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Topic: Is trading Bitcoin and other alts still profitable? - page 18. (Read 4754 times)

legendary
Activity: 2534
Merit: 1338
Trading is only profitable if you are a daytrader and you really know what you are doing, it has a lot of risks and it is not easy at the moment, all the altcoins are going down, and those who are in bullish trend are a few ones.
So if you are a newbie, you should know that it is not going to be easy, and if you are greedy as fuck and you only want to make hundreds of dollars everyday, you will lose your investment sooner or later.
The best thing you can do is just hold your coins for some months.
The problem with newbies is that they have heard the stories of early adopters buying bitcoin for a few dollars and now being millionaires and they want to emulate that when we know that is almost impossible to replicate, they have false beliefs about the profits you can get with bitcoin, the profits are indeed impressive but you cannot become rich with just a few dollars anymore.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
There's never been a better time to get into trading. Pretty much every coin is in the green these days. You could simply buy a coin and hold it for a while and make profit. Now is the best time ever to invest in alts. Just make sure you buy in the red and sell in the green.
member
Activity: 154
Merit: 10
I also think that the Bitcoin trade and other altcoyins are still profitable, as the prices, although they fluctuate, still continue to grow.
hero member
Activity: 1008
Merit: 501
YES!
I only trade ETH ETC DASH Ripple and BTC cash now
My answee is also yes. I still considered trading  Bitcoin and other altcoin as a profitable. The value of Bitcoin and Altcoin are highly recommended especially Bitcoin and Ethereum. Both of it are good in trading.
I think to be profitable or not it will depend on each of its own users. you know that the price of cryptocurrency rises and falls or is arguably fluctuating and you'll be profit if you have the knowledge and skills to be able to pick which coins are potential and when is the right time to buy and sell ?
full member
Activity: 518
Merit: 184
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 indeed trading bitcoin and alt coins are profitable it is just that you need to have a very good timing to be able to earn profit but if you will be affected by your emotion that is a different story because if your emotion rules your state of mind and tends you to panic it might lead to losses. Thats why you need to think before buy and sell to avoid losses.
member
Activity: 136
Merit: 11
I'm new in trading and I'm getting a profit, even though my profit is small due to my small capital, so I think trading cryptocurrency is still profitable, the price of fluctuating cryptocurrency so you can get a profit or not it depends on your strategy.
full member
Activity: 714
Merit: 100
trading is still profitable and will be profitable among other ways to earn bitcoin and infact the market has been already improve when compared on the past because the coins has now increased, altcoins and bitcoin has increased drastically . however the strategy for trading is still the same like buying low and selling high.  lastly, you must keep in mind that trading is still verry risky and requires skill, patience and luck in order to be succesfull on it.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
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!
Trading bitcoin and other alternative coins are still profitable.In my opinion, the best thing we can do for now is to hold our bitcoins due to its increasing of value every day which help us to earn money without making an effort or spending time too much which is also safer than ever. By monitoring the price of btc or altcoins and by observing the market is the only thing you will do effortlessly. The btc reached $18,907.01 which is a very big amount of value.
When it comes to bitcoin price then its not already a shocker since we do already knew its potential and capacity when it comes on future prices which is indeed high and valuable. Trading other alts is really profitable and if we do try to see on volumes of being traded on daily basis you would really say that there is really a big demand on those coins specially on top coins on the marketcap.
Trading in every sector of life is profitable and not only in cryptocurrency business. If you have the ability of trading affectively then there is no doubt that you will make money with it. For a good trader training and experience is mandatory. If you know all the techniques of trading then you will become a successful trader otherwise you may waste your time. Knowledge is power and with this power you will make profit.
hero member
Activity: 1246
Merit: 529
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You can completely exchange altcoin to gain huge profits. Because bitcoin is too big, bitcoin exchange is very difficult, so altcoin exchange is good for this time. You can get dual values ​​when bitcoin and altcoin increase the price.

Well if you've been paying attention recently to how major alts are rampaging, it would be obvious that its more than profitable at this stage. People have become rich from trading especially the past two months.
full member
Activity: 504
Merit: 105
You can completely exchange altcoin to gain huge profits. Because bitcoin is too big, bitcoin exchange is very difficult, so altcoin exchange is good for this time. You can get dual values ​​when bitcoin and altcoin increase the price.
full member
Activity: 420
Merit: 102
YES!
I only trade ETH ETC DASH Ripple and BTC cash now
My answee is also yes. I still considered trading  Bitcoin and other altcoin as a profitable. The value of Bitcoin and Altcoin are highly recommended especially Bitcoin and Ethereum. Both of it are good in trading.
legendary
Activity: 2534
Merit: 1338
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!

Trading at this moment is good profit to us but always wisely because trading is too risky.if you want a good profit,hold you're coin until the value is enough for you're needs.its better to hold in a long term than spend it in trading for nothing.but then again it is depend on your decision how you use it.all of coins are profitable if we know how to use it in a right way.
Trading is always going to be profitable but there are certain moments in which the market gives better profits, for example when the market goes up that is a good moment to trade and that is also true when the price is stable, but when the price goes down it is a lot more difficult to make money since there are less people in the market and the few that are still on the market want to get out.
hero member
Activity: 2954
Merit: 683
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!
Trading bitcoin and other alternative coins are still profitable.In my opinion, the best thing we can do for now is to hold our bitcoins due to its increasing of value every day which help us to earn money without making an effort or spending time too much which is also safer than ever. By monitoring the price of btc or altcoins and by observing the market is the only thing you will do effortlessly. The btc reached $18,907.01 which is a very big amount of value.
When it comes to bitcoin price then its not already a shocker since we do already knew its potential and capacity when it comes on future prices which is indeed high and valuable. Trading other alts is really profitable and if we do try to see on volumes of being traded on daily basis you would really say that there is really a big demand on those coins specially on top coins on the marketcap.
member
Activity: 182
Merit: 10
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!
Trading bitcoin and other alternative coins are still profitable.In my opinion, the best thing we can do for now is to hold our bitcoins due to its increasing of value every day which help us to earn money without making an effort or spending time too much which is also safer than ever. By monitoring the price of btc or altcoins and by observing the market is the only thing you will do effortlessly. The btc reached $18,907.01 which is a very big amount of value.
sr. member
Activity: 574
Merit: 250
Trading is only profitable if you are a daytrader and you really know what you are doing, it has a lot of risks and it is not easy at the moment, all the altcoins are going down, and those who are in bullish trend are a few ones.
So if you are a newbie, you should know that it is not going to be easy, and if you are greedy as fuck and you only want to make hundreds of dollars everyday, you will lose your investment sooner or later.
The best thing you can do is just hold your coins for some months.

I totally agree. The eternal race for investments, deposits and transfers can lead ultimately nowhere
member
Activity: 576
Merit: 43
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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!

really trading bitcoin and altcoin in other market is very advantageous especially if we can take advantage of difference of difference of bitcoin and altcoin price in other market we can get very much profit.
newbie
Activity: 140
Merit: 0
YES!
I only trade ETH ETC DASH Ripple and BTC cash now
sr. member
Activity: 951
Merit: 250
You will never can say what will come perfectly because all the crypto or altcoins values are not stands still. Their value always changes but not a single person can say what will the rate at future. We can not say its value will increase or down. At past investing into bitcoin and other alts were so much profitable but now a days people knowing more about these type of things and encourages to invest into them and profits going lower. Trading bitcoin or other alts still profitable but less than past.
Yes i strongly agree on that i believe that gaining profit is depend on how people think or maybe do any kinds of idea they tend to do to get a huge amountvof profit by means of trading maybe people know thatvtrafing is risky yet peofitable and it depend on how you really make decision in everytime you do trading the important thing here is the patience.
member
Activity: 364
Merit: 10
You will never can say what will come perfectly because all the crypto or altcoins values are not stands still. Their value always changes but not a single person can say what will the rate at future. We can not say its value will increase or down. At past investing into bitcoin and other alts were so much profitable but now a days people knowing more about these type of things and encourages to invest into them and profits going lower. Trading bitcoin or other alts still profitable but less than past.
member
Activity: 273
Merit: 11
Of course it is, but only if is you act as a professional, maximizing the gains and minimizing the loss.
Of course analysis is difficult, because the standard system don't work so well.
But my impression is that a lot of "traders" are actually gamblers, taking decisions without any sense.
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