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Is it possible to earn a living from Altcoins?

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Author Topic: Earn a living from altcoins ONLY  (Read 1024 times)

llyfee4u

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Earn a living from altcoins ONLY
« on: December 19, 2017, 02:01:50 PM »
I'm getting more and more involved in altcoins, now i have about 6 different ones which i hope to hold for a long time. 

I'm wondering whether you guys think or how you can achieve earning a decent living by investing, trading or hodling altcoins.  I have all my hopes and trust invested in altcoin simply because i can't really buy into Bitcoin due to the price now. 

Any tips, guidance and advice is welcome, thanks in advance.

shibob

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Re: Earn a living from altcoins ONLY
« Reply #1 on: December 19, 2017, 05:45:57 PM »
Holding altcoins and assume it as the only income is quite risk I think. For me, mining+trading crytocurrency is just as my part-time job. Actually, we could not know what's happen with cryptocurrency tomorrow.

calis1

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Re: Earn a living from altcoins ONLY
« Reply #2 on: December 19, 2017, 08:22:56 PM »
If you hold you will have a capital gain if price increases. If you sell some for income you will have less coins. If you trade and profit you will have income. You can sell the amount of coins gained and still keep your seed coins.

secco

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  • Re: Earn a living from altcoins ONLY
    « Reply #3 on: December 19, 2017, 08:34:42 PM »
    Altcoins can perform much better than bitcoin but are way more risky.

    So, when the altcoins you hold reach a reasonable value, consider exchanging some of them in more safe crypto. Bitcoin, Ethereum, and other "blue chips".

    My two cents.

    Hacker, Pirate, Milf Hunter, Owner of Bitcoin Garden

    shibob

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    Re: Earn a living from altcoins ONLY
    « Reply #4 on: December 20, 2017, 07:33:04 AM »
    It looks like altcoins rise again recently. BTC is outperform than most of altcoins for a while already.

    farelka9

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    Re: Earn a living from altcoins ONLY
    « Reply #5 on: December 21, 2017, 02:35:14 AM »
    Holding altcoins and assume it as the only income is quite risk I think. For me, mining+trading crytocurrency is just as my part-time job. Actually, we could not know what's happen with cryptocurrency tomorrow.

    agree, best way is diversity source of "incomes" in crypto world.

    " mining+trading ..."  I would also add  to this list staking (which is kind of mining with no electricity costs) and airdrops. For BTC holders it is worth to consider clam all this forked version of Bitcoin.  There is lots of things to do in crypto for bounty...
    http://bitcoin.1free.eu/ - website for fun, will evolve in future

    BitcoinGames

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  • Re: Earn a living from altcoins ONLY
    « Reply #6 on: December 22, 2017, 09:41:58 AM »
    Alt Coins are great. Just make sure you do research into them before you buy in!
    Medecine moderne viagrasansordonnancefr.com le cours du medicament

    shibob

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    Re: Earn a living from altcoins ONLY
    « Reply #7 on: January 03, 2018, 12:53:03 PM »
    Most of altcoins are rising. Somebody said it repeats the last April-June period. Hopefully I could make some profit.

    BlockTechnology

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    Re: Earn a living from altcoins ONLY
    « Reply #8 on: January 03, 2018, 02:05:00 PM »
    Indeed, we could not know what's happen with cryptocurrency tomorrow, but for 2018 there are many promising altcoyins that will make a big growth. Yes, you can make good money on them 8)

    MargaretOlD

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    Re: Earn a living from altcoins ONLY
    « Reply #9 on: January 23, 2018, 03:18:52 PM »
    Yes, the number of altcoys increases, it's just cryptomania.

    Dejech224

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    Re: Earn a living from altcoins ONLY
    « Reply #10 on: January 27, 2018, 12:27:32 PM »
    Indeed, we could not know what's happen with cryptocurrency tomorrow, but for 2018 there are many promising altcoyins that will make a big growth. Yes, you can make good money on them 8)
    You're right, as of this very moment there are many altcoins that it seems a great potential in the future which makes everyone of us inspired to be part of those altcoins. Though, there are some altcoins that can't be successful but most of them will survived and can have a good value.

    BlockTechnology

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    Re: Earn a living from altcoins ONLY
    « Reply #11 on: January 27, 2018, 12:48:12 PM »
    Indeed, we could not know what's happen with cryptocurrency tomorrow, but for 2018 there are many promising altcoyins that will make a big growth. Yes, you can make good money on them 8)
    You're right, as of this very moment there are many altcoins that it seems a great potential in the future which makes everyone of us inspired to be part of those altcoins. Though, there are some altcoins that can't be successful but most of them will survived and can have a good value.
    It's enough just to look at the numbers:
    in 2017 bitcoin increased by 1400%, etherium at 8750%, ripple by 33500%

    DuecoinOfficial

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    Re: Earn a living from altcoins ONLY
    « Reply #12 on: January 27, 2018, 07:17:33 PM »
    Yeah, it is POSSIBLE to make earning from altcoins, but got to pick right choice. Duecoin is the option that we can’t AFFORD to miss out. It is soon to get near the exchange, so this is the opportunity that is just can’t afford to miss out on.

     

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