How do you choose cryptocurrencies for intraday trading?
How do you choose cryptocurrencies for intraday trading?
Hi everyone! How do you select cryptocurrencies for intraday trading? What criteria do you consider when picking a coin? Do you use any specific screeners or tools to help with your selection process? Let’s share our approaches and learn from each other! Looking forward to hearing your thoughts.
First, I recommend education, then I recommend experience. When you succeed the cash flows into your pockets. I say the same to other people who want to get into crypto. It’s okay to make mistakes and if you learn from it you get the ultimate wisdom.
I look for volatility. I am scalper, so i look for coins that moves fast. Inovations zone in bybit futures is my bread and butter. New coin comes out, there is hype, there is big moves. I scalp it for a week or two, then move to next one. But super volatile coins comes with huge risk. Market can humble you very fast, if you are not used to that.