Topic: Is trading Bitcoin and other alts still profitable? - page 13. (Read 4788 times)
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.
All the crypto or altcoins values don't stand still so that you can not be declared what will come in future. Almost every coin changes their value and price but no one can predict that will increase or decrease. We can not say anything about these coins future price and rate. Now a days people are knowing more about these type of things and encourages to investing into them and profit going lower but investing into bitcoin or any alts were so much profitable at the past. Investing into them will always profitable but you have to take the right decision.
Day trading remains profitable but we can't deny the fact that the risk on it is getting worse especially nowadays that btc is not recovering yet and some alts are also falling down. For that reason, it's advisable if you hold your coins for now to avoid sudden losses. But since you already have experiene in trading, I guess you can handle this kind of situations so there's nothing wrong if you try.
It seems to me that it only makes sense to trade in large volumes and play on day waves. With small amounts does not make any sense.
the problem of the alts is that they are very profitable for a short time then after it is the turn of the bitcoin, so on ..
Yes, bitcoin and altcoins are still profitable. Now a days bitcoins price gained so high, so it is hard to invest in bitcoin. But it is still better to invest in altcoins because they have better future, definitely their price will go high in next few days. So one can start trading in altcoin due to low price and take better returns on it.
For now, the best decision you can make is to just sit down, study,watch the trend yourself. See things as they happen. A week is enough time for your to understand what is happening in the market.
But for me i think HODLING is the best deal. HODL for a long time and make a kill outta the market.
But for me i think HODLING is the best deal. HODL for a long time and make a kill outta the market.
I see the current trade is very profitable because the price of bitcoin and altcoin is very expensive. there is some time the price of bitcoin and altcoin down then I think this is the right time to buy altcoin and wait for the expensive price to sell.
if you can go back in time 
) that trading Bitcoin and other alts was very profitable. but for now, it doesnt mean that you can not earn money but more difficult 
) that trading Bitcoin and other alts was very profitable. but for now, it doesnt mean that you can not earn money but more difficult
I think that only trading in bitcoin at this time will not be profitable is better to trade in some altcoin as well because usually the price of bitcoin and altcoin have the opposite price
Yes you can start bitcoin trading with a different platform and you can still now make a profit with your trading if you know details of trading.
Definitely yes, trading bitcoin and other altcoins are still profitable because if we are a great or an expert in trading, we will surely have a win win situation by doing trading with bitcoin and other altcoins, but me i am not yet doing trading with bitcoin because i am just holding my bitcoin because i am waiting until the value of it is will rise and trading other alts very profitable just like doing trading litecoin.
It all depends on how you play your game. If you do not know how to read the chart, don't just jump into it. I've lost a whole lot of money while trading. It sure is still profitable, but on can lose too.
Trading is always profitable. The question is only how much you have to invest and I don't mean only funds and how much you will get back.
It's not so easy to make profit with trading like it seems and it takes time and experience.
It's also important which coin you choose and how well you know the market. The choice is not easy and you have to pick very carefuly, losing money is easy.
It's not so easy to make profit with trading like it seems and it takes time and experience.
It's also important which coin you choose and how well you know the market. The choice is not easy and you have to pick very carefuly, losing money is easy.
It is still profitable, but it requires a lot of work. You need to be adept at certain altcoin for you to be able to calculate the risk of trading. The market is too volatile right now and it kind of felt as if you're really gambling when you trade. But if you have the knowledge and have mastered the workaround for this then this is actually the fastest way for you to grow your portfolio.
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!
trade is still profitable if we do it right. but I end up choosing to hold my coins a lot because of market movements that I think are less stable.I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
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.
As for now, it is very hard to invest in bitcoin because of its high price so many traders and investors prefer to invest in altcoins. Both bitcoin and altcoins are still profitable but of course there will be risk taken and the success will depend on how good you are in selecting the coin to invest into and how smart you are as a trader. Trading and investing is not easy and there is no assurance there will be a profit gained in the end but of course there is a possibility.
As a full time day trader of coins, people always want to know the coin that they can make a lot of money on in said day. While good profits are easy to obtain after you have a good idea of what everything usually trades at. The selling of coins for a short term profit is where I have missed out on some of the largest gains! For example setting just recently i bought zclassic and set the sell profit for an embarrassingly small amount considering how much i would have made if I would of just left it. While I am all for say selling bitcoin at 20k and buying it back at 13, on the whole, without literal 24/7 attention you are better off just buying to hold long term.
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.
Both are profitable but altcoins can give more profit as the price of bitcoin is more than the altcoins. Altcoins with less price can give more profit buy altcoins more in numbers and then sell the coins as the price varies that will give good profit.
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.
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.
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