Is Altcoin Trading Truly Profitable | Bitcointalksearch.org

Zigzagkuy

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Quote from: PursuitofGainz on September 28, 2017, 10:40:47 PM

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.

Altcoins trading I think is profitable if we understand and smart to analyze the market and also altcoins that we want to trade. If you are not good at analyzing you should not trade.

khan149

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Of course, Altcoin Trading Truly Profitable.I'm starting trading with $1,200 and I profited $4000+.I have been able to profit better in 6 months.If you trade with good coins, you will get profits.So before that good coins will be buying and hold for a long term.

KomrelliManikanta

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Yes I believe altcoin trading is profitable,why cant you see the marketcap of altcoins and decide this.

panghae

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Yes it is,i started trading at $500 and now my portfolio is now $12,000 for only 6months thats the power of crypto trading.

hisuka

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Quote from: cryptolerant on October 21, 2017, 02:01:42 PM

you need to be very careful. it can be very profitable and it can also be destroying your money. if you catch right ones, they are just amazing. you can grow your money very fast.

You have a point because in trading we might win or we might end up losing. In order for us to gain profit we should be very careful in choosing good altcoin to invest. Because at the end it will give you profit and win the game.

cryptolerant

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you need to be very careful. it can be very profitable and it can also be destroying your money. if you catch right ones, they are just amazing. you can grow your money very fast.

innoachukwu

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Honestly, cryptocurrency Investment is quite unpredictable. Altcoin investment is very risky.

elliottflz65

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Only if you invest at the correct time and in the right coin. Some coins are just copies and fail within the first few days where others such as litecoin are definitely profitable.

ocid

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Quote from: erwan on October 18, 2017, 09:22:57 PM

Quote from: PursuitofGainz on September 28, 2017, 10:40:47 PM

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.

Not all altcoin trading is profitable. The advantages of altcoin trading are determined by skill and strategy. the first time I traded altcoin I suffered a lot of losses and after a few tries and learns in the end I can trade altcoin by making a profit.
so Learning and experience are also part of the most important thing in altcoin trading in order to benefit.

Learning from experience is the most important thing to do in altcoin trading, I feel a loss when starting trading in altcoin with no regard for whether altcoin type can increase in value or vice versa. but after I can understand that for every trading in altcoin the most important thing is to look at the development of the coin, and until now I feel a lot of benefits because it can learn from previous experience.

ethereumhunter

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i could say yes, altcoin trading is truly profitable but if we only have a good list in our analysis note because once we make wrong analysis then we can not make profit from altcoin. but we need more selective to choose every altcoin that we want to buy because almost all altcoin is at the bottom price and it makes us to choose with carefully otherwise we might have loss the chance. but i still believe that there is any altcoin that will help us to make profit and we only need to search what the coin is.

yesiam6

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1KoMmKPMG6xaWcqB8CPP3WJ8avRSVRHtP2

I'm a pretty bad altcoin trader but even i make some good money
i mostly look at the fundamentals of coins, the team, the name etc. to make sure that it's a good investment
but there are times where i just buy into a coin with a lot of volume on bittrex and it worked most of the times.
btw bittrex still didn't reenable my account even though i did everything they asked of me, any high volume alternatives?
sorry for the off topic question

carriebee

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Quote from: FiiNALiZE on October 20, 2017, 05:27:29 PM

Quote from: vegethegreat on October 18, 2017, 10:17:37 PM

Yes its true that Altcoin is really profitable. Your earning depends on your strategy. You must know when is the right time to buy & to sell your coin.
And the very important thing to remember is you must know how to control your emotions & always bear patience, as the value of coins often goes up and down.

I also agree with your trading technique. The amount of money that can be made from trading Altcoins is really large, it all depends on the coin and the investors.

This is very important in trading control the emotions when trading. If not, this will give a big lose and provide extra mile in trading for you to earn profit. In order to make profit in trading it should be create analyzation on what coins you should invest, so at the end profit will gain.

wildflower18

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Quote from: romeo111 on October 20, 2017, 05:56:35 PM

Yes i think trading is the most profitable way for a good earning source. i like altcoin trading. it's gives us a instant opportunity of a big earn.
i think trading is the most profitable way better then coin holding.

Well coin hodling as you're saying is also profitable in the sense you choose the right and the best coins for long term. Trading is really profitable as long you know how to assess the best to invest on which coins will gives a profit. Indeed altcoin trading gives a chance for traders to earn just ride with the train of altcoin movement in the market.

romeo111

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Yes i think trading is the most profitable way for a good earning source. i like altcoin trading. it's gives us a instant opportunity of a big earn.
i think trading is the most profitable way better then coin holding.

wizmo

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Quote from: PursuitofGainz on September 28, 2017, 10:40:47 PM

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 investing in altcoin is quiet profitable as others have said let's say you invest $2000 in bitcoins now if bitcoin rises 2% which will make you only $40 while investing $2000 in altcoin price at $0.2/coin and if that coin goes up to 2% you will make $200 but it all depends on which coin you choose to invest and market situation.

FiiNALiZE

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Quote from: vegethegreat on October 18, 2017, 10:17:37 PM

Yes its true that Altcoin is really profitable. Your earning depends on your strategy. You must know when is the right time to buy & to sell your coin.
And the very important thing to remember is you must know how to control your emotions & always bear patience, as the value of coins often goes up and down.

I also agree with your trading technique. The amount of money that can be made from trading Altcoins is really large, it all depends on the coin and the investors.

MMS2017

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Yes altcoin is also profitable but the thing is that we have experience in crypto currencies. Some time we even don’t know the price fluctuation in a couple of minutes and that fluctuation bring high changes therefor we may say that now a days altcoin is profitable but to keep in mind the correct time and value. Altcoin is very profitable in a sense because people are liked it and it has a good value in the crypto market.

syclone

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One of my best trades... or "holds" was GAMBIT from it's ICO. Not sure how much it's up from 10k sats, but i'm doing 'ok' Also love the room and the OG's in there.

goku19

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Well trading is risky..i am not a legend in this field and with the little experience i say that,...well buy yes there are some people who are earning regularily with it

iBlitz22

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I don't have an experience with it but I think it is profitable if you know how to play the game with it.just saying Grin

Topic: Is Altcoin Trading Truly Profitable (Read 4969 times)