Post
Topic
Board Trading Discussion
Re: Please advise me which coins best for the day trading
by
PuertoLibre
on 18/08/2019, 08:16:16 UTC
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 think for day trading btc is the best option. Cause it's too risk for altcoin in short time trade. And i think XRP is the valuable choice on of you are holding. RVN and ADA also good altcoin but i re-commanded XRP. Day trade really risky but if you want here some alt which i think good for day trade. that is only my opinion- btc, nano, xrp, bnb, lsk, dgb you can try on those coin.
Altcoins are not advisable for day trading, the volatility is not enough to manage the orders on small time frames compared to the Bitcoin. BNB is better for the long term trading, it doesn't fit my trading plans due to the steady growth rate. Day trading is risky, stressful but it becomes an addiction when you stare at the charts for 4-5 hours in a day according to my way of thinking.