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What factors should I consider when choosing a crypto coin for day trading?

avatarAbhishek MatluriDec 29, 2021 · 3 years ago1 answers

When it comes to day trading cryptocurrencies, what are the key factors that I should take into consideration when selecting a specific coin to trade?

What factors should I consider when choosing a crypto coin for day trading?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    When choosing a crypto coin for day trading, you should consider factors such as liquidity, volatility, fundamentals, technical analysis, and market sentiment. These factors will help you assess the potential profitability and risk associated with trading a specific coin.