Bitcoin Forum

Can someone tell me the alt coins with high fluctuations throughout the day, so that I can make some steady profit in  day trading?

Firstly try not to touch the coins which you have traded during last session.I advice to use small market cap tokens that pump and dump strategies suit it. Better stick to long term charts and collect profit with increasing line on graphs.

Thank you for your suggestion.

Nothing. If you see the altcoin market right now. The market is bleeding in red. Most of the altcoins right now are declining. So you can't expect that you could get easy profit on day trade because people are dumoing their altcoins for Bitcoin. But actually it's the right opportunity to buy much cheaper altcoins to trade it for long or mid trade. Expect bearish altcoin market for weeks because people are going to hold their bitcoins to acquire fork coins to get quick money from that. After that, i think the altcoin market will be bullish again. It's hard to day trade when the market is bearish. So i suggest, HODL. I got some IOTAs and some SYS on my bag. I hope i could get huge profit from that in the future.

Could you explain why you think Syscoin is a good choice? I couldn't really figure out what makes it special so far.


@OP

High fluctuation always means high risk. You might stick to low market cap coins like PuertoLibre suggested, but you will always be on a high risk to lose a lot of money. To my mind, it's better to stick with somehow "stable" coins with a marketcap of at least 100Mln$ and above to be more secure. You might not make that huge profits, but steady little gains all the time.

This is very good point. I agreed with this.
And why you want to trade altcoin while bitcoin also always fluctuatif in everyday? Many days ago it was falling to $5500 but now it rises to $6135. Not a bad fluctuation for daily trader, isn't it?

Everyone dreams of it but those all change
One day isn't the same the other day

too, it's interesting, I'm interested in your opinion)

Almost each and every cook available out there is a very good option if you want to invest in crypto as all of them are very volatile. But the most important factor you should consider before choosing a coin will be its trade volume. Always choose coins which have a very high trading volume as these coins are more liquid.
DOGECOIN is probably a good option to look at simply because the coin has high trade volume and is available at a very cheap price. Small changes in its value can help you earn huge percentages of profits.

Thank you all for ur comments, they sure are helpful