Topic: Please advise me which coins best for the day trading - page 9. (Read 24102 times)
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
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.Name: SARA ISLAM
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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
Yes, sir, I know altcoin is very dangerous but I am staying 6/7 hour in the market so I think pumps and dumps no more effect over me.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
many many thanks sir for yous kind advice
2000 USD is more enough to do mid-term trading, maybe within 3-5 days it is usually possible to get profit, that is also if the market in the BTC pair is stable. If the BTC is not stable, it will be longer. Major coins are also actually good with that much capital, only you have to be more patient
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
There are more than 2000 tokens on the market, but of course it does not make sense to trade all of them.
If you have a good online and have time for analysis, it does not matter what token to trade during the day whether it is cheap or expensive.
The most important thing is to choose an exchange with excellent liquidity, choose tokens whose price fluctuates during the day 5-10% and engage in purchase and sale on the basis of charts.
For example, you can perfectly trade many tokens during the day on the binance
If you have a good online and have time for analysis, it does not matter what token to trade during the day whether it is cheap or expensive.
The most important thing is to choose an exchange with excellent liquidity, choose tokens whose price fluctuates during the day 5-10% and engage in purchase and sale on the basis of charts.
For example, you can perfectly trade many tokens during the day on the binance
I think bnb could be a real value if you look at it carefully, I don't know if it could be constantly daily trading opportunity but I think no coin could be like that every single day, you have to select like 10 or so coins to check every single day.
The point here is that prices change so quickly so you can not just get a coin and sleep with that coin still in your possession because when you wake up may have lost a lot of value there, so if you are going to do daily trading on some coins I would suggest memorizing the prices and ranges of 10 coins and keeping track of them constantly, if you memorize bitcoin for example right now the price range shows that when it hits 4200 dollars again it is more likely to sell and profit later on than keep waiting for it to go up, of course it could still go up but that is the chance you take.
Do that type of thing for 10+ coins and you get yourself a daily trading work.
The point here is that prices change so quickly so you can not just get a coin and sleep with that coin still in your possession because when you wake up may have lost a lot of value there, so if you are going to do daily trading on some coins I would suggest memorizing the prices and ranges of 10 coins and keeping track of them constantly, if you memorize bitcoin for example right now the price range shows that when it hits 4200 dollars again it is more likely to sell and profit later on than keep waiting for it to go up, of course it could still go up but that is the chance you take.
Do that type of thing for 10+ coins and you get yourself a daily trading work.
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.
For now Im choosing other alts than bitcoin and ethereum because this two coins already dropped out so it's very risk if you gonna put your money and hold.
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
I think best coins to day trade are high volume coins like BTC, ETH, XRP, TRX, BNB, EOS, NEO, WAVES. In low volume coins you can not get daily fluctuation to take trades, some coins are also pump and dump, those coins gain sometimes 100% in a day and trap investors then slowly come down, so if you are thinking of day trading you should always chose high volume coins.
Your choice isn't bad. Low satoshi coin is better for day trade since you don't have much capital. Everyone will suggest his favourite coin and it's normal. You can add more low satoshi coin on your portfolio like PAL, PMA, OCN and Hydro, it's all on bittrex. I think you can make day trade on that coin. It's not my favourite but low satoshi coin and profitable in my opinion.
However trading isn't so easy so everyone follow different strategy. But if you panic seller then you can't get profit ever. Need pateince for trading otherwise mostly time you will lose. It's not easy to recover if in case you loss one time. So trade with patience since you are newbie.
However trading isn't so easy so everyone follow different strategy. But if you panic seller then you can't get profit ever. Need pateince for trading otherwise mostly time you will lose. It's not easy to recover if in case you loss one time. So trade with patience since you are newbie.
Day trading does not consider the fundamentals and product of the coin. The major factors are price volatility, and easy liquidity.
You would also need the full details on where the coin or token is listed, at what value and the various base currencies (trading pairs).
The more options the better, the coin should have sufficient volume and if possible be listed on numerous exchanges.
You would also need the full details on where the coin or token is listed, at what value and the various base currencies (trading pairs).
The more options the better, the coin should have sufficient volume and if possible be listed on numerous exchanges.
When you ask a whole community for advice on what coins to invest in,you probably would get thousands of replies,which one of them would you apply as your trading strategy
The more reason why you should find out informations on your own and try to find out about new coins or existing coins
Just a quick Google Search would guide you
You're right with what you said because people will post different type of shit coin but I will advice the OP to stick with bitcoin rather than adding altcoin because most of the altcoin posted on this thread are not quite good for crypto currency day trader. The more reason why you should find out informations on your own and try to find out about new coins or existing coins
Just a quick Google Search would guide you
When you ask a whole community for advice on what coins to invest in,you probably would get thousands of replies,which one of them would you apply as your trading strategy
The more reason why you should find out informations on your own and try to find out about new coins or existing coins
Just a quick Google Search would guide you
The more reason why you should find out informations on your own and try to find out about new coins or existing coins
Just a quick Google Search would guide you
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
As of now the best coin for day trade are waves and xrp because of this stable price on market. The price of waves is also low the price is around $3-$4. Its hard to do day trading if you are lack of skills in doing trading but as long you have knowledge or background about trading you can really do day trading. Just try to buy waves which the price is now increasing. 
Xrp is good for $2000 capital. Because if you invest your capital possible in the future your thousands dollars become hundreds thousands of dollars maybe if you should it for few many years like 2 to 3 years from now is betteer to see the price of ripple become high.
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
Hello! I think that it is worth trying to trade more such coins as Waves, Stratis, Ethereum. Good luck! 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
Yes, sir, I know altcoin is very dangerous but I am staying 6/7 hour in the market so I think pumps and dumps no more effect over me.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
many many thanks sir for yous kind advice
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 are no coins that are best for day trading. Also the price does not matter because you can buy increments of coins. I would personally focus primarily on bitcoin because it is the coin with the most volume and the most interest and developments.
Bitcoin is also good for day trading now as we have been seeing notable pump and dump on the chart for the last two weeks. If you can study chart well you can make good profit from trading bitcoin
It's impossible to point out which coins are the best for day trading because the situation always changed. I'd rather avoid day trading and switch to swing trading that is less risky imo. In general, you should find a coin that has room to grow (low market cap, bullish channel formed etc), and judging from your capital buying coins/tokens under $1 is probably a great choice.
I think you should learn and build your trading skills rather than asking people which coins to buy.
I think you should learn and build your trading skills rather than asking people which coins to buy.
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