Discuss Cryptocurrency Day Trading

This topic is the comment feed for the article Cryptocurrency Day Trading.

  • This topic has 5 replies, 2 voices, and was last updated 1 month ago by Christian Harris.
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  • #183256 Reply
    James Barra
    Moderator
      DayTrading.com Team
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      • #183265 Reply
        CK

          Hi, what cryptos are people trading right now? Is anyone having any luck with less known tokens?

          CK

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          • #189474 Reply
            ABTrading 87

              My interest has been piqued by Arbitrum (ARB) and Optimism (OP). They are used as part of Ether’s layer 2 scaling solutions and getting a lot of attention as scaling solutions are becoming key for tackling network congestion and costs.

              I’ve not personally traded them mind and I’m not convinced anybody knows what’s really going on in the crypto space.

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          • #183898 Reply
            Christian Harris
            Participant

              I like trading BTC and ETH because I find they respect support and resistance levels better than other coins.

              Be careful with smaller coins because they have no value and no immediate, discernible purpose or value, and they are more vulnerable to manipulation.

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            • #184193 Reply
              Crypto Killer

                Bitcoin is where there is opportunity in my view.

                It jumped around 100% in the last year thanks to the advent of Bitcoin ETFs and the halving. Now there are potential supply challenges created by BTCs hitting the market from Mt Gox and the US government.

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                • #189604 Reply
                  Christian Harris
                  Participant

                    Absolutely.

                    But as we’re trading and not investing, it’s all about timing entries and exits.

                    As I said, I do believe BTC and ETH are ‘easier’ to trade because S&R levels are more clearly defined.

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