Is trading Bitcoin and other alts still profitable? - page 10.

miyong

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Quote from: squatz1 on October 31, 2017, 07:54:57 AM

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!

Yes, trading bitcoin and some alts are very much profitable. You did not earn more maybe because you did not find a good coin wherein you can get a higher profit.

turkandjaydee

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Quote from: squatz1 on October 31, 2017, 07:54:57 AM

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!

After all, holding is a very good option.
You could see that still only very few people know about crypto.
So when all people start entering crypto market, we will get an enormous profit.

cybersofts

copper member

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One thing about trading is that sometimes the bitcoin is up and the altcoins are down. And sometimes the bitcoin is down while the altcoins are up. You just have to invest in where it looks more profitable to you between them.

Silberman

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Quote from: Jackblack90909 on January 03, 2018, 06:13:03 PM

Yes trading Bitcoin and other altcoins still profitable, despite the high risks. You just need to get good knowledge about trading crypto currencies, and to start even with small budget. Then with time you will get good experience and avoid the biggest mistakes.

Yes, trading will always be profitable, but one of the things you do not hear a lot is that most people that try trading do not make any money, trading is a game where in order for you to win someone else needs to lose, and in order to make any significant profits you need several people to lose their money, that is why trading is not for everyone and why I prefer to hold instead.

altGear

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PRiVCY

Is the sky blue? Cheesy

Phily40

newbie

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holding is a lot more profitable then trading and It's probably safer but If you decide to trade then do it for the long term and with coins that has a good roadmap, getting involved in some pump and dump useless coins will only make you lose eventually.

Partizanai

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trading altcoins and even bitcoin is still very profitable, in altcoin you can ear much more tho, bitcoin should be considered as holding option

podrick17

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Quote from: Assface16678 on January 06, 2018, 11:31:40 AM

Its profitable , yes , but with cautions i guess. You can't just buy bitcoin and other coin without studying its movement. It is a matter of timing wether it is low or high ,but what i suggests to you is hold more than you trade because you can lose a lot bigger on trading than holding but you can also profit a lot bigger than holding, with a lots of luck maybe you can but its a rare opportunity.

For me the longer you hold the less effective the studying in movement it will be if we talk about bitcoin and strong alts, if you want to hold alts in top 10 lists for years i think no matter what its pump and dips it will always increase if you believe in cryptos. they will give you profits no matter what as long as you hold onto it for a long time.

Dart18

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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.

ukelover

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Yes, I can see a lot of people in this forum who are into trading, but you really need to study it first and calculate the risks. It can be very stressful as well.

allohha

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Quote from: Assface16678 on January 06, 2018, 11:31:40 AM

Its profitable , yes , but with cautions i guess. You can't just buy bitcoin and other coin without studying its movement. It is a matter of timing wether it is low or high ,but what i suggests to you is hold more than you trade because you can lose a lot bigger on trading than holding but you can also profit a lot bigger than holding, with a lots of luck maybe you can but its a rare opportunity.

I think it's better to consider the situation separately, in turn, because if one coin can have a high price, but there are no prospects, but there are some that begin to increase their table cost by several hundred percent. This really shows the prospects for earning not only today but also in the future.

Assface16678

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★Bitvest.io★ Play Plinko or Invest!

Its profitable , yes , but with cautions i guess. You can't just buy bitcoin and other coin without studying its movement. It is a matter of timing wether it is low or high ,but what i suggests to you is hold more than you trade because you can lose a lot bigger on trading than holding but you can also profit a lot bigger than holding, with a lots of luck maybe you can but its a rare opportunity.

susila_bai

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Seeing the current price movement in Bitcoin and other Altcoins their is very much profitable if you trade properly and keep the profit margin less then daily you can take 20 to 40% of profit daily in cryptocurrency trading

kelinci_putih

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I think trading bitcoin and other altcoin still profitable until now, but it's depend on our self how to manage our skill trading. Try to choose coin which good potencial to increase the price. Just keep patience and hold until the good time to sell our funds to get huge profit from trading.

CoinboyBebop

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Its still profitable, but only when you know what you are doing. Many new people who dont have any ideas of trading start to trade. They maybe make profit, but they to scary to risk and so they pass a lot of profit. So if your new to this business just chill and hold, it will be much more profitable. Trading is just for people with experience.

Boristhecat

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Quote from: all_inman on January 06, 2018, 07:11:51 AM

Of course it is profitable but from my point of view holding is mush more better

If we are talking about a growing market and one asset, it's more profitable to hold it. To surpass the index of the market is very difficult in this case. But if we are talking about a growing market and several assets, then using a constant revaluation of the portfolio, we get a return greater than the market index.

all_inman

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Of course it is profitable but from my point of view holding is mush more better

dxbcoin

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Yes, imo. I just started recently. totally a newbie. But I can see its still so much profitable

tarpa07

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Overly sure that is bitcoin trading and other altcoin trading is a still now more profitable so any one can start trading with bitcoin and altcoin.

Kevin77

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Quote from: Arkham Knight on January 03, 2018, 01:32:43 AM

Basically altcoins are more profitable than bitcoin. Bitcoins are a good investment, but it can't go 100x or 1000 easily in a short timeframe like altcoins can especially those that are sleeping for ages, under the radar and very cheap.

Somehow, and they are still very much risky as well. I understand that we can hardly see such a huge percentage increase on bitcoin compared to altcoin where we have seen more than 5000% increase within a year alone, but who knows, anything can happen that can cause a huge surge for bitcoin and we may end up still seeing the impossible happening.

As long as you know what you are doing, you are sure of your strategies, know when to get in and get out without gambling anything, and then you can really be very sure to get the best of trading. This is still a very profitable environment and there is no way you can have it all for sure, but one thing is that you can make more profit than losses if you learn.

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