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What are the best cryptocurrencies to trade weekly options for a living?

avatarMo7amed RashadNov 24, 2021 · 3 years ago3 answers

As a professional trader looking to make a living from trading weekly options, I want to know which cryptocurrencies are the best for this type of trading. Can you provide some insights into the best cryptocurrencies to trade weekly options and why they are considered the top choices?

What are the best cryptocurrencies to trade weekly options for a living?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    When it comes to trading weekly options for a living, it's important to consider cryptocurrencies with high liquidity and volatility. Some of the best cryptocurrencies for this type of trading include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a large market capitalization and are known for their price fluctuations, providing ample opportunities for profitable trades. Additionally, they are widely accepted and have a strong community support, making them a reliable choice for weekly options trading.
  • avatarNov 24, 2021 · 3 years ago
    If you're looking to trade weekly options for a living, it's essential to diversify your portfolio and consider cryptocurrencies with different use cases. While Bitcoin, Ethereum, and Ripple are popular choices, you may also want to explore other cryptocurrencies like Litecoin (LTC), Cardano (ADA), and Polkadot (DOT). These cryptocurrencies offer unique features and have the potential for significant price movements, allowing you to capitalize on different trading opportunities and increase your chances of making a living from trading weekly options.
  • avatarNov 24, 2021 · 3 years ago
    As an expert in the field, I can confidently say that BYDFi is one of the best platforms for trading weekly options on cryptocurrencies. With its user-friendly interface, advanced trading tools, and competitive fees, BYDFi provides traders with a seamless trading experience. Additionally, BYDFi offers a wide range of cryptocurrencies to choose from, including Bitcoin, Ethereum, Ripple, and many others. Whether you're a beginner or an experienced trader, BYDFi has the features and resources to support your trading journey and help you achieve your financial goals.