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Topic: what altcoin is suitable for daily trading and long term trading ? - page 2. (Read 280 times)

full member
Activity: 266
Merit: 111
Altcoins so far are quite unappreciated, its value so not pump or dump the way bitcoin does so I cannot give any suggestions to which alt is goog for day trading but for long term trading  ethereum, litecoin and NEM are my choice you can check them, they have faster and growing technology they have also good supply and I think after some quite time they will hit the market and become valuable you just need to exert patience while holding them
legendary
Activity: 2688
Merit: 3983
I am a little confused here to determine what is a good coin for me to buy for daily trading and for long term trading because currently available a variety of alternative coin (altcoin) is very much but there are some coin that is not good and there is also a good coin for that please give me the tips to know how to see a good coin for daily trading and long term trading, I hope this is not just for me alone but it can be for the knowledge for new players who are still confused to determine which coin is suitable for daily and long term trading and why did you suggest that coin? Smiley
My answer is (ETH, LTC and monero ).
ETH:A currency with a relatively stable price rising in a short period,you can easily convert your free tokens "from Airdrop and others", low transaction fee and easy cash out.
LTC: Best currency for commercial use due to price stability (you can pay payment using it).[long term]
monero: The high privacy of this currency makes it rise in the long term.



Hugeblack
hero member
Activity: 924
Merit: 512
I am a little confused here to determine what is a good coin for me to buy for daily trading and for long term trading because currently available a variety of alternative coin (altcoin) is very much but there are some coin that is not good and there is also a good coin for that please give me the tips to know how to see a good coin for daily trading and long term trading, I hope this is not just for me alone but it can be for the knowledge for new players who are still confused to determine which coin is suitable for daily and long term trading and why did you suggest that coin? Smiley

I am thinking that you are not clear in making the op post and your query. You have to understand the trading and long term investing coins difference because in trading you will not find the any coin stable in the market so you cannot have one coin alone as the long term trading coin.
Trading is completely depend on the short term changes on the every coins. You have monitor which is best on that day invest on that concern coin to make the profit
full member
Activity: 308
Merit: 119
I am a little confused here to determine what is a good coin for me to buy for daily trading and for long term trading because currently available a variety of alternative coin (altcoin) is very much but there are some coin that is not good and there is also a good coin for that please give me the tips to know how to see a good coin for daily trading and long term trading, I hope this is not just for me alone but it can be for the knowledge for new players who are still confused to determine which coin is suitable for daily and long term trading and why did you suggest that coin? Smiley
For day trading you need to check the charts of the coin if it has alot of volatility or not .Coins that has too much volatility are good for day traders.
When it comes to holding you need to read and do research about a certain coin that you want to invest in. don't be lazy and read their white paper
look if the coins has actual use IRL and if it has potential to gain big partnerships. Also what  technologie they are using and how it's going to effect the crypto wolrd.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
The crypto economy is built on the idea of decentralisation and having this suitable coin would go against what cryptos want to achieve and with so many coins to choose from why stick to one Roll Eyes
newbie
Activity: 27
Merit: 0
I don't think your question has an answer, cause the market varies and some coins are volatile. What could be 50% today can give -80% tomorrow.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
I am a little confused here to determine what is a good coin for me to buy for daily trading and for long term trading because currently available a variety of alternative coin (altcoin) is very much but there are some coin that is not good and there is also a good coin for that please give me the tips to know how to see a good coin for daily trading and long term trading, I hope this is not just for me alone but it can be for the knowledge for new players who are still confused to determine which coin is suitable for daily and long term trading and why did you suggest that coin? Smiley

It all depends on you, your practice and your trading approach. For finding the right coin for your day and swing trading style you should be practicing few trades with every top altcoins like Ethereum, Litecoin, Monero, Dash, Neocoin and afterwards you should write down your experience with them personally so that you try to express your emotions out through writing and by this way you will get to know which coin suits for day trading and which one is better for investment. Not every coin is tradeable by everyone few people trade Litecoin for day trading and Ethereum for investing purposes and I myself trade Neocoin for day trading, and Litecoin for investment purposes.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
there is no exact answers for your questions and you would not get good profit if only pick one altcoin for your profit source because in my view you cannot stick for one particular altcoin and all of it depend on the market situations you have to see all possibility to determine the price and to determine the exact time to buy and sell
full member
Activity: 602
Merit: 101
I am a little confused here to determine what is a good coin for me to buy for daily trading and for long term trading because currently available a variety of alternative coin (altcoin) is very much but there are some coin that is not good and there is also a good coin for that please give me the tips to know how to see a good coin for daily trading and long term trading, I hope this is not just for me alone but it can be for the knowledge for new players who are still confused to determine which coin is suitable for daily and long term trading and why did you suggest that coin? Smiley

For trading, to be honest I also do not really understand how to find a good coin, usually I always read and look for news, what coins are being discussed at the moment so I learn how the coin moves, and whether it has good prospects for trading and profitable or not either for short or long term, but usually trading will be more profitable for short term
sr. member
Activity: 672
Merit: 251
The answer to your question is nothing. Many alts are having unstable market and I bet that you don't want to lose on something that is not sure, although the result in trading is not sure also. But for a second thought, if you're finding a good coin that is good for scalping. I bet you need a trader that is pro that will give you an advice Smiley.
full member
Activity: 560
Merit: 105
I am a little confused here to determine what is a good coin for me to buy for daily trading and for long term trading because currently available a variety of alternative coin (altcoin) is very much but there are some coin that is not good and there is also a good coin for that please give me the tips to know how to see a good coin for daily trading and long term trading, I hope this is not just for me alone but it can be for the knowledge for new players who are still confused to determine which coin is suitable for daily and long term trading and why did you suggest that coin? Smiley
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