Trading altcoin and holding bitcoin which one is more profitable? - page 25.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: herurist on August 23, 2017, 03:20:52 AM

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

You should hold bitcoin, but patience and emotion control needed. I didn't recommend to trading altcoin but if you want, please hold it like btc ( long time period ). For me, trading is more difficult than investment and most people loss with that option. Besides that, btc price action history and volume always raise up than another coin. Prepare your stop loss before trade/ investment to minimalize your loss. There's risk you must face it with your trading decision. Be patience and have a nice day.

not all altcoins are good for holding though. Some are short lived and if you don't exit at the right time, you're money's going to be wasted. For btc, well yeah holding is the wisest thing to do. We don't really know until what price is btc going to end up, but looking at the current happenings, it may still have a long way to go so holding is a lot better and profitable

herurist

sr. member

Activity: 1680

Merit: 259

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

You should hold bitcoin, but patience and emotion control needed. I didn't recommend to trading altcoin but if you want, please hold it like btc ( long time period ). For me, trading is more difficult than investment and most people loss with that option. Besides that, btc price action history and volume always raise up than another coin. Prepare your stop loss before trade/ investment to minimalize your loss. There's risk you must face it with your trading decision. Be patience and have a nice day.

bluefirecorp

legendary

Activity: 882

Merit: 1000

Quote from: Cosbycoin on August 20, 2017, 03:41:18 AM

Quote from: rickadone on August 16, 2017, 01:36:58 PM

Quote from: South Park on August 16, 2017, 01:20:31 PM

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

There is not a definite answer for this, if you are good at trading then trading altcoins is without a doubt a better business but if you suck at trading like most people then it is easier to buy bitcoin and hold it and obtain more profits than what you could have got in trading.

Yes, altcoin trading will be profitable only for the right traders but holding bitcoin will be definite profitable for anyone. Like many people here I am also doing both of these as I allocate some funds for risking with altcoin trading and obviously I am loving to hold my bitcoin saving for long haul. Compared to my altcoin trading, holding bitcoin is more profitable in recent times.

Yes it might profitable in some cases when you cannot effort high price of bitcoin then go for ETH earn from there then invest into bitcoin but somehow it is wrong concept if you want to go for bitcoin then directly buy some bitcoin then your price will become very high so I would like to say that you should need to understand the situation.

Yep, why to go long way when you can directly approach bitcoins. It is far better and comprehensible to directly invest into bitcoins even if the investment is very small. Besides in the current situation, we need to understand that bitcoins should no longer be used for daily trading. Treat them as long term holdings and use altcoins for trading.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Strongkored on August 19, 2017, 10:07:59 AM

Trading altcoin will more profitable when you have skill how to read the chart, read the chart important to know when will for you to sell or hold, but if don't have skill how to read the chart, will profitable to hold Bitcoin and wait for six month or more.

Reading charts it is not the only thing you need in order to make money with alts, you need to be on top of every news that comes that way you are not going to be surprised if suddenly the price starts dumping since you will know that a bad news came out and the market is reacting to it.

conected

hero member

Activity: 1302

Merit: 503

Quote from: SportbetMaster on August 21, 2017, 05:45:22 PM

holding btc at long term can be profitable since its price doesn't cease to go up for the last couple of years, but in trading some altcoin; you will discover other opportunity to gain more, altcoin that go for an X3 or X4 in one month seems to me much more profitable than the bitcoin But the level of risk is much higher because the market can take a different way than hoped.

- Right, trading altcoin and holding bitcoin has different advantages and disadvantages. But if we talk about profitability can get, trading altcoin will bring us more profit because the opportunity to make money in the altcoin market is more, the most important thing is that we have the ability to realize that, and of course high profits will mean high risk. Holding bitcoin help us to be safer, profit is stable over time but not too high, and if anyone has fear of losing money in trading, I think they should choose to hold bitcoin

JL421

hero member

Activity: 812

Merit: 510

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

SportbetMaster

sr. member

Activity: 625

Merit: 254

https://assetsplit.org/

holding btc at long term can be profitable since its price doesn't cease to go up for the last couple of years, but in trading some altcoin; you will discover other opportunity to gain more, altcoin that go for an X3 or X4 in one month seems to me much more profitable than the bitcoin But the level of risk is much higher because the market can take a different way than hoped.

BitcoinExpart

sr. member

Activity: 476

Merit: 250

Quote from: NathanJB on August 18, 2017, 09:31:49 PM

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

In terms of risk, there is way too great risks involved in trading altcoins than when you just hold your bitcoin and let it make profits for you. But there is much more money in trading altcoins with skills compared to just holding. But equip yourself with those skills first.

I think, working with Bitcoin so versatile. You could not expect only profit, making a strong position in Bitcoin trading, holding or whatever should learn to control emotion and set the position strong.

CODE200

sr. member

Activity: 1484

Merit: 323

Quote from: hubballi on August 14, 2017, 04:10:28 PM

Quote from: Bagaji on August 14, 2017, 03:54:51 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 it upto your experience because some are good in trading altcoin and earning nicely and some are very bad in trading. but both are profitable if you are able to control your emotions. Holding bitcoin is always a good investment but in the mean time you can trade in altcoin with that bitcoin and earn some more bitcoins in your investment. but their is always risk of losing also so you should be ready for anything

It is a matter of ones management and experience. I agree that before we could know the possible outcome of a specific investments or trading we should consider first the management and the experience in related to decision making on trading and how they follow specific principle of buying and selling a particular coin in the market. It could be better if they prefer to follow the basic principle of trading which is to buy when it is low and sell when it is high that could give a bigger profit in the future. But if you do not have the skills and the proper education about trading it is not bad to just hold for you to save rather than to loss your bitcoin a part for wrong decisions.

Afnan_faizah

full member

Activity: 798

Merit: 182

Quote from: Bagaji on August 14, 2017, 03:54:51 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's depends on the skill that we have, if we have good skill in trading so just do it, don't miss the opportunity if we not, it's mean we have to learn more about trading.

bucker steemit

full member

Activity: 302

Merit: 120

Actually the same. But if we store bitcoin in the wallet is not in use we will lose passive income. But if you have more money and want to store bitcoin in a long time would be more profitable. Instead of using bitcoin to buy riskier altcoins.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: Cosbycoin on August 20, 2017, 03:41:18 AM

Quote from: rickadone on August 16, 2017, 01:36:58 PM

Quote from: South Park on August 16, 2017, 01:20:31 PM

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

There is not a definite answer for this, if you are good at trading then trading altcoins is without a doubt a better business but if you suck at trading like most people then it is easier to buy bitcoin and hold it and obtain more profits than what you could have got in trading.

Yes, altcoin trading will be profitable only for the right traders but holding bitcoin will be definite profitable for anyone. Like many people here I am also doing both of these as I allocate some funds for risking with altcoin trading and obviously I am loving to hold my bitcoin saving for long haul. Compared to my altcoin trading, holding bitcoin is more profitable in recent times.

Yes it might profitable in some cases when you cannot effort high price of bitcoin then go for ETH earn from there then invest into bitcoin but somehow it is wrong concept if you want to go for bitcoin then directly buy some bitcoin then your price will become very high so I would like to say that you should need to understand the situation.

To increase our bitcoins, we need to follow this method. Means we have to invest some money in altcoins and do altcoins trading. Then only it is possible to increase our bankroll. If you just keep your bitcoins in wallet means the price will increase your value of bitcoins also increase, but your bitcoins will not grow.

Cosbycoin

hero member

Activity: 980

Merit: 506

Quote from: rickadone on August 16, 2017, 01:36:58 PM

Quote from: South Park on August 16, 2017, 01:20:31 PM

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

There is not a definite answer for this, if you are good at trading then trading altcoins is without a doubt a better business but if you suck at trading like most people then it is easier to buy bitcoin and hold it and obtain more profits than what you could have got in trading.

Yes, altcoin trading will be profitable only for the right traders but holding bitcoin will be definite profitable for anyone. Like many people here I am also doing both of these as I allocate some funds for risking with altcoin trading and obviously I am loving to hold my bitcoin saving for long haul. Compared to my altcoin trading, holding bitcoin is more profitable in recent times.

Yes it might profitable in some cases when you cannot effort high price of bitcoin then go for ETH earn from there then invest into bitcoin but somehow it is wrong concept if you want to go for bitcoin then directly buy some bitcoin then your price will become very high so I would like to say that you should need to understand the situation.

ngacengan

full member

Activity: 504

Merit: 100

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

Really holding your assets in the form of bitcoin is a smart choice, altcoin risk may be deleted, so to be safe in put bitcoin only.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: FLoving on August 19, 2017, 06:59:14 AM

Quote from: South Park on August 16, 2017, 01:20:31 PM

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

There is not a definite answer for this, if you are good at trading then trading altcoins is without a doubt a better business but if you suck at trading like most people then it is easier to buy bitcoin and hold it and obtain more profits than what you could have got in trading.

Oh great man, I think you are using both altcoin and bitcoin well in my opinion if you are trading then both are good. Just difference in my sight is that altcoin is something for lower level traders and bitcoin is for experienced as it cost high. And holding bitcoin is better only if you have some other source of earning. And you have much patience in you. In short both are good in trading but only bitcoin is good for holding.

Bitcoin has been compared to gold in the sense that is the only crypto worth holding and I think you are right, holding bitcoin is a good strategy if you keep getting more and more bitcoin every month so this is a good strategy for those that keep their costs of living low and are looking for a place to put their money.

AK47-

sr. member

Activity: 644

Merit: 250

Which one is better depends upon your skills. Altcoin market is quite unpredictable because of decentralisation and is unregulated. Because of this there are lots of scams and shit coins in the market. Added to that there isn't any solid factor that drives the price and most of altcoins are running on speculation. Unless you are good with analysing market, never get into trading. Otherwise you will definitely gonna encounter a loss. Even if you want to try trading stay in top 10 coins which are more reliable.

I would say instead of trading, investing is quite safe a bet. Just by investing in and holding Bitcoin a year, you can easily earn 300-400% profit on your investment. This is quite a decent return that an investment can give.

KnightElite

sr. member

Activity: 924

Merit: 275

Quote from: Bagaji on August 14, 2017, 03:54:51 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 ?

Investing your money to the bitcoins and altcoins are both profitable. You can earn many money by investing it to the two. I prefer to you to divide your funds and invest it in bitcoin and altcoin.

mastadonballs

full member

Activity: 420

Merit: 100

Depends your strategy and your skills. If you are trader from Forex market and have experience about technical analysic, you should choose day trading with Bitcoin/USD because this market stable than altcoin market (day trading). Holding just for people don't have more time working.

Deborah Christine

sr. member

Activity: 864

Merit: 284

I think trading altcoin is more profitable than hold bitcoin.
Because with trading our money can increase many times in a short time.
While for hold bitcoin it is only advantageous if for long term.
And if calculated between trading altcoin or hold bitcoin.
The profit of trading far greater than holding bitcoin.
The important thing here if we trading altcoin is that we have the ability to analyze the price of coins in the market.
When will rise and when it will go down so we can benefit.

arpon11

sr. member

Activity: 882

Merit: 282

Trading altcoins is definitely more profitable compared to buying and holding bitcoin. Bitcoin holding is meant for long-term investors who are not looking for days today fluctuations of assets price but just focused on the appreciation of their investments over time. Altcoins trading on the other hand is meant for quick profits for professionals traders and investors. If you know how to trade altcoins? It is far more benefits than holding bitcoin.

Topic: Trading altcoin and holding bitcoin which one is more profitable? - page 25. (Read 13624 times)