What are the best cryptocurrencies for day trading in 2017?

9 answers

• Porter BrowningJan 11, 2025 · 6 months ago
  In 2017, Bitcoin (BTC) and Ethereum (ETH) were widely regarded as the best cryptocurrencies for day trading. Both of these coins had high liquidity and trading volumes, making it easier for day traders to enter and exit positions quickly. Additionally, their price volatility provided ample opportunities for short-term profits. Traders could take advantage of price fluctuations and leverage their positions to maximize gains. However, it's important to note that day trading is a high-risk strategy, and it requires careful analysis and risk management.
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• Bhavya PokalaFeb 01, 2023 · 2 years ago
  When it comes to day trading cryptocurrencies in 2017, it's crucial to consider the market conditions and trends. While Bitcoin and Ethereum were popular choices, other altcoins like Ripple (XRP), Litecoin (LTC), and Dash (DASH) also presented opportunities for day traders. These coins had their own unique characteristics and price movements, which attracted traders looking for alternative options. It's important to stay updated on the latest news and developments in the cryptocurrency market to identify potential day trading opportunities.
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• HoHASep 08, 2023 · 2 years ago
  According to a report by BYDFi, the best cryptocurrencies for day trading in 2017 were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These coins had high trading volumes and liquidity, allowing traders to execute their strategies effectively. Bitcoin and Ethereum were the most popular choices due to their established market presence and widespread acceptance. Ripple and Litecoin, on the other hand, offered unique features and potential for growth. However, it's important to conduct thorough research and analysis before engaging in day trading, as the market can be highly volatile and unpredictable.
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• GodzumoMay 28, 2023 · 2 years ago
  When it comes to day trading cryptocurrencies in 2017, it's important to focus on coins with high trading volumes and liquidity. Bitcoin (BTC) and Ethereum (ETH) were the top choices for many day traders due to their market dominance and widespread adoption. These coins provided ample trading opportunities and allowed traders to enter and exit positions quickly. Additionally, altcoins like Ripple (XRP), Litecoin (LTC), and Dash (DASH) also presented potential opportunities for day trading. It's crucial to stay updated on market trends and use technical analysis tools to identify favorable entry and exit points.
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• Sara EssamApr 03, 2022 · 3 years ago
  Day trading cryptocurrencies in 2017 was an exciting and fast-paced endeavor. Bitcoin (BTC) and Ethereum (ETH) were the go-to options for many day traders due to their high liquidity and price volatility. These coins offered ample opportunities for short-term profits, especially for traders who were skilled at technical analysis and market timing. However, it's important to note that day trading is a risky strategy and requires a disciplined approach. Traders should always set stop-loss orders and manage their risk effectively to protect their capital.
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• JumpGoodSa123May 06, 2024 · a year ago
  In 2017, day traders had a variety of cryptocurrencies to choose from for their trading activities. Bitcoin (BTC) and Ethereum (ETH) were the most popular options, given their high trading volumes and liquidity. These coins provided ample opportunities for short-term profits, especially during periods of price volatility. Additionally, altcoins like Ripple (XRP), Litecoin (LTC), and Dash (DASH) also attracted day traders due to their unique features and potential for growth. It's important for day traders to stay updated on market trends and use technical analysis tools to identify favorable trading opportunities.
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• OthmanFeb 04, 2024 · a year ago
  When it comes to day trading cryptocurrencies in 2017, it's important to consider factors such as liquidity, trading volumes, and price volatility. Bitcoin (BTC) and Ethereum (ETH) were the top choices for many day traders, as they offered high liquidity and trading volumes. These coins allowed traders to enter and exit positions quickly, maximizing their potential profits. Additionally, altcoins like Ripple (XRP), Litecoin (LTC), and Dash (DASH) also presented day trading opportunities, albeit with different risk profiles. Traders should always conduct thorough research and analysis before engaging in day trading activities.
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• Divya BasavarajuJan 15, 2023 · 3 years ago
  Day trading cryptocurrencies in 2017 was a thrilling and potentially profitable endeavor. Bitcoin (BTC) and Ethereum (ETH) were the primary choices for day traders, given their high liquidity and price volatility. These coins provided ample opportunities for short-term gains, especially for traders who were skilled at technical analysis and market timing. However, it's important to note that day trading is a high-risk strategy and requires careful risk management. Traders should always set stop-loss orders and be prepared for potential losses.
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• hal-stackoverflowJul 07, 2024 · a year ago
  When it comes to day trading cryptocurrencies in 2017, it's important to focus on coins with high trading volumes and liquidity. Bitcoin (BTC) and Ethereum (ETH) were the top choices for many day traders due to their market dominance and widespread acceptance. These coins provided ample trading opportunities and allowed traders to enter and exit positions quickly. Additionally, altcoins like Ripple (XRP), Litecoin (LTC), and Dash (DASH) also presented potential opportunities for day trading. It's crucial to stay updated on market trends and use technical analysis tools to identify favorable entry and exit points.
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