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Author Topic: Is trading Bitcoin and other alts still profitable?  (Read 4716 times)
nano77
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April 19, 2018, 07:42:55 AM
 #441

until now I still believe in crypto although almost all the price down but I'm sure will soon recover and will provide profit for us, be patient because with patience and positive thinking then the success will come
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jagmrx
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April 19, 2018, 08:01:14 AM
 #442

I think that trading both bitcoin and altcoins are still profitable. As the market is moving too fast, it would be better if you avoid day-trading. You can trade for a longer-period of time. There are many well-established altcoins you can trade such as Neo, Litecoin, and Ethereum, you should also avoid shitcoins. Right timing on when you are wanted to buy on and on when you have to sell trading is risky any of bitcoin or altcoin but you have to be more careful and right knowledge is for the best that you have to do for.
It depends on the type of trading that you are talking about. If you are talking about daytrading or short term invest, I honestly cannot answer because I do not know anything about that. But if you talk about long term invest, maybe I can answer it. Bitcoin and some other altcoins maybe still profitable. Btc, eth, ltc, and some popular cryptos or coins can still be profitable. If you do not know anything of which coin or crypto that you want to invest, just use btc and eth to invest. That the best two coins that will be very good in the future. But if you like taking risks and good at predict the price of some new altcoins, you will need to do daytrading.
harbin55
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April 19, 2018, 07:06:42 PM
 #443

Yes, bitcoin and other electronic coins in the cryptocurrency are profitable enough because they provide a instant income to use which is a big thing in our future and in our daily finances.
Andrej Peiboski
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April 19, 2018, 09:58:54 PM
 #444

For a true trader, the volatility of bitcoins is what allows very high earnings.
But of course, if you are wrong, the losses also are very high.
Who is not capable, it is better to let it go.

Joemzz31
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April 22, 2018, 05:29:31 PM
 #445

Yes, trading is one of the best jobs in cryptocurrency which allows you to earn lots of money in just a daily basis.
If you used bitcoin or other coins in the blockchain market, there is no doubt that you cannot earn too much income from it because it is indemand in the market.
felmitof
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May 04, 2018, 10:31:06 PM
 #446

At past investing into bitcoin and other alts were so much profitable but now a days people knowing more about these type of things and encourages to invest into them and profits going lower. Trading bitcoin or other alts still profitable but less than past.
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May 04, 2018, 10:33:31 PM
 #447

It depends what currencies you are trading with. Always inform yourself about currency what you plan to buy. The main question is "Is it useful?": If it is than it is worth buying and it will probably rise in price.

javadevm8
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May 04, 2018, 10:50:13 PM
 #448

Of course it is, just have to manage risk properly.
malah
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May 04, 2018, 11:09:05 PM
 #449

I think trading in bitcoin or altcoin will remain profitable because almost all crypto currencies  have a fluctuating price and will surely rise again and will provide profit for us

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May 04, 2018, 11:23:08 PM
 #450

Early month of  this year  for me is diffucult to work in trading but of course i continue to monitor and working in trading to find profits, and today's the signal in market is green great opportunity for the trader hoping this stability continue to increase the of selected altcoins.
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May 04, 2018, 11:50:46 PM
 #451

I think that trading both bitcoin and altcoins are still profitable. As the market is moving too fast, it would be better if you avoid day-trading. You can trade for a longer-period of time. There are many well-established altcoins you can trade such as Neo, Litecoin, and Ethereum, you should also avoid shitcoins. Right timing on when you are wanted to buy on and on when you have to sell trading is risky any of bitcoin or altcoin but you have to be more careful and right knowledge is for the best that you have to do for.
It depends on the type of trading that you are talking about. If you are talking about daytrading or short term invest, I honestly cannot answer because I do not know anything about that. But if you talk about long term invest, maybe I can answer it. Bitcoin and some other altcoins maybe still profitable. Btc, eth, ltc, and some popular cryptos or coins can still be profitable. If you do not know anything of which coin or crypto that you want to invest, just use btc and eth to invest. That the best two coins that will be very good in the future. But if you like taking risks and good at predict the price of some new altcoins, you will need to do daytrading.

Trading is still very profitable but it also requires talent not to lose money because some of the big actors are really trying to manipulate the whole market and surviving in this ecosystem is really hard and becoming harder.

As long as you follow a strategy, you will be successful in trading.
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May 05, 2018, 12:51:15 AM
 #452

I think trading still profitable if you have a lot of experience in trading and you can predict value from market chart. Because from now price is so not stable. You must dare to take the risk for your future.
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May 05, 2018, 11:26:20 AM
 #453

I think the best thing we can do right now is to hold our bitcoins because of the increase in value every day that helps us make money without trying or spending too much time that is also safer than ever. Trading of bitcoin and other alternative coins is still profitable to date
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May 06, 2018, 05:55:40 AM
 #454

Of course,, since their purpose is to bring profit to it's user and it's been doing it's job since it was made. Keep on trading because the more you trade, the more chances of gaining a lot of money. Though there is still some risk that you might lose money when you are trading, all of these are still profitable at the present time. Just keep on trading.

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alvinmtp
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May 06, 2018, 06:07:52 AM
 #455

you only need to keep practice trading so you can make a big profit. don't afraid if sometimes you get lost because at other times, I am sure that you can make a bigger profit than your lose. I think you can try with small volume coins and see if you can make a profit or not and make sure check the price and the history of the trade. don't just stick with the strong coin because sometimes it moves too fast and without bigger balance, you are difficult to follow the trade.
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May 06, 2018, 06:15:30 AM
 #456

Of course,, since their purpose is to bring profit to it's user and it's been doing it's job since it was made. Keep on trading because the more you trade, the more chances of gaining a lot of money. Though there is still some risk that you might lose money when you are trading, all of these are still profitable at the present time. Just keep on trading.
Nowadays, prices on the market still decreases this is our advantage to buy a coin and wait until prices fluctuates at higher rate. We can still earn profits through patience and great strategies how we handle in terms of trading. Be aware always because we can't predict the situation and Think positivity in trading.
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May 06, 2018, 08:27:52 AM
 #457

Specially now, I have seen a lot of money from my friend and I think it is because of the sudden increase of the altcoins that gave him that kind of money.
Withdrew it and never got greedy to wait for more.
I told him he was a genius but yet he could have waited for more. Told him to not look at the exchange after some time or he might just regret it when he sees the prices of the alts are still going up.
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May 06, 2018, 09:16:05 AM
 #458

On the market, there is still a large amount of volatility. This makes it possible to receive income. For example, in the forex market, you will not have such an opportunity. When volatility becomes small, it will become much more difficult to earn.
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May 06, 2018, 12:26:29 PM
 #459

now is a good time to trade because the market is getting better, I will not miss this golden opportunity with silence alone
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May 06, 2018, 07:20:43 PM
 #460

Of course,, since their purpose is to bring profit to it's user and it's been doing it's job since it was made. Keep on trading because the more you trade, the more chances of gaining a lot of money. Though there is still some risk that you might lose money when you are trading, all of these are still profitable at the present time. Just keep on trading.
Nowadays, prices on the market still decreases this is our advantage to buy a coin and wait until prices fluctuates at higher rate. We can still earn profits through patience and great strategies how we handle in terms of trading. Be aware always because we can't predict the situation and Think positivity in trading.
Trading is and will always remain the bets and the most profitable thing to do when it will come to that of making of some good amount of money. It all depends on your personal skills and the way you manage your things and above all, the techniques which you use at time of the trading which decide this thing that if you will be able to make some good earning. Just stay confident and put in the best of your efforts.
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