Author

Topic: Best altcoin for daily trading? (Read 1731 times)

newbie
Activity: 168
Merit: 0
January 31, 2018, 06:16:02 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, 06:07:22 AM
#43
buy siacoin and make some good profit in your daily tradings.
sr. member
Activity: 686
Merit: 250
October 30, 2017, 03:08:37 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, 02:39:09 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, 02:29:21 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, 02:22:19 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, 01:41:43 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, 08:54:06 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, 08:51:55 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, 08:32:13 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, 08:30:40 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, 08:05:47 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, 05:37:10 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, 12:46:43 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, 12:40:38 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, 12:35:43 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, 01:02:21 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, 10:32:36 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, 06:41:26 AM
#26

best 10% pump&dump coin = Iota

 Grin
sr. member
Activity: 792
Merit: 250
20BET - Premium Casino & Sportsbook
September 14, 2017, 05:26:03 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
sr. member
Activity: 700
Merit: 250
September 14, 2017, 05:22:02 AM
#24
Should choose the stable market. For me Ethereum is a good choice for everyone because this market is very stable for a month now and the price difference is not much. I think because of this that people like to keep Ethereum long because it does not make us panic like Bitcoin
sr. member
Activity: 882
Merit: 254
September 14, 2017, 04:59:11 AM
#23
Seeing most cryptos i can say that the highest high & lowest low can be clearly noticed in ETH.

ETH is differently the best daily trading crypto you can depend on.

I'm telling you this based on my 3+ years experience in Forex. The higher the liquidity the higher the profit you can make in any pair if you're good enough when it comes to trading.
sr. member
Activity: 784
Merit: 251
September 14, 2017, 04:16:39 AM
#22
Witch one could be the best altoin for speculation based on daily trading?
I think Ethereum and Bitcoin Cash are suitable for daily trading. trading both coins is very profitable for me.
hero member
Activity: 644
Merit: 500
September 14, 2017, 03:48:30 AM
#21
You should just watch out for some nice bottom and you shoudnt buy the coins that are pumping hard or already pumped hard. I think its not that risky, if you try to buy very low instead of very high.
I made alot of shitty experience in the first time I traded some alts while they pumped. So watch out Wink
sr. member
Activity: 616
Merit: 252
September 14, 2017, 03:41:03 AM
#20
The best altcoin for daily trading would be the coin that has volume. Its value will go up and down many times due to volume and many are looking at it if it will reach strong support and resistance and price action thus you can have many trading opportunities. The top coins in coinmarketcap currently are Ethereum, Bitcoin Cash and Ripple. You can choose from these three or you can choose from the top 10. As long as you can see a perfect set up for your trading style then go for it.

Another strategy would be to be updated with the news and see what coin has latest developments because usually traders would trade the coins that are news related and sometimes it will look like a pump and dump and there are times when it will continue to go up after many days. An example of this would be OkCash. It has many developments that catch the eye of traders so those who bought days earlier have gain as much as 800% in just a few days.
member
Activity: 114
Merit: 100
September 14, 2017, 03:36:23 AM
#19
I like trading all kind of coins which on large exchange are allowed users to open margin balance for trading such as ETH, XRP, IOTA, EOS ...
member
Activity: 124
Merit: 10
September 14, 2017, 03:31:30 AM
#18
For me, the best altcoin for daily trading is Ethereum because it has a high price or value. Although its price is varying means increasing or decreasing, all you have to do is wait for the right time of trading.
sr. member
Activity: 475
Merit: 251
VTOS
September 14, 2017, 02:24:09 AM
#17
I feel like Stratis is one of the best and secure coins for daily trading. Ethereum classic and litecoin can be good too. These don't really grow up high on price but you can increase your wallet size by daily trading slowly.
full member
Activity: 839
Merit: 100
September 14, 2017, 02:12:56 AM
#16
Yeah bitcoin is so cheap right now.
Very good option, and of course, the less risky
newbie
Activity: 3
Merit: 0
September 14, 2017, 01:50:35 AM
#15
You can buy bitcoin in the moment and wait
hero member
Activity: 616
Merit: 500
September 14, 2017, 01:48:01 AM
#14
Try ETH, DGB, XRP and Waves...I am sure you will make great profits from it and won't regret on your decision.
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
September 14, 2017, 01:09:01 AM
#13
the best altcoins for daily trading absolutely the top 5 cryptocurrency,
you need to find a big 5 volume cryptocurrency on everyexchanger.
because you need to buy low sell high,that is why you need to find a big volume which mean is top cryptocurrency.
do not buy the liquidity assets because it's only for mid-longterm trader and do not suitable for daily trade.
so my suggestion are :
ETH,
XRP,
LTC
and others.

or choose the best on in your opinion because sometimes your feeling can show you the right one
sr. member
Activity: 448
Merit: 250
September 14, 2017, 12:41:58 AM
#12
ETH and waves looks good to me as both have potential to rise in future but to make good profits from it you should have patience and manage to hold it for the right time as you cannot build a Rome in a single day  Wink
newbie
Activity: 2
Merit: 0
September 14, 2017, 12:37:57 AM
#11
You may try NEo coins this is one of the altcoins that expected to increase beforw october
full member
Activity: 304
Merit: 100
September 13, 2017, 11:53:11 PM
#10
For me, it is ETH because if you want to base it on daily trading, ETH has the highest price even it is decreasing. Also, ETH has the largest volume compared to other altcoins so for me ETH is the best altcoin for daily trading.
full member
Activity: 839
Merit: 100
September 13, 2017, 08:51:51 AM
#9
Is not better  to buy  the  bitcoin  dip?

I mean  btc  fall down  and  you buy

That's true. Could be a nice time to buy BTC only and wait
full member
Activity: 224
Merit: 100
September 13, 2017, 08:46:37 AM
#8
Is not better  to buy  the  bitcoin  dip?

I mean  btc  fall down  and  you buy
full member
Activity: 839
Merit: 100
September 13, 2017, 08:41:56 AM
#7
You may try wave coins this is one of the altcoins that expected to increase beforw December.


He said daily trading.
Waves time is clearly not yet here. It's calm like hell
full member
Activity: 140
Merit: 100
September 13, 2017, 08:34:26 AM
#6
You may try wave coins this is one of the altcoins that expected to increase beforw December.
newbie
Activity: 36
Merit: 0
September 13, 2017, 08:13:32 AM
#5
seen, both very nice moves okcash and neblio.... sweet
thank you
newbie
Activity: 36
Merit: 0
September 13, 2017, 08:06:21 AM
#4
triple the value in last week :O
full member
Activity: 839
Merit: 100
September 13, 2017, 07:44:25 AM
#3
OK Cash and NEBLIO
Especially the second
member
Activity: 74
Merit: 10
September 13, 2017, 07:25:18 AM
#2
You can check nexus its usually performs a lot of wave patterns daily.
newbie
Activity: 36
Merit: 0
September 13, 2017, 07:04:59 AM
#1
Witch one could be the best altoin for speculation based on daily trading?
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