to work with the exchange as collecting gains of difference with the shifts on displacement or with the arbitraging as collecting short terms of profit with the trading.
Topic: Is Altcoin Trading Truly Profitable - page 12. (Read 4916 times)
altcoin trading the risk are equal to the profit especially if you're trading with new altcoin because we don't really know the future of those altcoins and if you pick the exact altcoins then to double your profit is not impossible and the best for altcoin trading is sometimes altcoin price could grow more than 50% in the same day but the problem is the price for the particular altcoin too will dropped to the bottom with very fast
it is definently profitable but at same time it is very risky too. if you dont know mechanics of trading you shouldn't. you should search indicators and learn them
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.
The best strategy is the one you make. Even it is unprofitable you will learn a great deal in the process.
My personal strategy is pretty straightforward. I look for quick dips(Qick dips can lead to quick spikes) in alternative coins with 1 million in trading volume in a day. Qick dips lead to quick spikes Invest. Take profit.
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.
I'm not a die hard altoin traders out there. But true that trading altcoin was a really a profitable things, because ever since I started here I got my profit through altcoin campaign, after the ico and distribute the bounty token we participants are able to trade it in accordance to the exchange were the coin is listed then once being sold I got my bitcoin profit of course. 
It has been proven that long term investors will generally do better than traders.
I look for the team behind the project first, then the underlying tech to make sure that what they're trying to do is feasible. I then invest in the coin and wait, which is much less stressful than trading (for me anyway).
If the price goes down, I look at it as an opportunity to buy more because my due diligence in the team and project gave me confidence that it will go back up and then some in time.
It is profitable if you know what you are doing
There are some altcoins which had a massive surges in a few days or months x 10 x 50.
But it is difficult to spot which will gain so much.
But it is difficult to spot which will gain so much.
investing in altcoin I think it's very very profitable.
if you can analyze well, dare to take risks and hope luck is always on your side
If you want to invest safely, just invest ur money to big coins like eth. I think it's a safe investment.
if you can analyze well, dare to take risks and hope luck is always on your side
If you want to invest safely, just invest ur money to big coins like eth. I think it's a safe investment.
i see many people around gain great profits from aitcoins, but when i get into it, i found its not that, but i know its due to myself, when i know little about this coin and involved at a wrong time, how can i make money from it
Trade altcoin is not always profitable even if you are experienced people. Sometime we have wrong decision that make us lost of money.
For me, swing trade is better than short trade. Most likely the people did long term than short trade.
For me, swing trade is better than short trade. Most likely the people did long term than short trade.
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.
I am not one of the best traders but I usually have some sort of a strategy every time I make a trade, and I usually have a few things to look at before consider investing in a coin, such as circulating supply. I don't want invest in a coin that is having more than 50 million coins circulating.The strategy that I use is buy when its low and sell when its higher. Never sell for a loss.
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trading altcoin is profitable if we can choose the right altcoin with doing some analysis. its proof with many altcoin price is increase in this year and it makes many people making huge money. actually for trading altcoin, i am buying for a long term and sometimes if the price is increase 25%, i am planning to sell to take my money back with some nice profit.
Trading altcoins is absolutely truly profitable there is so many altcoins that good to trading but there is not good to trading. Get profit from trading that's depend on altcoin you trading, the altcoin must be good and have big volume. Usually trading altcoin who have big volume is more profitable.
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From my experience I am giving some important strategy for trading alt coins for good returns below :
First of all you should start a trade only when you know why you are starting a trade and have a clear strategy for taking that trade so that u follow that completely.Second important thing is target and stop mean when U starting a trade U must have clear target level for taking profit and more importantly, a stop loss level for cutting losses. A Stop loss is setting the level of your loss where the trade will get closed, this will save your big loss.To be a profitable trader, you never look for the peak of the movement. You look for the small profits that will accumulate into a big one, this way your profit will rise slowly but steady.Other main important thing to mind that Trade with no pressure, Don’t start trading unless you have the optimal conditions to make the decision to start a trade and know when and how to get out of it. Pressure almost always creates losing trades. Wait for the next opportunity, you will get there.there are days where you only keep your profits by not trading at all.
From my experience I am giving some important strategy for trading alt coins for good returns below :
First of all you should start a trade only when you know why you are starting a trade and have a clear strategy for taking that trade so that u follow that completely.Second important thing is target and stop mean when U starting a trade U must have clear target level for taking profit and more importantly, a stop loss level for cutting losses. A Stop loss is setting the level of your loss where the trade will get closed, this will save your big loss.To be a profitable trader, you never look for the peak of the movement. You look for the small profits that will accumulate into a big one, this way your profit will rise slowly but steady.Other main important thing to mind that Trade with no pressure, Don’t start trading unless you have the optimal conditions to make the decision to start a trade and know when and how to get out of it. Pressure almost always creates losing trades. Wait for the next opportunity, you will get there.there are days where you only keep your profits by not trading at all.
As always, when picking alts you need to do a research what attracts you to invest in a particular coin.
Keep in mind about buy volume (is it increasing or decreasing, etc.), general activity of selected community, length of period you want stay in and if you really want to dig in, get yourself involved in projects and become an active part of chosen community.
Your question is really superficial actually.
Keep in mind about buy volume (is it increasing or decreasing, etc.), general activity of selected community, length of period you want stay in and if you really want to dig in, get yourself involved in projects and become an active part of chosen community.
Your question is really superficial actually.
It’s completely depend on the strategy you use to trade. If your looking for long term trade then is always profitable.
Although I'm not a die hard trader and an expert yes altcoin trading is truly profitable especially if you know what good coins to trade with. That's what makes you really truly profitable in the first place.
100% sure altcoin trading truly profitable but you should must to know about altcoin. Online Market have a many coin we need to found best coin and start trading for big profit. If you want to huge money you must start trading with crypto.
It is truly profitable but it takes too much effort and time. It mostly doesn't worth your time. Is it good to gain like 2 dollars in 5 minutes? Yes it is. But some other people were making 200 dollars in 5 mins. Just comparing makes you realize it doesn't worth your time if your budget is low. But long time holding is of course good.
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