Trading altcoin and holding bitcoin which one is more profitable? - page 6.

rodskee

full member

Activity: 2408

Merit: 202

★Bitvest.io★ Play Plinko or Invest!

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 ?

correct holding of bitcoin long term are very profitable specially if the price continue to increase, altcoins trading for me also one of source income for my daily job beside being a participant in the signature campaign, buy and sell strategy are giving to me a good profits for the my day trading using botcoin as my capital investment to buy altcoin is also my way to increase my bitcoin profits.

both are profitable

Jackblack90909

sr. member

Activity: 552

Merit: 250

I think both are profitable, and if you can doing both of this methods your potential profit would be great. Bitcoin is the first and the most successful crypto currency, and its price is predicted to increase highly with time. In the other side, there are many promising altcoins which have good value and price, like Ethereum and Ripple.

Luxrid

newbie

Activity: 31

Merit: 0

Cheap altcoins can give you a huge return if you nail it. That is a more profitable option.
But Bitcoin is a safer option.

NavI_027

full member

Activity: 1232

Merit: 186

For me it depends on the amount of crypto you have. If you have a bunch of altcoins ready for trading then it is more profitable than holding few decimals of bitcoin. On the other hand, holding large amount of btc is better than having few altcoins.

I agree to you that hodling is less risky but my friend said that losses can be avoided in trading as long as you are careful and knowledgeable about it. Furthermore, you can also earn faster through it that's why I'm now starting to study alts and and join bounty campaigns soon.

But actually, btc and alts are both profitable. It's up to which one of the two you are more comfortable and well familiar to use

cryptokitty

full member

Activity: 420

Merit: 100

Global Blockchain Solution For Transportation

I think trading altcoin during the peak period is more profitable specially when you buy those altcoins at the very low price. Bitcoin is very expensive, so when the price will increase, you will earn also but not the same with the earnings from alts.

cryptobaro

full member

Activity: 1120

Merit: 200

Turkish Translator

For sure these days, or months holding is profitable. If you are impatience, you will have to lose.

kuah bakso

newbie

Activity: 184

Merit: 0

I can not leave one of them because I think it's the same result but this semntara I get a lot of results from doing traing altcoin, in altcoin I am free to rotate my capital for profit and I like it

lisa_john

newbie

Activity: 119

Merit: 0

Bitcoin is likely the most stable coin in the near future. That means you can use it to limit your risk when investing to cryptocurrencies, for example putting half to BTC and the other half to a variety of altcoins. With altcoins you will have a bigger risk along with a potential for a bigger reward.

Duncan Martinez

newbie

Activity: 38

Merit: 0

It depends on the Altcoins you're willing to buy. Bitcoin isn't going to be rising forever but there's no reason to go out and buy every doubious altcoin there is. I obviously recommend DeepOnion of you're willing to buy an altcoin

Azaria Rodriguez

newbie

Activity: 101

Merit: 0

One thing I noticed in my short time trading cryptos is that the BTC/ETH/LTC triad adds a bit of a stabilizing factor to my portfolio. I have a theory that it might be because a majority of people new to cryptos due to recent exposure are only really aware of those three at first, so money is switched between them during volatility. Overall, it seems to moderate losses and gains, because e.g. when one goes up, the other dips slightly, and money is swapped between the two. Perhaps a bit of a conservation of energy thing going on-- money is neither made nor lost, it merely changes cryptocurrency. I don’t know if this theory will pan out over the long haul, but other than the odd introduction of the chaos factor (like the BCH kerfuffle), it seems to be holding true.

Rudolph White

newbie

Activity: 98

Merit: 0

I see BTC as a “safe bet” and the rest as opporturnities to have better returns than BTC. I seriously believe BTC will end up being the gold of the digital age. Maybe not in its current form, but Rome wasn’t built in a day.

Galahad111

full member

Activity: 340

Merit: 122

Quote from: marqonah on March 10, 2018, 05:44:17 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 ?

in my opinion holding bitcoin will be more profitable and possibly risk free, because by holding we will know better when to sell it. by holding back we can monitor the price for high first, but it takes quite a long time, therefore it is not easy to hold bitcoin. and it takes extra patience. Behind your patience in holding bitcoin, chances are you will get a pretty big profit. compared to when to choose to sell altcoin the risk is likely to be higher if you are not careful.

Bitcoin price increase and hope next its big pump.So hold your bitcoin and you will be sure profitable.But altcoin is hard to predict this.I was bought many coins deposit my bitcoin but all loses so i deside i am never invest on trade. I think trade need luck and hard working people.Now i am only hold bitcoin for long time. I am also love bitcoin because its not disapointed me.

zhuiyongliang8

newbie

Activity: 210

Merit: 0

If you purchased the currency at a price, and then sold at the higher price you purchase price, minus you pay any commission of trading, you can earn the difference between the two prices. But if prices fall, then you will have to sell, in the form of loss or choose to hold COINS, waiting for the price picks up after the sale, but if prices continue to fall, then you will face a higher risk of loss. I think trading is very difficult.

I usually spend a lot of time studying the direction of prices and decide to buy and hold bitcoins for a long time.

Nylelyn

member

Activity: 296

Merit: 13

It can be true that holding bitcoin is a little bit safer because you safe keep it and then sell it when it hit your desired price giving you big profit in return, but this can be a long term investment. Whereas, it is good to know that with the right strategy and proper timing trading can also give you profit instantly especially when the market is actively moving. But be sure to have knowledge, time and know how of the appropriate trading procedures and have carefully studied which coins you can trust to start trading. Both trading and holding bitcoin are profitable to do.

ewonardo

sr. member

Activity: 616

Merit: 250

Quote from: Saidmod on March 10, 2018, 07:33:28 PM

Quote from: coynedterm on March 10, 2018, 07:23:34 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 ?

Both of these ways are more better and perfect for the profit but in both of these we need a type of patience ,if we will have patience then surely we can make big earnings and also we should have technical and logical mind to Handle for more profit .
If we will hold bitcoin then surely that is risk free but for this to increase value we will needed for the 5-6 month or even 1 year + but if we will do trading ( with intelligent mind ) then not only we will increase the amount of the bitcoin that we have but also the Value for that coin will increase like holding .
So more profit in trading with bitcoin but our luck should work in both ways .
Here in this field every way is profitable but we need to manage them with more and more perfection and also we should have small better luck .

Holding bitcoins is not risk free it is the only way to have more good chance to earn if you are not an investor or a holder of any altcoins. The money is on trading activity but the luck is not so much better not like gambling that luck is very needed. if you want to earn on trading, you need to have a good long term plan for patience and a good insights of future by using the technologies in the cryptocurrency.

For me trading Altcoin is more profitable if we are know what and when to trade for the said coin. Though it's quite risky but enough knowledge and research is a great advantage. And I think holding Bitcoin is a safest way for us to earn some money, we just hold and wait for the value to increased. I like this style for long term.

Saidmod

sr. member

Activity: 659

Merit: 250

Quote from: coynedterm on March 10, 2018, 07:23:34 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 ?

Both of these ways are more better and perfect for the profit but in both of these we need a type of patience ,if we will have patience then surely we can make big earnings and also we should have technical and logical mind to Handle for more profit .
If we will hold bitcoin then surely that is risk free but for this to increase value we will needed for the 5-6 month or even 1 year + but if we will do trading ( with intelligent mind ) then not only we will increase the amount of the bitcoin that we have but also the Value for that coin will increase like holding .
So more profit in trading with bitcoin but our luck should work in both ways .
Here in this field every way is profitable but we need to manage them with more and more perfection and also we should have small better luck .

Holding bitcoins is not risk free it is the only way to have more good chance to earn if you are not an investor or a holder of any altcoins. The money is on trading activity but the luck is not so much better not like gambling that luck is very needed. if you want to earn on trading, you need to have a good long term plan for patience and a good insights of future by using the technologies in the cryptocurrency.

coynedterm

hero member

Activity: 882

Merit: 500

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 ?

Both of these ways are more better and perfect for the profit but in both of these we need a type of patience ,if we will have patience then surely we can make big earnings and also we should have technical and logical mind to Handle for more profit .
If we will hold bitcoin then surely that is risk free but for this to increase value we will needed for the 5-6 month or even 1 year + but if we will do trading ( with intelligent mind ) then not only we will increase the amount of the bitcoin that we have but also the Value for that coin will increase like holding .
So more profit in trading with bitcoin but our luck should work in both ways .
Here in this field every way is profitable but we need to manage them with more and more perfection and also we should have small better luck .

Moiyah

member

Activity: 630

Merit: 20

If you have bitcoin and still grasping or hodling it. Then it is way and far better than trading altcoins. But take note the disadvantage of this hodling bitcoin. In which when you are expecting to gain profits, then expect also that it is more potentially to lose, too.

However if you chose trading altcoins, I prefer you do some reviews about the techniques to make sure you gain high profits. Set aside the emotions in trading since it is also risky.

tornikejr

member

Activity: 228

Merit: 10

Both are profitable, however trading is riskier and requires experience, also you must control emotions very well.
Holding Bitcoin is a good option if you don't have experience in trading, but you need patience and of course you must not panic sell your BTC when there is a dip.

marqonah

newbie

Activity: 136

Merit: 0

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 ?

in my opinion holding bitcoin will be more profitable and possibly risk free, because by holding we will know better when to sell it. by holding back we can monitor the price for high first, but it takes quite a long time, therefore it is not easy to hold bitcoin. and it takes extra patience. Behind your patience in holding bitcoin, chances are you will get a pretty big profit. compared to when to choose to sell altcoin the risk is likely to be higher if you are not careful.

Topic: Trading altcoin and holding bitcoin which one is more profitable? - page 6. (Read 13578 times)