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Topic: Please advise me which coins best for the day trading - page 2. (Read 24102 times)

sr. member
Activity: 1484
Merit: 253
I have always had problems with daily trading, because I couldn’t get my bearings in order to catch the right prices to sell or buy a token.  Perhaps my problem consists of the fact that I chose the wrong coins.  Do you think that the highest-rated coins on the exchange is the best choice for daily trading?

Yes of course that would be recommended to do some trade for day trading, promising coins should must have higher ratings. Bnb is what I should recommend for investment on trading, because it has good and progressive demand with respect to activate market. I knew the market was too difficult to analyze for now, so choose those coins which really could give you profitable returns in the long run.
full member
Activity: 1204
Merit: 104
I have always had problems with daily trading, because I couldn’t get my bearings in order to catch the right prices to sell or buy a token.  Perhaps my problem consists of the fact that I chose the wrong coins.  Do you think that the highest-rated coins on the exchange is the best choice for daily trading?
jr. member
Activity: 280
Merit: 1
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For day trading you need to choose high volatile coins which have lots of daily volume. Then you will get more profits. For this you can choose top 5 coins of any big exchange like binance.   
full member
Activity: 628
Merit: 154
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
The coins you have mentioned already are good coins, though I don’t now about the Raven coin. You can still trade with them and build up your money and once the money has grown to a larger amount you can then decide to switch over to other bigger coins like Bitcoin. If you’re trading Bitcoin alone with big amount of money and trading perfectly, trust me, you wouldn’t even need all these altcoins any longer because the profit that will be coming from it is going to be okay with you… that’s as long as you know what you’re doing and trading accurate.
hero member
Activity: 3178
Merit: 661
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I recommend eth. It fluctuates much more in the last weeks. It was going back and forth from $270 - $300 and above. Well, there are a lot of coins out there but the problem is that you are not familiar with them so it's better for you to only stick to the coins that you have an enough idea about the project. The top 20 coin is very active on their volatility too but be careful.
Yes. For me, I prefer to day trade ethereum and bitcoin because they have more potentials and are more trusted by most people when it comes to profitable trading. Right it's better to trade on the coins that you have proven already to be very sucessful in trading than to invest in new coins which you don't even know if they can help you gain or lose profits.Better study then first before trading them.
legendary
Activity: 2030
Merit: 1189
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

If you want to minimize your risks then trade on any asset that is a steady swing rate. Something like Ethereum, Cardano, Litecoin, Doge as they have a steady +/- swings, Which make them very easy to predict and with enough capital invested in them, you can capitalize on the everyday swings.
full member
Activity: 532
Merit: 100
I recommend eth. It fluctuates much more in the last weeks. It was going back and forth from $270 - $300 and above. Well, there are a lot of coins out there but the problem is that you are not familiar with them so it's better for you to only stick to the coins that you have an enough idea about the project. The top 20 coin is very active on their volatility too but be careful.
member
Activity: 462
Merit: 10
bitcoin starting bull market in this position we had better not trading short term because when increasing price of the bitcoin other alts are going down. some times those are pumping slowly when stable bitcoin for small time period. if we can catch those positions those are the best times for day trade. but we have to very careful with dumping
newbie
Activity: 40
Merit: 0
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

For me the best choice are options which can give you profit in a long-term investement. Stay with XRP, it's a very good coin. Try with LTC and ETH.
sr. member
Activity: 994
Merit: 256
Any coin can be use for day trading because it will depend on the liquidity of the coin.

If the coin has a high volume like the popular altcoins then you can use them in day trading and vice versa. You can just pick any of them.
Right all coins are good and they increase in price but I am sure bitcoin is the best coin that increase in price even more than double, according to the market value I prefer use bitcoin and ETH for day trading as for day trading we need allot of knowledge and information about the coin and bitcoin is well known to everyone so anyone can use bitcoin for day trading.
Among other coins, the two coins are the most stable, in my opinion. with such conditions, of course we are not confused with pump and dump when trading daily, different from other coins, with fewer capitalization, of course it will be easier whales run the trap

Coins like ETH and Bitcoin and BNB have been pretty amazing lately and I think that since the volatility is pretty high amid the bull market, you should consider investing in these coins. They are pretty lucrative in long run as well so there could be a long term plans as well in your case if the expectations are good. Litecoin is also something you should look at.
full member
Activity: 1008
Merit: 101
Any coin can be use for day trading because it will depend on the liquidity of the coin.

If the coin has a high volume like the popular altcoins then you can use them in day trading and vice versa. You can just pick any of them.
Right all coins are good and they increase in price but I am sure bitcoin is the best coin that increase in price even more than double, according to the market value I prefer use bitcoin and ETH for day trading as for day trading we need allot of knowledge and information about the coin and bitcoin is well known to everyone so anyone can use bitcoin for day trading.
jr. member
Activity: 378
Merit: 1
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
If you are to take my advise, I would advise you to buy more of BNB and ADA because of their potential. Also, these are my major tokens I do trade with and have never regret of trading with them at anytime. Although will also advise that you carryout your own research before buy tokens or coins for trade, whish you good luck.
BNB have a bigger space to grow more since the team behind is really working with more updates and added offers, you can put your investment
if you are in the position that you believe in a bigger profitable investment in the long run.
BNB is a good choice, from short to long-term holding, but here, he is asking for a coin that can trade the day and if calculated until now, I just feel that bitcoin is best suited to his requirements because the value of bitcoin fluctuates at a fairly constant level in one day, and this condition is too suitable for trading day. However, the problem here is that we will need a large amount of capital or if we use trading margin, it has too much risk, a person who does not have seniority in this area, they should not participate
sr. member
Activity: 1078
Merit: 256
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
If you are to take my advise, I would advise you to buy more of BNB and ADA because of their potential. Also, these are my major tokens I do trade with and have never regret of trading with them at anytime. Although will also advise that you carryout your own research before buy tokens or coins for trade, whish you good luck.
BNB have a bigger space to grow more since the team behind is really working with more updates and added offers, you can put your investment
if you are in the position that you believe in a bigger profitable investment in the long run.
full member
Activity: 1470
Merit: 148
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
If you are to take my advise, I would advise you to buy more of BNB and ADA because of their potential. Also, these are my major tokens I do trade with and have never regret of trading with them at anytime. Although will also advise that you carryout your own research before buy tokens or coins for trade, whish you good luck.
jr. member
Activity: 85
Merit: 2
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
The coins you have mentioned are good though you wouldn't be making much but that doesn't matter, as long as you're making more profit daily, then you would be okay. But I would have preferred Bitcoin, that's always the biggest coin you can trade on a daily and you will also make bigger profit because of its rate of volatility is too much. Since you said that you don't have enough money and you would like to stick cheaper coins, there is nothing wrong with that, cause you can trade smaller coins and when you are able to earn some bigger amount of money, you can then start trading btc as well.
legendary
Activity: 2576
Merit: 1043
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Any coin can be use for day trading because it will depend on the liquidity of the coin.

If the coin has a high volume like the popular altcoins then you can use them in day trading and vice versa. You can just pick any of them.
member
Activity: 630
Merit: 10
If you look closely, then almost top-end cryptocurrencies can be good coins for investment and for daily trading.  Although today Bitcoin is more suitable only for investments, because a trader can suffer very much if he tries to make money on the difference in price.
hero member
Activity: 2366
Merit: 594
For day trading I think it depends on the trend on that day. Some coins have higher volumes compared to others meaning many people are buying and selling. Other coins keep going down for few days or even longer. I suggest study how to read charts first to analyze the market situation then decide if it's good to trade.
hero member
Activity: 2562
Merit: 586
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
There is nothing like which coin is the best, they are all good as long as you're trading the top cryptocurrency in the market. The most important thing I believe you're supposed to know is how to be a day trader. As long as you understand day trading and knows how to trade cryptocurrency on a basis and everything involved in it, you can trade every cryptocurrency and make money from it.

Just choose coins like Bitcoin, Ripple, ETH, BNB, EOS… These These top coins are okay for day trading, but have it in min that there are risk in day trading, that's why I said you will have to learn and understand it. One of the articles I think you will have to read is this here
full member
Activity: 882
Merit: 126
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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
Bitcoin is always useful in different ways more than the other cryptocurrency I think Bitcoin play different role in all the field if you want to trade it also can get good profit right now because the development is happening you can get invested and get good profits using day trading method
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