Discuss Cryptocurrency Day Trading

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This topic has 5 replies, 2 voices, and was last updated 3 months ago by Christian Harris.

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July 4, 2024 at 06:02 #183256 Reply
James Barra
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DayTrading.com Team
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- July 4, 2024 at 08:34 #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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  - September 4, 2024 at 11:14 #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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- July 9, 2024 at 12:24 #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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- July 11, 2024 at 08:54 #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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  - September 8, 2024 at 17:07 #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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