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Author Topic: Trading altcoin and holding bitcoin which one is more profitable?  (Read 13275 times)
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March 31, 2018, 02:29:58 PM
 #541

I think the main thing is the rates, If you are watching the benefits ratio then you can easily make decision, I think the profit ratio is depending upon the market condition if you trade altcoin may be you bear loss in the same way in bitcoin, So the main thing is to understand the market and pull and bull of altcoins,
I think for me it depends on what you consider profitable and what your goal is. If you just want to increase your dollar value you should be good sticking with a hold bitcoin strategy. However if you want to earn more bitcoin you should start trading altcoins. And that doesn't necessarily implies day trading, you can also accumulate an undervalued coin and sell it for a big profit later down the road.

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March 31, 2018, 02:30:10 PM
 #542

I think it's better to keep bitcoins for profit but all those profits depend on the increase and decrease in the price of a bitcoin. Better to keep altcoin also because when bitcoin prices fall, altcoin prices usually tend to increase
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April 02, 2018, 09:45:34 AM
 #543

I think the main thing is the rates, If you are watching the benefits ratio then you can easily make decision, I think the profit ratio is depending upon the market condition if you trade altcoin may be you bear loss in the same way in bitcoin, So the main thing is to understand the market and pull and bull of altcoins,
I think for me it depends on what you consider profitable and what your goal is. If you just want to increase your dollar value you should be good sticking with a hold bitcoin strategy. However if you want to earn more bitcoin you should start trading altcoins. And that doesn't necessarily implies day trading, you can also accumulate an undervalued coin and sell it for a big profit later down the road.
Altcoin is an optional to earn more profits from the cryptocurrency market. But according to my experience, trading altcoin do not easy like your thought. Trading Bitcoin, you only need to follow the rate Bitcoin/USD. But trading Altcoin, you always need to follow the rate Bitcoin/USD + the rate Bitcoin/Altcoin. Therefore, there're many traders forgot the Bitcoin rates and trading in bearish trend. And the result for those people are lose money.

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April 02, 2018, 10:16:58 AM
 #544

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 prefer to trade altcoin rather than just let bitcoin I have just silent because if you can trade altcoin and can benefit from altcoin trading then you can get a lot of profits and auto bitcoin you have can grow a lot.

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April 02, 2018, 10:23:47 AM
 #545

Trade according to market condition.

When Bitcoin suffers a pump or dump, usually altcoins follow the suit. So in case of high bitcoin volatility,  try to go for cryptocurrencies futures trading on Bitmex.

When Bitcoin remains stable for a quite a period, usually altcoins get bullish. That's the best time for trading altcoins. In such a case, the dollar flows from Bitcoin to altcoins which makes altcoins highly volatile and perfect for shorting profits.


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April 08, 2018, 03:12:40 PM
 #546

Of course trading on altcoins is more profitable. But also it is more risky! By trading with bictoin you can earn stable profit, but if you want 10x, you should recognize risk of trading with altcoins, and trade on them.
I like to trade altcoins but i think holding bitcoin is still more profitable, we all know that we can earn many profit doing trading with altcoins, but holding a bitcoin until it price will go up or pump is very profitable. And almost all people here in crypto is prefer to hold because it really profitable.

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April 08, 2018, 04:13:53 PM
 #547

altcoin trading will be more profitable because not all coin prices drop like bitcoin, maybe you can trade coins whose prices start to rise like ignis, nxt, and others because by holding bitcoin not necessarily bitcoin prices will rise in the near future.

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April 10, 2018, 06:00:38 AM
 #548

I think the main thing is the rates, If you are watching the benefits ratio then you can easily make decision, I think the profit ratio is depending upon the market condition if you trade altcoin may be you bear loss in the same way in bitcoin, So the main thing is to understand the market and pull and bull of altcoins,
You can not consider in situations like if you are trading with altcoins and holding Bitcoins but can consider while trading with Bitcoins and holding Bitcoins that is understandable but the first one is not understandable as trading with altcoin will give you a very least outcome while holding Bitcoin is a huge thing and its outcome is very huge. In both cases you will earn most with Bitcoin investment by holding the coins and sell when the price is going up.

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April 11, 2018, 12:28:44 PM
 #549

Trading altcoin for now is better than just holding bitcoin,  I only tell those who have little or no knowledge about trying to hold btc instead of moving coins around and end losing it.  But if you are a professional in trading,  you can swing around different crypto coin instead of sitting down and waiting for the year btc will regain it's initial value.  Make sure you check the coin well before trading it in other not to get stucked because on thing I discover is that if btc goes down,  altcoin goes down.
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April 11, 2018, 12:30:42 PM
 #550

I hardly believe in the fact that daily trading may bring any significant profit...

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April 13, 2018, 02:36:42 PM
 #551

For me both are profitable but holding bitcoin is less risk than holding altcoin.

Yeah that right. There is almost certainly that holding Bitcoin for a year will be profitable. If you are a professional trader, you make a decent income on it. Altcoin offer chance to those individuals can't afford to begin on the bitcoin. You can begin Litecoin, Ethereum, Ripple. If you purchase the bitcoin a week ago for beyond any doubt, you make a benefit today.

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April 14, 2018, 09:45:20 AM
 #552

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 ?
Why we are here if the holding bitcoin of even trading the altcoin is not profitable! We all here because we know that cryptocurrency is profitable even there some altcoin is not pleasant. We can only say those crypto coins is not profitable because you don’t control yourself, it your fault. Bitcoin and altcoin are volatile this a challenge for everyone to get a profit to them.
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April 14, 2018, 10:31:52 AM
 #553

I think trading altcoin for now is better than just holding bitcoin.we all know that we can earn many profit doing trading with altcoins but all people here in crypto is prefer to hold because it really profitable.you will earn most with Bitcoin investment by holding the coins and sell when the price is going up.

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April 14, 2018, 12:17:19 PM
 #554

I think, bitcoin and altcoin are both profitable and altcoin also has a price that is not bad so if you trade in bitcoin and altcoin it will give more profit for you

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April 14, 2018, 02:58:19 PM
 #555

I think, bitcoin and altcoin are both profitable and altcoin also has a price that is not bad so if you trade in bitcoin and altcoin it will give more profit for you
Apparently it's Bitcoin and the etherium that can bring you a one hundred percent guarantee in your profits. The fact is that almost all the Crypto currency is built near these two coins. I think that if he even has further prospects Why Bitcoin, but Bitcoin will give an opportunity to increase his state several times with the help of his potential.

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April 14, 2018, 03:11:05 PM
 #556

today, the high bitcoin price is due to the large majority of the limited bitcoin. This value will jump even higher if more people use bitcoin as a means of payment. By understanding the workings and technologies on bitcoin, that digital currency will revolutionize the system banking, changing the way people transact, and can be accepted by everyone. So there is nothing wrong if you hold bitcoin as an investment. while altcoin itself is unstable value and is a newcomer that has not been widely known by the public so that the description of altcoin remains unclear.

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April 14, 2018, 03:28:14 PM
 #557

The real answer is really depends on how we are going to manage our chosen way for us to gain profit. It is much easier for many people to deal with bitcoin in a transaction basis but there is also group people who find trading as an effective way for them to earn and to make profit by dealing with buying and selling token or alternative coins in relate to the current price of bitcoin to earn and make a profit.

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April 14, 2018, 03:31:54 PM
 #558

I think it will be more profitable it you choose to hold your bitcoin because it will be less effort since all you need is to wait and as the time passed by, you will received a huge amount of return on income.
Doing both trading altcoin and holding bitcoin can be very profitable, and if you are really expert in trading altcoins i will advice that you should choose to trade altcoins, but if you are really great on waiting  you should choose to hold bitcoin for long time and earn many profit on the right time.

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April 15, 2018, 11:19:58 AM
 #559

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 altcoin is more profitable than holding bitcoin. Let's say for example, you are holding an altcoin at 1$ per token, then the next day the price of altcoin increased from 0-100% this is possible because we are talking about altcoin. If you convert it to bitcoin after that, then you will likely to earn more profits compared to holding bitcoin in which you are not sure of how the price would turn out.

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April 19, 2018, 11:15:42 PM
 #560

Trading Altcoin is more profitable but why not go for both for the sake of diversifying your portfolio. Always great to include a better & more stable Cryptocurrency to your holdings
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