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Author Topic: Coins for Day trading  (Read 811 times)
mikyadel (OP)
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September 29, 2017, 09:31:26 PM
 #1

hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !

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September 29, 2017, 09:33:44 PM
 #2

Pretty much all coins will have some fluctuation in price, personally I like to go for cheap coins (under 1k satoshi) as I think that I can get the best margins on these and often there aren't too many whales who can greatly influence the price.

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September 29, 2017, 09:41:11 PM
 #3

every coins have their own day and we do not know which one is the best for you to do it.
but if you want to do a daily trading you should choose the top cryptocurrency or just stick to Bitcoin.
you need a lot of volume to get profit for every trade that you will do,
so choose top 5 Cryptos based on coinmarketcap or volume total on your place for doing this.
if you do not know about them at all,just do Bitcoin trade.
you can get a lot of money if you understand and know how to read the market.

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entebah
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September 30, 2017, 12:49:39 AM
 #4

hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !
DGB soon there is good information in early October, there is always a risk and you have to make a good choice.

Boseda
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September 30, 2017, 08:19:09 AM
 #5

hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !

Well, look at the charts and see which coin has more volatility. Then pick the right exchange, the one with bigger volumes and buy that coin.
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September 30, 2017, 08:27:40 AM
 #6

My criteria for a coin to day/swing trade is a coin having a high volume.
and price with four to six digits of satoshi.
Then if I see the price is in bottom based on charts then I just put a bid where I think will most likely be filled.
I put my price bid in spreads.
Once my buy order is filled I wait for price recovery then I can sell in profit.
I hope this gives you an idea.
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September 30, 2017, 09:22:31 AM
 #7

The coin that best fit of what you are looking for would be Bitcoin itself. It is always fluctuating daily so if you do day trading, I think Bitcoin would be the best coin. And it also depends how much your capital is or how much you are willing to spend for day trading.
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September 30, 2017, 09:51:47 AM
 #8

most of the coins are viable options. I think you need to learn day trading first before looking for coins that you can use for day trading, since if you knew it already you wouldn't be asking this question.
for day trading you want something that has enough volume, a good packed order book and also most importantly a volatile price but predictable volatility. for that as I said most coins from bitcoin down to most little altcoins with high volume (good liquidity) can work well enough.

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kidsuzudn
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September 30, 2017, 10:28:18 AM
 #9

Coin for daily trading is better rank around 45-100 . Cause it needs the high volitality to earn the profit, the more high volatile the more profit you can earn for daily surfing. But be careful, choose the right moments for selling or buying is the key in this situation. You should follow some experts on twitters. They give many good advices that i think you should consider about it.
mikyadel (OP)
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September 30, 2017, 05:45:40 PM
 #10

every coins have their own day and we do not know which one is the best for you to do it.
but if you want to do a daily trading you should choose the top cryptocurrency or just stick to Bitcoin.
you need a lot of volume to get profit for every trade that you will do,
so choose top 5 Cryptos based on coinmarketcap or volume total on your place for doing this.
if you do not know about them at all,just do Bitcoin trade.
you can get a lot of money if you understand and know how to read the market.
problem is top 10 coins have like steady price ,so i can't get profit . i need some fluctuations

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September 30, 2017, 06:07:33 PM
 #11

hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !


Yeah sure you can just hit the exchanger and look around it, every coin fluctuates a lot in the prices and this will keep happening more or less in regards with bitcoin price in the market.
Ripple and monero had gone wild since last week so you can try checking out them. For next fluctuations you can consider ethereum becuase it will be going through the hard fork real soon. Again we will see the same story of panic selling and stuff leading to downward movement of the coin and you can have chance to trade that after buying low. But to be honest all the coins are fluctuating always.
mikyadel (OP)
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September 30, 2017, 07:51:23 PM
 #12

The coin that best fit of what you are looking for would be Bitcoin itself. It is always fluctuating daily so if you do day trading, I think Bitcoin would be the best coin. And it also depends how much your capital is or how much you are willing to spend for day trading.
bitcoin is good but need much capital to trade and i don't have that now

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September 30, 2017, 08:33:55 PM
 #13

hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !

I think you an do that with almost every coin. Just go to https://coinmarketcap.com/ and see choose any of those coins listed there, and see if you can find an exchange that supports them. You should be guaranteed for some action if you choose to trade on any of them. If you are as bad as me, I wouldn't recommend it though. Good luck to your trades, and let us know how it goes for you. Right now I would go for Neo, but to hold and not daily trade.

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September 30, 2017, 08:54:42 PM
 #14

Bitcoin is definitely the best but you'd need to have a few of them to make a good profit.

Renai0925
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September 30, 2017, 08:59:23 PM
 #15

All coins can be good for day trading since it involves only what is trending. But looking at all altcoin news can be exhausting. So just pick 3-5 altcoin and stick with them, alternating if needed depending on which is having a trend. Read news on what your chosen coins and read the emotions if you can. Currently i'm trading ethereum and neo.

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Kingofbitcoin12345
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September 30, 2017, 09:22:48 PM
 #16

hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !

Don't look much farther for it might be at front,, bitcoin is one most common day trading cryptocurrency coins in the market today.. It has almost an instant fluctuation of price every seconds and it can change drastically in a day.. You don't have to have much capital to do this,, it only needs good strategic planning.. If you profit,, add more coins until it's accumulated to a much bigger investment..

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September 30, 2017, 09:57:50 PM
 #17

All coins can be good for day trading since it involves only what is trending. But looking at all altcoin news can be exhausting. So just pick 3-5 altcoin and stick with them, alternating if needed depending on which is having a trend. Read news on what your chosen coins and read the emotions if you can. Currently i'm trading ethereum and neo.
i do not think that every coin is good for day trading, although i person not interested in day trading but still if a person have some experience in day trading still he need to select a good coin, where there is a good fluctuation in its price, so that he can get chance of making money by investing in a low position and can even get a chance to sell the coin in comparatively high price on same day.
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October 04, 2017, 04:07:20 AM
 #18

hey ,
can u tell what coins have fluctuations in price that i can do day trading on ?
p.s: i'm not looking for investment just day trading !
On the poloniex we can choose the alternative coins are increasing in the price about +2-3% usually the up trend will continue to be more increasing, I choose that open buy and hold couple hours and I sell them to taking profit daily,
the weaknesses of this methods for me, I must stay in the computer it takes my time and it is not too nice to the traders who doesn't have much time, I must doing cut lost if the price changes trend to be decrease.
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October 04, 2017, 04:09:55 AM
 #19

ZRX token is very cheap for now. You can buy it and You can get profit for short term.
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October 04, 2017, 04:21:58 AM
 #20

Any coin that fluctuates, but not too much. It's pretty hard to find a good one to day trade.  Grin
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