this will take a lot of your time because you need to watch a lot of the movements of multiple coins and be ready to invest when you need to.

As you said, I think the overarching problem about this is "What if I lose all my money???" And that's a problem that every trader has to deal with themselves.

All,

Thank you for your comprehensive answers. Based on them, I see the high risk of short-term game, rather than long-term investment as high volatility could be both your friend and/or enemy when it comes to making profits.

The downside of short-term investment is that you will spend more time and stress than long-term investors. Long-term investors are more experienced and calm. Therefore, they can choose long-term investments. Short-term investors are often fearless and do not really trust the altcoin they invest. That led them to spend a lot of time checking the cost of altcoin.

I am not a pro but what I understand in your question is that what you mean in short-term trading is shorting? It is more risky than the traditional buy low and sell high wherein you can wait for as long as you can. In shorting, you borrow some funds to sell it and wait for the coin to go down in value to buy lower which is risky because if you leverage it by 10x then there is a risk you might get rekt if the coin go higher. You need to understand the concept of trading and understand the movements of the candle and you should always have a trading plan so that you can put stop loss to minimize the risk. It is profitable if you understand what you are doing but there is a risk to lose your capital if you are not careful. It is not advisable for newbies in trading.

Short term trading? I always knew it as day trading. It greatly depends on the exchange fees, so you need to find an exchange that is cheap to trade and at the same time has a decent volume, so that you don't have to wait for your order to fill. I've seen people do all three things at the same time, meaning long investments in new altcoins + day trading the most popular coins like BTC and ETH, and arbitrage. If you add to it the profit from airdrops and forks, like the recent ltc fork that you were able to trade before it even happened, you can make a lot of money. I'm talking thousands of USD a day if you know what you're doing.

Short-term trading gives you great benefits, and requires only a small amount of capital.
but the risk that you will be received is also big, but I think it is comparable to what we will get.