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Author Topic: How hard is it to make money of altcoins?  (Read 993 times)
kryptqnick
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September 22, 2017, 06:27:38 AM
 #21

I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
I would recommend to split your investment between waves (it's only $3.8 now, can give you around 90% profit), dogecoin (it was worth twice as much not long ago, so a 100% profit), monero (around 40% profit) and litecoin (for 45% profit). Just don't panic, invest, set the prices of selling in advance (bittrex allows you to do so) and try to forget about all this for a month. I'm sure you'll return your money. Just don't invest in coins nobody knows, they can give you both high profit and fast loss of it. Good luck!

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Cnut237
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September 22, 2017, 08:42:35 AM
 #22

Different people have different strategies. A lot of people say the best time for trading alts is when bitcoin is stable, as this is often when alts get pumped because people can't make money on bitcoin movement. But you need to know where you are going to get out, don't get too greedy or else you can easily end up losing. I think it is generally best to sell whilst the coin is still going up, so long as you made a profit.






vfrcbv91
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September 22, 2017, 09:10:24 AM
 #23

I can only tell about my experience. I'm on the crypto market only about a year, and I managed to raise from 420$ to 2800$ at the moment. The most important thing is money management and a cool head in the calculations.
axiline
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September 22, 2017, 09:22:30 AM
 #24

It's not hard at all. Just a few successful trades on LTC or ETC and you will start to beat your deposit! Be patient and careful!
rayk
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September 22, 2017, 09:39:25 AM
 #25

In fact it is very difficult to make money but people think it is very easy here to make money but that's not true, everyone is just talking about losses not gains.
SmokeMcPay
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September 22, 2017, 09:41:31 AM
 #26

I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.

https://bitcointalk.org/index.php?topic=1715214.0

Check this post about gunbot it seems to be a good investment to earn from by trading altcoins, many people support this bot and the algorithm is use can be applied manually.


yillusion
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September 22, 2017, 09:48:29 AM
 #27

I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
if you plan to make money of altcoins for short-term, you must have the professional speculation skills and well informed, but most people didnt have, even worse, some gain profits for the whole market rise up and they think they are capable due to this
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