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Topic: Trading altcoin and holding bitcoin which one is more profitable? - page 18. (Read 13578 times)

sr. member
Activity: 2310
Merit: 332
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?

If holding bitcoin in the wallet brings more profit as market appreciate well it could be but on the contrary talking about the risk part, I think it is safer when bitcoin is on trade because it most definitely won't affect you incase you lose your wallet for instance.
full member
Activity: 504
Merit: 100
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
I am more inclined to trade a more profitable altcoin, if you just silenced the bitcoin for its very long movement, but if playing altcoin is so fast your bitcoin develops.
legendary
Activity: 1428
Merit: 1000
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
I guess you have practically answered your own question. Holding of course is risk free and for long term profit without bothering about the news and drops, it is best. Most esoecially if you do not have an idea how to trade. However, for both short and long term, daily trading is more profitable as this gives you the chance to multiply your coin but comes with more risk of loosing them too if you are not careful. Trading altcoins though can be extremely more risky.
Trading altcoins is depended on your coins and time it will give you profit. Sometime within few days the coin price will increase and give us more than 100% profit and sometime it will take a long time to give profit. So to compare this holding bitcoins is the risk free and 100% profit you can make in the long term.
legendary
Activity: 938
Merit: 1002
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
I guess you have practically answered your own question. Holding of course is risk free and for long term profit without bothering about the news and drops, it is best. Most esoecially if you do not have an idea how to trade. However, for both short and long term, daily trading is more profitable as this gives you the chance to multiply your coin but comes with more risk of loosing them too if you are not careful. Trading altcoins though can be extremely more risky.
full member
Activity: 128
Merit: 100
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?

I agree that holding bitcoin has less risk but trading altcoins will give you more bitcoins. You just need to be very careful on what coins you will be trading. Research or those on top 10 coin market cap are some alts that are safe. But if you want to risk there are lot of coins will give you big profit. As they say, Do not put all your eggs in one basket and invest what you can afford to lose.
sr. member
Activity: 616
Merit: 250
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
I think altcoins trade is more profitable than holding bitcoin, indeed trading altcoins has a big risk if compared with holding bitcoin, but I think we should dare to take risks and if we do trading properly then we can minimize the risk.
full member
Activity: 252
Merit: 107
trading is definitely more profitable in both short and long period!  but there is a "but":

-you need to study deep on trading and need a lot of practice before trying with big money
-you need a strong stomach and a lot of patient

if you don't follow this basic rules, maybe you will start like me doing a great job (just fortune) but in the long period without strong technical skills you will lose everything, missing right entry and exit and you will arrive at my personal poin in which i decided to STOP TRADING START INVESTING =D
full member
Activity: 532
Merit: 100
For me trading altcoin is better and more profitable and ofcourse you can earn much more if you were have a knowledge in trading and also the skill.. Than holding it because of the unstable value when you only holding it.
member
Activity: 72
Merit: 10
I agree with you that storing btc in a wallet is safer as the profit it brings is not as much as selling the altcoins. Currently btc market is quite stable so when investing btc then it must be a long-term investment. As for altcoins, some altcoins appear to be very stable and some of them fluctuate constantly. If you have enough confidence and knowledge about the business then it is an opportunity to enrich yourself. But the risk is not small.
sr. member
Activity: 266
Merit: 250
You should choose altcoin which has good idea, strong team and which always give information in social media about their developmnets. It`s better to look for altcoins which will have some announcements soon, but in this moment are on the lowest price... so you can buy, wait week ar a month and your BTC can grow in 30-100% or more.
full member
Activity: 504
Merit: 100
I agree do keep the bitcoin in the wallet more secure and secure. compared with our altcoin trading which is likely to cause losses. bitcoin is worth keeping in the wallet and in the long run. different from altcoin that can not be stored in the long run many of the risks faced one of them altcoin can be lost from the market anytime without the knowledge of the owner
I'm a little disappointed that altcoin can not be stored on long-term prospects. I had a little different opinion on these points. But there's nothing to be done if this is so.
full member
Activity: 532
Merit: 168
hello there

If you are an experienced trader,  trade is the best option, otherwise ,the trader will certainly be more risky than hold.
sr. member
Activity: 1344
Merit: 259
Tontogether | Save Smart & Win Big
I agree do keep the bitcoin in the wallet more secure and secure. compared with our altcoin trading which is likely to cause losses. bitcoin is worth keeping in the wallet and in the long run. different from altcoin that can not be stored in the long run many of the risks faced one of them altcoin can be lost from the market anytime without the knowledge of the owner
full member
Activity: 406
Merit: 101
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
trading with bitcoins is indeed very profitable but we must know how to trade profitable. but if you do not have skill in trading then I suggest you should hold your bitcoin.
Trading bitcoins is more preferable than holding it in your wallets. People trade bitcoins mostly when their prices are high in the market and invest more in it when their prices are low in market. If you don’t know much about trading then you must hold your bitcoins till you expertise this field of trading.
hero member
Activity: 602
Merit: 500
It depends on the timing or the techniques that you are doing. Altcoins and bitcoins are both profitable if you just do the right position like when to hold or sell to get a lot of profit.

However , the basics of finding and dealing with these coins can be very profitable if you know what you're doing. Get the right altcoin and sell and buy it at a right time can give you a lot of profits., but most people do not know the right time to sell or buy and hence are un-sucessful.
full member
Activity: 350
Merit: 108

i think altcoin trading is more profitable but the risk is big, depending on how our knowledge and trading strategy. but if you do not want to take big risks then the choice is to hold bitcoin.
hero member
Activity: 823
Merit: 500
SquidCoin.cash
From my experience trading altcoins is much more profitable than holding bitcoin..
Sometimes a altcoin pumped 10x in just a few days but bitcoin price increase slowly ...
Holding bitcoins is also a good idea .. As Bitcoin is the future Currency
hero member
Activity: 641
Merit: 505
For me both of this is important because almost my bitcoin came from the altcoin. I choose to earn a token instead of buying because of the income, I don't want to lose some money, so if my token earned was converted to bitcoin it is enough for me because I have an income. After that I choose to hold it to bitcoin for another profit, cause I know that bitcoin price will increase due to increasing of user.
sr. member
Activity: 616
Merit: 250
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
trading with bitcoins is indeed very profitable but we must know how to trade profitable. but if you do not have skill in trading then I suggest you should hold your bitcoin.
sr. member
Activity: 588
Merit: 251
HELENA
It depends on the timing or the techniques that you are doing. Altcoins and bitcoins are both profitable if you just do the right position like when to hold or sell to get a lot of profit.
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