Bitcoin Forum

For all of your die-hard Altcoin traders out there, share some input on your experiences or strategies you may have implemented/utilized to find success. I myself have had my fair share of dumb luck (knock on wood) but i'm interested to hear what some of you legends have to say.

Not legendary or die hard trader lol, but I would say that altcoin trading is truly profitable when you make the correct picks.
I usually just look at the whitepaper, roadmap, team, feasibility  and uniqueness of a project.

Seems to work ok so far.

I'm not a legend on trading Altcoins but as far as i know, as long as you know how to play the game of selling and buying and selecting the good coin to trade, you gonna get some good profit from it but still it depends on the market and also the traders that affects the prices of that certain coin.

I am a little experienced with altcoin trading an i can say that trading in altcoins is a fastest route to make profits.
First you need to understand bitcoin is the base currency in cryptocurrency market and altcoins are its followers in ups and downs.
Take this part in consideration that bitcoin is a volatile asset, incase volatility happens during your trade,you need to be patient and keep your deposits for long term.

Yes it is! Especially now that the market is very volatile and there were lots of price downs recently. Always buy coins when the price is down and everyone is in panic. You will surely get huge profit when everything are back to normal. I bought a coin last month and now I have 150% income from it. If I sell it a few weeks ago and I became impatient, maybe I will not have that kind of gain from it. Patient is the key to altcoin trading.

What do you guys typically look for in a coin? Market cap, supply, price etc?

I'm not an expert and no die hard trader also not a legendary in trading. It's very simple, analysis, future plans, longer terms of development and market cap.


I'm looking at market cap, I don't care about the supply as it will just bounce with it's price and stuffs. What matters most is it's development and what will be the use of that coin.

only if you know how to do it.

it is not luck, so what you say is not what i agree with. sometimes unexpected drops happen sometimes they are out of our hand but what you do about it is in your control. you can keep holding and hoping and still losing money or you can STOP it by dumping at a small loss and prvent bigger disasters.

in any case trading altcoins is only working as long as you don't buy in their bubbles. you buy before the bubble and then dump when others start talking about how good that altcoin is ;)

Determining whether altcoin trading is profitable or not depends on the amount you are investing in trading. A small amount of investment would generate a small amount of profit. It also depends on what strategy you are using. My basic strategy is to not sell in a loss.
Whatever the amount is, just hold until you get the profit. Beware that this strategy is only applicable to stable coins and investing in shitcoins would then obviously lead to a loss.

Yes and no. Long term like Ark is always better and less headache.

Whenever an pre ICO stage the coins come there are couple of things which people do research which may again differ from everyone it could be reading the white paper, the team and their vision, the supply and the demand it could have in next 3 to 5 years, their different campaigns and is payment done on time etc.

My style of altcoin investment is i use fiat money to buy btc then i trade it any altcoin just for safe keeping and wait until any of these altcoin will increase in price even just for 10 dollars. But right now its rare for altcoins to increase at such price. I would try to maintain lookout for the altcoins i have traded.

I agree with you that now long-term holding is definitely better. As btc is jumping the other coins are mostly too unstable as well. They still didn't recover fully after Chinese regulations.
I'm glad there're people who learnt how to make profit out of trading but my experience showed that it brings me success if I hold the coin for about half a year.
Long-term investment is also a more easy one, 'cause you don't get involved all the time, you just keep track on the prices.

Altcoin trading is not easy like bitcoin. There should be much patience to participate the trade by holding it for 3 or 4 months. If you chosen the right altcoin which the value is consider as increasing potential in future, you have to choose those altcoin and ICO token.
Choose the polenix as your trading platform, this has been used by the many people in the forum and outside.

The more you invest in an altcoin the more you can gain or loss, that is the risk in bitcoin/alts trading, yet if you really are a wise decision making man, only buy at dips and can control your emotions well, i assure you, youll never ever loss money.

Yeah, i can say if you pick the correct coins, wait for opportunities, once good trade would result you at least 10% or even x2-3 if it is pumped based on news or any other situation

if altcoin trading was not profitable then it would have died and forgotten a long time ago. it is the profitability that keeps the investors around and brings in even more investors. but trading is something that is a little hard and takes time to learn and even more time to master.
most people unfortunately want to take the easy route and end up either treating trading as gambling or end up following pump groups and get dumped on and lose a lot of money and finally give up.

if you don't do these and start really learning it, then it can potentially be very profitable. even as a real full time job.

I agree with this: "if altcoin trading was not profitable then it would have died and forgotten a long time ago."

Hm very good point, thanks for the input man I'll try and double down on research prior to getting back in on the investing game.

Of course its profitable. Its just more volatile than other markets. 50/6/70% losses or gains in a day can happen. Just be prepared for a wild ride  ;D

You need to thoroughly research the coin, so you know what it is you're dealing with. Then you need to keep up to date with developments / rumours. Finally you need experience of how the market behaves, which you can get from following any coin really.

Altcoin trading is very profitable, more profitable than bitcoin especially if you havent got more than 1 bitcoin altcoins are way more profitable than bitcoin, why should btc be more profitable?
Altcoins can gain as much as 70% up in one day, chances of doubling or even trippeling your money on altcoins are more, on long term if uou got enough to spend bitcoin can also be profitable.

If you don't buy a ticket, you don't win the raffle. Now that Alt coins have been around for a while, the debate whether these are scams of not is boring. It's more like an investment with high stakes.

It’s completely depend on the strategy you use to trade if your looking for long term trade then invest on high potential coin like recent bitdice CSNO or aventus kind of tokens otherwise follow pump and dump group buy and sell coin but don’t greedy with short term trade take the profit in minimum margin.

Yes i do agree if your making proper strategy then thew will be a profit and also you can reduce the loss i believe in long term investment atleast for 3 months i dont believe in day trading.

You should also know that although altcoin trading is very profitable but altcoin trading has a considerable risk dude. you can see almost all altcoin is currently experiencing price declines. all altcoin graphs in exchange are red colour. it is a risk on altcoin trading. you also have to be smart in the analysis in order to avoid this situation

You are right. patience is the key to trading. we have to wait until the right moment to be a good profit. we also need to look at market prices and estimate all possibilities.

I don't have much yet, but started with a few dollars worth from filling in surveys to having half a bitcoin.

Blockfolio is a good tool to use, often because of crashes and having coins in different places you don't feel like you're getting anywhere, Blockfolio just reminds me I'm heading in the right direction.

I'm not sharing my favourite strategy though.  ;D

It still depend on how you invest a coin and hold on it.
just pick the right choice so you know you can have a Profit on it.
Trading is Risky but if you know the strat it will be a good advantage ..
good luck

Most people enter into some altcoin as a way of protecting themselves (hedge) against Bitcoin. Here are some reasons why someone does this, in case Bitcoin has some kind of catastrophic failure that altcoin may not be subject to. Also an altcoin may have some future utility that is significantly better than Bitcoin, which will allow altcoin to overtake Bitcoin. And even if Bitcoin remains the most valuable crypto, there will still be room for some altcoin to serve some other niche market and thus make it a valid bet.

Alt coin is truly profitable when you have more experience about trading and crypto.you must able to research alt coin must have some formula. And dont invest all of your money in one box means  one alt coin. good luck

It's not good every time. There are some risks compared with bitcoin trading. Altcoins are vulnerable to the news and updates coming from the different countries and they can react hard. It's for Professional traders and brokers, if you ask me.

Altcoin trading is depend on your strategy that how do your book your profit.first small profit what ever you get. second one you are trading for long time. in long time trading we can earn huge profit. one more thing if you trade for low price altcoin that does not gives durable profit.

there is a simple way to get profit from altcoin trading. But its for small budgets.
You can look for minimum volume markets and buy from dips and put your sell order %50 profit then in a month or less some groups will pump that coin for sure.
Quick but small money.

Of course altcoin trading is profitable, if it's not then no one would bother with it. Trading in altcoin have a higher risk than trading in bitcoins, but if done right it could have a bigger profit even in short terms. Trading takes more knowledge and good strategies than just luck.

Altcoin trading is the most profitable. Indeed the risk of loss that may occur is same, altcoin gives a huge advantage. And in essence, only patience that gives maximum results.

Always buy coins when the price is down and everyone is in panic. You will surely get huge profit when everything are back to normal.

To answer your question, altcoin is insanely profitable. For example: I bought stratus in January when bitcoin was $950 @ 6k sat. I sold stratus in August when bitcoin was $4800 @ 200k sat.

of course it is profitable, if not profitable then there will not be many traders who succeed in their lives. I can say I am also a trader, but not an expert. I only do the main principle in trading that is buy low and sell high.

Ofcourse they are profitable but only when the trend is so bullish. For example altcoins were extremely profitable 4 months ago. We are all waiting for a new good trend time again.

If you invest to ICOs yes it is very profitable. But you must know where to invest. You can also lost your money in cryptos.

The best way to make profit is to keep your self updated with current news and affairs going on within the crypto world. They are strongly related to market and the price. If someone well known or a famous site talks about a coins, we can see some significant rise of the price. Also spread your investment to few different coins. This was you are able to minimize your risks.

Expecting people to tell you their loses experience or how they make profit without you narrating your own fair share is suspicious. When it come to the issue trading altcoin two things are involved, is either you lose or you make profit, which all depends on your experience and the knowledge of your crypto currency that you have over time.

Yes it is,it depends on how you choose a coin that you are going to trade
Look for some event that follow in the coin development like a release of new tech,rebranding or conference,it will affect the price and you can use that to make profit

Although bitcoin is the leading cryptocurrency on the market, there are several different alternative digital coins are available on the market. Altcoins have the similar background as bitcoin, they are all based on blockchain technology although different technical algorithms and features are associated with each altcoin.

As of today there are almost thousand different altcoins have been issued to the market. The number of alternative digital currencies is growing every week as new coins hit the market through the ICO – the Initial Coin Offering processes.

It's definitely profitable if you do it right. Similar to normal trade at stock market you need really much information on the object you want to invest in. And here comes the hard part in altcoins. There are tons of altcoins with little information and here it begins to get risky. Research is the most important thing in trading.

Yes, most alt coins prices aren't very stable thereby making the very profitable to trade

Yes it is, but only if you support those events with a good research, and that research should not be 'an advice from a friend' kind of research :)

yes. altcoin is very promising. but you also have to pay attention to many things to be able to get those benefits. I think altcoin has a higher risk than bitcoin because altcoin is very fragile and vulnerable. so if you are not ready to accept the risk, I advise you to avoid it and try it again once you are completely ready to trade altcoin.

Of course,If you buy any altcoin when it's price
 is down and when it,s price increase if you sell then your
 Altcoin Trading Truly Profitable.Altcoin hold and gain more profits.

Perhaps this is the beauty of crypto currencies. This is how it makes the world go crazy behind the crypto currencies’ world. The good times have always come and gone. The time will come when the prices of crypto will rise and people will again earn what they wanted to.

Even on your luck, but you are right, when you trade on this market, the knowledge and experience very important. For me, I will choose improve my experience than knowledge, because I like to practicing than learning.

Follow to advice like adzino says. If you want to be successfull with trading you need to invest your time in it and read news, blogs, forums to be always up to date. Also try to learn as much as you can from experienced traders. It is always a good idea to spread your investment, never put all your eggs in one basket. Spread it over coins where you believe in

And you need to realise you can lose everything very easy in crypto.

Yes, in the beginning you have to expect to loos some money. With the time you will develop a feeling for it. But don't trade with money you need for life.

any kind of trading is profitable you just need to know when to buy and when to sell. best advice I have ever got was: the markets reward the lazy trader. if something is good enough and you hold it long enough... you can make a profit.

Yes it is, if you have an "edge".   ;)

Just read the white paper and road map and learn all you have to know about the coin you wish to investi in. If you think that everything is OK and that the project is promising then invest. If no, look for another projection. No one can predict wich coin will succeed so it is up to you to decide.
Trading is not that easy but when you become an expert then you will gain a lot of money.

We're at the start of the altcoin boom - there a lot of very overpriced alts right now based purely on speculation or pump and dump schemes. You don't wanna be left holding those bags once people flock towards better coins.

If you do your own research (and do it well) and pick the right choices, you'll find more sucess in trading imo.

It is absolutely profitable, the easiest way is to buy when there are rumors and to sell when there are promises. I still remember Lisk rumors which managed to bring the price down to $0.10, Lisk value now is $6.

Altcoin trading is the high risk game in this if you properly analysize and trade then you can earn very nicely. But the main point to be remembered is to never lover any coin and when ever you are in profit immediately book it. Dont think of it may go more high as when their is price pump then it is sure that it will also get dump. What ever value of project the coin holds it but it will surely get dumped also. so when ever you are in profit start to sell the coins and book profit.

Trading can be profitable for those who are patient, does not panic after any fall in price. Traders should follow all the news and events. Otherwise trading is a gamble.

Normally have up and down on trade market for any product. According to my opinions, it's seems to okay for trading. You can take profits from here, if you have proper knowledge about market and if you control your emotions.

If you play the market correctly, the altcoin prices fluctuate much more rapidly than the stock market.  Good timing and research can prove highly profitable.

Now only some flipping investors will be win in ICOs :D since 90% startups are failing then you have to rethink strategy imo in investing. No NEO or ETH is safe in investing in ICO.
Trading on rising market is quite easy and was to easy. Now you have any skams that can give you -100% income. So you have to be away of BIG  RISK

It is truly profitable but it takes too much effort and time. It mostly doesn't worth your time. Is it good to gain like 2 dollars in 5 minutes? Yes it is. But some other people were making 200 dollars in 5 mins. Just comparing makes you realize it doesn't worth your time if your budget is low. But long time holding is of course good.

100% sure altcoin trading truly profitable but you should must to know about altcoin. Online Market have a many coin we need to found best coin and start trading for big profit. If you want to huge money you must start trading with crypto.

Although I'm not a die hard trader and an expert yes altcoin trading is truly profitable especially if you know what good coins to trade with. That's what makes you really truly profitable in the first place.

It’s completely depend on the strategy you use to trade. If your looking for long term trade then is always profitable.

As always, when picking alts you need to do a research what attracts you to invest in a particular coin.

Keep in mind about buy volume (is it increasing or decreasing, etc.), general activity of selected community, length of period you want stay in and if you really want to dig in, get yourself involved in projects and become an active part of chosen community.

Your question is really superficial actually.

x
From my experience I am giving some important strategy for trading alt coins for good returns below :
  First of all you should start a trade only when you know why you are starting a trade and have a clear strategy for taking that trade so that u follow that completely.Second important thing is target and stop mean when U starting a trade U must have clear target level for taking profit and more importantly, a stop loss level for cutting losses. A Stop loss is setting the level of your loss where the trade will get closed, this will save your big loss.To be a profitable trader, you never look for the peak of the movement. You look for the small profits that will accumulate into a big one, this way your profit will rise slowly but steady.Other main important thing to mind that Trade with no pressure, Don’t start trading unless you have the optimal conditions to make the decision to start a trade and know when and how to get out of it. Pressure almost always creates losing trades. Wait for the next opportunity, you will get there.there are days where you only keep your profits by not trading at all.

Trading altcoins is absolutely truly profitable there is so many altcoins that good to trading but there is not good to trading. Get profit from trading that's depend on altcoin you trading, the altcoin must be good and have big volume. Usually trading altcoin who have big volume is more profitable.

trading altcoin is profitable if we can choose the right altcoin with doing some analysis. its proof with many altcoin price is increase in this year and it makes many people making huge money. actually for trading altcoin, i am buying for a long term and sometimes if the price is increase 25%, i am planning to sell to take my money back with some nice profit.

I am not one of the best traders but I usually have some sort of a strategy every time I make a trade, and I usually have a few things to look at before consider investing in a coin, such as circulating supply.

I don't want invest in a coin that is having more than 50 million coins circulating.The strategy that I use is buy when its low and sell when its higher. Never sell for a loss.

Trade altcoin is not always profitable even if you are experienced people. Sometime we have wrong decision that make us lost of money.
For me, swing trade is better than short trade. Most likely the people did long term than short trade.

i see many people around gain great profits from aitcoins, but when i get into it, i found its not that, but i know its due to myself, when i know little about this coin and involved at a wrong time, how can i make money from it

investing in altcoin I think it's very very profitable.
if you can analyze well, dare to take risks and hope luck is always on your side
If you want to invest safely, just invest ur money to big coins like eth. I think it's a safe investment.

There are some altcoins which had a massive surges in a few days or months  x 10 x 50.

But it is difficult to spot which will gain so much.

It is profitable if you know what you are doing

It has been proven that long term investors will generally do better than traders.

I look for the team behind the project first, then the underlying tech to make sure that what they're trying to do is feasible. I then invest in the coin and wait, which is much less stressful than trading (for me anyway).

If the price goes down, I look at it as an opportunity to buy more because my due diligence in the team and project gave me confidence that it will go back up and then some in time.

I'm not a die hard altoin traders out there. But true that trading altcoin was a really a profitable things, because ever since I started here I got my profit through altcoin campaign, after the ico and distribute the bounty token we participants are able to trade it in accordance to the exchange were the coin is listed then once being sold I got my bitcoin profit of course.

The best strategy is the one you make.  Even it is unprofitable you will learn a great deal in the process.

My personal strategy is pretty straightforward.  I look for quick dips(Qick dips can lead to quick spikes) in alternative coins with 1 million in trading volume in a day.  Qick dips lead to quick spikes  Invest.  Take profit.

it is definently profitable but at same time it is very risky too.  if you dont know mechanics of trading you shouldn't. you should search indicators and learn them

altcoin trading the risk are equal to the profit especially if you're trading with new altcoin because we don't really know the future of those altcoins and if you pick the exact altcoins then to double your profit is not impossible and the best for altcoin trading is sometimes altcoin price could grow more than 50% in the same day but the problem is the price for the particular altcoin too will dropped to the bottom with very fast

to work with the exchange as collecting gains of difference with the shifts on displacement or with the arbitraging as collecting short terms of profit with the trading.

Pick something that is always making a ruckus in the trading discussions.
ETH, LTC and bitcoin are the ones who are always on the front page and this could be a key to trading.
If those news could somehow manipulate people's mind then the waves will come over and over again.

Yes, if you do altcoin trading with basic knowledge and fundamentals,you always get profit. Greedy people always take losses as they never cut their trade in less profit and when their trade comes in deep losses, they cut their trade to save their money to reduce more. If you satisfy with 10-15% per month, then you never get loss in any month but if your target is 100% or more per month, you always got loss because you never cut your trade in low profit.

I'm not sure, but I think altcoin trading is a form of making money that can make a lot of profit, even a lot. I have seen many people succeed with it. Of course you will have to have knowledge of it, learn the experience and skills of the predecessors to choose the right decision. The strategy and plan outlined is also very necessary. My strategy is not to let emotion decide decisions, do not buy rush, only trade top 10 altcoins have the largest trading volume of the day and not trade margin

I am earning good through altcoin trading. I have a telegram bot that notifies me if a buy volume of any coin increases suddenly. Added to that I am in some channels that give signals after a thorough research. After that I analyze suggested coin myself. That analysis is based upon any future announcement or news by the company which can increase the demand of their coin. By far I am making profit through my analysis. Of course you can't be always lucky. But the loss isn't major if you have analysed a particular coin properly.

Altcoin trading is something which I haven't done for the past 1-2 years. But when I started collecting Bitcoins in 2012, I was involved a lot in altcoin trading. But then it was relatively easy. There were only a few altcoins around, such as Litecoin, Namecoin and Novacoin.

I think it is! it depends on the phase and hype but i think it is a great way of making good money from home. of course you shouldnt just buy any coin and hope it will go up! I wouldn't advise joining pump and dump groups though... you're just losing money to people who cheat with special programs...

There are lots of altcoin traders on here which you can really expect to have some words on here which this kind of trading is really profitable but somehow risky if you dont have knowledge on buying such coins.
Its really hard to explain on how traders do trade since we do have different kind of ways on how to execute orders and choosing our own coin.

Long-term investing (holding) and trading are both profitable. You just need to master it and I believe that anyone can do that. Yes, it takes time but it can get in return a lot of money.

Im not an expert when it comes to trading but I would it is really profitable can even yield atleast 20- up to hundred percent profit in one day but that is if you know which is the right alt to buy in the right time.

Altcoins trading is all about being at the right place at the right time. I prefer long term HODLING of my altcoins rather than engaging in short term trading due to the extreme volatility of this market. HODL all the way and I am sure that we can huge profits.

Do your mean is scalping trade? Because this is a strategy very common for day trader, you can earn small profits every orders, but specialy is you can repeat many times and earn extra profits untill the trend of that coin ended.

Sure thing. Trading altcoins is profitable when you are experienced in the alt markets.There are so many alt coins out there so it's much more easier now to profit by doing fast buy&sell s. Because when you look closer you can always find a coin to buy or sell. Diversity is a golden treasure in trading.

Yes, I think so. I trade altcoin for couple of months and I earn some money with profit. In my little experience there is no doubt that Altcoin Trading is really profitable.

I've tried, but I can't make the magic happen though. I'm either on a small loss or a very small profit, on the altcoins I've invested. They should be quite profitable though, because on some pumps I see gains of 200% on the last 24h, and that is just huge. I never managed to gt anything like that though. Maybe I'm not good enough, or maybe it's just a matter of luck.

If you are really into hardcore trading,you could always make profitable trading if you are careful and if you invest in good coins and especially when the market is down and most of the coins will recover when the market recovers,patience is the real key here and having a knowledge about the coin you are investing and keeping in touch with the development team is also the most important part if you are looking to make a good profit

bought ltc at 0.017, and now it's at 0.013. Don't have any choice beside hold, maybe for years. Big coin never gave me big profit, small coin does (3x and 10x ;) ).
200% is huge profit but also has big risk, i prefer to buy in health grow. Also i think big pump only happen for one time, 200% on last 24h mean you won't see any pump for a week or month

Well you really have no choice with that numbers.
If I were you I would rather hold also and wait until it reaches the number that I want.
It does happen with bitcoin too and just recently a big dump was seen which tests all the holders.
I guess we have to control our emotion to see profits with altcoins or even with bitcoin.

Now a days market of coins is approximately down and if you want to invest in coins then it’s the time to invest because when the market go to its normal stage then the coin rates will be reach to very high and you will get a very high profit.

sure its profitable... for some. its a zero sum game.

So good topic, the most interesting is how to properly trade for himself the beginner in this business

Altcoin trading is profitable for those who have the skill on how to trade in cryptocurrency because trading is something that required skill and not for you  to just jump into because you want to make profit.

Yes you can earn from it. As long as you bought your altcoin to its lowest price. Because when time comes that the price of it move up again, you can sell it and earn a big profit.
But if you buy your altcoin when the value of it is still high, and sell it. Surely you'll just earn a small amount and if ever you will loss.

It is obvious that it is, but the problem is how in general make trading profitable. In fact you can trade anything, and a lot of people try to trade.
Why we only see the successful traders, and why? Because nobody with the unsuccessful history wont show us their lose it is natural.
How to succeed in trading? A lot of training, constant looking for hot news, knowing all strategies and charts types and then you will maybe become a profesional(for-profit) trader.

Honestly speaking I have not made  any profits but just paid transaction fees to coinbase, and wallets. Yet to make any profit

People who have made profit are those folks who were in it 1 year ago as they can afford to buy bunch of coins for such a low price.

Now that the coin price have gone up , u need to invest more capital to have some activity and make some money. I am not sure how many experts will agree with my theory.

This is my facts based on 2 months of exp in crypto world.

Exactly, getting a smart choice and a wise decision is the best strategic action you gonna do. Because trading is very risky and if you don't play it well, big possibilities that you gonna loss your money. But if you make it, then you gonna have a big profit.

At some point, yes, or most of the time. Gaining profit in altcoin trading depends on whether you know how to play he game and how you play the game. in trading, you must be able to know which coin to pick and when to sell or buy it. Decisions mist be made wisely and not due to impulse since trading ks a very risky game and it requires a lot of skill and analogy. moreover, trading in altcoins is the fastest way to gain profits this a lot of people are into it.

just continue what you are doing and later on you will find out how trading on altcoins works, i mean it is just a mtter of experience if you do not have someone that can teach you. Being updated on some news abput upcoming coins and current coins is also a good trader habit.

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I think that trade altcoins is quite a profitable, but it is very risky. if you do not know how to trade, you better not to contact them.

Yes for trading you need to have skills and patience. I know a friend he made a lot of money with investing in altcoins etc. So trading in altcoins is truly profitable if you know how it works.

If you haven't did trading before you need to contact one of your friends or your collegas who did that before unless you want to lose your money go ahead xD.

Well you can invest a little amount of money and hope that you can make profit. I heard that it will take time in order to make profit of altcoins. They will pump up the price and then you need to sell them. Thats how trading works i heard once that a guy had made 3 million dollars just with investing in altcoins. So its truly profitable.

altcoin trading is different from altcoin investment, with investment you have less risk and you can hope that your coin will go very high and do a good return, with trading there is a higher risk because you play against the market on a daily basis

Yes, altcoin trading can be actually profitable provided the trader is either an fundamental and technical analysis expert. Or if the trader has been extremely lucky and bough a few alts when they were cheap or in consolidation stage and have been patient through the rough weather. In my case, I tend to pick alts that are cheap and dont sell on shake outs.

Truly strategy is to connect with right people on social media,forums,to try to trade with own money.Check make money online facebook groups,find some guy which is good crypto trader online,follow him ,be friend with him etc...

Indeed trading is truly profitable when you are knowledgeable about charts, and make some analyzation when you enter the market. Follow someone in social media, and forums is a plus this could also lead you to success.

I rarely in trade, but for me allcoin trading is very profitable, kususnya some coins that I have studied before
it's just that I'm not too eager to trade every day. only a certain time and a suitable moment when after studying the market first.

You can certanily make money trading altcoins back and forth.

We know certain news about bitcoin having an update or ETH having an update. YOu can use that news as a basis for figuring it will go up in price within the next few weeks or a month. Which means your BTC will be able to buy you more alt coins and or tethers and or Fiat(USD or EUR or wahtever).

So since we know that, we should be buying in to some right now. Altcoins can go up higher in price that btc % wise because some altcoins get pumped due to how little volume they have. Some coins can go up by 10z in a week due to pumps. The best strat is to buy a bunch of alt coins and focus on the ones that have low volume and or are going to do well/get updates that make people want to use them.

If trading altcoin not profitable, there will be no bittrex, liqui and other exchangers. All the exchangers market new tokens and altcoins. The traders of course make a lot of profit by the rising price of altcoins. Sometimes the profit can be 300 %, depend on how good the traders.

It doesnt have to be all dumb luck. Invest in what has promise. Research the devs behind the coin and the project itself. Some examples that will only grow are Ardor which will be a great rival to Ethereum. Plus it starts up in a little bit is will definitely rise from then. Another is Deeponion. With the huge community and great airdrop opportunities you can help but gain. I love alts and that is where I invest. I rather invest smaller and do community activities to grow instead of sinking a lot of money into the big coins to only gain a little bit.

300% is real and even 1000% is reachable and possible here on this altcoin trading world.And as you said if altcoin trading is not profitable then there would be no exchanges and there would be no popping out ICO everynow and then in the market.

It’s completely depend on the strategy you use to trade. If your looking for long term trade then is always profitable.

Of course they are profitable but only when the trend is so bullish. For example altcoins were extremely profitable 3 months ago. We are all waiting for a new good trend time again. ::)

There  is no investment or  product that is as profitable as altcoin! Take ethereum for instance, it was selling below $5 at a time, look at where it is now! If you could just get in on quality alt, you will certainly make good profit.

way to success there is a lot also yes following some and make friends regarding with the trading is one of your strategy that you can make for but always make your own study it is much profitable and altcoin trading are nothing to worry about this because the success is in yours not depending for some opinion.

Yes it may be the market was down totally but it is still a good sign to buy any of it, because ever since altcoin was a big help to anyone in this industry. especially to those community  who don't have any capital  neither able to buy bitcoin. So in the end they will join in a bounty altcoin campaign. Then after ICO they receive their rewards. And once they have it, it is now their chance to sell their coins in the market.

Of course. but with a higher risk, I think if we do not have enough skills to do it, we better avoid it or learn the mechanism first. because in comparison with others, altcoin trading risk is greater.

I don't think so. Except you are organising some pump and dump group or you are extremely lucky, otherwise there is no real strategy that can work in this kind of market, especially if you stay there for very long time.

Of course is truly profitable when you decide to make a good research and study about altcoin that you are interests to invest also what type of investment you will do . read carefully whitepaper  roadmap and the team behind. ;D

yes trading is something that is profitable but you have to learn to master it and of course it will take more time because this is a difficult thing. and this also can not be separated from the amount of investment that you invest this very influence on big or small of profit that you will get.

But that will be so easy to predict rather than use the bitcoin as your daily trade, because altcoin will be back again. I meant if you are looking at some coins and the chart looks same in some reasons, that's why to trade in altcoin really profitable.

profitable or not is depending on the traders results,,
if the can manage their emotions and their money, altcoin trading is good and very profitable.
and as all of us know altcoin trading is one of many the best way to increase our bitcoin  ;)

Am not a pro trader but I know that if it's profit you after you should be ready to play dirty and be the shark you need to speculate some negativety or should I say spread FUD so that weak hands panic sell  the coins you after and you on the receiving end of the chain patiently waiting for cheap coins to flip for a good profit.

the best chances are to choose few good altcoins and to split the money into all of them for a long term investment.
the second tactic for day trading is checking the slack groups, being involved in what happening, for calculating the right timing to invest before some news are about to come..

Eventually, it depends on the altcoin being traded. It is very profitable if the right altcoin is traded as some are just purely good for pumps and dumps. With very good research though, and with the right portfolio of good altcoins, trading altcoin can be very fun and profitable.

Sometimes, you may just need to be patient with some of them as they may hold down your funds a little bit longer than you must have predicted, most especially when you did not set a stop loss and it keeps taking the dips.

It depends on you. If you want 10-15% profit each month then it is achievable and give you always profit but if your targets are big like 100% per month then it can give you losses also as you never cut your trade in low profit and if market crash, you try to save your money and cut your trade in loss. If you do a proper study of your choice coin and after taking all things in consideration, you never get losses.

I made my fortune in altcoin trade. You need to study first the coin that you pick. Read the white paper and feedback. Know the people behind the team. Always update yourself on the news so you will know when to sell and the perfect time to buy.

even if you do that, sometimes, the coin that have poor quality of project and whitepaper can get pumped out of nowhere, it sometimes really confusing because it's against the nature that people have repeteadly saying here that a good project will result good coin. Until now, following the hype is the only way for me to always get profit from this trading activities.

I think all Atlcoin trading truly profitable.But first you have to control your emotions.If you buy some coin and then it's price fall,then you wait ,price will increase.

in my opinion, many factors affect the profit or not in trading altcoin. And the amount of altcoin made. Pump and dump is very important information trading.

It is up to individual, how they trade.  Most of the time, what matters is how you do it and not what you do.

However with that said, i see invest in long term good cryptocurrency/blockchain anytime would yield a nice profit in long term.

Totally agree,
As my experiences, trade altcoin is very profitable, usually I buy when the coin is newly available in the exchanger, I get great benefits from some coins eg Monaco Card, Edgeless, Bitquence, COSS and some other coins, and next is Centra Card, now we still get the price 32k, a month again the price will raise at least 200k.

Im not saying that im a professional trader but im a experienced trader about a year now and based on my experience altcoin trading is more profitable than bitcoin holders because it tripled or quadrupled your investment depends on the percentage change value of that coin, Example you have a profit on every trades on alts the profit on Bitcoin/USD is not belong so it means your profit is more than doubled but it's too risky because if your altcoins are going dump you will lose more USD when you convert it to bitcoin to USD.

Definitely profitable. But you can lose thousands of your money if you are not careful on what you're going into. You are right about your advice. In trading, it's not just riding a bike. It need a lot of reading and practice. Also, you have to keep updated about the news. Traders/Manipulators are there when there is a hot news about certain coin. But you have to be careful.

But my experience say that altcoin trading truly profitable. Even i also bought so different coins. Then after which days i sell that coins. And i got more profit. So i know altcoin trading truely ptofitable.

Yep... Atlcoin treading profitable.. If you trading right altcoin which have good project good road member which have good team member and capability to handle project and also real platform.

If you pick this type altcoin and treading that time you have to profitable.

Thank you 

trading can be profitable
but investing is better... hodlers are the real winners =]

I am also using same strategy but I am not a fan of day or intraday trading I am always making investment for short atleast month+ . For long term I will be looking more than 6 months . I don’t recommend pump and dump groups.

It's upto you how you take it in the consideration. I have always been unlucky most of the time. Lols. But I do had great time with altcoin trading and made some bucks surely. The only thing that I did in the first run was to buy as much as altcoin as I could but regardless of what type of coin it is and all the history behind. I use to buy coins with lowest value without considering the fact that they are dumped and no longer being used by many so that they will have zero percentage of coming up. I made these silly mistakes initially, and a lot of times. Now I don't get involved much unless until there is good coin being launched in the market. I do extensive research in what I'm actually investing my money. Now it works pretty well. So according to me you should learn things before we can invest in anything. May be hat was my success lesson, the mistakes that I made earlier.

Yes holding for long term is really profitable for short term its most of the time end upto scam because of some pump and dump group or people .So we have to be careful while doing short term trading there is lots of scammers available simply pump the coin immediately once they sell all their holding it will dump like hell.

It is as profitable as you want it to be, of course, you have to investigate about the project, team, roadmap, whitepaper, etc., behind the coin, but it also depends on how much you do that.

How can a person without economist education decide, whether is it better to sell it today, or keep it? I wonder ???

I am not a legend when it comes to trading, but I am sure am good when it comes to holding. One thing is for sure that trading with altcoins is a more and faster way to get profit. But pray to invest into a good ICO for a better outcome.

The normal or natural rule of trading is by at low price and sell at high price, so as to get back your capital and some profits. You can set a trade limit to how high you want the price to be before you sell, with the help of the site or app you want to use for the trade.

daytrading takes a lot of time and nerves - you have to see it as a regular job with long hours. To make decent amount of money on monthly level you need around 10k to start with. On other side is maybe better just to buy some coins every week/month and then just hodl.

There are two categories of profitable alt coins out there;

first category is for swing traders which you sell-buy, buy-sell and make money with the swings.

second category is for longer term traders / investor. you just buy and hold for some time.

On initial level of trading its not that profitable but if gain the knowledge about it and work hard then it will be very profitable. So work hard and earn as much as you want.

Yeah. I hear this that Trade is profitable. But I didn't see my result good.  I will be patience and I will wait to see the good result.

And you should to have a stop loss position. Because when you are trading a crypto (Bitcoin or Altcoin), you can not live 24/24 to check the value of this coin. In that time, the stop-loss limit function will help you solve this issue.

Yes trading alternative coins is truly profitable for me, actually trading alternative coins was not profitable in first time, it was very very difficult to be profitable due to I didn't knew how to followed the trend of price alternative coins, even until today getting big profit from trading is still difficult but I don't search big profit from trading, the active profit in trading is enough for me, active profit will be big profit in couples years later.

then i must be somewhere in the middle of all this....

i trade "medium term" (if that's a thing). i invest in altcoins when they are at the bottom and stable. you may see this as a nearly horizontal line on the chart. then i sell when that line turned vertical or with a sharp rise (aka coin got pumped). my goal is to minimize the time my bitcoin is invested in these coins so that i can reduce the risks of getting dumped on while earning the most profit possible from the swings.

Is Altcoin Trading Truly Profitable ???
of course if u trading with high value

As alway, they are profitable if you make the right choices, while if you make the wrong choices with altcoins you have a great chance of losing everything. Altcoins offer in fact a sort of leverage vs Bitcoin trading. If you are right and lucky you are very right and lucky, if you are wrong and unlucky, you are very wrong and unlucky,

first of all, it depends on which alt coin we are talking about. if you catch right ones then you can definitely make a lot of money as they grow exponentially.

Fiat money is new for me ..
cloud you explain what actually it is

If you want to make profit before you buy something make a good analysis. Read about company, read what they do. Invest a small part of money to one place. Use a simple investing rules. This is the basis

Of a truth I have bought many coins and I only lose in two of them all. I have been trading forex before investing into crypto coins trading especially altcoins and I think there is a great opportunity in altcoins trading than every others trading assets including penny stocks. I have seen some coin rise as high as 400 % in just a week. I have also making over 200% in just a week investing in lisk around April this year. I think altcoins is very profitable especially if you buy at the right time.

It is very true that in altcoin trading the profit margin is uncountable but the loss chances is also very high, we have to be always alert on the coins development and news on which we care trading as good news gives you returns soon and even on bad news we can get in loss if not being alerted before it.

it depends on our analysis, actually altcoin trading can make us become rich quickly if we have the ability to trade in fundamentally analysis and also can control emotion. This 2 think is important to get consistent profit in trading. Although we expert in fundamental and technical analysis but can not keep and control emotion and always greedy ,we will be in loss.

All this time that I feel is profitable, for example 2 coins that make me get a big profit is Bitquence and Monaco Card, when Bitquence and Monaco available in the market very cheap price and 3 months then pump up to hundreds of percent.

It very much depends on the period in which you do it, actually. If you are trading alts these days you are most likely losing money with all alts tanking because of BTC's price rising sharply!

Especially now that the market is very volatile and there were lots of price downs recently. Always buy coins when the price is down and everyone is in panic. You will surely get huge profit when everything are back to normal. I bought a coin last month and now I have 150% income from it and  even until today getting big profit from trading is still difficult but I don't search big profit from trading

Apparently for many of the people it was not so profitable till that moment. unfortunately only minority of the alt coin projects was profitable for its investors.

Well, I think it is profitable for sure.

These questions been asked by those people who dont even tried out to make money with alts but for those people who did experience to make money on altcoin then for sure you would able to expect on what would be their answer related into these kind of questions.For me it is indeed profitable if you do know how to spot a good coin and you would able to get in on cheaper price.You will surely make money on its price volatilizes.

It's profitable, but like any other things in life it takes time and work to know if the altcoin project will we worth something in the future, knowing the project fundamentals is a must

I am also new in this trading and i don't have a lot of experience to share about trading. I recently invest in BTC and i find it profitable due to the recent price changes. I will try to invest in more altcoins soon when i have my money with me to invest because i find it also profitable just like btc.

High risk high reward. You can be up 2-10x in a month or be homeless in a month. If you do decide to do altcoin trading, definitely learn more about charts and read a lot of whitepapers.

Trading bitcoin against altcoins is a very profitable venture as long as you are willing to be patient and adopt some useful strategy. I'm not a legend on trading Altcoins, I may not be a professional bitcoin trader but the little i have learnt through self study and practical experimentation is really helping in my crypto trading and has helped me to become very experienced.

Some common strategy that are of help to make profit include, a) Buy cheap and sell high, b) sell cheap and buy cheaper.
That is it.

What you said is so true that with out analyzing about the coin trading on them is risky, first know about what is the coin projects and how is it running and whether the developer is active and responsive. The check the community support. on that basis if you trade then loss chances are very less.

Here everything just a matter of experience and luck because here luck can make your rich perosn in minutes and your experience can help you to make you rich in days easily .
Here is myself made much profit in the altcoins trading , In the starting i was not able to make earnings Because of lack of experience .
But when I made analysis about the coins then i found 5-6 coins which were fluctuating in a particular price range , so I started made investment and started to make profit day by day easily , and after getting better success I spread my business only in the bitcoin+ altcoins trading Because I have only profit in trading .
Here my main main coins that I made profit are blry coin , trump coin , posw coin , Digibyte coin , HTC coin , Stratis coin ,  1337 coin , atc coin .

There are so many ALT coins,most of them will die soon,due to lack of trading interest however new ALT coins will come.You must see the past performance and IDEA before investing in any ALT coins,otherwise its just like a bad ICO ;D

As a matter of fact, it depends on the skills of the trader. Trading is a risky profession but if someone moves the pieces well in the chess, he will definitely not face any loss. Trading altcoin has given profits to all those who do this job with knowledge and patience. One more thing, not all the altcoins can be trusted so biter go for the famous ones who have been existed for long now.

They are indeed very, very profitable. It's risy at the same time so if to be safe I look at the volumes of an altcoin and if it has a low volume, I exit very quickly like I'm doing short-term trading because low volumes coins always getting delisted by exchanges due to lack of interest of buyers.

Altcoin market is heavily manipulated by the pump and dump groups giving undeserving coins a value and keeping the coins with potential in the dark.Makes me sick.Bunch of illiterate traders who go against the technology just to make some money.


And what if the coin has actual potential ? 

it can be pretty profitable but you have to be careful. Reading the whitepaper and getting to know if the idea behind an altcoin is good are essential. Anotherpoint is to figure out in what marketphase we are. At the moment btc is driven by the upcoming forks..Last but not least you should know something about technical analysis. How to read a chart, how use indicators and oscilators is important if you want to find the rigth entrypoint..

i have no experience yet on coin trading but i might say its profitable but sometimes u can lose ur money instead.just like someone i know.they bought the wrong coins the price drops so they get no profit and loses their money.

Yes altcoin trading is profitable.but you have to need more knowledge about that altcoin which you have to buy or sell.And you need also more knowledge and skills for the trading and sometimes altcoins trading is  risky  so it's depend you that which altcoins you have to trade.I suggest you to LTC And HTC coins for the trading.because I also got profit from trading these coins.

Yes it is profitable, I've been doing it for quite a while and it gives me much profit than signature campaigns. I trade those coins that I get on a bounty rewards and it is really amazing and satisfying. Or maybe I am just a lucky guy who always joined in a great signature campaign where their coins gained a lot of income. For me it is so muh profitable that is why I always join in a bounty campaign rather than weekly, even if I waited long enough, I can always get a lot of money.

Yes altcoin trading is profitable.But it depends on the trader how to get bigger profit.But still even little amount its still profitable.Some altcoin traders hold their altcoin hoping for it to increase.

of course profitable if you choose the right coin. I think trading altcoin faster than others to earn profits.
although not always get profit sometimes I loss

All know, the risk of trading there are two that's profit and loss. Our carefulness in doing analysis before action, will certainly result profits in trading. Yes, altcoin trading is profitable. The point is patience, and don't greedy.

True! I've traded alternative coins for 3 days and gave me a good profit though I also lose in some coins but still over all I am on profit. So yes trading altcoins is very profitable you just have to look and chose the right coin to trade.

I think alts too have bigger potential to grow in the future but with good support from people or devs has always plans for their coin to grow. Maybe they just need some time before our invesment in alt coin will gain high. It might not reach the price of bitcoin but i think several alts will go high too.

I am not a die-hard altcoin trader but I can say that altcoin trading is profitable as long as you know what you are doing. If you choose a coin that has a viable project and active developers then this coin would have a greater value in the future because traders are more focus on news and if the coin has always news then it would always get the attention of traders and investors and more people would invest in the project. There are many sh*tcoins as well but you can still profit from it because these are the coins that pump and dump groups target and if you will know that the coin is in its previous support and not that much movement then there is a possibility that it will be pump again sooner or later.

Altcoin is a digital currency that is quite difficult to predict. Because usually altcoin that has not been too popular is very much. So sometimes the increase and decrease in altcoin prices is strongly influenced by investors and how the steps taken by the developer coin. So you need to do a fairly long analysis and always see the infirmation of how the decision will affect the coin in the future. This is an option because sometimes altcoin dies and disappears very quickly, take decisions quickly and you can choose to sell when the profit range is earned.

the price are pump and dump these days, so if you are skilled, you can gain profits certainly, but i think most people will lose money by doing short term trading, its better to do long term investment

it is not easy to trade in altcoin. you need experience and cleverness to do it. I'm not a trade expert, but I've done it before. although only get a little profit.

I think the profit of trading can be obtained depending on the ability of traders in trading transactions, although seem complicated but if doing it carefully in analyzing the price movement of course losses can be minimized, because so far they get a faster profit from the trading results in bitcoin.

Altcoin trading is profitable as long as you have good skills. There is no room for noobies who only want to make a few bucks. Profits start coming as you gain experience on the market, making long-term investment, taking some risks how and then, checking the charts, analysis of the prices, etc.

Trading with some altcoins is profitable if the main thing pops when you buy at low.always check some altcoin's roadmap and whitepaper. It's difficult to predit  altcoins mate. Trade with your guts and knowledge.

I actually tried doing trading and its Honestly not easy, you have to exert skill and good mentality for you earn profit. the first time I did it makes me feel that what Im doing doest not fit what Im earning. But from time to time Im trying I feel like it really hard for me, there is no way an unwise person can earn big profit. Currently, all my alt coin now have been converted into BTC because Im prearing for the hard fork. I earn as much as I could because I believe that I might receive BCG based on my BTC after the Fork. But surely, I will be going back doing an altcoin trading.

Certain. Altcoin trading very profitable as well as to increase growth of our investment in a fast and secure way when compared with mining or other.

Mining also an altcoin trading type, but it needs you have a lot of money to buy hardware mining and create a farmer, then you still need to pay electric bills every month. And beside that, altcoin tradingis not a secure way when you start to invest into altcoin. Even this market has higher risk than mining.

It is, there is a lot of people who made a lot of money trading on altcoins. But it's risky!

Yes, It is truly profitable if you have knowledge about Alt coins and if you keep an eye on market of the alt coin in which you are going to invest your money, You just have to buy your Alt coin at low price when the price of the alt coin goes up sell it.

You should be a professional at forex to trade altcoins. There is not another easy way to became a successful crypto trader.

Yes it's very profitable if you invest in the right Alts and in the right time :)

yes altcoin trading is very much profitable than bitcoin. But in order to get a success you need a timing and choosing the best altcoin to invest. Just avoid the shitcoin below top 200 there is so small to get profit there. Just trade altcoin in market that is top 1 to top 100 as it way more valuable to trade than others

Yes it is! Especially now that the market is very volatile and there were lots of price downs recently. Always buy coins when the price is down and everyone is in panic. You will surely get huge profit when everything are back to normal.

If you are trading in volatile markets like this one, you will have some losses, especially at the beginning but at the end of a day it's like any other job, your skills will get better and you will make better choices if you work hard.

I feel like altcoin is more towards short term trading (including pump and dump) because the market movement is so much more crazy in the sense that, even when all the altcoins are dipping money still can be made. Eg. look at OMG chart.

It depends on the market and your skills as well. You need to sit and watch the market dashboard always to ensure your share gets profit.

To the truth. Every day I follow stocks, stock market and market events. With this skill you can assess whether it pays off. For beginners I advise you to start with it, it is difficult, and over time it can become a hobby (as in my case).

Altcoin is the alternate cryptocurrency. It is useful to information about every alt coin is download mining guide. Use the site it will you full to get the bitcoin and altcoin for the future growth. Mine and exchange it. You will keep it altcoin it will get more profit in the future. It become growth for the future and more profit for the good gaining. bitcoin is give more offers it will useful you.   

In most cases more profitable will be to just hold BTC/ETH/NEO.

I understood that trading is not for the faint of heart. To make the right decisions you need a cold mind. And of course the luck we need.Then we get good profit.

I understood that trading is not for the faint of heart. To make the right decisions you need a cold mind. And of course the luck we need.Then we get good profit.

It's far great feeling to earn bucks with altcoin trading. I mean look at the number of coins out there. At least one in hundred will pump 100x everday and if you are lucky enough to hit the stakes into that coin then voila you got the jackpot.


Not only this, we can increase the odds of hitting pumper coin by enrolling into pump groups, as well as investing into ten to fifteen different coins. For sure this works and 99% gets profits within a month of investment. Amazing ways are out there and hopefully everything is still in the favour of alts.

It is for me.. If you dont do homework on a buy then you have yourself to blame for the loss. But alittle bit of reading can lead to a nice bounty.

Depends on the Alt coins you invest in, alt coins can be money makers, and money losers.
Choose wisely and do your research. If it sounds too good to be true, it probably is!

not all altcooin can bring profit, if you want to get profit,
yes you have to properly choose the right coin

Are Altcoin are profitable if already learn all about thats coin.
according the general concept all of trading method, there is 2 methods how analyze the market.
the first one is

Fundamental Analyze.
in this method you can know the predict of coin movement according to the news.

technical analyze.
this method using your expert experience for analyze the movement of the coin.
if you already know all about the coin whom you trade. this method can make you get profit with percentage 90 %.

Every trading is profitable if you do your own research and do trading with fundamentals. Altcoin market is very volatile and never do trading on anyone advice and make trade after all research and proper information about any altcoin.

because the market is still very young and there are not enough statistics, then when trading with altcoins, the price behavior for TA is not so predictable, as for example in the stock market. The movement of prices is very prone to news background and manipulation. Therefore, I would trade for a short distance - a few days and did not wait for x10. 20-30% of profit every 2-3 days is also quite good. But all this is true provided a stable bitcoin course

Yes it is truly profitable if you only know how to trade. Basically for trading, if you want to buy a an alt coin, wait for its market value to drop so you can buy more tokens of your choice in a lower price because that's the time when investors try to invest since the market value has decreased. And once more investors will invest, it is expected that the market value of the said token will also rise.

Im not really die hard in trading bitcoin but i alread experience some trading that i rather get some profit like in btc, because i hold some bitcoin before this month, my bitcoin now is really get a big profit a almost double then i suddenly trade it to fiat then waiting for the bitcoin to dump again.

How much percent profit are you guys aiming lately? 30%  ;D

Trading alt coins feels like trading forex to me volatility wise. It is like you are using leverage to trade. I'm investing both btc and alt coins and so far I earned bit more with alt coins comparing to my btc portfolio earnings.

Is Altcoin Trading Truly Profitable ?

My answer is YES, not only for altcoin, but in trading itself. I believe that trading is truly profitable. I am not a trader but I have friends who are already into trading in altcoins, and yes they do profit from it though they don't tell me exactly how much they gain from it. But I believe that's subject to their privacy so I respect that.

Initially doing trading activities in altcoin certainly very profitable but it depends on yourself because in trading activities in altcoin of course you should be able to read the market share of crypto is moving. yes of course you will get a loss if you buy coin the price is up I think you should do in trading in altcoin is where you have to buy some kind of altcoin, so I mean you do not just fixate on one coin only, do trading on some altcoin to have a support in other coin types when you are experiencing a loss on one of the altcoins you have.

It was a look like dream that is 100% sure Altcoin is a truly profitable if you know crypto currency very well. Who know about trading he make a very huge profit in a short time. Altcoin price all time ups and dwon so we should hold it altcoin and make sure profite.

see altcoin's price movement itself is able to move quickly its value so that it can be more expensive and ensure the amount of market demand available. that way trading on altcoin can be profitable if we can carefully select the type of coins that will be traded. on the other hand altcoin price movement is very slow when compared with bitcoin, therefore from trading on altcoin we could not only get profit but can lose the number of coins traded if not carefully select the type of altcoin that will be traded.

There are some complications always in trading. If you want a profitable trade you should keep some important things in mind.
Buy of 60% of your capital amount.
Search for a specific coin after searching market.
Check its monthly progress of that coin before buying. Wether it is active or scam.
After buying coin hold it and set a sell order on 10-30%.
Dont panic. Just wait for your profit.

Just like others say, it is necessary for anyone to be legendery before he/she can profit on altcoin. Maybe it is just a matter having the right decisions, picking the right crypto and being lucky one. Even if you gain a lot of altcoin but if that coins are not commonly exchanged in wallets(not yet supported), there is no use for that. Holding a lot of altcoin can become more and more risky but there is still possibility to be profitable.

YES, ALTCOIN trading is truly a profitable work. One can gain a good profit out of it. It is very famous in market.
There are many people out here which are getting a good profit from Altcoins.
The thing you should keep in mind is that just be careful always while investing in it because there are some scams also.

True, the market is very volatile and you can for sure make some good money trading altcoins, they usually have a standard price amount and will drop time by time, if you anticipate good and look for news you should always get some good profits, I recommend investing in good altcoins though and not the shitcoins since they are truly used for pump and dumps.
If you are a more experienced trader you can also trade bitcoin but I would not trade it if you have less than 4 bitcoin because the profits less will suck hard.

I do think that alts are profitable as their market is volatile and due to increase in bitcoins all prices have went down which is good thing as you can buy alts at low now and once they rise then hold and wait for profits.Always keep the coin you are going to invest an eye on its monthly or weekly ups and downs after that invest in them.Always keep calm and then 0after some experience you can earn profits.

Yes it is profitable , when you can see the swings and predict it.
Now you see prices go down because people want to have btc for the fork.

Your question is truly amusing ;D. Alt-coin trading is truly profitable for the long term investors who do their research and due diligence before parting with their bitcoins. While alt-coin trading is truly heartbreaking for those day traders who think they can get rich quick in the twinkle of an eye ;D.

Altcoin trading is profitable and the same time you can lose big time

It's profitable if you have good trading strategy and if you have enough money to have a decent profit.

im thinking yu have to be lucky !

I also think so that altcoin trading is profitable but it need a lot of experience and knowledge. you must need a lot of study about bitcoin, you must get good information about altcoin. without study altcoin it is very difficult and risky to choose the right place to invest your money. Because not all altcoin can give you profit, as most of the altcoin are dead or near to die, and it is important to recognize such altcoins.

Absolutely, you just have to be plugged into whats going on get in ICO's during bonuses or get shortly after on news etc... You have to really pay attention and be involved in many groups tallk to alot of people to figure things out. Not easy but if you now what your doing you can make a shit ton onf money. .

Look for patterns, certain coins seem to trade in quite a consistent range eg EOS, LTC, XRP. Buy in when Bitcoin starts firing and sell when BTC starts pulling back. Don't shoot for 100% profits on every trade.

Yes altcoin trading is truly profitable because ive earn some money using altcoins by converting it into bitcoin. You must have to be patient in trading because sometimes the prices of the altcoins is rising and dropping it means the price is varying so dont get to your emotions and trade wisely to be able to earn more bitcoin.

It has been profitable with me as long as you have strategies to follow and discipline.
you will lose money if you go from emotional trading

Altcoin trading is profitable in the long run not just on short term. If you are good in controlling your emotions and patience then you will succeed in it, especially if you have a lot of investments as the more Altcoins you have, the more profit you will gain from it. You should also look to ICO's (new ones) such as Bounty hunting or Airdrops which some of them giving free tokens (i only suggest this if you don't have money to invest). Which might turn luck on your side and earn a lot.

So the basic principle in Altcoin trading is to have patience and control your emotions, don't look on a short term, look for the longer future.

Actually it depends on what you are trading in. There is a few ways to judge whether you are profiting or not. One way may not means it is profitable in another way. For example, if you have invested in a certain alt coin at $0.20 each. Price of bitcoin up by 20% while your alt coin up by 2 cent to be $0.22. So in term of fiat, you are profitable but in term of bitcoin, you are losing. So you have decided which part you want to be in and from there it is easier to manage.

Is Altcoin Trading Truly Profitable?

I believe the answer is no for 90% of traders.

as long as you know what you are doing then,
for me altcoins can also be truly profitable.
i would even say investing in altcoins is more profitable than investing in bitcoin.
imagine investing same amount with bitcoin and on a altcoin.
a great possibility that you can double your money or even more can be seen with altcoin.
since their price can really pump in just moments.
of course altcoins is also very susceptible to dumping and you may also lose all your investment.
that is why you needed to do a real research before choosing what coin are you going to invest.
:D

All the factor mentioned about are very important After that experience in the altcoin trading is must. You can do virtually trading for one month and note down your profit or lose every day. After that altcoin trading may be truly profitable.

LOTS of alt coins are just ways for the devs sell you junk for BTC, but there are a lot of solid projects too. It all depends on if the alt has substance or not. If it is hype, then be very careful. I don't think it is the worst idea to buy an alt that is down with the intent to turn a profit, but don't get suckered into a hype train...  8)

Yes it all depends on choosing the right choice of alts for your portfolio. Basically the price of the alts depends on the price of bitcoin most of the time. There are few alts that has the potential to grow and sustain with the bitcoin otherwise mostly the alts price increases a little.

However hard predictions and analysis were made, everyone can't get the right choice of altcoins. Better is to study the market situation and pick the altcoins for trading and then based on the growth or decline in value holding or selling instantly seems to be the better form of trading or profiting through altcoins.

Truly it is! Particularly now that the market is extremely unstable and there were bunches of value downs as of late. Continuously purchase coins when the cost is down and everybody is in freeze. You will without a doubt get enormous benefit when everything are back to ordinary. I purchased a coin a month ago and now I have 150% wage from it. In the event that I offer it fourteen days prior and I ended up plainly restless, possibly I won't have that sort of pick up from it. Understanding is the way to altcoin trading.Determining whether altcoin exchanging is beneficial or not relies upon the sum you are putting resources into exchanging. A little measure of venture would create a little measure of benefit. It likewise relies upon what technique you are utilizing. My fundamental methodology is to not offer in a misfortune.

Not all altcoin trading is profitable. The advantages of altcoin trading are determined by skill and strategy. the first time I traded altcoin I suffered a lot of losses and after a few tries and learns in the end I can trade altcoin by making a profit.
so Learning and experience are also part of the most important thing in altcoin trading in order to benefit.

With what I have seen so far in altcoin in terms of rises and prices. I 'll bet the profitability of altcoin outweigh it's short term loses! You can practically become a big bag holder of altcoin with right mind set and a millionare too.

It is indeed true. If you want proof, you can watch videos in youtube where people tell their stories on how they started from the bottom and then making trading a good source of income. Some of them even quit their jobs and only focus on trading because they get much money compared to their monthly salary.

Yes its true that Altcoin is really profitable. Your earning depends on your strategy. You must know when is the right time to buy & to sell your coin.
And the very important thing to remember is you must know how to control your emotions & always bear patience, as the value of  coins often goes up and down.

Trading of altcoin is also profitable if you do trading by rules and basic knowledge as trading is a risky game without knowledge due to high volality here.

Yes this is so true, trading Altcoins is indeed profitable but it depends on your strategy and the coins you are trading with too. It'll take so much of your time because you have to do some digging on these coins and read charts too to know when the price would go up and down. It really takes so much of your patience too because it is not all the time that you profits from these coins.

Not in our country but we look at the foreign countries they are focusing in the crypto currencies and there are hundreds of digital currencies are operating in the world as time passes they are moving to the income earning sources like now a days online shopping and other games and online purchases are done through alt coins and now they are the millionaire because they have used the crypto currencies.

Absolutely right alt coin trading truly profitable because i am a regular trader but everyday good profit not possible from trade.Analysis about coin it is most important thing.I like trade with waves and i got big amount from waves trading.

It is not the matter of being profitable or not, rather the communication gap created among people for altcoins. We all have heard about bitcoins and bitcoins every time. Altcoins are of same capability but only the matter is of concern and attraction of users toward their best coins. So altcoin are profitable enough, just need some concern.

Yes i am agree with you its all up to you for which you can earn even if you trade in bitcoin or altcoin but the results of it will up to you so for now everything is profitable even altcoin. But i may agree that it is profitable to trade in altcoin.

Truly and surely, this statement has been proven of all community. I am also a trader and I can get profit in trading my coins in web exchange. I can get profit more than earning in faucets. My strategies are always come up or end up with my highest expectation. The price order can also helped us to trade our coins with a highest value.

Altcoins are the best for profit because of all the ways you can get more altcoins! There are faucets, bounties, airdrops, signature campaigns, social media campaigns, etc. When you combine the profits you make off of buying high/selling low with all the ways that you can enter the market for free, altcoin trading is immensely profitable. Honestly, I've earned probably about 90% of my income from altcoin trading. You really have to stay diligent and try to get in early, as the intial coin to market is a great time to buy in as after that it's anyone's game. Getting in early is the key for profit most of the time.

Altcoin is profitable but it will depend on how you handle it right. Trading needs more time and skills for you to get a profit. Altcoins is very different from bitcoin. Bitcoin can be a good investment even in a long term but not with alts. Alts need extra time because it may dumped in just a couple of minutes or hour.

I'm not die-hard altcoin trader neither yet trading, but when I saw my friend earning in trading coins, me was like "Oh, I want to trade also. How?". This friend of mine is really that die-hard and he knows to play this crypto games.

Yes altcoins are profitable, but a smart pick is very important in trading industry. And be optimistic enough to foreseen that your picked altcoin will have a huge pump in the coming days. Just hold for a while and make a trade when it is in the right price, be wise and have a smart decision or else you will lose.

Same here. Very far from being a legendary and die hard trader.  ;D I would just like to add a little to some very good points already taken by Zeeks here. You need to follow your altcoins closely. Monitor them every now and then. Watch out for some upcoming announcements, partnerships, and additional features. And then be firm with it. Do not just cut loss easily. Wait for the price to gain before selling. And then once it dips, buy again.

Bitcoin currently makes up for 56% of the whole crypto market. This means that from every 2$ to enter the markets, 1$ will go into Bitcoin.

For this reason alone it is tough for altcoins to outperform Bitcoin. Generally spoken of course, since there are many exceptions. For example take a look at the most successful ICOs: https://www.cryptomus.com/

Still, this mostly is a gamble and proper analysis doesn't mean a whole lot, since the crypto world is even more irrational than other markets.

Alts are only profitable when bitcoin is moving sideways

If bitcoin goes up, alts go down
If bitcoin goes down, alts go down

Yes, Alt coin trading presents the great possibility of asymetric gains but is also more risky to trade. It is important to know a exit strategy before you enter any trade.

Yes, it's profitable indeed. But like any other valuable path, in this road you hit the ground 100 times before you know your ass from a hole in the ground and you start doing good trades.

Best part: other people stop after 10 falls. You will be special if you stand up after the 100th. Hence ===> profit. http://emoji.tapatalk-cdn.com/emoji4.png

If you want to get into alt-coins, right now is the time to do it.  Read until your eyes bleed, then choose a few different coins you believe in that have also bled as much.

If you have gotten profit in trading, could you share your experiences first? I am looking a good way to trading and investment but I haven't found out yet.  :'(

Yeah , trade in which you profit more . Patience to wait for price jumps . And sometimes ypu need to take risks to profit much more , but be wise though . Goodluck

Trading is really profitable if you can buy and sell at the right time.
experience only I not enough for determine what timing to buy in and sell out.
You will need a  lot of time study the market and gather information about the coin you are trading, and pay attention to political action which occurring to the crypto currency market.

although I speak a lot about trading profit, actually most of my profit still come from the DICE game on the exchange site. ;D ;D

I don't have an experience with it but I think it is profitable if you know how to play the game with it.just saying  ;D

Well trading is risky..i am not a legend in this field and with the little experience i say that,...well buy yes there are some people who are earning regularily with it

One of my best trades... or "holds" was GAMBIT from it's ICO.  Not sure how much it's up from 10k sats, but i'm doing 'ok'   Also love the room and the OG's in there. 

  Yes altcoin is also profitable but the thing is that we have experience in crypto currencies. Some time we even don’t know the price fluctuation in a couple of minutes and that fluctuation bring high changes therefor we may say that now a days altcoin is profitable but to keep in mind the correct time and value. Altcoin is very profitable in a sense because people are liked it and it has a good value in the crypto market.

I also agree with your trading technique. The amount of money that can be made from trading Altcoins is really large, it all depends on the coin and the investors.

Yes investing in altcoin is quiet profitable as others have said let's say you invest $2000 in bitcoins now if bitcoin rises 2% which will make you only $40 while investing $2000 in altcoin price at $0.2/coin and if that coin goes up to 2% you will make $200 but it all depends on which coin you choose to invest and market situation.   

Yes i think trading is the most profitable way for a good earning source. i like altcoin trading. it's gives us a instant opportunity of a big earn.
i think trading is the most profitable way better then coin holding.

Well coin hodling as you're saying is also profitable in the sense you choose the right and the best coins for long term. Trading is really profitable as long you know how to assess the best to invest on which coins will gives a profit. Indeed altcoin trading gives a chance for traders to earn just ride with the train of altcoin movement in the market.

This is very important in trading control the emotions when trading. If not, this will give a big lose and provide extra mile in trading for you to earn profit. In order to make profit in trading it should be create analyzation on what coins you should invest, so at the end profit will gain.

I'm a pretty bad altcoin trader but even i make some good money
i mostly look at the fundamentals of coins, the team, the name etc. to make sure that it's a good investment
but there are times where i just buy into a coin with a lot of volume on bittrex and it worked most of the times.
btw bittrex still didn't reenable my account even though i did everything they asked of me, any high volume alternatives?
sorry for the off topic question

i could say yes, altcoin trading is truly profitable but if we only have a good list in our analysis note because once we make wrong analysis then we can not make profit from altcoin. but we need more selective to choose every altcoin that we want to buy because almost all altcoin is at the bottom price and it makes us to choose with carefully otherwise we might have loss the chance. but i still believe that there is any altcoin that will help us to make profit and we only need to search what the coin is.

Learning from experience is the most important thing to do in altcoin trading, I feel a loss when starting trading in altcoin with no regard for whether altcoin type can increase in value or vice versa. but after I can understand that for every trading in altcoin the most important thing is to look at the development of the coin, and until now I feel a lot of benefits because it can learn from previous experience.

Only if you invest at the correct time and in the right coin. Some coins are just copies and fail within the first few days where others such as litecoin are definitely profitable.

Honestly, cryptocurrency Investment is quite unpredictable. Altcoin investment is very risky.

you need to be very careful. it can be very profitable and it can also be destroying your money. if you catch right ones, they are just amazing. you can grow your money very fast.

You have a point because in trading we might win or we might end up losing. In order for us to gain profit we should be very careful in choosing good altcoin to invest. Because at the end it will give you profit and win the game.

Yes it is,i started trading at $500 and now my portfolio is now $12,000 for only 6months thats the power of crypto trading.

Yes I believe altcoin trading is profitable,why cant you see the marketcap of altcoins and decide this.

Of course, Altcoin Trading Truly Profitable.I'm starting trading with $1,200 and I profited $4000+.I have been able to profit better in 6 months.If you trade with good coins, you will get profits.So before that good coins will be buying and hold for a long term.

Altcoins trading I think is profitable if we understand and smart to analyze the market and also altcoins that we want to trade. If you are not good at analyzing you should not trade.