Is Altcoin Trading Truly Profitable

[Antivoid]

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

[Allan Ramanda]

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.

[skarais]

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.

[tomahawk9]

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.

[drwhobox]

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.

[faceoff97]

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.

[Razmirraz]

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.

[teamcryptonator]

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.

[Rebellious]

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

[lady Royal]

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.

[BogdanGFTP]

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

[moore100]

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

[Kurokyy]

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.

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

[numiv]

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.

[hi-men]

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.

[Rinaze]

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.

[Sony.UK]

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.

[thinkpad99]

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).

[bozo333]

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.   

[Rudementry]

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