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October 16, 2020, 06:54:20 AM Last edit: October 16, 2020, 10:15:59 AM by DashingAgent |
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Is there any Crypto with stable change and good trading volume?
I just want to know if is there any good crypto currency on binance with a good trading volume and a stable change which means that that currency does not fluctuate too much and it is cheaper too like dogecoin? Also if that crypto recovers fast then it will be really a gold mine
IMO a stable coin is what which does not fluctuate much or remain stable in terms of profit, for example if a coin traded yesterday in 28 cents high, 20 cents low, then today it is trading in 26 cents high, 18 cents low which means that the profit is always stable, we don't need to be worried about that we will lose much if we lose any trade.
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cryptoaddictchie
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October 16, 2020, 08:50:35 AM |
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I just want to know if is there any good crypto currency on binance with a good trading volume and a stable change which means that that currency does not fluctuate too much and it is cheaper too like dogecoin?
Thats quite hard to say. Fluctuation is always part of every coins of course except stablecoins. Movement will always have depend on the project. But I noticed coti has a stable for a while and bluezelle but this can be affected by fundamentals and whales manipulation. Actually your question seems vague cause its hard to find a stable coin with a good volume that rarely fluctuates. Since Im a trader I prefer some peak and good movement but of course its still risky if bought or entry at a bad price point.
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October 16, 2020, 09:02:44 AM |
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I just want to know if is there any good crypto currency on binance with a good trading volume and a stable change which means that that currency does not fluctuate too much and it is cheaper too like dogecoin? Also if that crypto recovers fast then it will be really a gold mine
Basically you want people do your homework; so let's drop at least the prediction about price recovering, that's your job in order to decide if you should invest or not. Now, Binance is again a "strange" choice. A coin that has reached such a big exchange may be considered (it's not necessary true, obviously) to be successful or has been in the past. For "gems" smaller exchanges can be also a place to take a look. Now about the coins. * There are the stable "coins" tied to fiat currencies which won't fluctuate in theory. * There are the investment stable "coins", like GOLD, which go with the price of other goods and will not care what recovers when in the crypto space, they go on with the tied goods. These could be less fluctuating than even Bitcoin. * Actual coins are fluctuating a lot. Bitcoin is still considered by traditional trading as high risk because of this. Altcoins fluctuate even more. The price is an interesting point and not necessarily valid. You can buy small sub-units of a coin, but it may not worth to withdraw under certain amounts because of exchange's withdrawal fee or tx fees. So I'd advise you drop this requirement because it would make your life unnecessarily more difficult. I know I didn't really give you choices of coins (well, I gave you one), but you should really find for yourself the ones that suit you best. You can go to altcoin subforum and ask people to start shilling their favorites, or just search for such threads, but I don't find them that much useful.
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mk4
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October 16, 2020, 09:40:55 AM |
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As for anything else besides stablecoins? Nah. Holding anything related to cryptocurrencies that isn't a stablecoin is almost guaranteed to be very volatile in terms of price. We could say that a "gold-backed" stablecoin might work as said by NeuroticFish, but unfortunately PAX Gold(PAXG) and Tether Gold(XAUT) ain't available on Binance.
Also, if there was a coin that's stable and has the potential to go up, chances are, that coin also has a chance to go down, completely negating the "stable" characteristic that you wanted.
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stomachgrowls
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October 16, 2020, 10:52:15 AM |
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Price movement is subjective always to the demand of certain coin.You cant make any conclusion that it can really have that stable movement of 1-2% per day neither fluctuation or increasing price.
On the coin that you had said to be stable change then its just really a characteristics of it and nothing unusual because if you do base of on the entire market volume then its just normal that there would really be a high activity between sellers and buyers and its just impossible for it to stay on a certain level for a short span of time.It will always be a tug of war.
A healthy market though can be seen with price movements which arent on big scale not like on what we do typically saw on pump and dump coins.Lets just be grateful that we arent really seeing that kind of behavior on top coins in the market.If you do like to gamble then shitcoin would be a good option for you.
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sayaya17
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October 16, 2020, 02:19:18 PM |
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Hardly any stable crypto. Stable coins cannot make as much profit as you would like. Because stable coins are not affected by volatile markets. So a stable crypto coin is better suited to store value. Maybe you're not sure about Bitcoin or Ethereum. Bitcoin, ethereum, and xrp are safer than other altcoins though volatile. However, the price will quickly recover once they fall. The reason is that they have strong holders and high demand.
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ashmodeus
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October 16, 2020, 02:28:05 PM |
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well, its a kinda funny u asking something like that on crypto market , i just saw ur account has registered on 2017, which mean if u always follow market condition, of course the thing you mean doesn't really exist. mostly price movement is come by demand, trend, following movement of major coin, road-map progress and of course that thing cant make a stable at all.
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Lakai01
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October 16, 2020, 02:30:34 PM |
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-snip- IMO a stable coin is what which does not fluctuate much or remain stable in terms of profit, for example if a coin traded yesterday in 28 cents high, 20 cents low, then today it is trading in 26 cents high, 18 cents low which means that the profit is always stable, we don't need to be worried about that we will lose much if we lose any trade.
You already got some tips which coins you could look at. But I would be interested to know why you want to trade exactly these coins? Are you interested in minimizing the risks that you fear for "traditional" coins due to their price fluctuation? The coin from your example, which oscillates between 28 and 20 cents, I would call anything but stable. BTC, ETH and co do not manage a 20% fluctuation within one day.
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sheenshane
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October 16, 2020, 03:10:48 PM |
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IMO a stable coin is what which does not fluctuate much or remain stable in terms of profit, for example if a coin traded yesterday in 28 cents high, 20 cents low, then today it is trading in 26 cents high, 18 cents low which means that the profit is always stable, we don't need to be worried about that we will lose much if we lose any trade.
If you are looking stable coin doesn't fluctuate much in Binance, it might be good if you will pick (BNB) Binance coin. It has probably taken advantage when it comes to fees, when trading using this BNB in Binance it will reduce your fees to 25%. In trading, you should also consider the fees because when you used lower fees, it has a great advantage over using regular coins which is high fees. But this question comes up in my mind, why you're looking for stable coins instead of high volatility coins and high volume coin. Remember that in fluctuation you can earn profit even you just follow the basic step in trading, buy it when the price is low and sell when the price is high. If you're looking a real profit, just take a risk on high fluctuate coins.
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beerlover
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October 16, 2020, 05:09:24 PM |
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I guess there is, they change, there isn't just one, but that idea does happen time to time and you have to find that and hit that trade very quickly before it changes. Why? Because when there is a coin that is as perfect as you request, which does happen, people all jump into it, when they do jump into it they make the volume skyrocket which makes the coin be more known and that causes people to actually trade it up and down and suddenly if they are not seeing what they like the price crashes and it takes a while to recover while many leave because of it, and rest just becomes a community and coin ceases to be what you ask from it.
So, the answer is yes, there are ones like that, but that requires you to be a bit more researching to see what is the coin of the month constantly.
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dothebeats
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October 16, 2020, 06:48:16 PM |
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I would not seek Binance as a platform for such trades if you're looking for huge "profit-makers" since those are found on smaller exchanges where whale influence is still present and the exchange doesn't care at all. There are a few on my books that I have been looking at on Bittrex though once a currency has been 'moved' into higher highs, most probably it will not see the same thing ever again since people have already milked the hell out of it. For stable coins suggested here, I wouldn't really rely on trading them to make a profit since the changes are a really, really slow that you need to have a ton of those coins in order to make some hefty sum. But this question comes up in my mind, why you're looking for stable coins instead of high volatility coins and high volume coin. Remember that in fluctuation you can earn profit even you just follow the basic step in trading, buy it when the price is low and sell when the price is high. If you're looking a real profit, just take a risk on high fluctuate coins.
Same thoughts as well. I'd rather bet on high volume, high volatility coins than wait on a miracle on coins which have fairly stable pricing. Sometimes these coins are those that will probably get abandoned sooner and you're end up holding some bags on you with no value. I've experienced that a lot of times since I tried to be "careful" but ended up losing some than gaining some.
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death69
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October 16, 2020, 07:21:55 PM Last edit: October 23, 2020, 03:20:27 AM by death69 |
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Bitcoin is the best option. Trading bitcoin will always generate profit for you. It is both stable and having high volume. If you are scared of the low volatile, you can choose margin trading in order to leverage your profit. I suggest trading on Binance terminal. They have an undeniably advanced platform
They also provide leverage (margin trade) for you to multiply your profit with the same trade. However, this could be dangerous for whom have never engaged with trading before. Hence, be considered before making a trade with this technique. Can they multiply your income, they can also multiply your loss
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ChrisPop
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October 16, 2020, 07:50:42 PM Last edit: October 16, 2020, 08:08:10 PM by ChrisPop |
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The example you gave - DOGE - is in my opinion much more riskier than other cryptos out there. The thing is price fluctuations are healthy for a market. If they wouldn't take place then you would see extremely violent moves in the market that would create chaos. IMO you shouldn't look for "stable" coins, but for coins who have a healthy price history. An asset which has stood the test of time has more chances to prevail.
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Wexnident
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October 17, 2020, 01:21:47 AM |
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I don't think that cryptocurrency and stable volatility could even coexist. There's stablecoin for that, but what's the sense in using them even? You could try stocks though, especially those of the big companies, since they rarely dip, mostly happens whenever something bad/wrong happens in the company, but you can easily discover that before you lose everything. Additionally, if such a "gold mine" existed, a lot of people would have entered it already, which pretty much makes profiting off of it quite difficult already. I'm hoping for the best with Bitcoin losing its high volatility in the near future, but completely losing it is impossible and the levels of how much it loses are still dependent on the future.
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boyptc
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October 17, 2020, 01:26:43 AM |
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Bitcoin is the best option.
But he's looking for a crypto that doesn't fluctuate that much. Bitcoin is always the best choice as an investment but traders have preferences. And it isn't in his choice as he looks for a coin that has lesser risk. Stable coins like USDT fluctuates a bit around $0.01. I don't think that we can give you an idea that will suit best your preference.
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cryptoaddictchie
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October 17, 2020, 07:15:20 AM |
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Also, if there was a coin that's stable and has the potential to go up, chances are, that coin also has a chance to go down, completely negating the "stable" characteristic that you wanted.
If there is one I wanna filled my bags with it. But reality doesnt have this kind of risk. How come an investment project dont fluctuates and be based on market that only goes up. Unless it being manipulated. Seen one, like tweeba with no red candles but of course very risky and being controlled by whales. Bitcoin is the best option. Trading bitcoin will always generate profit for you. It is both stable and having high volume.
OP is sensitive but we cant suggest bitcoin since we all knew that this number one token can also move up and down anytime and can vary its price instantly.
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btc_angela
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October 17, 2020, 08:18:12 AM |
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I don't know if there is a coin or crypto with the OP description. I mean crypto is very unstable and we can't really see where it is going so I don't think that there is such coin in existence as of today. Maybe on stocks, you can have this kind of stabilisation, but in crypto its very different. You really have to focus on your crypto trading and which coins to trade, otherwise you are going to suffer here. To be on the safe side, I will agree that bitcoin is the only one that we should invested, yes it's volatile but looking at the long term perspective, it could really bring you good profit.
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yangongear
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October 17, 2020, 09:56:07 AM |
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You can refer to FTT, token of FTX exchange. With an increasingly diversified and developed ecosystem, the price of FTT has been steadily increasing since its launch even though the market experienced a lot of fluctuations. It fits with the strategy of buying and saving every month.
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darewaller
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October 17, 2020, 10:24:38 AM |
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Bitcoin is the best option. Trading bitcoin will always generate profit for you.
Suggesting trading in BTC is fine but at least stay relevant to the topic because he is not seeking trading advice here. It is both stable and having high volume.
You can't call BTC as stable in my opinion because you either don't know the concept of stable coin or you must be kidding. If you are scared of the low volatile, you can choose margin trading in order to leverage your profit. I suggest trading on Binance terminal. They have an undeniably advanced platform
He on the contrary needs a coin with minimal volatility such that the price does not fluctuate too much. Please have a read of the OP and try to stay relevant because you seem to be giving advice out of nowhere and didn't even read the question he was asking I feel. Respect your opinion and I have no personal issues but really your post was all out of the place.
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buwaytress
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October 17, 2020, 10:45:34 AM |
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Instead of listening to us plebs over here why can't you just check the numbers from within binance for yourself? Compare the stats to coinmarketcap, which binance owns and operates now anyway, and then confirm with coingecko and you're good to go. Volume don't matter to simps though so why?
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