Trading altcoin and holding bitcoin which one is more profitable? - page 19.

chaser15

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Quote from: South Park on September 12, 2017, 01:40:25 PM

Quote from: aardvark15 on September 08, 2017, 05:42:53 PM

Quote from: Bagaji on August 14, 2017, 04:54:51 PM

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 ?

It depends on how well you do with altcoin trading. If you know what you are doing and you get lucky sometimes, you could make some good profits with trading.

You can also probably do fine if you just buy and hold Bitcoins. Its also a lot easier to just hold because trading is a lot of work if you do all the research and follow the charts every day.

I think this is key, altcoin trading can be more profitable but holding bitcoin long term, is easier, safer and anyone can do it, the only downside is that is getting harder to get a bitcoin thanks to the high prices, so if you want to play it safe hold bitcoin but if you want to risk it then trade altcoins.

Actually to win the game we must play it right.

If it's harder for some people to acquire bitcoin then changed it so that they can able to hold.

If it's harder for some people to acquire an altcoins then changed it so that they can able also to hold.

In this type of activity, being afraid and regrettable must be minimized. There is no easy path to take profits so to make a profit from both holding bitcoin or altcoin, we must be eager to do this.

South Park

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Quote from: aardvark15 on September 08, 2017, 05:42:53 PM

Quote from: Bagaji on August 14, 2017, 04:54:51 PM

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 ?

It depends on how well you do with altcoin trading. If you know what you are doing and you get lucky sometimes, you could make some good profits with trading.

You can also probably do fine if you just buy and hold Bitcoins. Its also a lot easier to just hold because trading is a lot of work if you do all the research and follow the charts every day.

I think this is key, altcoin trading can be more profitable but holding bitcoin long term, is easier, safer and anyone can do it, the only downside is that is getting harder to get a bitcoin thanks to the high prices, so if you want to play it safe hold bitcoin but if you want to risk it then trade altcoins.

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Quote from: South Park on September 08, 2017, 02:12:51 PM

Quote from: Ayiranorea on September 06, 2017, 02:02:08 PM

Quote from: jagdeepjd on September 06, 2017, 01:48:34 PM

I think trading altcoin is more profitable if you know what you are doing .I personally trade altcoins and at the moment i am all in altcoins just few btc.

Altcoins might be profiting big, but bitcoin gives an assurance or an trust for the holding amount. Majority of the users make an good earning through altcoins and hold those earnings for long term usage in the form of bitcoin. So both were mutually important for a bigger profiting.

Correct, alts are great money makers but are not the best when it comes to storing your wealth long term since most coins disappear after a few years but bitcoin is the first crypto and it is still here so that gives confidence to investors that bitcoin is not going to disappear overnight.

You are right. I think altcoin will not be a good idea in any case. The reason which I think is that market value of altcoin stands nowhere. Altcoin is nothing but a fire cracker which will lighten us for a while and will then it’s all over. You can never rely on it for a longer term and better profits.

GrayFullbuster

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It is really hard to choose between the two because both of them are extremely profitable. I invested my money both in altcoins and bitcoins. Bitoins nowadays are full of potential and also most of the altcoins are really profitable. I prefer to you to divide your fund in bitcoins and altcoins.

Taskford

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They are both different but they have the common thing that they will give you and that is profit. If you want a safer way and a less riskier way to make money then just hold your bitcoin for long term because that is how you are going to be safe but if you want to take risk and earn money then go for trading altcoins because they are still worth it even it is a risky way.

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Why not trying both of these? You just have to diversify your funds and decide what amount will you put in Bitcoins and how much in altcoin trading. When handling in right manner and choosing right altcoins this could be very profitable combination. My preference is Bitcoin so I would put more money in that.

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bitcoin31

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If you want to earn big profit you need to invest in bitcoin and also altcoins. Because if you steady only to one you dont have support what if bitcoin rpice decrease your money also decrease. While if you have two investment if theres one have problem do you have another one. Investing in altcoin and also holding bitcoin is good and for sure you will earn a lot of profit in the future. More altcoin and more bitcoin is money.

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Quote from: micher143 on September 10, 2017, 11:38:53 AM

Quote from: fullhdpixel on August 25, 2017, 06:13:04 AM

Quote from: JL421 on August 22, 2017, 01:20:34 PM

It various from person to person some people are lucky enough to make more profit from trading altcoins but some people don't have that talent in them so they hold bitcoin. You can try trading if you feel you are making good profits continue or just hold bitcoin like how everyone else does

Trading requires skills, experience and patience. It has nothing to do with luck. If one can do it, you can also do it. For a newbie, it is better to invest a little to gain required knowledge. Both are beneficial in lone terms and I suggest buying bitcoins with trading profits and then do bitcoin trading also.

I agree , if we set to used trading for our bitcoin to have a profit in the future we must learn the proper way of trading and also the system of bitcoin in terms on transaction. And in the types of earning in terms of bitcoin trading is can consider as a more active way of earning because it simply requires to do our part for us to earn.

Ya accept your point. We must do something to earn the money. Either it may be the trading of bitcoin or altcoin or saving of both altcoin and bitcoin. If you trade altcoin means it will give you low amount, but holding of bitcoin for certain period of time, it will give you huge profit. So use the second opinion to get more income.

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Quote from: zidanw on September 10, 2017, 08:55:04 AM

Quote from: Bagaji on August 14, 2017, 04:54:51 PM

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 ?

it all depends on the market situation, sometimes altcoin trading is more profitable because the movement is faster, or bitcoin is more profitable because suddenly the price goes up.

Yeah, and I often see the market situation always pumping the price of altcoin more than pumping the price of bitcoin. So I think about profit, altcoin trading is still better than holding bitcoin even though it is risky but we can still hold and wait for the next pump, especially for people with small capital, altcoin trading is still a good choice because strong pumping occurs frequently, they can double or triple the capital in short term. Holding bitcoin can not do that in the short term, and the price of bitcoin has been high, we will need to hold more bitcoin if we want to make a big profit, this is very difficult for anyone with small capital

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Quote from: mastadonballs on September 09, 2017, 03:01:33 PM

Quote from: South Park on September 09, 2017, 01:52:02 PM

Quote from: knightmairesaint on September 08, 2017, 02:45:44 PM

Quote from: South Park on September 08, 2017, 02:12:51 PM

Quote from: Ayiranorea on September 06, 2017, 02:02:08 PM

Quote from: jagdeepjd on September 06, 2017, 01:48:34 PM

I think trading altcoin is more profitable if you know what you are doing .I personally trade altcoins and at the moment i am all in altcoins just few btc.

Altcoins might be profiting big, but bitcoin gives an assurance or an trust for the holding amount. Majority of the users make an good earning through altcoins and hold those earnings for long term usage in the form of bitcoin. So both were mutually important for a bigger profiting.

Correct, alts are great money makers but are not the best when it comes to storing your wealth long term since most coins disappear after a few years but bitcoin is the first crypto and it is still here so that gives confidence to investors that bitcoin is not going to disappear overnight.

Right bitcoin has been standing strong ever since digital currency was announced and opened. I have also read that despite the may issues that bitcoin had in the past, it has overcome it and have reigned and gain higher intention because of that. Many people are using it but still there are many people who don't know about it.

Yeah, it is kind of a shame that bitcoin has not gained wide adoption yet but at the same time bitcoin is not ready, people have been arguing about the best to way to scale bitcoin and we finally adopted a solution segwit, so I think the next decade in the life of bitcoin will be one of huge adoption.

If Bitcoin has problems, we will SegWit, HardFork, split chain ... and this scenario always repeat make me do not know when is time for Bitcoin improved all!? But I'm trader, so I think do not need care to this issue many much, unless when I hold my Bitcoin for long term, I will consider that.

As an investor those things do really tires me out because even im an active trader i do still have some bitcoins who are really being kept for future purposes and when i saw dips it does really sucks this is why i just let it be.Now on my traders side same as yours i dont really care at all on those events since i do make active trades which everytime theres a news i do somehow anticipated on which where bitcoins prices would go on those times.

micher143

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Quote from: fullhdpixel on August 25, 2017, 06:13:04 AM

Quote from: JL421 on August 22, 2017, 01:20:34 PM

It various from person to person some people are lucky enough to make more profit from trading altcoins but some people don't have that talent in them so they hold bitcoin. You can try trading if you feel you are making good profits continue or just hold bitcoin like how everyone else does

Trading requires skills, experience and patience. It has nothing to do with luck. If one can do it, you can also do it. For a newbie, it is better to invest a little to gain required knowledge. Both are beneficial in lone terms and I suggest buying bitcoins with trading profits and then do bitcoin trading also.

I agree , if we set to used trading for our bitcoin to have a profit in the future we must learn the proper way of trading and also the system of bitcoin in terms on transaction. And in the types of earning in terms of bitcoin trading is can consider as a more active way of earning because it simply requires to do our part for us to earn.

Bek

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If you compare the top minable cryptocurrency average daily returns with that of btc, altcoins seem to be more generous.
Take a look http://altanga.com for more details.

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Quote from: wilwxk on September 10, 2017, 09:30:49 AM

If you are a good trader, alts and bitcoin will be prifitable, but the altcoins will give you some extra money, altcoins are more unstable, so if you are a good trader, you can use this volatility to make money, if you are not, you need to continue in bitcoin and learn more.

You can earn on bitcoin violation, 5.000$ then 3.800$, back to 4700$ then down again
You do the math here, but if you trade with bitcoin higher chances are for making profit from violations. Altcoins don't have so wide range between lowest and highest daily or weekly price.
I'm holding some altcoins and I will sell when I'm in my expected profit. I also hold bitcoins so logical question is why to not do both and make profit in both ways, all tho it's not easy. Some altcoins that I hold are quiet this days, bitcoin is going down. But that will change, that's why I'm holding for long term.

wilwxk

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If you are a good trader, alts and bitcoin will be prifitable, but the altcoins will give you some extra money, altcoins are more unstable, so if you are a good trader, you can use this volatility to make money, if you are not, you need to continue in bitcoin and learn more.

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Quote from: Bagaji on August 14, 2017, 04:54:51 PM

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 ?

it all depends on the market situation, sometimes altcoin trading is more profitable because the movement is faster, or bitcoin is more profitable because suddenly the price goes up.

JohnBitCo

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It's not going to happen with most alt coins, but if it ever does happen you're going to find a hot higher Revenue increase quickly. Bitcoin itself is going to rise over time. There's no doubt that holding Bitcoin for a years going to be profitable for you, we're as on the other one there's right amount of doubt that you're ever going to make money off pick any particular coins.

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Quote from: South Park on September 09, 2017, 01:52:02 PM

Quote from: knightmairesaint on September 08, 2017, 02:45:44 PM

Quote from: South Park on September 08, 2017, 02:12:51 PM

Quote from: Ayiranorea on September 06, 2017, 02:02:08 PM

Quote from: jagdeepjd on September 06, 2017, 01:48:34 PM

I think trading altcoin is more profitable if you know what you are doing .I personally trade altcoins and at the moment i am all in altcoins just few btc.

Altcoins might be profiting big, but bitcoin gives an assurance or an trust for the holding amount. Majority of the users make an good earning through altcoins and hold those earnings for long term usage in the form of bitcoin. So both were mutually important for a bigger profiting.

Correct, alts are great money makers but are not the best when it comes to storing your wealth long term since most coins disappear after a few years but bitcoin is the first crypto and it is still here so that gives confidence to investors that bitcoin is not going to disappear overnight.

Right bitcoin has been standing strong ever since digital currency was announced and opened. I have also read that despite the may issues that bitcoin had in the past, it has overcome it and have reigned and gain higher intention because of that. Many people are using it but still there are many people who don't know about it.

Yeah, it is kind of a shame that bitcoin has not gained wide adoption yet but at the same time bitcoin is not ready, people have been arguing about the best to way to scale bitcoin and we finally adopted a solution segwit, so I think the next decade in the life of bitcoin will be one of huge adoption.

If Bitcoin has problems, we will SegWit, HardFork, split chain ... and this scenario always repeat make me do not know when is time for Bitcoin improved all!? But I'm trader, so I think do not need care to this issue many much, unless when I hold my Bitcoin for long term, I will consider that.

xIIImaL

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Quote from: knightmairesaint on September 08, 2017, 02:45:44 PM

Quote from: South Park on September 08, 2017, 02:12:51 PM

Quote from: Ayiranorea on September 06, 2017, 02:02:08 PM

Quote from: jagdeepjd on September 06, 2017, 01:48:34 PM

I think trading altcoin is more profitable if you know what you are doing .I personally trade altcoins and at the moment i am all in altcoins just few btc.

Altcoins might be profiting big, but bitcoin gives an assurance or an trust for the holding amount. Majority of the users make an good earning through altcoins and hold those earnings for long term usage in the form of bitcoin. So both were mutually important for a bigger profiting.

Correct, alts are great money makers but are not the best when it comes to storing your wealth long term since most coins disappear after a few years but bitcoin is the first crypto and it is still here so that gives confidence to investors that bitcoin is not going to disappear overnight.

Right bitcoin has been standing strong ever since digital currency was announced and opened. I have also read that despite the may issues that bitcoin had in the past, it has overcome it and have reigned and gain higher intention because of that. Many people are using it but still there are many people who don't know about it.

Holding bitcoin being expected by the every people from the scratch level of price but when seeing price now I am think that I may have s millionaire and more. Instead of trading altcoin you will be able to mine any digital currency. In recent days mining altcoin like LTC, eth, monero and zcash become very popular and being used in everywhere.

South Park

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Quote from: knightmairesaint on September 08, 2017, 02:45:44 PM

Quote from: South Park on September 08, 2017, 02:12:51 PM

Quote from: Ayiranorea on September 06, 2017, 02:02:08 PM

Quote from: jagdeepjd on September 06, 2017, 01:48:34 PM

I think trading altcoin is more profitable if you know what you are doing .I personally trade altcoins and at the moment i am all in altcoins just few btc.

Altcoins might be profiting big, but bitcoin gives an assurance or an trust for the holding amount. Majority of the users make an good earning through altcoins and hold those earnings for long term usage in the form of bitcoin. So both were mutually important for a bigger profiting.

Correct, alts are great money makers but are not the best when it comes to storing your wealth long term since most coins disappear after a few years but bitcoin is the first crypto and it is still here so that gives confidence to investors that bitcoin is not going to disappear overnight.

Right bitcoin has been standing strong ever since digital currency was announced and opened. I have also read that despite the may issues that bitcoin had in the past, it has overcome it and have reigned and gain higher intention because of that. Many people are using it but still there are many people who don't know about it.

Yeah, it is kind of a shame that bitcoin has not gained wide adoption yet but at the same time bitcoin is not ready, people have been arguing about the best to way to scale bitcoin and we finally adopted a solution segwit, so I think the next decade in the life of bitcoin will be one of huge adoption.

Topic: Trading altcoin and holding bitcoin which one is more profitable? - page 19. (Read 13616 times)