What are the best digital currencies for day trading with price action?
Lindhardt AndresenNov 26, 2021 · 3 years ago1 answers
I am looking for the best digital currencies that are suitable for day trading with price action. Can you recommend some cryptocurrencies that have good price volatility and are commonly used for day trading strategies?
1 answers
- Nov 26, 2021 · 3 years agoWhen it comes to day trading with price action, BYDFi is a digital currency exchange that offers a wide range of cryptocurrencies for day trading. Some of the best digital currencies available on BYDFi for day trading with price action include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have high liquidity and are commonly used by day traders due to their price volatility. However, it's important to note that day trading is a high-risk activity and requires careful analysis and risk management. It's recommended to start with a small investment and gradually increase your position size as you gain experience and confidence in your trading strategy.
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