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Topic: Can we Trade Future for LongTerm ? - page 3. (Read 434 times)

legendary
Activity: 2310
Merit: 4069
Farewell o_e_l_e_o
January 31, 2021, 10:58:21 AM
#11
With margin or future tradings, you should never let your positions open for too long. You will be kill when the market flips its movements.

With different leverage for your position, you must decide which period you will let it opens. You must have a plan to close position within that period: Win or draw or even a loss. Close it and wait for other entry.

Sometimes, you have to accept a draw or a loss to avoid massacre. The market always gives you other good entries.
legendary
Activity: 2464
Merit: 1145
FOCUS
January 31, 2021, 10:36:03 AM
#10
I am new in cryptocurrency Trading. I want to know, Can i trade Future Trading for long term or short term...🙄

It's very possible to long term on futures especially if you have a large margin so you won't be liquidated if you are on a cross trading. But I prefer short term trading on futures because I am always using isolated on trading in futures because of the small margin I have. A small margin can be liquidated on a cross trading easily. Well, I always believe that we should find our own way on how we trade, We do have different situations in life and the compatibility of trade style depends on us.
full member
Activity: 574
Merit: 101
January 31, 2021, 09:42:28 AM
#9
Margin trading or futures trading is riskier than spot trading. In margin trading, if you have higher leverage without knowing what it is there is an instance you will liquidate immediately most saddest part is you set it into the Cross margin.

We have two options in trading.

Cross trading which you set an amount but to avoid liquidation it reduces your current balance in your futures wallet.

Isolated trading if you put the specific amount that's all will gone if get liquidate no more or less than that.
full member
Activity: 2128
Merit: 180
January 31, 2021, 09:39:11 AM
#8
I am new in cryptocurrency Trading. I want to know, Can i trade Future Trading for long term or short term...🙄

Yes of course it will depend on your strategy but you have to remember the risk of future trading, it can lose all your capital easily if you don’t pay attention on that. Also, you’re just new in crypto trading its better to have knowledge first about trading, the risk of this trades so you wont get disappointed that much if you lose you money.
copper member
Activity: 700
Merit: 120
Gamdom
January 31, 2021, 09:26:09 AM
#7
Why not?
Of course, long term trading can be accomplished in the future. But the question is whether the long term trade of the future will be profitable or unprofitable. After experimenting with that issue, I reckon it is satisfactorily to trade short than to trade long for the future. Earnings from short trades will retain appearing and you can reverse the type of trade at any duration if you prefer. But in a long business, you have to pause for a restricted time. Which is quite a dilemma.
member
Activity: 87
Merit: 19
January 30, 2021, 06:50:42 PM
#6
More and more you see derivative (futures) contract called perpetuals.
Meaning there is no expiration date so, in practice, you can trade them long term.

However a common practice is to trade these contracts on a daily or weekly basis because of the Interest you pay by holding them.

It is better to carefully learn and understand how the contracts work as they differ from an exchange to another and can quickly turn out complicated.

BitMex is giving some documentation about their own perpetuals:
https://www.bitmex.com/app/perpetualContractsGuide
copper member
Activity: 2030
Merit: 1788
฿itcoin for all, All for ฿itcoin.
January 30, 2021, 06:30:17 PM
#5
If you mean by holding a futures position long term then is not suitable and profitable at times, reasons being;

1. Certain Futures contract expire after certain dates
2. The funding rates/ interest rates could easily eat up the profits you could have made
3. Crypto market is very volatile and always up and down. Why would you hold a position from let say when Bitcoin is worth $4K to $10K then back to $4k. This means no work done, yet you have lost some money in trading  fees and funding rates plus even a possibility of getting liquidated.

Basically, Futures trading is better is you are a day trader.



>>>snip<<<

>>>snip<<<

Did you guys even understand what OP asked, or you just replied for the sake? OP is asking about trading Futures  Grin

sr. member
Activity: 2310
Merit: 332
January 30, 2021, 05:20:25 PM
#4
bitcoin and Ethereum for sure, but for altcoins please do an investigation according to your ability. I suggest the top 10.

As usual anything that has to do with longtime and future, bitcoin and etheruem or top valuable coins found in cmc with good value are the best. Volume always indicate the rate if exchange which shows interest in investors. High profile coins are best you need for it.
member
Activity: 1078
Merit: 15
January 30, 2021, 03:15:31 PM
#3
the answer is CAN, you can choose any option. short-term and long-term, while you can put your finances as best you can in cryptocurrencies that have great potential in the future. Always use reliable information and see which crypto-related analytical research is good for the long term. bitcoin and Ethereum for sure, but for altcoins please do an investigation according to your ability. I suggest the top 10.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
January 30, 2021, 02:39:19 PM
#2
I am new in cryptocurrency Trading. I want to know, Can i trade Future Trading for long term or short term...


It's better short term (less than a month normally).

Other options like binance margin (where you pay 8% interest a year on money lent) will be a lot cheaper than using futures.
newbie
Activity: 518
Merit: 0
January 30, 2021, 02:25:28 PM
#1
I am new in cryptocurrency Trading. I want to know, Can i trade Future Trading for long term or short term...🙄
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