Topic: Please advise me which coins best for the day trading - page 3. (Read 24102 times)
Only deal with high volume coins, you don't want to be left holding a bag of coins that can't be traded. Just make sure to check the buy orders and see how far the depth is.
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Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt
There are so many coins at the market, and we cannot say that one coin can be the best coin for day trading because the other coins will do the same. But maybe we have favorite coins that could give us a nice return in the day because the movements of the coins were good enough in the market. For me, I only choose the coins which have a position in the market and coinmarketcap, and the volume is not too small.
i think XLM are good for day trading , with low-mid profit , the price are fluctuative but have same patterns as i see just try it sir
I advise you not to day trade. It seems to me that you are a person that is not that good or a newbie when it comes to day trading. I knew it because I saw you hesitating on what coin to invest since you're asking us which is which of the best.
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
Cardano(ADA) is one of the promising coin now and can give us a good profit in the future. Which means, it is good to hold in a long term.
So I suggest you change XRP into Ethereum and RVN to XBX in IDAX these are I think could help you out to gain bitcoin whether in long or short term I guess.
Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt
400 assets?? wow how can you manage to update yourself with that range maybe 10 -15 assets might be find and you can cater which coins is moving positively and which are not performing well, from that point it's easier to manage but if you can work with that then your choice I guess.Many people who has so many assets made their choice randomly and buying extremely shitcoin believing in their heart that such coin will one day increase by 1000x to 2000x, some can, but hardly will you see any altcoins now that can give up to that again, not even during the next bull run as most of them are being dumped and forgotten before the bull run by investors.
its not that bad to hoard more than a hundred of coins because in the crypto market there are also a tons of good coins and we can safely say that the rest are just plain b.s . we wont know if the guy is an expert trader/hodler because he can handle a big portfolio and he is also picky when it comes to coin choice but i believe that only few coins are only best when it comes to day trading and this coins are high volumed coins that people bought the most . they are usually top coins ( ex. top 5 , top 10 )
Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt
400 assets?? wow how can you manage to update yourself with that range maybe 10 -15 assets might be find and you can cater which coins is moving positively and which are not performing well, from that point it's easier to manage but if you can work with that then your choice I guess.Many people who has so many assets made their choice randomly and buying extremely shitcoin believing in their heart that such coin will one day increase by 1000x to 2000x, some can, but hardly will you see any altcoins now that can give up to that again, not even during the next bull run as most of them are being dumped and forgotten before the bull run by investors.
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
In my opinion it would be very difficult for us to determine which coins are good for daily trading because not all coins will be forever good for daily trading and usually they have their own period of time being good in daily trading.Now I think it would be right to pay attention to those altcoins that will conduct a listing on such a top exchange as Binance, you could already see how this affects their price growth
binance give huge impact to token or coins price.this is best fomo if there is rumors about it.investors and traders easy to traded their assets.binance give hope to token holder about their asset value if listing on there.If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.
Yes, you are right we have to change the coin every time because we cannot make a profit on a single coin every time. After making a profit we have to shift to another coin which has a huge potential coin which we can make a profit on a daily basis. In this way, we have to keep changing in order to make a profit.
You can almost daytrade on any coins if you already know how to properly use technical indicators and price actions. Technical analysis can help you execute your trading successfully, through careful analysis of historical data and focus on price, volume, and related indicators it is possible to identify patterns and predict outcomes. But some traders don't use indicators often and they still manage to trade successfully in their trading. But I believe that these traders who chart ‘naked’ or without any indicators with success are already experienced and they only use indicators to supplement their analysis.
I doubt if technical indicators will be useful for some coins, and I do believe that not every coin is tradable, there are so many coins in the market that are shitcoins, and some does not even have the volume to guarantee a successful trade, how then can indicator work for them, out of many thousands of coins that we have in the market, I am not sure I can really boast of more than 100 coins that traders can trade successfully. The best coin for any one that knows how to read chart and use indicators to trade will be the top 20 coins, and specially Bitcoin and Ethereum, other coin are better for long term investment.
Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt
400 assets?? wow how can you manage to update yourself with that range maybe 10 -15 assets might be find and you can cater which coins is moving positively and which are not performing well, from that point it's easier to manage but if you can work with that then your choice I guess. 
Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt
If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.
About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.
Now I think it would be right to pay attention to those altcoins that will conduct a listing on such a top exchange as Binance, you could already see how this affects their price growth
Just like I did. The first time I trading in binance, I aim for a coin that was just registered in binance and do a small analysis of the graph of the coin in the coinmarketcap. When I'm sure, I will choose the coin for trading. 
Name: SARA ISLAM
Posts: 1
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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
You can't judge the book by its cover. Yes, he is newly in this forum. But do you really know who the OP is? We know that being a newbie rank here have don't enough knowledge in trading. That is a wrong premise. We should also look them as a trader before they join in this community. Remember, not all people came here just to have bounties but also to inquire and invest. 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
If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.
About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.
If you are a trader then you would definitely consider on looking it up because its always been important to look it up.
If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.
About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.
If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.
About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.
If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.
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