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What are the best cryptocurrencies to trade in order to make $100 a day?

avatarChendoDec 17, 2021 · 3 years ago3 answers

I want to start trading cryptocurrencies and make a daily profit of $100. Can you recommend the best cryptocurrencies to trade in order to achieve this goal? I'm looking for cryptocurrencies that have the potential for significant price movements and high liquidity. Additionally, I would prefer cryptocurrencies that are relatively stable and have a lower risk of sudden price drops. What are your suggestions?

What are the best cryptocurrencies to trade in order to make $100 a day?
Cryptocurrencies
Trading
Daily Profit

3 answers

  • avatarDec 17, 2021 · 3 years ago
    To make $100 a day trading cryptocurrencies, you need to focus on coins with high volatility and liquidity. Some popular options include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These coins have a large market cap and are actively traded, which means there are plenty of opportunities to make profits. However, keep in mind that trading cryptocurrencies involves risks, and it's important to do thorough research and analysis before making any investment decisions.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking to make $100 a day trading cryptocurrencies, it's important to diversify your portfolio and not rely on a single coin. Consider investing in a mix of established coins like Bitcoin and Ethereum, as well as some promising altcoins with potential for growth. Keep an eye on market trends, news, and technical analysis to identify opportunities for profitable trades. Remember to set realistic profit targets and manage your risk effectively to maximize your chances of success.
  • avatarDec 17, 2021 · 3 years ago
    Based on my experience as a trader at BYDFi, I would recommend considering Bitcoin, Ethereum, and Binance Coin (BNB) for daily trading. Bitcoin and Ethereum are the most well-known and widely traded cryptocurrencies, offering good liquidity and potential for profit. Binance Coin, on the other hand, is the native cryptocurrency of the Binance exchange and has shown strong performance in recent years. It's important to note that trading involves risks, and it's essential to stay updated with market news and analysis to make informed trading decisions.

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