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Author Topic: Is trading Bitcoin and other alts still profitable?  (Read 4718 times)
yetiripper
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May 09, 2018, 03:31:21 PM
 #501

Absolutely,does not matter whther we talk about altocoins or bitcoins, both cryptocurrencies are economically efficient, and you just need to follow up the market position to make sure you do the right thing.
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May 09, 2018, 03:49:49 PM
 #502

I'm new in trading and I'm getting a profit, even though my profit is small due to my small capital, so I think trading cryptocurrency is still profitable, the price of fluctuating cryptocurrency so you can get a profit or not it depends on your strategy.
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May 09, 2018, 03:56:50 PM
 #503

In fact trading bitcoin and altcoin is still very profitable at least until 2018. And until now already many exchange sites are used. In my opinion at this time binance is the best.

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May 09, 2018, 04:29:45 PM
 #504

In fact trading bitcoin and altcoin is still very profitable at least until 2018. And until now already many exchange sites are used. In my opinion at this time binance is the best.

Trading crypto will always give a good chance for us to get profit. But it will depends on our strategies and luck as well.
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May 09, 2018, 04:37:25 PM
 #505

Bitcoin is for sure. But I'm not sure if it is a new altcoin, there are some of them are quite profitable but there is also a scam or shitcoin.
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May 09, 2018, 04:53:45 PM
 #506

yes of course bitcoin and altcoin are very profitable when you can understand how to play the right trading and good, you should be able to determine the right time to buy and sell coin until you can get a lot of profit.

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Mokter
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May 09, 2018, 05:20:13 PM
 #507

It is still profitable but there are so many coins around these days that are not worth trading. Check the trading volume on the exchanges to be sure there is a market. Arbitrage between exchanges is also possible,sometimes 10%, but charges can eat into profits.
Good advice. Trading coin is a profitable business. But that must be wise, tricky and cool. Enough trading knowledge, skill and experience can assist in making smart profit.
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May 10, 2018, 11:47:08 AM
 #508

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.

I am sure that you are right. BTC will be gaining again, and I am even expecting a new wave of hype around it. Hope, it will grow much. The other cryptocurrencies can also go to the Moon in autumn and winter.
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May 10, 2018, 12:37:59 PM
 #509

Of course it is, there is so many people trading right now, if the thing will be no more profitable, would they still continue?
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May 11, 2018, 02:01:16 AM
 #510

although now the price has not increased, I think is still very lucrative, but we should be good at thinking in trading, remain optimistic
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May 11, 2018, 03:13:22 AM
 #511

I new member, please help !
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May 11, 2018, 03:17:30 AM
 #512

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

As long as bitcoin and altcoin still have a large number of users both traders and investors. At the time of its growth cryptocurrency will continue to swing and cause two different conditions namely up and down. Actually, these two conditions will be very profitable. If we are smart enough the condition of both will provide its own advantages.

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May 12, 2018, 08:06:15 AM
 #513

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

As long as bitcoin and altcoin still have a large number of users both traders and investors. At the time of its growth cryptocurrency will continue to swing and cause two different conditions namely up and down. Actually, these two conditions will be very profitable. If we are smart enough the condition of both will provide its own advantages.
Trading Bitcoin or other crypto is still profitable, I think it's not for trading only but for investing also give us more profitable if we buy Bitcoin/Altcoin now then hold it for long time.
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May 12, 2018, 08:12:35 AM
 #514

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!
No doubt that the current situation of market is disappointing but we should not lose hope for trade, Prices go up & down with a blink of an eye, Its time to hold our assets or if you really want to trade then do it for long term.
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May 12, 2018, 08:28:01 AM
 #515

This might be an old thread but it looks like the topic is timely nowadays. Yes, bictoins and altcoins are both still profitable especially if you know how to margin trade. Pumps and dumps are stressful only if you don't know what to do during those times... in reality, the pumps and dumps are like waves, you should enjoy it on a surfboard.
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May 12, 2018, 09:04:37 AM
 #516

In my opinion is hard to make consistent profit from crypto trading, high volatility and price manipulation make hard to predict price of crypto. In this current situation of market, crypto trading can be profitable only for trader who full times to analysis the market and make fast decision to sell when any bad news.

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May 12, 2018, 09:43:12 AM
 #517

Exactly. Bitcoin was born as a brand new investment and investment tool, but very well developed in the cryptocurrency market. Market participants are now sure to get big profits in the near future. To do this, you have to equip yourself with a lot of knowledge, skills that combine your ingenuity.

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May 12, 2018, 09:57:32 AM
 #518

Very much profitable except if you don't know how to trade crypto currency i believe it is second to none in terms of miney making in crypto currency market. Although, it is difficult for some people whom i believe they don't have the prerequisites for trading crypto currency

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May 12, 2018, 10:06:31 AM
 #519

Exactly. Bitcoin was born as a brand new investment and investment tool, but very well developed in the cryptocurrency market. Market participants are now sure to get big profits in the near future. To do this, you have to equip yourself with a lot of knowledge, skills that combine your ingenuity.
because most of the profits are trading bitcoin coins and other coins in altcoins, so most of the people are trading in the crypto world to get bigger profits than trading in the real world

yetiripper
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May 12, 2018, 10:38:05 AM
 #520

Every single moment makes different altcoins pump and become more and more profitable, so there is no doubt you should look closer at them as an investor.
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