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Topic: Coins for Day trading (Read 840 times)

hero member
Activity: 3052
Merit: 651
October 04, 2017, 03:31:53 AM
#27
You will need a lot of capital to feel it or else you are just wasting time paying up for the transaction fees. Including the exchange back and forth have payments.
I would pick NEM if you decide to take it to a higher level and wait a littlr bit more. But I am sure the price will increase.
hero member
Activity: 2786
Merit: 657
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October 04, 2017, 03:29:01 AM
#26
The best coins for day trading will be Ripple,  Qtum, Waves, KMD, Iconomi and Nexus they always find there way back up whenever dumps happen.
sr. member
Activity: 686
Merit: 250
October 04, 2017, 02:54:09 AM
#25
For me the coins for day trade ( apart from some gambling (cough cough trading) i do once in a while with some small coins on cryptopia) would be:

1: High volume
2: High number of trades
3: Some volatility. Though sometimes is good to trade the bollinger band tunnel from small profit.

4: Usually good coins that i don´t mind bag holding so i don´t get too much stressed when bag holding. Because it happens.
hero member
Activity: 806
Merit: 503
October 04, 2017, 02:16:49 AM
#24
hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !


I choose coins to day trade that are in trend and at high volume. Usually i do day trade on what we call shitcoins which is very profitable at the same time risky. But its always worth the risk. I Just do at least 2 to 3 trades and then off to another coin.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 04, 2017, 02:03:39 AM
#23
The best coins for day trading according to me would be DGB and OMG. DGB is fluctuating by around 50 satoshis each day and so we can make a good profit out of it if we buy at low prices and sell at high prices. OMG's price is at 0.002 btc and is fluctuating by 0.0001 btc. Earlier it was fluctuating at by 0.0005 btc and can yield a good profit. I have myself got quiet a good profit from these coins.
So they are quite good coins for day trading.
full member
Activity: 126
Merit: 100
October 04, 2017, 01:13:59 AM
#22
hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !

ALL SOME COIN THEY HAVE FLUCTUATION. we do not know the moves of the coin so it's pretty good to buy cheaper coins like 1k sats down and you just buy and longterm.

if you want to get a quick look at the marketers and maximize volume buying. when large volume purchases tend to increase the price of the coin.
full member
Activity: 246
Merit: 100
October 03, 2017, 11:35:47 PM
#21
You can check stox and monetha they both under ICO priceand they will be list on binance after 5th October. If you want to hit short term profit you can buy both tokens.
newbie
Activity: 1
Merit: 0
October 03, 2017, 11:21:58 PM
#20
Any coin that fluctuates, but not too much. It's pretty hard to find a good one to day trade.  Grin
full member
Activity: 276
Merit: 100
October 03, 2017, 11:09:55 PM
#19
ZRX token is very cheap for now. You can buy it and You can get profit for short term.
hero member
Activity: 966
Merit: 552
October 03, 2017, 11:07:20 PM
#18
hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !
On the poloniex we can choose the alternative coins are increasing in the price about +2-3% usually the up trend will continue to be more increasing, I choose that open buy and hold couple hours and I sell them to taking profit daily,
the weaknesses of this methods for me, I must stay in the computer it takes my time and it is not too nice to the traders who doesn't have much time, I must doing cut lost if the price changes trend to be decrease.
sr. member
Activity: 378
Merit: 250
September 30, 2017, 04:57:50 PM
#17
All coins can be good for day trading since it involves only what is trending. But looking at all altcoin news can be exhausting. So just pick 3-5 altcoin and stick with them, alternating if needed depending on which is having a trend. Read news on what your chosen coins and read the emotions if you can. Currently i'm trading ethereum and neo.
i do not think that every coin is good for day trading, although i person not interested in day trading but still if a person have some experience in day trading still he need to select a good coin, where there is a good fluctuation in its price, so that he can get chance of making money by investing in a low position and can even get a chance to sell the coin in comparatively high price on same day.
full member
Activity: 462
Merit: 102
September 30, 2017, 04:22:48 PM
#16
hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !

Don't look much farther for it might be at front,, bitcoin is one most common day trading cryptocurrency coins in the market today.. It has almost an instant fluctuation of price every seconds and it can change drastically in a day.. You don't have to have much capital to do this,, it only needs good strategic planning.. If you profit,, add more coins until it's accumulated to a much bigger investment..
full member
Activity: 268
Merit: 100
September 30, 2017, 03:59:23 PM
#15
All coins can be good for day trading since it involves only what is trending. But looking at all altcoin news can be exhausting. So just pick 3-5 altcoin and stick with them, alternating if needed depending on which is having a trend. Read news on what your chosen coins and read the emotions if you can. Currently i'm trading ethereum and neo.
full member
Activity: 961
Merit: 110
SweetBet.com
September 30, 2017, 03:54:42 PM
#14
Bitcoin is definitely the best but you'd need to have a few of them to make a good profit.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
September 30, 2017, 03:33:55 PM
#13
hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !

I think you an do that with almost every coin. Just go to https://coinmarketcap.com/ and see choose any of those coins listed there, and see if you can find an exchange that supports them. You should be guaranteed for some action if you choose to trade on any of them. If you are as bad as me, I wouldn't recommend it though. Good luck to your trades, and let us know how it goes for you. Right now I would go for Neo, but to hold and not daily trade.
full member
Activity: 448
Merit: 100
Arabic Translator
September 30, 2017, 02:51:23 PM
#12
The coin that best fit of what you are looking for would be Bitcoin itself. It is always fluctuating daily so if you do day trading, I think Bitcoin would be the best coin. And it also depends how much your capital is or how much you are willing to spend for day trading.
bitcoin is good but need much capital to trade and i don't have that now
sr. member
Activity: 644
Merit: 263
September 30, 2017, 01:07:33 PM
#11
hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !


Yeah sure you can just hit the exchanger and look around it, every coin fluctuates a lot in the prices and this will keep happening more or less in regards with bitcoin price in the market.
Ripple and monero had gone wild since last week so you can try checking out them. For next fluctuations you can consider ethereum becuase it will be going through the hard fork real soon. Again we will see the same story of panic selling and stuff leading to downward movement of the coin and you can have chance to trade that after buying low. But to be honest all the coins are fluctuating always.
full member
Activity: 448
Merit: 100
Arabic Translator
September 30, 2017, 12:45:40 PM
#10
every coins have their own day and we do not know which one is the best for you to do it.
but if you want to do a daily trading you should choose the top cryptocurrency or just stick to Bitcoin.
you need a lot of volume to get profit for every trade that you will do,
so choose top 5 Cryptos based on coinmarketcap or volume total on your place for doing this.
if you do not know about them at all,just do Bitcoin trade.
you can get a lot of money if you understand and know how to read the market.
problem is top 10 coins have like steady price ,so i can't get profit . i need some fluctuations
full member
Activity: 126
Merit: 100
September 30, 2017, 05:28:18 AM
#9
Coin for daily trading is better rank around 45-100 . Cause it needs the high volitality to earn the profit, the more high volatile the more profit you can earn for daily surfing. But be careful, choose the right moments for selling or buying is the key in this situation. You should follow some experts on twitters. They give many good advices that i think you should consider about it.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
September 30, 2017, 04:51:47 AM
#8
most of the coins are viable options. I think you need to learn day trading first before looking for coins that you can use for day trading, since if you knew it already you wouldn't be asking this question.
for day trading you want something that has enough volume, a good packed order book and also most importantly a volatile price but predictable volatility. for that as I said most coins from bitcoin down to most little altcoins with high volume (good liquidity) can work well enough.
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