Please advise me which coins best for the day trading

[johncarter123]

There are plenty in the market. I have experienced good gains on on my personal experience.

High precaution has to be taken when one decides to invest in crypto coins. It may make your gain exponentially high, at the same time may make you lose your fortune too. The question itself depicts, the user has basic understanding of the underlying risks of day trading crypto coins.

My strategy - start each day afresh. Study the market trend, analyse carefully which one is doing well(good 30 mins will do). I prefer cross examining the price fluctuations in different Cryptocurrency Exchange Software. Then I would begin buy/sell and vice versa. It’s obvious, you lose some and gain some. One has to learn to balance both in order to survive. It’s only time and experience - that teaches how to survive everyday.

Based on your geographical location you may choose to invest in the following:

• XRP - Ripple
• KIN - KIN Coin
• XLM - Stellar Lumens
• IOST - IOSToken
• FUN - Funfair
• XVG - Vege
• RPX - Red Pulses
• TRX - Tron
• LTC - LiteCoin
• PLR - Pillar

[1715383670]

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[Thermytee]

There are plenty in the market. I have experienced good gains on on my personal experience.

High precaution has to be taken when one decides to invest in crypto coins. It may make your gain exponentially high, at the same time may make you lose your fortune too. The question itself depicts, the user has basic understanding of the underlying risks of day trading crypto coins.

My strategy - start each day afresh. Study the market trend, analyse carefully which one is doing well(good 30 mins will do). I prefer cross examining the price fluctuations in different Cryptocurrency Exchange Software. Then I would begin buy/sell and vice versa. It’s obvious, you lose some and gain some. One has to learn to balance both in order to survive. It’s only time and experience - that teaches how to survive everyday.

Based on your geographical location you may choose to invest in the following:

• XRP - Ripple
• KIN - KIN Coin
• XLM - Stellar Lumens
• IOST - IOSToken
• FUN - Funfair
• XVG - Vege
• RPX - Red Pulses
• TRX - Tron
• LTC - LiteCoin
• PLR - Pillar

I'll go with your picks and also add some - veil, ppt, Gexan , xrp and Eth. So much strategy has been given over time and they all come out in profits. No matter how much of a guru you are, never leave funds in exchange

[777Jolami]

Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD

Day trading needs an average trading volume and there is enough volatility to make a profit. should analyze, assess the safety and leverage level of the trading platform you decide. It also affects the profit generated based on your plan and judgment. Add LTC to take advantage of recent FOMO and ETH. Refer to the coins with large trading volumes.
https://coinmarketcap.com/exchanges/volume/24-hour/

[idham29]

Now I think it would be right to pay attention to those altcoins that will conduct a listing on such a top exchange as Binance, you could already see how this affects their price growth

I suggest buying bitcoin because it's growing and the price is getting more expensive. In other words, the profits obtained when buying now and one or two weeks later going up certainly make a profit.
To buy an existing altcoin because it is not risky and is widely traded on the exchange, namely Ethereum and Litecoin. The two coins grow and the price rises so that coin investors are likely to be able to increase their capital from the profits obtained.

[fullhdpixel]

Go for Ethereum as this cryptocurrency has high liquidity, usually ranked #2 or #3, right below the BTC, and also suits your budget. You will never have trouble to buy or sell this cryptocurrency. Also, it has a loyal community, thus its value has a high probability of staying stable and rising in the long run.

Volume or good liquidity is the most important if you are day trading, but you cannot expect that the same coin will always be volatile.
The market has billions of trading volume now, if you are trading with less than a million a day, you'll never find it hard to find a high volume coin to trade.

Some of these older coins now are really lacking volatility for trading because investors are more particular about investing in newer projects now, so if any trader is to really consider volatility or volume, I think new projects and very few of these top coins will do it, but not ripple.

I wonder how much ripple was when the op posted this topic, if he had invested or traded ripple then, I am sure that he will be full of regrets by now, while Bitcoin still remain the only coin that one can always guarantee its volatility for trading for the next 5 years, because time is also coming when Bitcoin will really not have any volatility again.

[Thanasis]

If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.

[Lanatsa]

If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.

About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out
for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.

[seleme]

If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.

About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out
for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.

There are tons of online resources for measuring hourly volume for the specific con on big exchanges. Even arbitrage sites provide this type of information for free. Bitcoin margin traders can use the Bitmex API based analyze sites for understanding the market trading sentiment before opening a day trading position.

[Lanatsa]

If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.

About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out
for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.

There are tons of online resources for measuring hourly volume for the specific con on big exchanges. Even arbitrage sites provide this type of information for free. Bitcoin margin traders can use the Bitmex API based analyze sites for understanding the market trading sentiment before opening a day trading position.

You are right where there are really lots of online resources which you can make it as a tool or reference on checking out daily prices/volumes.
If you are a trader then you would definitely consider on looking it up because its always been important to look it up.

[Nellayar]

Name: SARA ISLAM
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: Today at 11:14:12 AM
Last Active: Today at 08:18:18 PM

your account is recent, about your question:

Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD

altcoin are very dangerous, often bitcoin has a small fall, but the altcoins fall a lot just because bitcoin had a small fall, the altcoins consistently have pumps and dumps and if you are very unlucky and buy at the top, you caba time many losses, that's why I give the same advice that @ Maxpips gave

You can't judge the book by its cover. Yes, he is newly in this forum. But do you really know who the OP is? We know that being a newbie rank here have don't enough knowledge in trading. That is a wrong premise. We should also look them as a trader before they join in this community. Remember, not all people came here just to have bounties but also to inquire and invest.

[wawanlindu]

Now I think it would be right to pay attention to those altcoins that will conduct a listing on such a top exchange as Binance, you could already see how this affects their price growth

Just like I did. The first time I trading in binance, I aim for a coin that was just registered in binance and do a small analysis of the graph of the coin in the coinmarketcap. When I'm sure, I will choose the coin for trading.

[Thanasis]

If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.

About volatility then Bitcoin would really have it but when the market is somehow stabilized or sideways then you can opt out
for another top altcoins in the market.Just seek out for huge volume changes on 24 hours and you can spot it out.

Bitcoin even never failed to swing but the percentage might be less compared to shit altcoins.Just from coinmarket cap we can find which are the most volatile coins in the last 24 hours but there is no assurance that the coin will move same as that on the next day so investing on them has huge risks.

[Aivaryamal]

Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt

[joshy23]

Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt

400 assets?? wow how can you manage to update yourself with that range maybe 10 -15 assets might be find and you can cater which coins is moving positively and which are not performing well, from that point it's easier to manage but if you can work with that then your choice I guess.

[guoyu78]

You can almost daytrade on any coins if you already know how to properly use technical indicators and price actions. Technical analysis can help you execute your trading successfully, through careful analysis of historical data and focus on price, volume, and related indicators it is possible to identify patterns and predict outcomes. But some traders don't use indicators often and they still manage to trade successfully in their trading. But I believe that these traders who chart ‘naked’ or without any indicators with success are already experienced and they only use indicators to supplement their analysis.

I doubt if technical indicators will be useful for some coins, and I do believe that not every coin is tradable, there are so many coins in the market that are shitcoins, and some does not even have the volume to guarantee a successful trade, how then can indicator work for them, out of many thousands of coins that we have in the market, I am not sure I can really boast of more than 100 coins that traders can trade successfully.

The best coin for any one that knows how to read chart and use indicators to trade will be the top 20 coins, and specially  Bitcoin and Ethereum, other coin are better for long term investment.

[btcmegastar]

If you want a single and best coin for all time bitcoin can be the coin suits you but if you want to make more profits from day trading then there is no definite coin it will keep changing from time to time.

Yes, you are right we have to change the coin every time because we cannot make a profit on a single coin every time. After making a profit we have to shift to another coin which has a huge potential coin which we can make a profit on a daily basis. In this way, we have to keep changing in order to make a profit.

[yvesp110]

Now I think it would be right to pay attention to those altcoins that will conduct a listing on such a top exchange as Binance, you could already see how this affects their price growth

binance give huge impact to token or coins price.this is best fomo if there is rumors about it.investors and traders easy to traded their assets.binance give hope to token holder about their asset value if listing on there.

It is a good idea keeping eyes on leading exchanges and they are also performing very well by introducing tokens and coins which are benefited ones for traders. We just need to identify the best one that is best for your investment amount. I would suggest you BNB, BCH and ETH if you have small budget. However, there is no good option other than the Bitcoin and is still affordable and good for investment right now.

[ololajulo]

Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD

In my opinion it would be very difficult for us to determine which coins are good for daily trading because not all coins will be forever good for daily trading and usually they have their own period of time being good in daily trading.

True, because there are a lot of coins but you cannot choose whether which is suitable for day trading. But i suggest that if you want a coins for day trading just buy the popular and always most choices coins by most of the traders, and makes you to earn.

Prefer on the most trusted coins by all traders,bitcoin and ethereum.They can be very profitable if you take the risks of day trading especially now that their current market price is still surging.Although long term trading with bitcoin and ethereum can give us huge profits,but it would also be great if wee keep on making profits from them consistently if we do the risks in day trading.

indeed, if we master trading, daily trading can provide big profits, because we take advantage of every opportunity, we can buy when prices in the support area and sell when prices at resistent area. but it does require expertise for that

Is a good time to join daytrading, we could see bull taking over soon and one need to make a good use of every pump and correction for reliable tokens but might take a lot of time online

[bitgolden]

Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt

400 assets?? wow how can you manage to update yourself with that range maybe 10 -15 assets might be find and you can cater which coins is moving positively and which are not performing well, from that point it's easier to manage but if you can work with that then your choice I guess.

He probably does not understand that it is not about quantity, but about the quality of what you are holding. There are so many people that have held it's of assets which in the end turns out to give very low value because of how majority of them has turned to shitcoin.

Many people who has so many assets made their choice randomly and buying extremely shitcoin believing in their heart that such coin will one day increase by 1000x to 2000x, some can, but hardly will you see any altcoins now that can give up to that again, not even during the next bull run as most of them are being dumped and forgotten before the bull run by investors.

[imstillthebest]

Now my eyes just scatter, because a lot of cryptocurrencies have started to give good profit percentages, this is most likely due to the fact that my portfolio consists of more than 400 different digital assets, pay attention to Egretia, Vidt

400 assets?? wow how can you manage to update yourself with that range maybe 10 -15 assets might be find and you can cater which coins is moving positively and which are not performing well, from that point it's easier to manage but if you can work with that then your choice I guess.

He probably does not understand that it is not about quantity, but about the quality of what you are holding. There are so many people that have held it's of assets which in the end turns out to give very low value because of how majority of them has turned to shitcoin.

Many people who has so many assets made their choice randomly and buying extremely shitcoin believing in their heart that such coin will one day increase by 1000x to 2000x, some can, but hardly will you see any altcoins now that can give up to that again, not even during the next bull run as most of them are being dumped and forgotten before the bull run by investors.

its not that bad to hoard more than a hundred of coins because in the crypto market there are also a tons of good coins and we can safely say that the rest are just plain b.s   . we wont know if the guy is an expert trader/hodler because he can handle a big portfolio and he is also picky when it comes to coin choice  but i believe that only few coins are only best when it comes to day trading and this coins are high volumed coins that people bought the most  . they are usually top coins   ( ex. top 5 , top 10 )