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Topic: Is trading Bitcoin and other alts still profitable? - page 11. (Read 4788 times)

member
Activity: 294
Merit: 10
I think the current trade is growing. Because bitcoin prices are falling, this is an opportunity for many people, especially investors to invest by buying bitcoin or altcoins. This opportunity not only gives the merchant (trader) a profit but the buyer (investor) also gets a profit. Traders certainly know when the best time to sell their wares because every trader would expect great results.
full member
Activity: 217
Merit: 100
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!
For now,holding is a lot more profitable than trading. I admit that trading altcoin right now is very hard because the market is so bad

There is no end of the profitability in holding and trading. They're bot profitable ones with high income levels if the Money flows through crypto markets. Then we observe sharp movements in the market resulting in profits.
legendary
Activity: 1442
Merit: 1025
I think it's still very profitable. All we need to do is research the altcoin we want to invest and don't forget to read whitepaper carefully.
Picking the right coin usually helps when you want to hold. However, if you are planning to trade, as long as you are good, it can be highly profitable when you are even combining it with the holding. I have made so much from trading just within months that I started trading crypto and I see it as a huge ground of opportunity.

The most important thing is not to see it as a gambling ground, know what you are doing, learn if you do not, and practice gradually to get better.
hero member
Activity: 2562
Merit: 586
if you can go back in time Smiley) that trading Bitcoin and other alts  was very profitable. but for now,  it doesnt mean that you can not earn money but more difficult  Angry
In my opinion, it is not matter of going back in time, in fat you can still make a very good amount of money by doing trading of any kind of coin which you can afford to buy especially the coins like that of ETH etc. the fact is you need to have a very good skillset in trading if you are planning for trading and above all, planning of making some good amount of money in the field of trading.
full member
Activity: 210
Merit: 120
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!
Ofcourse it is. You can still earn from this . And I think that itbis the most effective way of earn so far, why? Because there are a lot of altcoin, that pumping in the market now. And if you are holding a lot of it , then definitely you earn your profit here since some of the coin are already double their price. Aside from that, it is still important to have a proper knowledge about the movement of its prices
hero member
Activity: 2730
Merit: 632
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!
Of course, there's still much profit in trading cryptocurrencies. If you do your due Diligence, you would be surprised at what your return On Investment would be. The Market hasn't pulled up much difference, u just need to study the market well before entering it.
Traders on this crypto market wont really lessen up since this is the most profitable way on earning money if we did it right but I would say it wont really be an easy stuff since you would really need skills and experience to be successful on this field. Regarding profitability then it would depend on your skills on how you do enter the market on making orders. Lots of people already making some serious cash on here.
newbie
Activity: 59
Merit: 0
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!
Of course, there's still much profit in trading cryptocurrencies. If you do your due Diligence, you would be surprised at what your return On Investment would be. The Market hasn't pulled up much difference, u just need to study the market well before entering it.
sr. member
Activity: 798
Merit: 250
I think trading Bitcoin and other altcoins still profitable, despite the high risks. If you avoid the most common mistakes and if you have good knowledge about trading you can minimize this risk and get the profit in most trades. But this need doing real effort and being online for long time.
member
Activity: 227
Merit: 26
PRiVCYM4tters🕵🔐PRiVCY MOD🕵
I would say trading is definitely potentially far more profitable but a whole lot more risky. I've made some good gains and also some big losses trading and not entirely knowing what I'm doing. You really need to teach yourself a lot to trade successfully.. or get really lucky. I think holding is a better plan for most.
newbie
Activity: 36
Merit: 0
If you were an experienced Trader back than, then this is the best time, but you have to pick coins wisely in which you want to day trade.
member
Activity: 350
Merit: 12
Of course is it, but with so high volatility you need to be very very careful and use a solid strategy: if you trade by instinct, it's very easy to make "panic moves" and losses are guaranteed!
full member
Activity: 462
Merit: 100
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!

I think that can still earn profits only altcoin trading, because altcoin prices are still very cheap, in contrast to bitcoin prices that have been too expensive and can not get a lot of profit.
hero member
Activity: 700
Merit: 500
yes.. but needs more learning and understanding because it's quite complicated

Trading bitcoin and alternatives coins are still profitable until now(I don't know why you even ask it lol). Trading is one of the ways on how you could make a really huge profit, well that is if you are going to spend your time on Trading mostly, because it requires really a lot of time to monitor the fluctuations of prices, if you miss the PUMP of the coins that you are going to Trade.
sr. member
Activity: 1120
Merit: 438
https://bitcointalk.org/index.php?topic=5274318.0
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!

on this days, bitcoin trading is not so profitable since the raising of altcoins. bitcoin price fluctuaction arround 1-3% per day for now.
but as you can see, the fluctuation of altcoins price is going crazy. and we have 1385 coins/tokens that listed on coinmarkecap so far. so there are many opportunities to get profit.

Is trading Bitcoin still profitable? yes, but not on this period.
Is trading altcoin still profitable? yes, lambo everywhere.
full member
Activity: 364
Merit: 100
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 of course still very profitable just so that bitcoin you have can increase many good way is trading at altcoin which price still cheap, you will get much profit from altcoin.
member
Activity: 364
Merit: 10
Alfa-Enzo:Introducing the First Global Smartmarket
Base of my knowledge about trading is there is always be a profit if you involve in trading especially in the market. But in other case thier are some strategy that the profit asking well be leasther if you do it harder. When trading in the market thier are sufficient profit base of the value have transac. Base on how long I started this investment I never heared that they are transaction that dont have profit.
full member
Activity: 278
Merit: 101
Staker.network - POS Smart Contract ETH Token
Of course it is. At the moment prices are really volatile, so if you buy and sell when you have to, you will make a lot of money. Also holding is giving a lot of profits in certain Coins. So I think this is the Best moment to trade Coins ever.some Coins grow a 100% in one day, thats insane. Today enjin grew 100% last week deeponion grew 100%
sr. member
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
If your planning to buy btc and just hold it it's still a great way to gain but you don't get more btc by doing that. So if you trade alts you will earn money and in the same time get more btc. And it is best (for me) to trade alts rather than just hold btc. (Usually i have a bag of btc to hold.)
Trading is far more profitable than just holding plus you get the chance to manipulate how much you are going to gain. It is not easy but if one puts hard work and determination how trading works then that person will have chance for a good adventure in trading. Investing is a risk but trading holds much more risk, it may be frustrating because the trading prices easily change but the challenge is there. Earning in signature campaigns and then trading is what I do to earn and  accumulate bitcoins and for me these two methods make a good combo in earning bitcoin.
member
Activity: 84
Merit: 10
AQGmvEGdwBDWpNmH23337qRVEdqj7wduzj
yes.. but needs more learning and understanding because it's quite complicated
sr. member
Activity: 616
Merit: 250
If your planning to buy btc and just hold it it's still a great way to gain but you don't get more btc by doing that. So if you trade alts you will earn money and in the same time get more btc. And it is best (for me) to trade alts rather than just hold btc. (Usually i have a bag of btc to hold.)
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