Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD
Basically all crypto currencies which are already listed on capital market are good for day trading but there are some steps you need to follow in other for you to run into debt. Steps like knowing the best time to enter/exit the market, trading coins which have high community support, standard utility and not centralized like XRP because they can be easily manipulate which affect your own profit. 
Topic: Please advise me which coins best for the day trading - page 10. (Read 24068 times)
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
dont look from the price that doesn't mean anything, because value still same just different amount.
for day trading i suggest ETH and BTC because that is very easy to sell and but fast.
some coin might you give you big profit but also big risk too.
for day trading i suggest ETH and BTC because that is very easy to sell and but fast.
some coin might you give you big profit but also big risk too.
In principle, it shouldn't matter what coins you trade, as long as they have enough liquidity and enough volatility. All the rest is less important. Their actual price is also not so important.
Besides, you should have enough pairs at your disposal, because on the higher time frames (which are always better for trading and less prone to manipulations) you won't get entry/exit signals that often. If you trade just one or two pairs (on the higher time frames), you may have to wait for days for optimal entry/exit signals. So don't limit yourself to just a couple of pairs.
Besides, you should have enough pairs at your disposal, because on the higher time frames (which are always better for trading and less prone to manipulations) you won't get entry/exit signals that often. If you trade just one or two pairs (on the higher time frames), you may have to wait for days for optimal entry/exit signals. So don't limit yourself to just a couple of pairs.
Name: SARA ISLAM
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: Today at 11:14:12 AM
Last Active: Today at 08:18:18 PM
your account is recent, about your question:
altcoin are very dangerous, often bitcoin has a small fall, but the altcoins fall a lot just because bitcoin had a small fall, the altcoins consistently have pumps and dumps and if you are very unlucky and buy at the top, you caba time many losses, that's why I give the same advice that @ Maxpips gave
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: Today at 11:14:12 AM
Last Active: Today at 08:18:18 PM
your account is recent, about your question:
Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD
altcoin are very dangerous, often bitcoin has a small fall, but the altcoins fall a lot just because bitcoin had a small fall, the altcoins consistently have pumps and dumps and if you are very unlucky and buy at the top, you caba time many losses, that's why I give the same advice that @ Maxpips gave
Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD
It doesn't necessarily make sense to buy "low-priced" coins. You have to consider the size of supply. XRP is in the top 10 by market cap and ADA is close. That's because of their huge supplies. This limits their potential upside.
For day trading, I really prefer thick markets like BTC or ETH so I can easily enter and exit positions. I use leverage so I can maximize gains with limited collateral.
Bitcoin, since it has highest liquidity therefore; lowest transaction costs.
(Read my thread for daily analysis of Bitcoin).
https://bitcointalksearch.org/topic/im-a-professional-trader-heres-my-strategy-5059592
Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD
Jump to: