How to know which coin is more stable for day trading

[Kankaung]

Current price for top 20 coins are decreasingly a lot. Before doing crypto currency, I understand that there is the way to get the profit whatever market is up or down. What the current situation is price for bitcoin or altcoin are up for a bit only. Then, it is down for too much.

I feet that trading is more from auto bot. They block the way. Then, it is disappeared. Also share with us what is your safer way for day trading? Are you looking at 30 minutes or 1 hour chart before you start the trading? Is there any way to know that which coin is more stable for day trading? Thank you.

[freezzeer]

In these days  day trading is to risky.All depends on king BTC.If we think to day trade we must select a coin that have good volume,good team and good community 

[manggis97]

In this market crash, all altcoin was dumped hard and only BTC look stay strong.  To make profit in this situation of market will be more difficult because we dont know where is the bottom.  For the better wait more longer to predict better where is the deepest price. But if you want to trade,  is better trade only BTC because in the market now dominance by BTC more than 50% that mean many trader sell altcoin for BTC.

[icecube45]

To find out which coins are stable in my opinion is enough to see the fluctuations in the market of each coin. Stable coins have small fluctuations and do not fluctuate greatly. But sometimes the fluctuations can go down, so it's better to look for those who tend to rise. Before starting trading it is better to see the market to find out the fluctuating conditions of the coin so that it can determine which coin is better to use in trading.

[Sereda_Rostislav]

If we consider altcoin to bitcoin, then it is important to compare the graphs. And to understand how it correlates with the main asset - the BTS. Since most altcoins in the bitcoin strait fall with it. And here it is important to find the coin that reacts least to the drop of bitcoin.

[Yramesor0]

I normally refer to 99Bitcoin apps when I need to see the price movement in the market. It is listed in there the top 100 coins. These prices are closely correlated with coinmarketcap so there are no big differences in terms of value. Yes, I agree with one of our mates here saying that at least for now, BTC remains stable in the market. So I guess, the best coin now is bitcoin.

[Baofeng]

Current price for top 20 coins are decreasingly a lot. Before doing crypto currency, I understand that there is the way to get the profit whatever market is up or down. What the current situation is price for bitcoin or altcoin are up for a bit only. Then, it is down for too much.

I feet that trading is more from auto bot. They block the way. Then, it is disappeared. Also share with us what is your safer way for day trading? Are you looking at 30 minutes or 1 hour chart before you start the trading? Is there any way to know that which coin is more stable for day trading? Thank you.

Well I considered bot as one of the main problems during the last crashed. I mean when traders uses it and leave it overnight and set up their parameters, so bots can manipulate the price and by placing orders which accounted for the most shorts or day trading. As for your questions regarding which coins is stable for day trading, I doubt you will find one, perhaps you can go to https://coinmarketcap.com/gainers-losers/ and see which coins are currently hot and being pump, and if you want to join them its your choice.

[matthewoz101]

Volume is your key. Trade coins that have at least 100+ BTC trading volume. They'll be more "stable".

In terms of searching for "good buys", I use fib retracement over the 1 day or 8 hours. Finding coins that are good for the long term, as well as the short term, will lead to the most success. I also look for social news and new exchange listings before buying new alt coins. I use the 1-2 hours RSI for swing trades. Sometimes shorter if the volume is higher.

[hoavantathan]

Bitcoin is the most stable coin for day trading. All coins base on it. Of course you need more money than usual to get more profits from bitcoin. And you should protect your wallet.

[Ctn]

It would be hard to tell how to choose a coin for the day trade because most of the crypto currencies are behaving in the same fashion these days and thus choosing a one with good profit window over short period of time (i.e 30 min to hours etc) is very much difficult. Spotting the difference like that I believe one should start looking after the coins which are above Top 50. or 100 but are having good trade volumes for the 24 hours. Know why?? Because these are the coins which are not really getting affected with the movement of rest of the market. They are cheap and somehow they are getting spiked very nicely in short terms. May be these coins can be used for the purpose.

[KXC247]

So far in trading, their is nothing like stable coins in my opinion. Day trading is very risky and you need to trade coins that have volume. This is what I think you wanted to say because every coin is highly volatile

[vv181]

Day trading in the bearish market is too dangerous. I don't think any experienced trader would do it anyway. I suggest you still want to day trade I think the best coin is only Bitcoin right now Since all the cryptocurrencies dictate Bitcoin market, and BTC has the highest market cap.

[Gembul0705]

If you see percentage of total market capitalization(dominance) at coinmarketcap bitcoin now have 56.63%. I think if you want trade you should buy bitcoin because many investor now change their alt to bitcoin. This mean if the price bitcoin go up altcoin will be down but if bitcoin down alt will be dump and if bitcoin sideways maybe altcoin will be correction up or down. So if i want to trade i will choose bitcoin. But it is too risk if you want to day trader now.

[hugeblack]

The safest way = the least profitable way. If you are looking for less risky profits, then crypto market is not a suitable place, you can get caught up in more stable and less dangerous investment.[1]
The least dangerous currencies are those that have real projects "not top 10 market cap" and are not bump/dump shitcoins.
You can choose any one of these crypto "that have real project", check the good news about it "hardfork, accepted, added to platform,..etc "and then invest the amount you can afford to lose.
If you want a stable coin and high return, HODL bitcoin.

[1] https://www.moneycrashers.com/safest-investments-for-your-money/

[nicolas1979]

Current price for top 20 coins are decreasingly a lot. Before doing crypto currency, I understand that there is the way to get the profit whatever market is up or down. What the current situation is price for bitcoin or altcoin are up for a bit only. Then, it is down for too much.

I feet that trading is more from auto bot. They block the way. Then, it is disappeared. Also share with us what is your safer way for day trading? Are you looking at 30 minutes or 1 hour chart before you start the trading? Is there any way to know that which coin is more stable for day trading? Thank you.

You can try any strategy you want but all will fail in this situation. Even you have the best bot to run your strategy it will make you lost asset in short time. See the market condition right now, do you see any opportunity there?. At this time stop enter the market and come back again next year for your own good.

[kate.poisonglen]

Ethereum is very stable. It is vary stable at going down these days.
To be honest, I wouldn't risk day-trading on a falling market. It's a dead case.

[Kankaung]

Ethereum is very stable. It is vary stable at going down these days.
To be honest, I wouldn't risk day-trading on a falling market. It's a dead case.

Yes. I have bought the ethereum. Price is significantly down and it is only worth for 30% of my original price. I am still finding which is the best way to do it. :’(

[Kankaung]

Current price for top 20 coins are decreasingly a lot. Before doing crypto currency, I understand that there is the way to get the profit whatever market is up or down. What the current situation is price for bitcoin or altcoin are up for a bit only. Then, it is down for too much.

I feet that trading is more from auto bot. They block the way. Then, it is disappeared. Also share with us what is your safer way for day trading? Are you looking at 30 minutes or 1 hour chart before you start the trading? Is there any way to know that which coin is more stable for day trading? Thank you.

You can try any strategy you want but all will fail in this situation. Even you have the best bot to run your strategy it will make you lost asset in short time. See the market condition right now, do you see any opportunity there?. At this time stop enter the market and come back again next year for your own good.

Thanks for the suggestion friend! 👍👍
Whatever price is up or down, I notice that it is manipulated by auto bot. I believe that our human will not drug down the market price to lowest level. Correct me if I am wrong? 🤔🤔

[Vangar]

Current price for top 20 coins are decreasingly a lot. Before doing crypto currency, I understand that there is the way to get the profit whatever market is up or down. What the current situation is price for bitcoin or altcoin are up for a bit only. Then, it is down for too much.

I feet that trading is more from auto bot. They block the way. Then, it is disappeared. Also share with us what is your safer way for day trading? Are you looking at 30 minutes or 1 hour chart before you start the trading? Is there any way to know that which coin is more stable for day trading? Thank you.

Although we do have articles regarding bots in crypto trading, the first thing we say to our readers is that investor should handle bots - not bots them. They are merely a tool for automating processes that would take too long if done manually. As for day trading coins, many can work out for you - if you know how to day trade, that is. Thus, we would advise to first really educate yourself about day trading using youtube videos and free educational sites from both independent sources (https://www.cryptocointrade.com/education/) and from trading platforms themselves.
Bitcoin and altcoin market is very volatile and all coins behave similarly as well. You will hardly find a single cryptocurrency that is constantly stable for long periods of time.

[Kankaung]

In these days  day trading is to risky.All depends on king BTC.If we think to day trade we must select a coin that have good volume,good team and good community 

Yes. Day trading is so risky. Thanks for the comment.