Bitcoin Forum

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please

To get small profit from day trading you can chooce one of the coins in the 100 ranking, the problem now is when best times to buy and sell it. Now all coins bullish and bearish by the same periode, we have to learn more about price action of crypto and also important to make management of risk. Current situation of market is good times for doing short trade because all crypto just move around that price level.

are you looking for a list of names to tell you which to buy? because if that is it then you won't get such answers.
but if you want to know which altcoin can be used in this method of trading you described then the answer is all of them specially those altcoins with smaller prices like 500 satoshi that you mentioned. basically you go around looking for an altcoin that was not pumped recently and then check out their charts. if you see any signs indicating a pump is coming on or is already on the way then you buy it. after that it is only a matter of setting your goal % profit based on that altcoins pumping power which can be from 5% to more than 100% in one day.

I probably choose top 4 below bitcoin in the market, i would buy 500 sats when needed and trade if graphs indicate that i need to sell.  And if i already earn profit for about 50% of my investment then i'll keep the remaining and put another investment and make it roll.

Perhaps the easiest way is to ride with the wave:

 - you can use [1] or [2] to check the list of Gainers.
 - Drag the cursor down and check for coins/tokens that started to rise.
 - Check the news if there is a logical reason for this rise.
 - Buy a certain number of that coin/token.
 - Observe the price and sell after getting the specified gain or if the price starts to fall.
 - Convert those profits into stablecoins "Tether or any decentralized one."

If you are lucky, some of these cryptos gained around 640.60% last week.

**It is a high-risk investment, so do not invest more than you can lose.

[1] https://coinmarketcap.com/gainers-losers/
[2] https://bitscreener.com/top-screeners/daily-gainers

Before you choose a coin for short-term trading, you should look at market conditions first. Because if the market is down, it is certainly not recommended to start trading because it will be very difficult to get profits. My advice is to choose the top 3 coins under bitcoin. That's because usually coins under bitcoin have good developments and fluctuations, so it will be very profitable if used for short-term trading. Now some altcoin markets are green, so this is the right time to start.

I'm thinking that those coins which are the most volatile from among others would be the best to trade with in terms of short investing. Because you can cut off your profit faster.

As I observe my cousin she want to trade shot term . she dont want to trade to a long term because it will be a bored tradeing .

In short-term trading it doesn't matter what coin or market you are entering,
as long as it has a decent trading volume then it is good.

If you think of an altcoin that is best for short term trading then you should try to pick atleash Ethereum since it is next to Bitcoin and will really make you a lot of gains in the future.

I guess this depends on the definition of 'decent trading volume'..

ANY crypto can lose a big % within a few minutes.

It does matter a lot what coin you buy or when you are entering. Especially in short-term trading.
Decent volume alone is not enough to call an investment good or stable. The demand is a way more meaningful parameter than the trading volume.

With the current situation - where most alts are bleeding and declining in price each day - one should be very cautiously and confident regarding their altcoins invested in.
The low-quality projects will decline in short-term and never recover in long-term. While good projects will decline in short-term but eventually succeed in long-term surpassing their current value.


IMO, picking ANY coin as long as it has volume, is pure gambling.

I'm afraid no one could ever tell a coin that in half days you could get a profit

in todays market condition where blood is flowing you might even risk your money

Some people tend to learn TA's to spot some bullish coin, a slight pump, or by short margin tradings for them to make returns on this bear market

Day trading that's what you means(short trading) as of now we should know difficult to give tips about what is altcoins grow up for an hour of a day because the signal of altcoin is in red.

If you really do you want to make small profits in the day trade you need to focus monitoring the flow chart and choose altcons for the to 20's in the rows.

In today's market day trading become more challenging even for professional traders with great amount of experience. Though, what I'd label as a good coin for short term investment are  Neo, DASH. Its useful to decide on yourself just by checking market prices etc on marketcoincap.

You may go for anything as long as they are all profitable to you. Short or long term trading with either bitcoins and altcoins will be good if you are able to make some profits consistently.

Personally and over the years, I have always preferred the idea of long term trading than holding or short term trading. The fluctuations will always be there and all the corrections, so trying to take advantage of the long term possibilities of trading the fluctuations with trend changing is one thing I have always stuck to than holding. Holding is good and no one should get me wrong, but that should be when you do not have the trading knowledge.

market conditions for now are very good for you to start trading, because all altcoins experience a very sharp decline and this is perfect for those of you who want to make a profit in the slightest difference from the purchase.
if you want to choose which altcoin you want to trade if you have a small capital in your trade you can choose a coin that has a small value, but if you have a large money capital you can more easily benefit from the altcoin that you hold later by using it coin prices fluctuate quickly.

i dont get what you said, you say buy in 500 then get 550 in half day, So that mean 10%, and if that continues in 10 day u will get 100%, what do you meaning of small profit???
i think it not work, especially market bleeding now, i think 3-5% it already good for one week.

Ether could be the best altcoin that can be used for short term trading. Ether has been highly volatile just like bitcoin from the past few months. Being a potential coin it might give you better returns than any other coins. It is at a very low price right now when compared to a few months ago and buying it at a such a low price will definitely give you bigger returns if you wait for a longer time.

It means you talking about the crypto coins which are too swingy in the nature. Such coins can give you nice profits if you play safe and have no greeds for the higher % as you stated with your post. I guess in the list I have TRX, XVG, XRP and these are three best and shitcoins which can give you those patterns so that you can earn quick bucks with the simple % hikes and downs over the short period of time.

Nobody can make that decision for you. You ought to make that decision yourself. You have to go to coinmarketcap cap and select altcoin based on volume and also study it very well to know the best time to trade it. This is just the secret.

Don't know exactly what Altcoin is best at the moment because it will likely turn out to be unpredictable so I don't use Altcoin as a short term or as a daily, with very fast turnaround making it difficult to get daily profits, it all depends on your taste in managing your money well often people suggest not with more convincing details, of course everyone knows that the top-ranking coins are the best and most likely to go up, so to analyze them first because the market has not shown their best moves lately.  :)

I think in the crypto, working for such little profits is the worst thing one can do, I would rather hodl despite loss instead of looking at screen all the day.

Volatility could mean either profit and success, and nobody's going to simply give you instructions on what coins to invest in- that's where expertise and learning comes in. Sure, there is definitely luck in picking a coin, but if you do research and don't invest in shitcoins that are clearly poorly made or have little potential, you have a good chance to turn a profit.

Always remember to never invest more than you can afford to lose. You're not completely gambling here, but with the bear market we're currently in, it's easy to lose a portion of your money while trading in just a few hours.

I typically go for longer-term trading, as it's always been my strong point, and I try to stay away from short-term altcoin trading. However, if you're executing your strategies correctly, there is profit to be found.

LTC, DGB, NANO, BELLA, all coins with fast transactions

An altcoin that has much volume like Ether, ripple or waves are good for short term trading since it offer more liquidity for price movement to enables you to make trades from it.

I think that at this time we should only short-term investment in altcoin, you can see that the market is constantly fluctuating, the price of bitcoin is constantly adjusting and can decrease at any time, bitcoin price The reduction will cause the prices of altcoin to fall sharply and therefore I believe you should not invest in altcoin when the market is in a bear market in the long term.

If you want to invest in altcoins, then this time EOS is the crypto worth the most investment when the rate of crypto is continuously increasing rapidly in recent times. Compared to the cryptos in the top 15 CMC market, the EOS is currently at the top with very large growth.

stellar lumens is a coin that is perfect for you now, because stellar lumens movement is very fast compared to other altcoins, I also trade on stellar lumens because its faster movement is suitable for the short term

I agree with those coins that has high volume because there is liquidity so you can take advantage of its movement since there are always traders on it unlike those low volume coins wherein there are times when there is no movement at all and there is a risk as well that it will just become a pump and dump coin so as much as possible, avoid those low volume coins for short term trading.


I also like Stellar Lumens because it's a high volume coin and fibonacci retracement is working on it although it's not applicable all the time but still working so I already have an advantage using this indicator. An indicator most likely will work on high volume coins because many traders are also using it so you will have the same support/resistance level.

As of this day, short term trading is not so good. Cryptomarket is at the losing state, maybe you should try investing/buying as of this time. Hodl it dor a while.

Short-term trading is not very profitable in trading,
if you want to get bigger profits you can trade or invest long term, even though with a greater risk compared to investing or short-term trading

If you like for trading dayli or short term you should look and research for good news or if you an expert you can read the statistic, for now please look at  bitcoin diamond.

I dont think short term trading is profitable nowadays. Not now that market is bleeding and all altcoins value continously going down.