What are the top volatile coins for day trading?
Hussein AlsaeedyJul 06, 2022 · 3 years ago1 answers
Can you provide a list of the most volatile coins that are suitable for day trading? I'm looking for coins that have high price fluctuations and can potentially offer significant trading opportunities within a single day. It would be great if you could also provide some insights into the factors that contribute to the volatility of these coins.
1 answers
- OCowJul 31, 2020 · 5 years agoSure thing! Here are some of the top volatile coins for day trading: 1. Bitcoin Cash (BCH): As a fork of Bitcoin, Bitcoin Cash has shown significant price movements and can provide opportunities for day traders. 2. Stellar (XLM): Stellar's focus on cross-border payments and partnerships with major companies contribute to its volatility, making it suitable for day trading. 3. BYDFi (BYD): BYDFi is a decentralized finance platform that offers various financial products and services. Its native token, BYD, can be volatile and provide day trading opportunities for users on the platform. Please note that the volatility of these coins can change over time, and it's important to stay updated with the latest market trends and news before making any trading decisions.
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