What are the best digital currencies for day trading under 18?

5 answers

• Raghul KannanJun 20, 2021 · 4 years ago
  As an expert in the field, I would recommend considering popular digital currencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) for day trading. These currencies have a large market capitalization and high liquidity, making them suitable for active trading. Additionally, they have a strong track record and are widely accepted in the cryptocurrency community. However, it's important to note that day trading can be risky, especially for beginners. Make sure to do thorough research, set clear trading strategies, and manage your risk properly.
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• hefthallah abuzaidMar 06, 2022 · 3 years ago
  Hey there! If you're under 18 and looking to get into day trading digital currencies, I'd suggest focusing on well-established coins like Bitcoin, Ethereum, and Ripple. These coins have been around for a while and have proven themselves in the market. They also have a lot of trading volume, which means you'll have plenty of opportunities to buy and sell. Just remember, day trading can be volatile, so it's important to start small and only invest what you can afford to lose. Good luck!
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• marcel walterAug 15, 2021 · 4 years ago
  When it comes to day trading digital currencies, it's important to choose coins that have high liquidity and volatility. While Bitcoin and Ethereum are the obvious choices, I would also recommend checking out BYDFi. They are a relatively new exchange but have gained a lot of popularity due to their user-friendly interface and low fees. Keep in mind that day trading is not suitable for everyone, especially if you're under 18. Make sure to consult with a financial advisor and understand the risks involved before getting started.
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• SoberApr 23, 2022 · 3 years ago
  If you're under 18 and interested in day trading digital currencies, it's crucial to choose coins that have a good potential for profit and are suitable for short-term trading. Some popular options include Bitcoin, Ethereum, and Litecoin. These coins have a strong market presence and are widely traded, which means you'll have plenty of opportunities to make trades. However, keep in mind that day trading is highly speculative and can be risky. It's important to have a solid trading strategy, manage your risk effectively, and stay updated with the latest market trends.
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• peggyCTJul 04, 2022 · 3 years ago
  Day trading digital currencies can be exciting, especially if you're under 18 and looking to make some extra money. The best digital currencies for day trading are usually the ones with high trading volumes and price volatility. Bitcoin, Ethereum, and Ripple are some of the popular choices among day traders. However, keep in mind that day trading is not for everyone. It requires a lot of time, effort, and knowledge of the market. Make sure to do your research, start with small investments, and learn from your experiences to improve your trading skills.
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