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Author Topic: Trading altcoin and holding bitcoin which one is more profitable?  (Read 12134 times)
darthmaul
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August 25, 2017, 03:00:24 AM
 #101

I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?


Yes of course saving is always a good thing to do in the crypto world, because everything here gets value as the time passes. However, you can consider yourself trading altcoins as well after getting to know how to do it and what to do with it. You can trade hundreds of coins daily from the exchanger list and you can get profited, which you can later put into your bitcoin wallet and benefit double. So in your life you will have to invest fiat currency only once and then go on trading, earning profits, and then sending back those profits to your wallet and then reinvesting the cycle again. It will help you generate revenue in long term for sure.

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August 25, 2017, 06:15:13 AM
 #102

Trading altcoin is more profitable rather than holding bitcoin because if you are going to trade altcoins very well then you can earn a lot of money in just a day because there is a lot of coins to choose from and one of the examples of that is litecoin, ethereum, ripple and many more. If you just going to hold bitcoin then you maybe make some profit but it is not a lot because you are not even touching it.

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August 25, 2017, 10:13:04 AM
 #103

It various from person to person some people are lucky enough to make more profit from trading altcoins but some people don't have that talent in them so they hold bitcoin. You can try trading if you feel you are making good profits continue or just hold bitcoin like how everyone else does
Trading requires skills, experience and patience. It has nothing to do with luck. If one can do it, you can also do it. For a newbie, it is better to invest a little to gain required knowledge. Both are beneficial in lone terms and I suggest buying bitcoins with trading profits and then do bitcoin trading also.

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August 25, 2017, 10:22:39 AM
 #104

That's right. Trading alt coin is usually more profitable, but much more volatile as well (meaning more risk). As long as you trade with a target or a goal, you should be fine, just don't blindly hold on to any alt coins, as it could result in you losing majority of your investment.
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August 25, 2017, 12:55:58 PM
 #105

I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
I think both are also profitable, but if you want big profits I suggest you trade, but have a risk. If you dare not take the risk you just hold bitcoins and wait for higher prices.

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August 25, 2017, 07:23:06 PM
 #106

Trading bitcoins is actually more profitable, but with more profit comes more risk so we should also note that when trading. The market is a very scary market and only the serious ones should even attempt trading the currency.
This is why if you do not know anything about trading then it is better to stay away from it invest in bitcoin and in a few other coins that have potential but try to hold for some time a few months and even longer if possible in order to avoid selling at a bad price and losing money as a consequence.



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Rainbot
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August 25, 2017, 07:35:21 PM
 #107

Trading altcoins is far more profitable than holding bitcoin. If bitcoin double in price from were it is today we may be seen it at $8900 this level is too high for us to get to for now but you can buy an altcoin today and see the price going up as high as 10x in just a week.

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August 25, 2017, 09:42:20 PM
 #108

It various from person to person some people are lucky enough to make more profit from trading altcoins but some people don't have that talent in them so they hold bitcoin. You can try trading if you feel you are making good profits continue or just hold bitcoin like how everyone else does
Trading requires skills, experience and patience. It has nothing to do with luck. If one can do it, you can also do it. For a newbie, it is better to invest a little to gain required knowledge. Both are beneficial in lone terms and I suggest buying bitcoins with trading profits and then do bitcoin trading also.
Both are profitable but depends upon your strategy. You can earn huge and huge profit in bitcoins by saving. Buying in low price and keeping that in wallet and then selling at high price. Likewise you can earn profit in trading altcoins on daily basis. Just make you strategy strong. But ultimately trading daily in altcoins and resulted profit if used in bitcoin trading that will be buzz profitable.



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August 25, 2017, 10:44:54 PM
 #109

Trading altcoins is far more profitable than holding bitcoin. If bitcoin double in price from were it is today we may be seen it at $8900 this level is too high for us to get to for now but you can buy an altcoin today and see the price going up as high as 10x in just a week.
Not as easy as you think, benefiting from altcoin trade is very risky. Someone suffered a loss with altcoin. If one predicts the movement of a coin then your money will be stuck there.
All at risk, it teaches you to always be careful and keep learning to people who are successful in their field.

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August 26, 2017, 01:54:17 AM
 #110

That would depend on your strategy. If you had bought BTC at a lower price keep on hold it because its value now us is still increasing more profit will goes your way. Same with altcoin it would just make sure that you bought the right altcoin to invest.

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August 26, 2017, 03:50:27 AM
 #111

That would depend on your strategy. If you had bought BTC at a lower price keep on hold it because its value now us is still increasing more profit will goes your way. Same with altcoin it would just make sure that you bought the right altcoin to invest.
If you bought bitcoin from a lower price then that means that you are getting more amount of bitcoin and you can use that bitcoins to buy a lot of altcoins in the market and that is going to be your strategy. You are just buying bitcoins from low price and you will use it to do shopping in altcoins so if the altcoins goes up then you can earn more bitcoin and also from the value of bitcoin will also rises up so it is a win-win situation.

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August 26, 2017, 06:10:51 AM
 #112

I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?


Yes of course saving is always a good thing to do in the crypto world, because everything here gets value as the time passes. However, you can consider yourself trading altcoins as well after getting to know how to do it and what to do with it. You can trade hundreds of coins daily from the exchanger list and you can get profited, which you can later put into your bitcoin wallet and benefit double. So in your life you will have to invest fiat currency only once and then go on trading, earning profits, and then sending back those profits to your wallet and then reinvesting the cycle again. It will help you generate revenue in long term for sure.
Well pretty good options and well advices. I think you said that all things are good, like trading alt coins and savings bitcoin all are good, all we need is and experience and knowledge to get involved on this. Can you suggest some of the trading platform for bitcoin, because I have pretty much amount of bitcoin, and I love our advice and I think I also have to start working for trading now and gather maximum amount of bitcoin.

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August 26, 2017, 06:16:19 AM
 #113

Both options are profitable, given that you know how to go about them. Holding Bitcoin definitely proves profitable in the long term, if you have an idea of where the price will go. Trading altcoins is risky and you have to choose well not to stumble upon a shitcoin.
That is good choice because trading altcoins and holding bitcoins are profitable, trading altcoins are good for active profit income in daily, weekly and monthly. The profit from trading altcoins can be invested for long time in bitcoins, that is fair desicions on investing into digital coins than find the most profitable in altcoins or bitcoins because basically the on digital coins can not be predicted by investors.
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August 26, 2017, 07:11:18 AM
 #114

Holding bitcoin is more profitable, altcoin is a very risky investment to do because it doesn’t have a solid base like bitcoin has and anything can happen to the coin at anytime
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August 29, 2017, 11:23:07 AM
 #115

I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
Trading bitcoins is actually more gainful, but with more revenue comes more danger so you should also note that when trading. The marketplace is a very intimidating market and only the stern ones should even attempt to trade the currency.



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August 29, 2017, 11:33:03 AM
 #116

if you know what you are doing, then trading altcoins is definetly more profitable. At the end we all trade to get more btc.
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August 29, 2017, 12:03:05 PM
 #117

If you are a good trader then trading is always a good option. But if you are not a good trader then holding Bitcoins is the better option. Because the profits you can make from holding Bitcoins is not in your hand , trading is more preferable only if you are a trader.

   
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August 29, 2017, 12:35:28 PM
 #118

If you are a good trader then trading is always a good option. But if you are not a good trader then holding Bitcoins is the better option. Because the profits you can make from holding Bitcoins is not in your hand , trading is more preferable only if you are a trader.
Agree better option with that if you are not a good trader much better to hold your bitcoin if you have some bitcoin and interns of trading is altcoin.


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August 29, 2017, 02:59:54 PM
 #119

Speculator more likely to grow bitcoin they have on trade. because there is no activity gives better graph than trading especially altcoin which is higher than bitcoin volatility. If the target is make profit, trading more profitable than holding.


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August 29, 2017, 03:04:27 PM
 #120

Holdiing your bitcoin seems to be more profitable by the day. Trading does not guarantee profits and can be very stressful. That said, there were times you had to beg people to accept your bitcoins, not anymore.
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