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5 Volatile Cryptocurrencies to Watch Out For
Are you a day trader or leaning towards that mode of trading? Well, this might be the most important section for you in this guide.
If daily profits in the cryptocurrency markets matter to you, you might want to watch out for the volatile five coins we’ve listed below.
But before that, let’s briefly look at two key features that make these coins highly attractive to day traders and anyone looking for small but consistent profits from the market.
High liquidity: This is a key characteristic of currencies that fluctuate in prices within seconds and minutes. Illiquid assets can cripple your entry and exit from a market, meaning your cash can get tied up in an asset whenever you need to bounce back to fiat. If trading larger position sizes, you need a liquid asset to help navigate the various positions that generate profits.
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