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Topic: How long do you hold on a trade. - page 10. (Read 3123 times)

hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
December 08, 2019, 11:36:35 AM


Pick a price that is possibly going to be chosen before its price will be considered overbought so that when it goes down you still can buy again the BTC you sold when it dips again. Picking a daily chart isn't a the best option if you are not that patient. Pick the hourly time frame because this fits for the trader with very little patience all of you and them are going to there.
sr. member
Activity: 980
Merit: 255
HALA MADRID
December 06, 2019, 11:47:25 PM
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

It's very long process if you are a newbie and if you do a short cut chances to lose is huge so better understand the situation,fundamentals and other things in tradings there are youtube videos,blogs and etc to help you out and learn from it. But in my case I'm actually not into long term holding since I actually suffer from huge loss when markets falls down that's why my current strategy right now is spot the lowest and sell for certain percentage to earn daily.

Don't aim for x2 or more since it's impossible for now and always get the profit whenever you are on winning trade.

I agree your trading strategy by buying at the lowest price and selling when the price rises by 5%. So in such a way we are very safe in crypto trading. But if my Bitcoin is holding for a long term investment.
hero member
Activity: 1498
Merit: 586
December 08, 2019, 10:28:27 AM
There's no way to recover your loses if you quit in the middle of the game, trading is not an easy task there's a lots of factors to consider if you know how place your entry and you do believe that you are comfortable with your pick. Holding for quite some time will give you a good call for your investment. Trust your instincts and keep yourself positive.
Continue to trade, we dont have a choice but to trade and accept the fact that we are not gaining profits always we should be open minded in everything, losing money is to painful but not learning from it , and making a good trade for the next try will the only way that you could forget what you have lose.
sr. member
Activity: 1236
Merit: 252
December 08, 2019, 01:06:15 AM
in trading what is needed is patience, especially with the current market conditions which may be difficult to be able to get a profit, and many may hold for a long time to wait for the right moment to sell
We must have patience and we should have the ability to keep waiting for the market to be decided by us. It’s good to fix your goal for investing for long term trading and till then it's not a wise thing to trade until you get your target. We should trade for the long term it’s good for us. I think people should have patience as it’s the most important thing for trade.
Patience is not the only we could make money in crypto but instead, we need to become smart and wise in all the activities we have. For patients won't simply work so easy, just like what I did last year and I keep holding some of my altcoins but I've got now, it is nothing...the price went down badly and too far from the day that I bought it. It gives me learning and that holding aren't profitable but it also a reason for us to lose.
Patient + fundamental knowledge about trading is quite helpful and profitable though it's not enough to deal with the market's volatility at all times. You are right just being patient won't take you long of your destination here in trading, proper knowledge and being adept does. Bitcoin isn't that volatile as of the moment, I suggest to look for other altcoin that you can maximize the potential.
And for now, I only just hold for a week otherwise, I need to sacrifice and diversify my investment. Its something we need to track every market change and take advantage of every fluctuation that may happen rather than wait for a huge increase cause it seems to be unpredictable.
I also diversify my investment in crypto to possibly gain in many ways but Imma tell you it is also risky although diversification enables you to gain from any direction it is just an average returns on investment.
Yeah, there are so many ways to get earning from trading by long term trading and holding. It’s hard to diversify when you are aware of market moments. I personally make analyzation and hold my trading coin until I feel it’s safe to keep holding and selling will make me suffer loose. I try to trade for a year or two but for this, looking at market conditions is important though.
sr. member
Activity: 1078
Merit: 256
December 07, 2019, 10:42:29 AM
Honestly there is no safe trading. Many of traders and investors are now quitting because of big loss. From the start we all know the risk so if we quit there is no way to win back what you loss. It is the matter of patience,hardwork and dreams so if you are not totally motivated and impatience you are not belong in trading.
There's no way to recover your loses if you quit in the middle of the game, trading is not an easy task there's a lots of factors to consider if you know how place your entry and you do believe that you are comfortable with your pick. Holding for quite some time will give you a good call for your investment. Trust your instincts and keep yourself positive.
sr. member
Activity: 1274
Merit: 264
December 07, 2019, 10:39:29 AM
Obviously as long as you are gaining profit then you can still hold but because of the market crisis and not profitable to hold then you can just do swing trade which is really much profitable.

And holding for so long is not profitable because there are times that you can sell then buyback when the price is in dip and practical trading.
member
Activity: 476
Merit: 12
December 07, 2019, 10:33:54 AM
Honestly there is no safe trading. Many of traders and investors are now quitting because of big loss. From the start we all know the risk so if we quit there is no way to win back what you loss. It is the matter of patience,hardwork and dreams so if you are not totally motivated and impatience you are not belong in trading.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
December 07, 2019, 05:34:27 AM
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
to find daily profit from trading if relying on small profits is very difficult, but if you use a larger capital it might be easier for you to get a profit even if it is a little, depending on your capital, if asked how long it lasts when I am stuck buying Altcoin which is getting more and more days getting down, I usually only give it 2 weeks and of course use the trading techniques that I usually use to avoid big losses
Capital would be a big factor to measure our profit but of course, we need to be strategic enough in order to achieve what we aim for.
I'd never put my coin in trade when the market is down definitely, it wasn't the best time to do in trading instead of buying more. For the time that I've been stuck, it probably lasts for 1 month and decides to sell or not.
if I were you 1 month in my opinion is very long, but back to yourself every decision you take of course you have thought carefully, I only use the MACD indicator 1W so only play in a few weeks, if not profitable I will usually go from trading especially when the market is trending down, so I avoid it
hero member
Activity: 1386
Merit: 504
December 07, 2019, 01:12:27 AM
I have average of 3 holding days, I'm a day trader and if my coin did not achieve my target selling price in 3 trading days then I will sell it or if the price surapss my cut loss price. I do not wat to keep it another time because I know that there are still coins around the market that can give me profit. I'm a typr of trader where holding for a long time is not suitable for me.
My day trader opinion was been change. As far as i know a day trader uses to closed his trade within 24 hrs. because i am a swing trader and my trade goes as long as tge opportunity is still in favor for my trade. I think the longest for my swing takes a month before but i have no problem with that.
sr. member
Activity: 1036
Merit: 281
December 07, 2019, 12:00:13 AM
I have average of 3 holding days, I'm a day trader and if my coin did not achieve my target selling price in 3 trading days then I will sell it or if the price surapss my cut loss price. I do not wat to keep it another time because I know that there are still coins around the market that can give me profit. I'm a typr of trader where holding for a long time is not suitable for me.
hero member
Activity: 2590
Merit: 644
December 06, 2019, 12:51:20 PM
It really depends on situation, as a trader I like to hold on to trades that I feel will benefit for me in long run but I will pull out if I am uncertain. I currently work with FreshForex, and with them I do long term trades since there is no exact restrictions not to do.

Exactly, traders hold depending on the situation and what are their views regarding holding of coins, some may hold for days, weeks, months and some even hold for years because some trader are more on the maximizing their long term income rather that short term. In my case, i’ve been holding my coin for months now and i’m still holding it until I see the best time to sell it.
^ In that case, it will depend upon you. If you are short term trading most probably you will hold within the day or days. But if you are long term trading usually that is months or years if the market price did not go to pump. I personally prefer long term trading because it is hassle-free from spending too much time while monitoring the market price. For me, as long as my profit was there, that would be fine. Or I won't hold when bitcoin will down too much and diverting into stable coin is the best move.
sr. member
Activity: 322
Merit: 251
December 05, 2019, 02:16:44 PM
The longest time I hodl is about 1-2 days..After waiting 1-2 days I just sell no matter it has profit or not. I am a little impatience. I am a day-trader so I am trying to catch %1 or %2 and go with high amount of money, it is my strategy for the last 2 years.
From your experience so far in last two years what do you have to say in terms of your take home from day trading if you are advise someone who may like to follow your foot steps in crypto currency trading.
If you also plan to be a day trader like him then you must have to be fearless and risk taker like him. Though he does it out because he considers himself to be an impatient person but that demands guts. In the worked of trading, one must have perseverance and trust in his abilities. Start from choosing a potential coin like bitcoin and understand its behavior. Practice your learning on demo account.
full member
Activity: 1316
Merit: 126
December 06, 2019, 11:56:47 AM
It really depends on situation, as a trader I like to hold on to trades that I feel will benefit for me in long run but I will pull out if I am uncertain. I currently work with FreshForex, and with them I do long term trades since there is no exact restrictions not to do.

Exactly, traders hold depending on the situation and what are their views regarding holding of coins, some may hold for days, weeks, months and some even hold for years because some trader are more on the maximizing their long term income rather that short term. In my case, i’ve been holding my coin for months now and i’m still holding it until I see the best time to sell it.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
December 06, 2019, 11:06:40 AM
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
The most safe way to trade your all coins is that you have to take belive on your knowledge and estimated ideas over the market of the coins .
Because in the preset time labh numbers of people are active who spread fake news many times and create panic in the mind of the newbies and that panic sell results into profit for those people .
So just see what is going on and don't do action that what other says .
And the most better thing is that never sell a penny of bitcoin/coin at loss , wait for perfect time to sell and wait for perfect time to Buy , don't get hurry or don't do any work blindly , always use your mind .
full member
Activity: 1638
Merit: 122
December 06, 2019, 11:00:55 AM
Long-term business is good. I hold on to the business for a long time because if you invest somewhere in the business, we buy it at a lower price and then sell it for more. But now the condition of the market is so bad that I think it is better to do business in the short term, rather than keeping it for a long time but it will generate some profit.

if i were you i better hodl that investment of yours and sell when the market is ready so that you will earn better and you risk your chances of loosing . 

you already said that long term business is a good idea so why not do it for real and for permanently  ? long term are only not for impatient people because this test out your patience if how far can you go  knowing that there are many obstacles that blocks crypto's from increasing instantly  .
sr. member
Activity: 2506
Merit: 368
December 04, 2019, 07:28:15 PM
It all depends on the level of profit you want to make from your trading. Some times if you are not guided by your set money management policy you will end up loosing all the profit you have made and even lose your initial capital just because of your anxiety to make more money from just one trade.
Don't be too greedy for making money on a single trade it is not how it's done. With constant practice I'm sure you will become one of the best trader. Do trading on a learning process not on a greedy making money process if you haven't done your assignment first. Everyone needs to do that in order for them to become successful.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
December 06, 2019, 07:51:56 AM
in trading what is needed is patience, especially with the current market conditions which may be difficult to be able to get a profit, and many may hold for a long time to wait for the right moment to sell
We must have patience and we should have the ability to keep waiting for the market to be decided by us. It’s good to fix your goal for investing for long term trading and till then it's not a wise thing to trade until you get your target. We should trade for the long term it’s good for us. I think people should have patience as it’s the most important thing for trade.
Patience is not the only we could make money in crypto but instead, we need to become smart and wise in all the activities we have. For patients won't simply work so easy, just like what I did last year and I keep holding some of my altcoins but I've got now, it is nothing...the price went down badly and too far from the day that I bought it. It gives me learning and that holding aren't profitable but it also a reason for us to lose.
Patient + fundamental knowledge about trading is quite helpful and profitable though it's not enough to deal with the market's volatility at all times. You are right just being patient won't take you long of your destination here in trading, proper knowledge and being adept does. Bitcoin isn't that volatile as of the moment, I suggest to look for other altcoin that you can maximize the potential.
And for now, I only just hold for a week otherwise, I need to sacrifice and diversify my investment. Its something we need to track every market change and take advantage of every fluctuation that may happen rather than wait for a huge increase cause it seems to be unpredictable.
I also diversify my investment in crypto to possibly gain in many ways but Imma tell you it is also risky although diversification enables you to gain from any direction it is just an average returns on investment.
sr. member
Activity: 1148
Merit: 268
December 06, 2019, 07:05:16 AM
Long-term business is good. I hold on to the business for a long time because if you invest somewhere in the business, we buy it at a lower price and then sell it for more. But now the condition of the market is so bad that I think it is better to do business in the short term, rather than keeping it for a long time but it will generate some profit.
sr. member
Activity: 2422
Merit: 343
December 06, 2019, 06:51:30 AM
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
to find daily profit from trading if relying on small profits is very difficult, but if you use a larger capital it might be easier for you to get a profit even if it is a little, depending on your capital, if asked how long it lasts when I am stuck buying Altcoin which is getting more and more days getting down, I usually only give it 2 weeks and of course use the trading techniques that I usually use to avoid big losses
Capital would be a big factor to measure our profit but of course, we need to be strategic enough in order to achieve what we aim for.
I'd never put my coin in trade when the market is down definitely, it wasn't the best time to do in trading instead of buying more. For the time that I've been stuck, it probably lasts for 1 month and decides to sell or not.
sr. member
Activity: 1330
Merit: 291
December 04, 2019, 11:09:45 AM
The longest time I hodl is about 1-2 days..After waiting 1-2 days I just sell no matter it has profit or not. I am a little impatience. I am a day-trader so I am trying to catch %1 or %2 and go with high amount of money, it is my strategy for the last 2 years.
From your experience so far in last two years what do you have to say in terms of your take home from day trading if you are advise someone who may like to follow your foot steps in crypto currency trading.
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