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Topic: Is Altcoin Trading Truly Profitable - page 9. (Read 4969 times)

sr. member
Activity: 478
Merit: 250
October 07, 2017, 02:16:28 AM
It is up to individual, how they trade.  Most of the time, what matters is how you do it and not what you do.

However with that said, i see invest in long term good cryptocurrency/blockchain anytime would yield a nice profit in long term.
full member
Activity: 307
Merit: 119
October 07, 2017, 01:34:35 AM
in my opinion, many factors affect the profit or not in trading altcoin. And the amount of altcoin made. Pump and dump is very important information trading.
full member
Activity: 448
Merit: 100
October 07, 2017, 12:28:08 AM
I think all Atlcoin trading truly profitable.But first you have to control your emotions.If you buy some coin and then it's price fall,then you wait ,price will increase.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 07, 2017, 12:18:37 AM
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 made my fortune in altcoin trade. You need to study first the coin that you pick. Read the white paper and feedback. Know the people behind the team. Always update yourself on the news so you will know when to sell and the perfect time to buy.
even if you do that, sometimes, the coin that have poor quality of project and whitepaper can get pumped out of nowhere, it sometimes really confusing because it's against the nature that people have repeteadly saying here that a good project will result good coin. Until now, following the hype is the only way for me to always get profit from this trading activities.
sr. member
Activity: 568
Merit: 254
October 07, 2017, 12:11:04 AM
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 made my fortune in altcoin trade. You need to study first the coin that you pick. Read the white paper and feedback. Know the people behind the team. Always update yourself on the news so you will know when to sell and the perfect time to buy.
full member
Activity: 406
Merit: 100
October 07, 2017, 12:06:19 AM
It depends on you. If you want 10-15% profit each month then it is achievable and give you always profit but if your targets are big like 100% per month then it can give you losses also as you never cut your trade in low profit and if market crash, you try to save your money and cut your trade in loss. If you do a proper study of your choice coin and after taking all things in consideration, you never get losses.
legendary
Activity: 1232
Merit: 1029
October 06, 2017, 11:41:58 PM
Yes, I think so. I trade altcoin for couple of months and I earn some money with profit. In my little experience there is no doubt that Altcoin Trading is really profitable.
Eventually, it depends on the altcoin being traded. It is very profitable if the right altcoin is traded as some are just purely good for pumps and dumps. With very good research though, and with the right portfolio of good altcoins, trading altcoin can be very fun and profitable.

Sometimes, you may just need to be patient with some of them as they may hold down your funds a little bit longer than you must have predicted, most especially when you did not set a stop loss and it keeps taking the dips.
full member
Activity: 126
Merit: 100
October 05, 2017, 06:42:30 PM
the best chances are to choose few good altcoins and to split the money into all of them for a long term investment.
the second tactic for day trading is checking the slack groups, being involved in what happening, for calculating the right timing to invest before some news are about to come..
legendary
Activity: 1372
Merit: 1027
Dump it!!!
October 05, 2017, 06:37:40 PM
Am not a pro trader but I know that if it's profit you after you should be ready to play dirty and be the shark you need to speculate some negativety or should I say spread FUD so that weak hands panic sell  the coins you after and you on the receiving end of the chain patiently waiting for cheap coins to flip for a good profit.
sr. member
Activity: 1092
Merit: 250
October 05, 2017, 06:10:24 PM
profitable or not is depending on the traders results,,
if the can manage their emotions and their money, altcoin trading is good and very profitable.
and as all of us know altcoin trading is one of many the best way to increase our bitcoin  Wink
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 05, 2017, 06:06:22 PM
Well you can invest a little amount of money and hope that you can make profit. I heard that it will take time in order to make profit of altcoins. They will pump up the price and then you need to sell them. Thats how trading works i heard once that a guy had made 3 million dollars just with investing in altcoins. So its truly profitable.

altcoin trading is different from altcoin investment, with investment you have less risk and you can hope that your coin will go very high and do a good return, with trading there is a higher risk because you play against the market on a daily basis
But that will be so easy to predict rather than use the bitcoin as your daily trade, because altcoin will be back again. I meant if you are looking at some coins and the chart looks same in some reasons, that's why to trade in altcoin really profitable.
full member
Activity: 640
Merit: 104
October 05, 2017, 06:01:04 PM
yes trading is something that is profitable but you have to learn to master it and of course it will take more time because this is a difficult thing. and this also can not be separated from the amount of investment that you invest this very influence on big or small of profit that you will get.
member
Activity: 126
Merit: 10
October 05, 2017, 02:34:49 PM
Of course is truly profitable when you decide to make a good research and study about altcoin that you are interests to invest also what type of investment you will do . read carefully whitepaper  roadmap and the team behind. Grin
sr. member
Activity: 471
Merit: 500
October 05, 2017, 01:50:26 PM
I don't think so. Except you are organising some pump and dump group or you are extremely lucky, otherwise there is no real strategy that can work in this kind of market, especially if you stay there for very long time.
legendary
Activity: 1274
Merit: 1000
October 05, 2017, 01:42:20 PM
Of course. but with a higher risk, I think if we do not have enough skills to do it, we better avoid it or learn the mechanism first. because in comparison with others, altcoin trading risk is greater.
sr. member
Activity: 462
Merit: 251
October 05, 2017, 01:32:13 PM
Now a days market of coins is approximately down and if you want to invest in coins then it’s the time to invest because when the market go to its normal stage then the coin rates will be reach to very high and you will get a very high profit.
Yes it may be the market was down totally but it is still a good sign to buy any of it, because ever since altcoin was a big help to anyone in this industry. especially to those community  who don't have any capital  neither able to buy bitcoin. So in the end they will join in a bounty altcoin campaign. Then after ICO they receive their rewards. And once they have it, it is now their chance to sell their coins in the market.
full member
Activity: 205
Merit: 100
October 05, 2017, 01:01:27 PM
Truly strategy is to connect with right people on social media,forums,to try to trade with own money.Check make money online facebook groups,find some guy which is good crypto trader online,follow him ,be friend with him etc...
Indeed trading is truly profitable when you are knowledgeable about charts, and make some analyzation when you enter the market. Follow someone in social media, and forums is a plus this could also lead you to success.
way to success there is a lot also yes following some and make friends regarding with the trading is one of your strategy that you can make for but always make your own study it is much profitable and altcoin trading are nothing to worry about this because the success is in yours not depending for some opinion.
full member
Activity: 770
Merit: 101
fLibero.financial
October 05, 2017, 01:00:13 PM
There  is no investment or  product that is as profitable as altcoin! Take ethereum for instance, it was selling below $5 at a time, look at where it is now! If you could just get in on quality alt, you will certainly make good profit.
sr. member
Activity: 404
Merit: 250
October 05, 2017, 12:47:50 PM
Of course they are profitable but only when the trend is so bullish. For example altcoins were extremely profitable 3 months ago. We are all waiting for a new good trend time again. Roll Eyes
member
Activity: 70
Merit: 15
October 05, 2017, 11:49:58 AM
It’s completely depend on the strategy you use to trade. If your looking for long term trade then is always profitable.
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