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Topic: Best altcoin for daily trading? (Read 1705 times)

newbie
Activity: 168
Merit: 0
January 31, 2018, 07:16:02 AM
#44
You can make money on plenty, from personal observation I can only suggest to you what characteristics to look out for when choosing one:
Exchange you use to daily trade: this is a double edged sword but I personally find it better to trade on exchanges where the specific pair has low volume (yet not negligible) so
bots can manipulate the volume with buy/sell walls occasionally. Just try to not be caught in the wrong side.

Which brings me to the next 2 characteristics to look out for:
The coin to be one in the top 50 if possible so to avoid being left with a big bag you cant unload any time soon incase you dont swing right and you at least have either more coins/BTC  than you started with in any case
and
Have available either on exchange or tradingview the pair you trade so you can use technical analysis(BB,RSI etc) and depth of buy/sell orders to make educated calls on your swing trading.

Also take note that day trading doesnt necessarily give more than a simple hold strategy in the long term especially if you re not familiar enough with TA and/or swing/trend day trading.
newbie
Activity: 4
Merit: 0
January 31, 2018, 07:07:22 AM
#43
buy siacoin and make some good profit in your daily tradings.
sr. member
Activity: 686
Merit: 250
October 30, 2017, 04:08:37 PM
#42
Witch one could be the best altoin for speculation based on daily trading?
Th coins for day trade vary....each day:) it would depend on what indicators you use to trade. I like Bolinger bands and a 50 day SMA. As i usually go on polo i use their default BB. I put the fibonacci levels there as well . Fo rthe coin i try choose a coin that as been in a wave pattern with support and resistance in the bolinger bands. usually can take some profits, but for day trade i go for 1-2% max 5% per trade.
sr. member
Activity: 672
Merit: 250
October 30, 2017, 03:39:09 PM
#41
Witch one could be the best altoin for speculation based on daily trading?
i never choice focus coins but ussually i seen the home of bittrex, if the coins down under 20-25% then i buying it and sell to tak 5-10%

i think choice in focus coins not profitable because stagnan price
member
Activity: 279
Merit: 16
October 30, 2017, 03:29:21 PM
#40
It is impossible to select just one coin that is good, because it changes all the time, look for coins that are bottoming out and buy those ones, personally I prefer high volume coins over low volume coins.
full member
Activity: 980
Merit: 114
October 30, 2017, 03:22:19 PM
#39
Witch one could be the best altoin for speculation based on daily trading?
The best altcoin for daily trading should be those with higher market capitalization! You should focus on some of the assets that fluctuations the most often. Most of the new coins or low market capitalization coins are just there for pump and dump group but coins like etherum, Bitcoin Cash, litecoin and ripple has developed a very strong resistance and support level that you can day trade along and make money.
sr. member
Activity: 252
Merit: 250
Live Stars - Adult Streaming Platform
October 30, 2017, 02:41:43 PM
#38
I think you should choose coins which have big volume. It is easy to sell and buy. My suggestion is Zec, Ripple, Dash, Neo,...
full member
Activity: 259
Merit: 100
October 30, 2017, 09:54:06 AM
#37
Witch one could be the best altoin for speculation based on daily trading?
Check Rise coin.. Really like the look of $Rise at the current price for a longer term hold. Small market cap, large upside and reasonable supply.
full member
Activity: 308
Merit: 101
FXPay.io
October 30, 2017, 09:51:55 AM
#36
You may try wave coins this is one of the altcoins that expected to increase beforw December.

WAVES is a very interesting coin with some advantages that can not be found in Bitcoin
Many sources predict having it is an investment but it all depends on the market
hero member
Activity: 1568
Merit: 511
October 30, 2017, 09:32:13 AM
#35
I would say coins within top 100 would have more chance for daily trading

For example: ETH/BTC/Dash/BCH and so, these coins have very huge trading volume so you don't stuck when people don't trade
hero member
Activity: 924
Merit: 512
October 30, 2017, 09:30:40 AM
#34
Witch one could be the best altoin for speculation based on daily trading?

for my major crypto ill go for NEO, ETH, XMR, OMG, ETC, ZEC, BCH, XRP

You are on right point dude. You please use the bitrex or polenix to do the trading because these sites will be support the all the altcoins you mentioned for trading.
You do any coin trading but you have to roll on the altcoins trading whenever the value fluctuates in the chart.
When the coins dumps you please exchange the coins hyped so you will be able to make more money.
full member
Activity: 294
Merit: 125
October 30, 2017, 09:05:47 AM
#33
Witch one could be the best altoin for speculation based on daily trading?

for my major crypto ill go for NEO, ETH, XMR, OMG, ETC, ZEC, BCH, XRP
full member
Activity: 294
Merit: 101
October 30, 2017, 06:37:10 AM
#32
Very interesting....
seen most of the people go for ETH
will have look at that Wink

Hey,

One month later, how is your daily trading experience going? Smiley
Any results?
newbie
Activity: 36
Merit: 0
September 18, 2017, 01:46:43 PM
#31
Very interesting....
seen most of the people go for ETH
will have look at that Wink
newbie
Activity: 5
Merit: 0
September 15, 2017, 01:40:38 AM
#30
Altcoin is best for daily deals is bitcoin because It is a good penny although the current is falling but I believe in the coming time it will increase
newbie
Activity: 5
Merit: 0
September 15, 2017, 01:35:43 AM
#29
This is a good time to buy bitcoin and wait for it to rise
hero member
Activity: 1428
Merit: 506
September 14, 2017, 02:02:21 PM
#28
Maybe BTC,BCH,Eth for me daily transaction to trading, for me BTC is the best altcoin for daily trading.
Btc,eth, waves are the best for daily trading. But you know there are a lot of altcoin worth investing of your money. So also watch the movement of the market for us to have the lists of the best altcoin for day trading.
member
Activity: 174
Merit: 15
September 14, 2017, 11:32:36 AM
#27
Maybe BTC,BCH,Eth for me daily transaction to trading, for me BTC is the best altcoin for daily trading.
member
Activity: 97
Merit: 10
September 14, 2017, 07:41:26 AM
#26

best 10% pump&dump coin = Iota

 Grin
sr. member
Activity: 704
Merit: 250
Vave.com - Crypto Casino
September 14, 2017, 06:26:03 AM
#25
there's no best coin to trade daily. We better need to watch all of the altcoins on how it's moving daily and see how it's price carefully doing if it's going down then if you know it will up then it's better to buy in time of going down
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