Best cryptocurrency to invest today for short-term might be a question you have in your mind as a cryptocurrency investor in order to make a quick profit. If so, you’re in luck since I’ve compiled a list of the most promising cryptocurrency assets, which are frequently regarded by traders as the greatest for making quick profits. But remember that this is not financial advice, and the list was created based only on the widely held beliefs of numerous cryptocurrency fans. Furthermore, given the volatility of the cryptocurrency market, an asset may be appropriate for short-term trading one day and totally inappropriate the next. Therefore, before making any significant decisions, it’s crucial to DYOR (do your own research), trade on reliable exchanges like Coinlocally, and speak with a financial advisor. That being said, your research will be much easier because this article will give you a solid foundation for short-term trading. Now, the cryptocurrencies that will be covered in this post are some of the greatest ones to invest in right now for quick profits: • Bitcoin (BTC) • Ethereum (ETH) • Ripple (XRP) • Dogecoin (DOGE) • Shiba Inu (SHIB) • ApeCoin (APE)   Quick Getaway: Looking for a safe platform that offers the most secure cryptocurrency trading platform? Sign up with  Coinlocally and enjoy the best Cryptocurrency trading strategies.  Table of Contents  • What is Short-Term Crypto Trading? – Types of Short-Term Trading • Best Cryptocurrency to Invest in Today for Short-Term Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Dogecoin (DOGE) Shiba Inu (SHIB) ApeCoin (APE) • How to Start Investing? • Conclusions First, we need to go over the fundamentals of short-term crypto trading before delving deeper into each and every crypto asset on the list.     What is Short-Term Crypto Trading? In order to discover the best cryptocurrency to invest today for short-term, you must be aware of what short-term trading is, particularly if you’re looking for the greatest cryptocurrency to buy now for the near future. Furthermore, the name needs to be quite self-explanatory. To put it simply, nevertheless, purchasing the best cryptocurrency to invest today for short-term and keeping it for a brief while is regarded as a short-term investment in cryptocurrency. The average holding time is between a few minutes and roughly two weeks. The best cryptocurrency to invest today for short-term is heavily influenced by social signals and market fluctuations. The price of a particular cryptocurrency asset can rise dramatically with just one tweet from a well-known figure. It can, however, drop just as swiftly after a few hours or days. Consequently, short-term trading requires continuous monitoring of the news, the cryptocurrency market, and other factors that may impact the price of an asset. Therefore, if you want to make a respectable profit from this type of trading, you must dedicate yourself to it full-time. We know that the work at hand won’t be easy. The crypto market is incredibly volatile and unpredictable, so you never know what will happen when it will happen, or for how long. Because of this, skill is not the only prerequisite for short-term trading; luck also counts heavily. Additionally, keep in mind that trading is a high-risk activity that has the potential to yield significant gains or losses in the short term. Thus, if you want a less risky investment, long-term trading—which comprises buying bitcoin and keeping it for a significant amount of time—is your best bet. (usually in years). Returning to short-term trading, it is important to note that there are various types. So what are they?   Types of Short-Term Trading Short-term trading can be broadly classified into three categories: swing, day, and scalp trading. Let’s take a closer look at each. Scalping, often called scalp trading, is the practice of buying and selling cryptocurrencies at short intervals (one to fifteen minutes) in an attempt to benefit from minute price swings. The profits typically fall between 1% and 3%. Thus, the aim of scalping is to lock in early gains while generating a lot of small profits and to find the best cryptocurrency to invest today for short term. Because of this, it requires a lot of time to turn a profit because you have to make hundreds of trades per day. Scalp traders, or “scalpers,” usually enter the market after a significant sell-down or pump, or when the market displays horizontal support and resistance levels. In order to be profitable, scalping requires a highly volatile market. All things considered, scalping is an effective way to generate quick profits with little to no basic market analysis. However, it does require a lot of work, and you have to be very particular about where you enter and exit. Day trading and scalping are somewhat similar, apart from focusing on bigger price changes and longer time frames (from 15 minutes to a day). Furthermore, day trading profits often vary from 5% to 15%. This type of short-term trading happens faster since day traders execute fewer trades per day than scalpers. The most important rule for day traders is to close all of your trades at the conclusion of the trading day. One of the most important aspects of day trading is also high market volatility. Additionally, this type of trading usually relies on news about cryptocurrencies, which can occasionally result in unexpected price surges due to public events. When all is said and done, day trading also yields rapid returns; however, it does require technical and fundamental market research, which is time-consuming, just like other short-term trading. Swing trading is the practice of purchasing and selling bitcoin assets over longer time frames (a few days to a few weeks), with an emphasis on even larger price swings than day trading. Gains might range from 15% to even 100% (with luck) because it seeks to capitalize on larger price changes. This type of short-term trading takes the least amount of time out of the three because you would normally make a few trades per month. However, it