Day trading has a little bit similar into scalping way in doing trade via exchange, only their difference was the risk in scalping is too high rather than day trading. While long term is good only if the coins hold is really right and has a potentials to give profit in the future but if it is wrong choice of coin, that is the disadvantage of it.
This is an adequate comparison. Day trading also comes with its own risks and it can be more taxing mentally since you need to spend more time on it. However, short timeframes are more suitable for making bigger profits on the long run, especially if you are starting out with a small amount of capital.
Yeah, If we just have small amount of capital, I think better to do day trading to gain day profit .
Hold needs free money to do.
Talking about risk, I think both have the same risk, different in time.