Is it a must to trade bitcoin to earn profit?

[williamjones 57]

There are tons regarding programs you could make an effort to make several revenues exactly like this kind of community forum that offers you a decent amount regarding revenue merely make certain you have got top-quality submit. Although investing could be the many rewarding a single, yet it isn't that simple as it will be for some reason high-risk specifically without virtually any thought regarding it. Thus far better to produce a study initially and also speak to the particular specialist dealer regarding suggest. I do believe dealers constantly select the well-known a single as it offers this massive income due to its value.

[safwan944 54]

Its not obvious to trade bitcoin unless you want to make a good profit easily.There are many coins like bitcoin for example litecoin,ethereum to make trade with to earn money by trading regularly because they are fluctuating coin like bitcoin.

[Habibajahan299333 24]

I think it is most profitable to trade Bitcoin for profit.  Because the market value of Bitcoin and the demand in the world market is very high, through which a lot of profit can be obtained in a very short time by trading.

[khan22 3478]

You can also trade on the other coins also to make profit like on ETH, LTC and also other good coins which movement is fast and i just prefer the BTC and so many peoples will also trade on the BTC becasue its movement is so much fast and it give us good profit in the market than the other coins.

[Danii2312 34]

Most people actually trust those popular coins because its popular and the attention that it managed to get seems pretty high. I can't blame them since I also do that kind of thing whether I only own a few coins of those popular ones. I think the reason why they are only trading to the famous cryptocurrency is because they are anxious if they should trust to invest to other coins and maybe they are also afraid to lose if somewhat the cryptocurrency that they have invested did not work that well like those coins that dropped their values to zero and is not being recognized by the trade exchange platforms to use for trade

[Anamika3891 22]

1st a Newbie never start trading without knowing about trading and 2nd is without trading you can't earn profit... And other thing is there also a lot of coin who can give you profit... In my opinion, ETH also give same profit like ltc and btc... There have a lot of token also...

[Calvinpriva 17296]

@arikjordan @Mosharraf @Danii2312 @Petro4 @Anamika3891 Thank all of you for your valuable comments and i really appreciated. 

 

Of course, there are many coins which we can trade and earn profit apart from those large or popular coins. Yes, we should not blame those members because we did the same thing to trade only those large coins when we were beginners, but instead we have to gibe them knowledge. And as you said, a newbie should never trade without knowledge... that is true as well! We have to learn all the basics of trading so that we can earn profit from trading, otherwise we will be risking our money.

 

Also ETH is a good coin and profitable as @Anamika3891 said. Just find a good pair and trade it in the right time!

[Flying11Horse 45]

Thanks @Calvinpriva for telling us about these three best coins for trading.I have recently bought about 10 Minex coins when it's price was about 0.2$ and know it has reached to about 0.38$ which is good .A member in this forum told me to buy this coin I bought it and I am gaining profit not huge but good.

I will try investing in these three coins which you mentioned  after a week or so and lets see how much profit can I get.Thanks for this information .

[Calvinpriva 17296]

1 hour ago, Flying11Horse said:

Thanks @Calvinpriva for telling us about these three best coins for trading.I have recently bought about 10 Minex coins when it's price was about 0.2$ and know it has reached to about 0.38$ which is good .A member in this forum told me to buy this coin I bought it and I am gaining profit not huge but good.

I will try investing in these three coins which you mentioned  after a week or so and lets see how much profit can I get.Thanks for this information .

You are welcome friend @Flying11Horse i purchased MNX at $0.23 as well because i like coins with affordable price ☺️ and i sold at $0.35 I really earned a good profit because i purchased a lot. There is a good opportunity with small coins which are volatile because you can earn good profit if you are an active trader. 

[bazookash 98]

For trading think that you need to be patient. Not to rush and to panic sell. Explained was good here with nice example when to buy/sell nice to see that they are some experience traders who are willing to share some knowledge.

[Flying11Horse 45]

3 hours ago, Calvinpriva said:

You are welcome friend @Flying11Horse i purchased MNX at $0.23 as well because i like coins with affordable price ☺️ and i sold at $0.35 I really earned a good profit because i purchased a lot. There is a good opportunity with small coins which are volatile because you can earn good profit if you are an active trader. 

I can't find MNX coin in YOBIT ,is it available in yobit or not @Calvinpriva.I also want to buy this coin .I have bought Waves ,Minex and Now I have some Dollars left to buy this coin.

You are right about affordable coins ,If we buy them in numbers 10-20 ,then only a small increase like about 0.1 of Dollars will give us a good profit.

[mahmud93 231]

The answer is actually yes for one that want to earn fast and always but if you just want to earn few and occasionally you can can wait for airdrops to released that is my opinion

[Calvinpriva 17296]

19 minutes ago, Flying11Horse said:

I can't find MNX coin in YOBIT ,is it available in yobit or not @Calvinpriva.I also want to buy this coin .I have bought Waves ,Minex and Now I have some Dollars left to buy this coin.

You are right about affordable coins ,If we buy them in numbers 10-20 ,then only a small increase like about 0.1 of Dollars will give us a good profit.

Sorry @Flying11Horse MNX i meant MINEX, last week it dropped to $0.23/.24 if am not wrong and i bought there, then after a few days in less than a week it pumped to $0.35 and i sold there. Just a small increase as you said, but with 20,100...1000 you'll earn a very good profit.

[Rawad933 159]

I agree, adhering to bitcoin trading only with a small investment amount is unhelpful, but in any case the swing of the market values of currencies returns to the value of bitcoin, this confirms its sovereignty over the market

[Flying11Horse 45]

37 minutes ago, Calvinpriva said:

Sorry @Flying11Horse MNX i meant MINEX, last week it dropped to $0.23/.24 if am not wrong and i bought there, then after a few days in less than a week it pumped to $0.35 and i sold there. Just a small increase as you said, but with 20,100...1000 you'll earn a very good profit.

No problem @Calvinpriva,everyone makes mistakes.

As you said the price of MINEX was 0.2 $ previous week and tyesterday it was about 0.37$ ,I bought it then and today it's price is circulating between 0.378$ and 0.379 $.So it's a good investment.

[notts 164]

There are two types of trading: short and long. Trading known currencies is a short trade and requires large amounts, but trading new currencies can be more profitable, although it requires a long wait.

[yato987 2811]

all the newcomers to crypto think bitcoin and trading are the best currency and earning methods to make profits from it , we can't blame them because bitcoin is the most popular coin incrypto and i think all of us thought the same before we join crypto 

but as you said it is only good to use BTC when trading big amounts of it because other than that your profit will be very small 

i also like XRP and LTC and prefer LTC over BTC when i want to withdraw my profits since its free is low , and as you said using these cheap coin will be more profitable  to small traders like us

[candyguyyy 43]

i  agree when you said  - bitcoin trading is good if you have large amount to trade but with small amount you will earn very small profit! - because that really what i learned from previous experience of trading hope every one able to get decent money and start his or her own trading

[sarahmoses202020 251]

Bitcoin might be the popular but people are missing out a lot on other currencies. There are so many coins that have been moving in a good direction that if they invest into would give them good returns. You don't have to trade only Bitcoin to ern good profits. Bitcoin is just one way. There are numerous options for you

 

[elenavshubke 55]

On 17.09.2020 at 11:22, Calvinpriva said:

Many people (especially crypto beginners) they join crypto world and become traders without knowing many things about trading. A lot of them they think only trading bitcoin will give them profit, so whatever they earn they convert to bitcoin and trade it. Let me tell you one thing, bitcoin trading is good if you have large amount to trade but with small amount you will earn very small profit! And bitcoin is not the only coin that can give you profit in trading.

 

Here are some 3 coins that I recommend, they are cheap and profitable. Anyone can afford them and trade them easily. If it’s okay, our brother @Whited35 can give us more coins. He’s among the best traders am proud of! He told me some things about ETH and about day trading that I didn’t know before, thank you.

 

• 1.XRP (Ripple) - This among the cheapest coins that I know and it’s one of my best coins. With $1 you can buy 4 XRP for the current price,  that means it costs only $0.25 per coin! $0.25 is not the best price to buy/sell XRP because it usually fall to $0.18/.19 which is the best price to buy, and it grows to $0.3 which is the best price to sell. You may wonder because there is only a price difference of $0.1 and I recommend it! Now let’s say you have purchased 1000 XRP at a price of $0.2 which is $200, and you hold them to reach $0.3 then you sell them. 1000XRP x $0.3 = $300 and you purchased them @$200 !!! Only the increase of $0.1 has given you a profit of $100!! And you have trade a cheap coin, imagine how much profit you could earn in bitcoin by trading $200!

 

• LTC (Litcoin) - This is another coin that I trade and recommend. LTC it’s not cheaper like XRP and it’s not high like bitcoin, so you can still afford it. The current price for LTC is $50 according to yobit, also it’s not a good price to buy or sell because at that price it may fall or pump anytime so it’s like playing a dice game. The best price to buy LTC it’s under $45/$43 until $38, and the best price to sell LTC is from $63 to $75 according to my experience. 1 LTC can give you a $20 - $35 profit if you’ll be active to watch the market prices and make a quick buy or sell. Imagine if you've purchased only 5 LTC at a price of $45 which is $225 and you hold them and sell at a price of $65, 5LTC x $65 = $325, that means you will made a profit of $100 by just trading $225 in LTC.

 

• WAVES – Another best coin that can give you a lot of profit with small capital if you are an active trader. The current price for WAVES is $2.6 but i suggest to buy it when it reaches $2.2 or at least $2.4 for a better profit and sell it at $3.2 - $3.6 now let say you have purchased 100 WAVES at a price of $2.4 which is $240 and you hold them until they reach $3.4 and you sell there, 100WAVES x $3.4 = $340, and you will just made $100 profit for trading $240 in WAVES! This coin can reach $4 but don’t wait to double your money because anything can happen, take your profit and find another opportunity.

 

Don’t worry, this coins are volatile and their price depends on bitcoin. Most of the time they’ll increase or decrease same time with bitcoin. Please, add more details by commenting about other cheap coins that you know are profitable. I will be happy to hear about ETH, LINK, EOS, ETC, TRX and other.  

I think that it is not necessary to deal only with bitcoin, I do not understand at all why traders trade only on bitcoin, if someone knows the answer to this question, I will be very grateful for your answers, because everything that concerns cryptocurrency is very important to me. My opinion to your question is that there are many different ways for earning money and you can work, for example, with Eurimum, he is also a very interesting project, it is also worth learning and finding out more about it in order to have information and information will save the world as you know and can earn a large sum.

[jeramirez 43]

excellent explanation of investment with little investment the coins that you recommend casually are the ones that I keep in observation investing or obtaining small profits but constantly

[Khaled1994 67]

Trading is the most appropriate method in my view and the most profitable I recommend

[rodolfolopez 88]

There are many ways to see and analyze in this crypto world, everything is capital risk, you can win, you can lose, the point is to be attentive and hit it at the appropriate time

[Joli7 25]

No, just by having bought at a low price and waiting for its price to rise, you are making money since the capital is increasing, exchanging bitcoin for cash is above all to be able to mobilize and buy other things.

[BaluDigital 84]

It is a very simple subject and it is depending on what you are going to do if you are going to do trade you have to buy low, sell something and have it in one of the stable coins that is handled more than everything in 1 and then you would have to sell it to make a profit now if Well you have holding bitcoin because you would end up selling it when you already have a greater amount of price, I mean after a few years and the price rose considerably, there is if you would have to sell it to take good profits