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Author Topic: Please advise me which coins best for the day trading  (Read 24097 times)
Cpt. Africa
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January 15, 2019, 07:55:04 AM
 #61

For me, the best coins to day trade are ones with a market cap between 10 and 100 million and at least 1/8 of that in daily price action. These coins have the highest probability of doubling or even tripling in a day.
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January 15, 2019, 08:41:04 AM
Last edit: January 15, 2019, 09:20:49 PM by Ewinsane
 #62

I have seen many times; in low volume exchanges, prices are not at all reflecting compared to major exchanges. But, catching every swing is more important for day trading. By considering these, I am suggesting to go for major exchanges so that you could find all your needs for your success with day trading. My bottom line suggestion : please switch to long term trading in cryptos if you find you are not good with day trading one day or another.
You are accurate with your suggestion. We may go for trading any coin but we need to make sure that we are having enough volume within our exchange otherwise we may need to go for another coin or need to switch the exchange for one particular coin. I believe no one will be changing exchange for the reason finding high volume coin but they will most probably look for another coin within the same exchange.

This is because technical analysis will be same for all the coins then there will be no one particular coin will be the best for day trading. Also, we must look into other impacting things for choosing a coin for trading like what are the factors which will be helping profit making.
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January 15, 2019, 01:19:49 PM
 #63

I have seen many times; in low volume exchanges, prices are not at all reflecting compared to major exchanges. But, catching every swing is more important for day trading. By considering these, I am suggesting to go for major exchanges so that you could find all your needs for your success with day trading. My bottom line suggestion : please switch to long term trading in cryptos if you find you are not good with day trading one day or another.
You are accurate with your suggestion. We may go for trading any coin but we need to make sure that we are having enough volume within our exchange otherwise we may need to go for another coin or need to switch the exchange for one particular coin.
Enough volume is one thing, it should represent how many people are trading on specific platform, more people is always better. When it comes which coins is the best for trading I need to say the ones with highest range in fluctuations, bitcoin is still the best for day trading. I am now mid and long term trader, I lost more than I made with day trading, and I learned in hard way how better is to be mid and long term trader, you don`t need to be active all the time, you just need to have good feeling about some coins and to try to buy them on time, sooner or later good project always make a nice progress and good profit for all supporters.



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Rainbot
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January 15, 2019, 02:39:43 PM
 #64

I have seen many times; in low volume exchanges, prices are not at all reflecting compared to major exchanges. But, catching every swing is more important for day trading. By considering these, I am suggesting to go for major exchanges so that you could find all your needs for your success with day trading. My bottom line suggestion : please switch to long term trading in cryptos if you find you are not good with day trading one day or another.
You are accurate with your suggestion. We may go for trading any coin but we need to make sure that we are having enough volume within our exchange otherwise we may need to go for another coin or need to switch the exchange for one particular coin.
Enough volume is one thing, it should represent how many people are trading on specific platform, more people is always better. When it comes which coins is the best for trading I need to say the ones with highest range in fluctuations, bitcoin is still the best for day trading. I am now mid and long term trader, I lost more than I made with day trading, and I learned in hard way how better is to be mid and long term trader, you don`t need to be active all the time, you just need to have good feeling about some coins and to try to buy them on time, sooner or later good project always make a nice progress and good profit for all supporters.



I think Bitcoin and most useful cryptocurrency for all type of business so I can recommend is currency into our business you can definitely get profit from this crystal when device is also a very less so you can try the Bitcoin day trading currency.
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January 15, 2019, 04:11:52 PM
 #65

Only Bitcoin and Ethereum are the best coins for the day trading.i always trading in each ethereum and Bitcoin.

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January 15, 2019, 04:23:25 PM
 #66

Only Bitcoin and Ethereum are the best coins for the day trading.i always trading in each ethereum and Bitcoin.
if in my opinion it's not good if bitcoin and ethereum are used as daily trades, because to get a big enough profit it's very difficult. and both of these coins are also used as long-term trading if I am alone

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January 24, 2019, 10:38:16 PM
Last edit: February 07, 2019, 11:07:36 PM by drachman
 #67

In day trading as you can see each tokens in the market that you have chance to choose every coins that growing up everyday in coinmarketcap is the best coin to buy in every your gonna trade so join up if it's pumping.l for its price.
I know that every coin experiences price changes up and down. but not all are good for day trade. especially if you are looking for
safely and avoid shit coins. then look for coins in the top marketcap. trustworthy and price changes can benefit to you
If you are looking to day trade then you only need to look for the volume of that coin, you do not need to worry that much about the long term prospects of a coin since you are not going to hold that coin even for a day so do not waste your time on that, however day trading is the most difficult way to trade and should only be practice by those with experience in the markets.
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January 24, 2019, 10:47:38 PM
 #68

In day trading as you can see each tokens in the market that you have chance to choose every coins that growing up everyday in coinmarketcap is the best coin to buy in every your gonna trade so join up if it's pumping.l for its price.
I know that every coin experiences price changes up and down. but not all are good for day trade. especially if you are looking for
safely and avoid shit coins. then look for coins in the top marketcap. trustworthy and price changes can benefit to you
If you are looking to day trade then you only need to look for the volume of that coin, you do not need to worry that much about the long term prospects of a coin since you are not going to hold that coin even for a day so do not waster your time on that, however day trading is the most difficult way to trade and should only be practiced by those with experience in the markets.
For me,i still prefer with btc and eth.They still make good income for day trade.But it won't be a guarantee that you will make good profits if you yourself cannot cope up with the risks it has.Day trading is quite harder and more risky than long term trading so atleast you should be a good trader or even experienced trader so that you can minimize losses and maximize your profits.

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January 26, 2019, 01:25:30 PM
 #69

Quote from: SARA ISLAM my
.olink=topic=5088103.msg48808549#msg48808549 date=1545423187
pop
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
Much better if you study and learn first technical analysis if you are planning to day trading as it is much riskier thang ling term trading. There is no specific coins that is good for day trading since all ccoins can be profitable in just a day you just only need to do research to them and have technical analysis as one of your day trading signal.
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January 26, 2019, 01:56:53 PM
 #70

Only Bitcoin and Ethereum are the best coins for the day trading.i always trading in each ethereum and Bitcoin.
if in my opinion it's not good if bitcoin and ethereum are used as daily trades, because to get a big enough profit it's very difficult. and both of these coins are also used as long-term trading if I am alone
ETH and BTC doesn’t move so much in the past days and yes its not good to trade with that. Better to look for other coins where you can trade well daily. If you don’t know what to buy its quiet risky for you, don’t just depend to anyone on what and when to buy, trading is more on research activity.
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January 26, 2019, 02:17:45 PM
 #71

Quote from: SARA ISLAM my
.olink=topic=5088103.msg48808549#msg48808549 date=1545423187
pop
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
Much better if you study and learn first technical analysis if you are planning to day trading as it is much riskier thang ling term trading. There is no specific coins that is good for day trading since all ccoins can be profitable in just a day you just only need to do research to them and have technical analysis as one of your day trading signal.
Agree, there are no fixed and good coins for trading daily because the market trend and the needs of investors and traders are very different every day, and to know these trends, we need to analyze relevant information and news, the process is quite complicated and that is why trading days is not an easy task. In short, when we are a day trader, our skills and experience will determine the rewards we receive, we are not dependent on coins because focusing too much on one goal only makes us bound and miss many other opportunities in the market

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January 26, 2019, 02:35:19 PM
 #72

Research is the best thing that we can used in order for us to find a suitable coin in day trading. You should check coinmarketcap.com and study the past charts and graphs of all top 50 coins. The top 50 coins are the cryptocurrencies that are good in day trading.
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January 26, 2019, 03:19:21 PM
 #73

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

I'm not that kind of experts in crypto business dude, But base on my research about the coins you stated in the above, cardano(ADA) is the most good and effective choice if you trade it in the market pal. Then, ADA is much more have a good future rather than XRP and RVN. So, I think your 2000$ remaining capital budget will not be turn into nothing instead it will give you a good profit in the end as long as you are doing the right things in trading dude.

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January 26, 2019, 03:40:31 PM
 #74

Research is the best thing that we can used in order for us to find a suitable coin in day trading. You should check coinmarketcap.com and study the past charts and graphs of all top 50 coins. The top 50 coins are the cryptocurrencies that are good in day trading.
Top 50 coins from the coinmarketcap are actually the coins who are not stable and their price varries a lot as per the time passes by. This is because they have huge demand and a large number of traders buy/sell them hiking the demand and indirectly moving the price for them which gives us the ease for us to make profits by trading them on short term.
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January 27, 2019, 01:03:40 AM
 #75

Research is the best thing that we can used in order for us to find a suitable coin in day trading. You should check coinmarketcap.com and study the past charts and graphs of all top 50 coins. The top 50 coins are the cryptocurrencies that are good in day trading.
Top 50 coins from the coinmarketcap are actually the coins who are not stable and their price varries a lot as per the time passes by. This is because they have huge demand and a large number of traders buy/sell them hiking the demand and indirectly moving the price for them which gives us the ease for us to make profits by trading them on short term.


Yes you are right it changes every time when the top 50 coins varies from top to bottom but the decision will always made by the investors to make his profit by his own decision then the market will not stable it will also be reminded by our self to make it more stronger.

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January 27, 2019, 01:58:59 AM
 #76

For me, the best coins to day trade are ones with a market cap between 10 and 100 million and at least 1/8 of that in daily price action. These coins have the highest probability of doubling or even tripling in a day.
Thats a good idea, with large marketcaps of course the price movements in the market will be much faster, you can trade
several times a day and you can double or triple profit, just choose coin with large marketcaps
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January 27, 2019, 02:28:51 AM
 #77

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

I agree with XRP and you can continue with ETH, those are great choice for daily trading method. You have enough asset to start day trading because this method have small range and 1 - 3 days usually will closed. Day trading become realistic choice to make money in this red market, try it when open market ( same like forex ) and always set your stop loss before open position.

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Tungsten-1
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February 05, 2019, 02:45:09 PM
 #78

Only Bitcoin and Ethereum are the best coins for the day trading.i always trading in each ethereum and Bitcoin.
if in my opinion it's not good if bitcoin and ethereum are used as daily trades, because to get a big enough profit it's very difficult. and both of these coins are also used as long-term trading if I am alone
ETH and BTC doesn’t move so much in the past days and yes its not good to trade with that. Better to look for other coins where you can trade well daily. If you don’t know what to buy its quiet risky for you, don’t just depend to anyone on what and when to buy, trading is more on research activity.
I am not agree with you dude because you rejected they two king of market which is best choice and first priority for me but if it is not for you there must be some reason, according to me instead of wandering here and there again just focus on bitcoin or ethereum because it is not very high in price but both of them are having an excellent market record so just go for bitcoin first.
Aivaryamal
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February 05, 2019, 03:38:11 PM
 #79

You do not need to look at the price of the cryptocurrency, it is desirable to observe its volatility during the week, to know the average value of its movement during this time and with patience to get a few percent per week
wayancrypto
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February 06, 2019, 08:49:45 AM
 #80

Normally all crypto will be going up and down at the same times with different gainer, and so far i have seen TRX, WAVES, XRP, ADA has more gainer than Bitcoin when the Crypto uptrend. All crypto that include top 100 is good for day trading, but for swing trading choose some of them that has better fundamental.

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