Topic: Trading altcoin and holding bitcoin which one is more profitable? - page 26. (Read 13624 times)
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.
August 19, 2017, 09:56:25 AM
for long term obviously bitcoin will more profitable rather than altcoin but holding altcoin is not so bad if you able to discover the exact altcoins which is had potential to grow in the future i think it's profitable too but indeed only several altcoins could survive at least 3 years since they're got launch but the percentages to get profit is very small because there is no guarantee altcoins price will always grow every years
Yes, for long term investment bitcoin is the right choice. With altcoins we cannot expect such a growth similar to bitcoin on the long run. Altcoins can be considered as a better way to make an earning, because the affordability in large volume is possible and a small price growth provides an small profit which is tedious with bitcoin due to the increased price that it has reached. August 19, 2017, 09:41:23 AM
for long term obviously bitcoin will more profitable rather than altcoin but holding altcoin is not so bad if you able to discover the exact altcoins which is had potential to grow in the future i think it's profitable too but indeed only several altcoins could survive at least 3 years since they're got launch but the percentages to get profit is very small because there is no guarantee altcoins price will always grow every years
August 19, 2017, 06:59:14 AM
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. August 18, 2017, 09:31:49 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.
August 18, 2017, 08:45:23 PM
It is hard to say which one is more profitable because trading profit is depend on your analyzing skill and how good is your speculation, if you are professional and good trader you can make more profit by trading alt coin, but if you don't have that skilled it is better to just hold Bitcoin, if you don't want to risk your coin then holding Bitcoin is a better option
August 18, 2017, 04:46:39 PM
Keeoing your bitcoins and trading altcoins are both profitable I could say but if youre asking which one could gwnerate more profit then off course it would depend on your skills. There are traders I know whou can double or even triple their principal in one day which keeping btc cant do. Yet trading would need knowledge and understanding of how altcoins are moving in the market and if you dont have enough ability on deciding which altcoin to buy and hold for certain period of time you may just lose money so better keep your btc.
August 18, 2017, 04:18:03 PM
Only in altcoins we will be able to see prices going up 100x in a few months. But it's very rare, and most of these coins will fail miserably. I'd rather have smaller gains on safer ground, which is Bitcoin, which by the way has been one of the most profitable assets in recent years.
August 18, 2017, 04:12:15 PM
Both options are profitable, given that you know how to go about them. Holding Bitcoin definitely proves profitable in the long term, if you have an idea of where the price will go. Trading altcoins is risky and you have to choose well not to stumble upon a shitcoin.
Trading altcoins is particularly riskier than trading Bitcoin, because the small capitalization of altcoins create leeway for whales or anyone with a chunk of them to manipulate their prices with ease, also it is increasing difficult to predict the direction and price of altcoins. August 18, 2017, 02:14:03 AM
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August 18, 2017, 01:31:53 AM
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 ?
they are both profitable. if you have a enough bitcoin, you can try both of this options. you can split your bitcoin into two particular way. the half of your bitcoin is in your wallet holding it until it pump to the moon,and the other half is in altcoin to earn not much bitcoin but its better to have than to have none. you can both earn more profit from them. but its a quite risky in a way of trading but somehow your luck shows in it.
August 17, 2017, 11:45:50 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 ?
I choose to hold bitcoin than trading altcoin. What I see is not about like or not and fee, but more about history price action and volume. Bitcoin price giving me high profit than trading altcoin, and altcoin give me loss with xrp. Not a good experience when loss but I learn hold is more profitable than trading. The risk, I don't care about it, we all know but people have different strategy to face it. Believe your skill and patience is the key. Good luck.
August 17, 2017, 10:50:59 PM
Well I may say that I made a bad move when I chose trading over holding BTC. Trading is really volatile and I am having a huge loss now. Trying to recover somehow and I'll move back my funds to BTC. For those who have huge funds, they do BTC save + day time trading. In that way they can play alts wisely. I hope alts can recover anytime soon, I am just waiting just to have a break even. To be honest, I am just new with trading and I learned a lot from that short period of time. Trading alts is not safe, no assurance at all.
August 17, 2017, 09:35:49 PM
I am holding my Bitcoins from last 2 years and you must have an idea of how much profit I am sitting on i.e. approximately 20X today. A long term investment in Bitcoin can earn you unimaginable returns.
Now let's come to trading. I was into trading a lot before. But recently I encounter a huge loss and now I do limited trading. Cryptocurrency market being decentralised is quite unpredictable. It is nothing like stock or forex market. Strategies aren't that effective in cryptocurrency market.
But now I am investing in ICOs extensively. You can easily understand the potential of an ICO through company's project. They are the best way to earn profit in less time. I recently invested in a project that earned me 10X profit just in a month. Try to start with small amounts and loss wouldn't be that major. And soon you will be able to tell which ICO has the potential.
Now let's come to trading. I was into trading a lot before. But recently I encounter a huge loss and now I do limited trading. Cryptocurrency market being decentralised is quite unpredictable. It is nothing like stock or forex market. Strategies aren't that effective in cryptocurrency market.
But now I am investing in ICOs extensively. You can easily understand the potential of an ICO through company's project. They are the best way to earn profit in less time. I recently invested in a project that earned me 10X profit just in a month. Try to start with small amounts and loss wouldn't be that major. And soon you will be able to tell which ICO has the potential.
August 17, 2017, 06:26:49 PM
Sometimes I wonder why wasting my time with trading altcoins. You just need to hold your bitcoins and to wait as the value increases daily. While trading altcoins you need to watch, follow, wait, taking risk and sometimes for nothing, you end with less Bitcoin lol.
August 17, 2017, 05:44:42 PM
both sound good to me but the important thing for me is holding and i hold more of the altcoin and trade more with bitcoin....but mostly what what the instance tell u
August 17, 2017, 03:51:44 PM
I do not really know what to say about that. It is true that I have lost BTC by trading with altcoins, but earned more I think than lost I think.
One thing is true however: if I had just bought BTC and HODL, now I could sell a portion of them, recover the fiat, and still have a lot of BTC.
I’m not trying to sound harsh but you probably lost more than what you won, true successful traders have very detailed records of all their trades and they know exactly how much money they won and lost in each trade, if you do not know then the most likely explanation is that you lost money. One thing is true however: if I had just bought BTC and HODL, now I could sell a portion of them, recover the fiat, and still have a lot of BTC.
August 17, 2017, 08:09:04 AM
Trading altcoins and hold bitcoins they are same profitable, trading altcoins to get active income from fluctuating the price
that is short term investing, use scalping strategy due to the price of altcoins are bearish trend and hold bitcoins from the profit trading altcoins, it is good for long time investing, we know price of bitcoins is bullish trend long time, it will be hit around $5000/bitcoins or maybe more than it.
that is short term investing, use scalping strategy due to the price of altcoins are bearish trend and hold bitcoins from the profit trading altcoins, it is good for long time investing, we know price of bitcoins is bullish trend long time, it will be hit around $5000/bitcoins or maybe more than it.
The two are not the same thing though because with trading, you are taking considerable amount of risk which is not the same for holding which is purely hope. For someone who don't want to take any risk, or does not have the skills of trading, then he can just hold and hope and also not be jealous of someone who is trading because with the right information, he is definitely going to make more profit than him.
August 17, 2017, 07:41:27 AM
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 altcoins and hold bitcoins they are same profitable, trading altcoins to get active income from fluctuating the price that is short term investing, use scalping strategy due to the price of altcoins are bearish trend and hold bitcoins from the profit trading altcoins, it is good for long time investing, we know price of bitcoins is bullish trend long time, it will be hit around $5000/bitcoins or maybe more than it.
August 17, 2017, 07:32:09 AM
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 ?
That is one of the things we can do. Because if there is an increase in the future then we can benefit. Holding bitcoin and altcoin must go through an analysis to determine whether the cryptocurrencies have prospects or not. So please note which coin we want to invest. Do not get the wrong choice because every decision we take will determine our profit or loss. Jump to: