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Author Topic: Is trading Bitcoin and other alts still profitable?  (Read 4720 times)
Boristhecat
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January 06, 2018, 12:20:38 PM
 #341

Of course it is profitable but from my point of view holding is mush more better
If we are talking about a growing market and one asset, it's more profitable to hold it. To surpass the index of the market is very difficult in this case. But if we are talking about a growing market and several assets, then using a constant revaluation of the portfolio, we get a return greater than the market index.
CoinboyBebop
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January 06, 2018, 12:28:59 PM
 #342

Its still profitable, but only when you know what you are doing. Many new people who dont have any ideas of trading start to trade. They maybe make profit, but they to scary to risk and so they pass a lot of profit. So if your new to this business just chill and hold, it will be much more profitable. Trading is just for people with experience.
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January 06, 2018, 02:17:59 PM
 #343

I think trading bitcoin and other altcoin still profitable until now, but it's depend on our self how to manage our skill trading. Try to choose coin which good potencial to increase the price. Just keep patience and hold until the good time to sell our funds to get huge profit from trading.

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susila_bai
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January 06, 2018, 02:21:57 PM
 #344

Seeing the current price movement in Bitcoin and other Altcoins their is very much profitable if you trade properly and keep the profit margin less then daily you can take 20 to 40% of profit daily in cryptocurrency trading
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January 06, 2018, 04:31:40 PM
 #345

Its profitable , yes , but with cautions i guess. You can't just buy bitcoin and other coin without studying its movement. It is a matter of timing wether it is low or high ,but what i suggests to you is hold more than you trade because you can lose a lot bigger on trading than holding but you can also profit a lot bigger than holding, with a lots of luck maybe you can but its a rare opportunity.

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January 06, 2018, 06:17:57 PM
 #346

Its profitable , yes , but with cautions i guess. You can't just buy bitcoin and other coin without studying its movement. It is a matter of timing wether it is low or high ,but what i suggests to you is hold more than you trade because you can lose a lot bigger on trading than holding but you can also profit a lot bigger than holding, with a lots of luck maybe you can but its a rare opportunity.
I think it's better to consider the situation separately, in turn, because if one coin can have a high price, but there are no prospects, but there are some that begin to increase their table cost by several hundred percent. This really shows the prospects for earning not only today but also in the future.
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January 06, 2018, 08:05:29 PM
 #347

Yes,  I can see a lot of people in this forum who are into trading,  but you really need to study it first and calculate the risks.  It can be very stressful as well. 
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January 06, 2018, 08:12:11 PM
 #348

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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January 06, 2018, 08:52:08 PM
 #349

Its profitable , yes , but with cautions i guess. You can't just buy bitcoin and other coin without studying its movement. It is a matter of timing wether it is low or high ,but what i suggests to you is hold more than you trade because you can lose a lot bigger on trading than holding but you can also profit a lot bigger than holding, with a lots of luck maybe you can but its a rare opportunity.
For me the longer you hold the less effective the studying in movement it will be if we talk about bitcoin and strong alts, if you want to hold alts in top 10 lists for years i think no matter what its pump and dips it will always increase if you believe in cryptos. they will give you profits no matter what as long as you hold onto it for a long time.

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January 07, 2018, 12:14:08 AM
 #350

trading altcoins and even bitcoin is still very profitable, in altcoin you can ear much more tho, bitcoin should be considered as holding option
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January 07, 2018, 12:38:19 AM
 #351

holding is a lot more profitable then trading and It's probably safer but  If you decide to trade then do it for the long term and with coins that has a good roadmap, getting involved in some pump and dump useless coins will only make you lose eventually.
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January 07, 2018, 01:05:26 AM
 #352

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January 09, 2018, 11:16:14 PM
 #353

Yes trading Bitcoin and other altcoins still profitable, despite the high risks. You just need to get good knowledge about trading crypto currencies, and to start even with small budget. Then with time you will get good experience and avoid the biggest mistakes.
Yes, trading will always be profitable, but one of the things you do not hear a lot is that most people that try trading do not make any money, trading is a game where in order for you to win someone else needs to lose, and in order to make any significant profits you need several people to lose their money, that is why trading is not for everyone and why I prefer to hold instead.



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cybersofts
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January 10, 2018, 12:14:48 AM
 #354

One thing about trading is that sometimes the bitcoin is up and the altcoins are down. And sometimes the bitcoin is down while the altcoins are up. You just have to invest in where it looks more profitable to you between them.
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January 10, 2018, 01:15:38 AM
 #355

I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.

I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
After all, holding is a very good option.
You could see that still only very few people know about crypto.
So when all people start entering crypto market, we will get an enormous profit.
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January 10, 2018, 01:41:37 AM
 #356

I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.

I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!

Yes,  trading bitcoin and some alts are very much profitable.  You did not earn more maybe because you did not find a good coin wherein you can get a higher profit.

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January 10, 2018, 03:02:53 AM
 #357

I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.

I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!

Yes bitcoin and alts is still profitable because their price is volatile its going up and down the value. And everyone is excited if the distribution of salary is done in the time of higher price. I'm so much excited about my daughter to have her salary because price of ether now is very expensive, Hopefully they will allow now to get their salary already so that we can experience the bitcoin blessing in 2018.So we will be a part of this profitable coins and tokens.
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January 10, 2018, 08:17:27 AM
 #358

Yes, you can start bitcoin trading with a different platform and you can still now make a profit with your trading if you know details of trading.
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January 10, 2018, 12:36:07 PM
 #359

I dont see why is not profitable. Many traders do just alts and see there opportunity for income. We see that we have from time to time several coins that are from time to time pumping and many do some other things like to follow certain amount of demand and then they buy when they see that demand is going low they sell.



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January 10, 2018, 01:16:52 PM
 #360

The alts are really very favorable to build a portfolio quickly enough, do not underestimate them, especially since the bitcoin has lost its dominance
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