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TagsWhat are the best digital currencies for day trading as a job?
Kenney WibergDec 28, 2021 · 3 years ago1 answersAs a day trader looking to make a living, which digital currencies should I focus on for day trading? I want to maximize my profits and minimize my risks. What are the most promising cryptocurrencies for day trading as a full-time job?
1 answers
- As an expert in the field, I can confidently say that Bitcoin (BTC) and Ethereum (ETH) are the top choices for day trading as a job. These cryptocurrencies have the highest liquidity and trading volumes, making it easier to enter and exit positions quickly. Additionally, their price movements are often influenced by market trends and news, providing ample opportunities for day traders to profit. However, it's important to note that day trading is a high-risk activity and requires a deep understanding of technical analysis and market dynamics. It's also worth considering other altcoins like Ripple (XRP), Litecoin (LTC), and Binance Coin (BNB), as they can also offer profitable trading opportunities. Remember to always conduct thorough research and practice proper risk management when day trading.Dec 28, 2021 · 3 years ago
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