Pages:
Author

Topic: Please advise me which coins best for the day trading - page 8. (Read 24102 times)

sr. member
Activity: 826
Merit: 252
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 still confused please do not enter the market, you have to be sure about your chosen. People will suggest you to buy eth or xrp because they have low price right now but even like that new coins also have potential. You can see from coinmarketcap to coins from 6 - 10, not new but survive. Cheap not always bring you profit but have stable volume and high demand is the right option.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
I can't recommend any coins to trade. because every coin has different characteristics and trade changes every time. but a stable coin is the best choice at least the price will be stable and the volume more promising.
Big volume and stable coin is good to pick, even not really much it move, but at least it still can called move so we can take profit from it. Maybe daily trading suit with that type of coins in market.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
In the end, it doesn't really matter what specific coin you're trading as much as how you're trading and the strategies you use in an attempt to trade for a profit and to minimize losses, though I would suggest daytrading a slightly higher volume. I typically daytrade BTC, ETH and LTC with up to 10x leverage, as I've always traded primarily in those three markets with good results, and I've mostly stuck to these pairs with few exceptions throughout the last few months.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
I can't recommend any coins to trade. because every coin has different characteristics and trade changes every time. but a stable coin is the best choice at least the price will be stable and the volume more promising.
member
Activity: 546
Merit: 12
Well, there are so many waus to select a coin for day trading and it's avery tedious work i must admit. You'll have to go through a whole lotta coins to select the one best suits your preference. In my style of trading, I choose a coin with a very good liquidity or high volume so that in case I wanna get out, it will be easy for me. I also look out for volatility. Volatile coins give higher profits but are very risky.
jr. member
Activity: 319
Merit: 1
In day trading as you can see each tokens in the market that you have chance to choose every coins that growing up everyday in coinmarketcap is the best coin to buy in every your gonna trade so join up if it's pumping.l for its price.
sr. member
Activity: 434
Merit: 252
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 no determining factor as to how to choose the best coins for trading. Everyday it changes based on their trading volumes. You just need to figure out then and there and choose the best coin to trade with.

I would not recommend trading XRP as it isn't crypto in it's true sense.
hero member
Activity: 1092
Merit: 501
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.
There are two points that I want to discuss with you is that we can easily say that which coin is the best. Bitcoin is the good opportunities for all traders this is best thing you should try this one. Day trading is not good to trade daily because day trading is only for those who  are experienced and knows the rise and fall of market without  being worry.
copper member
Activity: 110
Merit: 60
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 the first place, divide your capital into 5 altcoins which are potentials to trade in the market.
and for you to find out the coins that are good at the present in the market was ETC, Qtum, Neo, Ltc, Eth
these are I think that are totally good to trade in the exchange site platform.
sr. member
Activity: 714
Merit: 250
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 looking for trading I high suggest try to invest or trade in ethereum because they have new update that might be the reason to increase the price. If you really want to day trading you should buy waves and strats that have good potential and also have good volume in market.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
in my opinion, a good coin for investing is only a BTC coin, until now I always invest in BTC coins, the BTC coin prices remain stable compared to other coins
If you really know the day trading you do not suggest this coin, Because Bitcoin is the promising cryptocurrency at the same time it is perfectly match for long term holding so we should not expect the quick profit in this coin. I recommend altcoin trading but I am not suggest the exact profitable platform because everyone have individual skill so own trading is the good for day trading.
hero member
Activity: 1190
Merit: 500
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 anyone is still looking for best coin for day trading go to the coinmarketcap and see which coin falls much in 24 hour period again bitcoin and choose some high volume coin from it then use trading exchange like binance for trading those coins at bumos and dumps.
everyone has their own strategy and sometimes it sounds weird. can you explain, why do we have to buy coins that fall very deeply against bitcoin?

For my own strategy, just look for top 10 marketcaps, there are lots of coins you can choose one, the price rotates fast enough and you can use it for daytrade, you just need to be smart in strategy analysis..
full member
Activity: 812
Merit: 142
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

Depends on the trading volume and also the price swing. You have to make a certain back testing to say if a certain project is good for day trading. I saw some in binance and other big exchange that can ba proftaible as you expected

Each day is different and has a different coins which moves up or down. So yes volume and market scenario for that day is going to play a vital role. Also would say that if you make money during the start of the day than might be better just to sat away rather than losing at the end of the day as market may fall .
full member
Activity: 1218
Merit: 112
I think that no coins are good for day trading, as you would gain once or twice but you would lose more. Some time Bitcoin is good for day-trading but most of the time it would be better if you go for long-term trading and it is safe too.
sr. member
Activity: 854
Merit: 250
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.
legendary
Activity: 1652
Merit: 1000
It's very difficult to mention which coins would be good for day trading because the price of movement for each coins is very different for each day and i think rather than asking help about that then for me you should learn how to predict the price from to see chart movement and analysis for particular coins for your day trading purposse and if you able to do that then eventually you can know by yourself which coins would good for day trading
jr. member
Activity: 275
Merit: 1
https://customcontract.network
Daily trading is often used as part-time work for most crypro players because it is profitable but has a high risk of loss. Coin selection must be based on market trends and in-depth analysis of liquidity, the coin community and also many other factors considered so that we can achieve profit better
sr. member
Activity: 496
Merit: 254
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
One thing I’m yet to understand is if old community members creates new accounts just to ask questions in the community, cause your account was created recently. Anyway, you can trade BTC and ethereum, I believe those two are the best for anyone that wants to trade. But you can still trade other coins if you wish to.
newbie
Activity: 23
Merit: 0
Well not any coin but here are some tools that you can use to day trade any chart, Stochastic RSI with EMA at 13, 8, 5  and using Heikanshi candles. Timeframe is also one of the important factor which matters a lot.
hero member
Activity: 1190
Merit: 541
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
You may add up digibyte also as it will suit your all criteria like it is low priced coins i.e. only less than 300 satoshi but it is not available in major exchanges. Bittrex is the good platform (yet you may need to clear KYC with them) for trading digibyte and cardano.

If you look for a coin which is available in most of the exchanges and must be having low value then I guess dogecoin must be a right choice for you. Even you miss a selling point, you may go for holding it as it is good for holding and usually it may get pumped up to 100 satoshi and currently trading around 60 satoshi.

When you are choosing a coin for day trading, I'm having one good suggestion for you. You must choose a coin which will be having good potential in long term also (I mean do not just choose coins only for the purpose of day trading). Even you may get stuck at some point of time with your day-trading, you may convert your trading into holding so that you need not to book immediate losses. Just think about my idea and it may help you to save a lot of hassles in your day-trading.
Pages:
Jump to: