The introduction of new altcoins to the Binance chain is quite interesting, now you can trade several altcoins which actually yield better results than holding or trading BTC, ETH, BCH, LTC, XMR, and ZEC. Find out why trading these altcoins are profitable.
The fluctuation in the price of BTC might be a disadvantage for holders but an advantage for traders who know what they are doing. Traders buy the cryptos low and sell high. This is how you can make daily returns from trading.
Patience is very important in this game. Every altcoin has an opening price. The chances that a new altcoin retains the initial price when introduced into the market are very slim. Here is the key, you must wait to see the lowest possible price. This is when you place your bid. Buy and wait to sell off at your own will.
My experience with altcoins has shown me that they fluctuate in price even more than bitcoin and most traders take advantage of the daily fluctuations to rack up huge cash.
