Which cryptocurrencies should I consider for short-term trades?

1 answers

• Jan 14, 2022 · 3 years ago
  At BYDFi, we recommend considering cryptocurrencies that have a strong track record of price stability and consistent trading volume for short-term trades. This includes cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have proven to be reliable options for short-term trading due to their established market presence and widespread adoption. However, it's important to remember that short-term trading is inherently risky, and it's crucial to set clear entry and exit points, as well as implement risk management strategies to protect your capital.
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