What are the best cryptocurrencies for day trading in the US?

3 answers

• Dec 19, 2021 · 3 years ago
  When it comes to day trading cryptocurrencies in the US, some of the best options to consider are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies are widely traded and have high liquidity, making them suitable for day trading. In terms of strategies, many day traders use technical analysis indicators such as moving averages, relative strength index (RSI), and Bollinger Bands to identify entry and exit points. It's also important to stay updated with the latest news and developments in the cryptocurrency market, as this can significantly impact price movements.
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• Dec 19, 2021 · 3 years ago
  If you're looking for cryptocurrencies with high volatility, you might want to consider smaller altcoins such as Cardano (ADA), Chainlink (LINK), and Polkadot (DOT). These cryptocurrencies have the potential for significant price swings, which can present day trading opportunities. However, it's important to note that with higher volatility comes higher risk, so it's crucial to have a solid risk management strategy in place.
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• Dec 19, 2021 · 3 years ago
  BYDFi, a popular digital asset exchange, offers a wide range of cryptocurrencies for day trading in the US. Some of the top cryptocurrencies available on BYDFi include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). BYDFi provides a user-friendly trading platform with advanced charting tools and real-time market data, making it a suitable choice for day traders. Additionally, BYDFi offers competitive trading fees and a secure trading environment to ensure a seamless trading experience.
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