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What are the best digital currencies for monthly trading?

avatarEG JeansDec 28, 2021 · 3 years ago3 answers

I'm looking for the best digital currencies that are suitable for monthly trading. Can you recommend some options that have good potential for profit and liquidity?

What are the best digital currencies for monthly trading?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I would recommend Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) as the best digital currencies for monthly trading. These cryptocurrencies have a large market cap, high trading volume, and are widely accepted. They also have a history of price volatility, which can provide opportunities for profit. However, it's important to do your own research and stay updated on market trends before making any investment decisions.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to monthly trading, you want to focus on cryptocurrencies that have high liquidity and a strong track record. Some of the best options include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These coins have a large user base and are actively traded on various exchanges. Additionally, they have proven to be relatively stable compared to other cryptocurrencies, making them ideal for monthly trading strategies.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, recommends Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as the top choices for monthly trading. These cryptocurrencies have a strong track record, high liquidity, and are supported by a large community. They also offer various trading pairs, allowing traders to diversify their portfolios. However, it's important to note that the cryptocurrency market is highly volatile, and it's always recommended to do thorough research and consult with a financial advisor before making any investment decisions.