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Author Topic: Trading altcoin and holding bitcoin which one is more profitable?  (Read 12059 times)
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August 22, 2017, 09:11:40 PM
 #81

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 ?
There is not a definite answer for this, if you are good at trading then trading altcoins is without a doubt a better business but if you suck at trading like most people then it is easier to buy bitcoin and hold it and obtain more profits than what you could have got in trading.
Yes, altcoin trading will be profitable only for the right traders but holding bitcoin will be definite profitable for anyone. Like many people here I am also doing both of these as I allocate some funds for risking with altcoin trading and obviously I am loving to hold my bitcoin saving for long haul. Compared to my altcoin trading, holding bitcoin is more profitable in recent times.
Yes it might profitable in some cases when you cannot effort high price of bitcoin then go for ETH earn from there then invest into bitcoin but somehow it is wrong concept if you want to go for bitcoin then directly buy some bitcoin then your price will become very high so I would like to say that you should need to understand the situation.
Yep, why to go long way when you can directly approach bitcoins. It is far better and comprehensible to directly invest into bitcoins even if the investment is very small. Besides in the current situation, we need to understand that bitcoins should no longer be used for daily trading. Treat them as long term holdings and use altcoins for trading.

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August 23, 2017, 08:20:52 AM
 #82

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 ?

You should hold bitcoin, but patience and emotion control needed. I didn't recommend to trading altcoin but if you want, please hold it like btc ( long time period ). For me, trading is more difficult than investment and most people loss with that option. Besides that, btc price action history and volume always raise up than another coin. Prepare your stop loss before trade/ investment to minimalize your loss. There's risk you must face it with your trading decision. Be patience and have a nice day.

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August 23, 2017, 03:00:03 PM
 #83

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 ?

You should hold bitcoin, but patience and emotion control needed. I didn't recommend to trading altcoin but if you want, please hold it like btc ( long time period ). For me, trading is more difficult than investment and most people loss with that option. Besides that, btc price action history and volume always raise up than another coin. Prepare your stop loss before trade/ investment to minimalize your loss. There's risk you must face it with your trading decision. Be patience and have a nice day.
not all altcoins are good for holding though. Some are short lived and if you don't exit at the right time, you're money's going to be wasted. For btc, well yeah holding is the wisest thing to do. We don't really know until what price is btc going to end up, but looking at the current happenings, it may still have a long way to go so holding is a lot better and profitable

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August 23, 2017, 06:04:43 PM
 #84

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 ?

You should hold bitcoin, but patience and emotion control needed. I didn't recommend to trading altcoin but if you want, please hold it like btc ( long time period ). For me, trading is more difficult than investment and most people loss with that option. Besides that, btc price action history and volume always raise up than another coin. Prepare your stop loss before trade/ investment to minimalize your loss. There's risk you must face it with your trading decision. Be patience and have a nice day.
not all altcoins are good for holding though. Some are short lived and if you don't exit at the right time, you're money's going to be wasted. For btc, well yeah holding is the wisest thing to do. We don't really know until what price is btc going to end up, but looking at the current happenings, it may still have a long way to go so holding is a lot better and profitable
Agree that some altcoins only have once or twice that pump dump possible,sometimes after it dumps, it can't no longer recover. For there too many alts that can be a replacement unlike in btc. Btc uses often and once it dump a big pump can happen. So when it dump ,many grab the chance to buy some.

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August 23, 2017, 06:31:04 PM
 #85

Trading altcoins more profitable, we see alot altcoins move pretty good for weekly period at least. Gain achieved is greater than holding bitcoin. My principle of investing in bitcoin is to maximize potential. Cryptocurrency has become a business field at this time, would be a good thing if we enjoy inside of it.

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August 23, 2017, 06:42:15 PM
 #86

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 ?

Really holding your assets in the form of bitcoin is a smart choice, altcoin risk may be deleted, so to be safe in put bitcoin only.
Bitcoin is the only coin worth holding for a long time, that does not mean that you cannot trade other coins and try to make money that way but you need to be ready to let go of those coins at any moment to avoid becoming a bagholder of coins with no value.



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August 23, 2017, 06:54:25 PM
 #87

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 ?

Really holding your assets in the form of bitcoin is a smart choice, altcoin risk may be deleted, so to be safe in put bitcoin only.
Bitcoin is the only coin worth holding for a long time, that does not mean that you cannot trade other coins and try to make money that way but you need to be ready to let go of those coins at any moment to avoid becoming a bagholder of coins with no value.

There are really some altcoins who is also worth to hold for long term providing some of them already established a good volume on daily basis. It's just a matter of self research on what those coins should be hold for long.

But don't stick with holding. There are coins who can do hype for short term and can bring good returns. And again, research and gathering information is a must in order to ride the trend.


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August 23, 2017, 07:28:40 PM
 #88

Well it actually both are profitable in their own way, and yes bitcoin can be profitable by just holding them in your secured wallet and profitable at the same time and of course it would be less risky if you have stored your wallet in the most secured possible way. While trading altcoin is also profitable with a little risk but you have to be good in trading to make really good profits.

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August 23, 2017, 07:56:27 PM
 #89

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 ?
for me trading still better and that make me to get more profit better then you hold your btc and wait for few year for get profit

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August 24, 2017, 09:56:09 AM
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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.
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August 24, 2017, 12:13:47 PM
 #91

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.
Yes but it is very risky and costly. Normal people can not afford that loss. Sometimes the Bitcoin will give big loss for a long time. But now the time is a favor to bitcoins. Suppose if we lose today again tomorrow we will win. So investing in bitcoins is good. For day traders altcoin trading is best, and yes it is profitable.

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August 24, 2017, 12:24:01 PM
 #92

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 ?
Its not actually risk free even holding bitcoin on your own wallet for a long time since the risk of price decrease is always there and cant really be remove but it is somehow much better than actively trading on altcoin.
When it comes to to short term profits I would go for trading on altcoin which we can able to select wide variety of coins in the market on which we would really able to see which coins do move actively on a short period of time.

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August 24, 2017, 02:44:15 PM
 #93

Trading altcoin will more profitable when you have skill how to read the chart, read the chart important to know when will for you to sell or hold, but if don't have skill how to read the chart, will profitable to hold Bitcoin and wait for six month or more.

Trading, gambling is a place to gain an advantage by means of analysis. Because only with the analysis we can easily to create a strategy that will be used, because gambling or trading without an analysis then it will end up in loss and confusion. So what happens next is trading and gambling without an existing base and playing in a haphazard way. So the main point is to be able to analyze.



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August 24, 2017, 03:05:33 PM
 #94

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.
Yes but it is very risky and costly. Normal people can not afford that loss. Sometimes the Bitcoin will give big loss for a long time. But now the time is a favor to bitcoins. Suppose if we lose today again tomorrow we will win. So investing in bitcoins is good. For day traders altcoin trading is best, and yes it is profitable.
Yes so the most important is to analyze whether bitcoin prices will increase or decrease. So with so then we can do the strategy appropriately. There is no harm to work hard and get satisfactory results, holding and trading also must have advantages and disadvantages of each. Do not be afraid to take action because we will be risking our future and also the family to be able to get a better life guarantee economically.



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....ANGEL TOKEN....


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CryptoTamer
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August 24, 2017, 03:52:49 PM
 #95

altcoin trading is more profitable,
but you must understand the advantages of altcoin that you hold, and also you should monitor altcoin developers.

I prefer the old altcoin, but it must be that has the potential and innovation in its developers

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August 24, 2017, 07:54:46 PM
 #96

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 ?

Really holding your assets in the form of bitcoin is a smart choice, altcoin risk may be deleted, so to be safe in put bitcoin only.
Bitcoin is the only coin worth holding for a long time, that does not mean that you cannot trade other coins and try to make money that way but you need to be ready to let go of those coins at any moment to avoid becoming a bagholder of coins with no value.

There are really some altcoins who is also worth to hold for long term providing some of them already established a good volume on daily basis. It's just a matter of self research on what those coins should be hold for long.

But don't stick with holding. There are coins who can do hype for short term and can bring good returns. And again, research and gathering information is a must in order to ride the trend.
Do not get me wrong, holding some of the top 10 altcoins for a year or two is fine but the only coin that I’m willing to hold for a decade or more is bitcoin since I think it is the only one that is guaranteed it will have value in the future, the rest of the altcoins I’m not so sure.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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August 24, 2017, 08:29:46 PM
 #97

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.
Yes but it is very risky and costly. Normal people can not afford that loss. Sometimes the Bitcoin will give big loss for a long time. But now the time is a favor to bitcoins. Suppose if we lose today again tomorrow we will win. So investing in bitcoins is good. For day traders altcoin trading is best, and yes it is profitable.
Yes so the most important is to analyze whether bitcoin prices will increase or decrease. So with so then we can do the strategy appropriately. There is no harm to work hard and get satisfactory results, holding and trading also must have advantages and disadvantages of each. Do not be afraid to take action because we will be risking our future and also the family to be able to get a better life guarantee economically.
Trading and holding both are great but vary person to person. Trading does not suit everyone. Some people are not designed to carry on trading but others have very good understanding of trading. As far as holding is concerned, it is kind of better than investing because of little risk it offers.

The simple option in front of all of us, is investing into bitcoins and holding it for years. I guess it will be 100x better and profitable compared to trading altcoins as now a days most of the coins are coming with no proper reasons.

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Youghoor
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August 24, 2017, 09:02:50 PM
 #98

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.
Yes but it is very risky and costly. Normal people can not afford that loss. Sometimes the Bitcoin will give big loss for a long time. But now the time is a favor to bitcoins. Suppose if we lose today again tomorrow we will win. So investing in bitcoins is good. For day traders altcoin trading is best, and yes it is profitable.
Yes so the most important is to analyze whether bitcoin prices will increase or decrease. So with so then we can do the strategy appropriately. There is no harm to work hard and get satisfactory results, holding and trading also must have advantages and disadvantages of each. Do not be afraid to take action because we will be risking our future and also the family to be able to get a better life guarantee economically.
Trading and holding both are great but vary person to person. Trading does not suit everyone. Some people are not designed to carry on trading but others have very good understanding of trading. As far as holding is concerned, it is kind of better than investing because of little risk it offers.

The simple option in front of all of us, is investing into bitcoins and holding it for years. I guess it will be 100x better and profitable compared to trading altcoins as now a days most of the coins are coming with no proper reasons.
Yes i agree 100% with you, i used to do daily trade a few months ago. But i got tired of it, i had to stay the whole day in front of the computer so i could see the charts, i was so tired of it, and i only made 2% or 1% a day (if it was a lucky day)
But now i prefer holding , it is more simple, just look for a good coin, invest and one day maybe you wake up and see that your coin has been pumped for 50%
I really prefer holding



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Lagduf
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August 25, 2017, 01:56:07 AM
 #99

altcoin trading is more profitable,
but you must understand the advantages of altcoin that you hold, and also you should monitor altcoin developers.

I prefer the old altcoin, but it must be that has the potential and innovation in its developers
In some case like 0x project and district0x that gives you a lot of return just on some days after you already participated in the crowdsale. I can say that really profitable to choose or invest in the right place.
My friends gets over 10x return just invest in 0x project.

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HatakeKakashi
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August 25, 2017, 02:11:28 AM
 #100

I think its better if you trade altcoins and hold bitcoins . Because if you do that they have possible you will earn a lot of profit in the future. Its better if you have plan A and plan B. If bitcoin proce decrease you have support your altcoin and what if the altcoins decrease thatyou have you have bitcoin to support for the lose. But its up to you what do you think is less risk . But for me both is good.

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