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.
Topic: Is Altcoin Trading Truly Profitable - page 3. (Read 4969 times)
It is indeed true. If you want proof, you can watch videos in youtube where people tell their stories on how they started from the bottom and then making trading a good source of income. Some of them even quit their jobs and only focus on trading because they get much money compared to their monthly salary.
With what I have seen so far in altcoin in terms of rises and prices. I 'll bet the profitability of altcoin outweigh it's short term loses! You can practically become a big bag holder of altcoin with right mind set and a millionare too.
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.
Truly it is! Particularly now that the market is extremely unstable and there were bunches of value downs as of late. Continuously purchase coins when the cost is down and everybody is in freeze. You will without a doubt get enormous benefit when everything are back to ordinary. I purchased a coin a month ago and now I have 150% wage from it. In the event that I offer it fourteen days prior and I ended up plainly restless, possibly I won't have that sort of pick up from it. Understanding is the way to altcoin trading.Determining whether altcoin exchanging is beneficial or not relies upon the sum you are putting resources into exchanging. A little measure of venture would create a little measure of benefit. It likewise relies upon what technique you are utilizing. My fundamental methodology is to not offer in a misfortune.
Actually it depends on what you are trading in. There is a few ways to judge whether you are profiting or not. One way may not means it is profitable in another way. For example, if you have invested in a certain alt coin at $0.20 each. Price of bitcoin up by 20% while your alt coin up by 2 cent to be $0.22. So in term of fiat, you are profitable but in term of bitcoin, you are losing. So you have decided which part you want to be in and from there it is easier to manage.
Yes it all depends on choosing the right choice of alts for your portfolio. Basically the price of the alts depends on the price of bitcoin most of the time. There are few alts that has the potential to grow and sustain with the bitcoin otherwise mostly the alts price increases a little.Actually it depends on what you are trading in. There is a few ways to judge whether you are profiting or not. One way may not means it is profitable in another way. For example, if you have invested in a certain alt coin at $0.20 each. Price of bitcoin up by 20% while your alt coin up by 2 cent to be $0.22. So in term of fiat, you are profitable but in term of bitcoin, you are losing. So you have decided which part you want to be in and from there it is easier to manage.
Yes it all depends on choosing the right choice of alts for your portfolio. Basically the price of the alts depends on the price of bitcoin most of the time. There are few alts that has the potential to grow and sustain with the bitcoin otherwise mostly the alts price increases a little.
LOTS of alt coins are just ways for the devs sell you junk for BTC, but there are a lot of solid projects too. It all depends on if the alt has substance or not. If it is hype, then be very careful. I don't think it is the worst idea to buy an alt that is down with the intent to turn a profit, but don't get suckered into a hype train... 
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.
All the factor mentioned about are very important After that experience in the altcoin trading is must. You can do virtually trading for one month and note down your profit or lose every day. After that altcoin trading may be truly profitable. 
as long as you know what you are doing then,
for me altcoins can also be truly profitable.
i would even say investing in altcoins is more profitable than investing in bitcoin.
imagine investing same amount with bitcoin and on a altcoin.
a great possibility that you can double your money or even more can be seen with altcoin.
since their price can really pump in just moments.
of course altcoins is also very susceptible to dumping and you may also lose all your investment.
that is why you needed to do a real research before choosing what coin are you going to invest.
for me altcoins can also be truly profitable.
i would even say investing in altcoins is more profitable than investing in bitcoin.
imagine investing same amount with bitcoin and on a altcoin.
a great possibility that you can double your money or even more can be seen with altcoin.
since their price can really pump in just moments.
of course altcoins is also very susceptible to dumping and you may also lose all your investment.
that is why you needed to do a real research before choosing what coin are you going to invest.
Is Altcoin Trading Truly Profitable?
I believe the answer is no for 90% of traders.
I believe the answer is no for 90% of traders.
Actually it depends on what you are trading in. There is a few ways to judge whether you are profiting or not. One way may not means it is profitable in another way. For example, if you have invested in a certain alt coin at $0.20 each. Price of bitcoin up by 20% while your alt coin up by 2 cent to be $0.22. So in term of fiat, you are profitable but in term of bitcoin, you are losing. So you have decided which part you want to be in and from there it is easier to manage.
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.
Altcoin trading is profitable in the long run not just on short term. If you are good in controlling your emotions and patience then you will succeed in it, especially if you have a lot of investments as the more Altcoins you have, the more profit you will gain from it. You should also look to ICO's (new ones) such as Bounty hunting or Airdrops which some of them giving free tokens (i only suggest this if you don't have money to invest). Which might turn luck on your side and earn a lot.
So the basic principle in Altcoin trading is to have patience and control your emotions, don't look on a short term, look for the longer future.
It has been profitable with me as long as you have strategies to follow and discipline.
you will lose money if you go from emotional trading
you will lose money if you go from emotional trading
Yes altcoin trading is truly profitable because ive earn some money using altcoins by converting it into bitcoin. You must have to be patient in trading because sometimes the prices of the altcoins is rising and dropping it means the price is varying so dont get to your emotions and trade wisely to be able to earn more bitcoin.
Look for patterns, certain coins seem to trade in quite a consistent range eg EOS, LTC, XRP. Buy in when Bitcoin starts firing and sell when BTC starts pulling back. Don't shoot for 100% profits on every trade.
Absolutely, you just have to be plugged into whats going on get in ICO's during bonuses or get shortly after on news etc... You have to really pay attention and be involved in many groups tallk to alot of people to figure things out. Not easy but if you now what your doing you can make a shit ton onf money. .
Altcoin trading is profitable and the same time you can lose big time
I also think so that altcoin trading is profitable but it need a lot of experience and knowledge. you must need a lot of study about bitcoin, you must get good information about altcoin. without study altcoin it is very difficult and risky to choose the right place to invest your money. Because not all altcoin can give you profit, as most of the altcoin are dead or near to die, and it is important to recognize such altcoins.
im thinking yu have to be lucky !
It's profitable if you have good trading strategy and if you have enough money to have a decent profit.
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