Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tkentcrypto on February 11, 2020, 08:40:52 AM



Title: ALT Coins To Day Trade
Post by: tkentcrypto on February 11, 2020, 08:40:52 AM
Best : WAVES
Good: BAT LINK XTZ

Coins to Day Trade does not mean mindlessly buy these assets and hope the price go up.

It means  these coins have established trends and decent liquidity making them ideal for day trading.


Title: Re: ALT Coins To Day Trade
Post by: wozzek23 on February 11, 2020, 03:02:37 PM
Any Altcoins which are having decent volume can be good for day trading. Moreover, I never recommend anyone to go for day trading because it is highly riskier than what most of the crypto adopters are doing, i.e. holding. We must need to notice here that all the altcoins are not good for holding but selective coins like reputed coins which are into markets for years could be suitable for long term holding.

Some altcoins are having good volume in only few exchanges then those coins are good for trading only in those particular exchanges and not across all other exchanges or not good for trading in general. Overall, you must need to confirm first that the coin, you are going to trade is having enough volatility within a day so that you can make some profits out of it.


Title: Re: ALT Coins To Day Trade
Post by: XCANA on February 11, 2020, 03:16:24 PM
Thus depends on the concern trader, am a day trader and a long-term trader too. Currently, my trade is short-term because of the ongoing altcoins positive moments. Levl has been an altcoin that I found a good profit in and had made some good time with it today.

Trading is all about strategies and when one work for yourself you keep it for gains. Altcoins without prospect aren't good to trade with because they lack volume in most cases accept they're be pump.  My day trading is done without emotions and it yield profit to me.


Title: Re: ALT Coins To Day Trade
Post by: Winscosinally on February 11, 2020, 03:44:26 PM
Any altcoin with huge volumes can be use to day trade, volume and liquidity is the only thing that matters, this is why bitcoin is the most favoured to traders and I prefer bitcoin to usdt trading because of its good liquidity on all top exchanges


Title: Re: ALT Coins To Day Trade
Post by: masterrex on February 11, 2020, 03:56:09 PM
Best : WAVES
Good: BAT LINK XTZ

Coins to Day Trade does not mean mindlessly buy these assets and hope the price go up.

It means  these coins have established trends and decent liquidity making them ideal for day trading.
I think it depends on the market condition, I previously trade using waves but due to the previous market condition I put it on hold and my waves coins stayed in my Binance wallet and today the price was slowly rising up, I hope it will surpass to two dollars again soon.
Tezos was also shown an impressive rally. Luckily I'm also holding some of these coins started in 2019, the truth is all of you are mentioned was indeed a good choice.


Title: Re: ALT Coins To Day Trade
Post by: mahilchii on February 11, 2020, 04:11:00 PM
To me I never want to do day trading because it is more risky, day trading is not for everyone and there are lot of stuff you want to before day trading. Holding an asset for couple of hours and expecting some big return is not so easy, also day trading works on speculations but there is no guarantee. So I do not prefer day trading.


Title: Re: ALT Coins To Day Trade
Post by: bittraffic on February 11, 2020, 04:32:43 PM


If we are to look at volume for a project to be a good coin to trade, there are better altcoins than WAVES nor that BAT LINK and XTZ. EOS and LTC goes trillion$ in a day.  EOS seem much better to trade for the price jumps good and then there's TRX which its price almost don't move but maybe those who trade on TRX has the millions for them to trade easy.


Title: Re: ALT Coins To Day Trade
Post by: ansi on February 11, 2020, 06:39:13 PM
Well, if your post was couple days ago, i would've told you about HBar (Hedera). This blockchcain is the one of the best for sure, it's a long term investment with promising ROIs with the right bull run & cryptosphere mood.