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Topic: How long do you hold on a trade. - page 16. (Read 3148 times)

sr. member
Activity: 1400
Merit: 259
November 25, 2019, 11:13:22 AM
#31
There are. Specially with new coins.
Let us make BNB as one example.
Before it was just dust but yet many people believe in it and also the usage had been so high so its value grew which is unexpected by many.

Same with other coins. There is short term trade and a long term which almost looked like a hodler but they are not.
Just letting it rot for the right time to sell.
hero member
Activity: 1432
Merit: 500
November 25, 2019, 11:10:35 AM
#30
I would definitely wait patiently until it reaches my target. I have never canceled order  without reaching the target. Mainly we need the mindset and patience in trading otherwise we will end up in huge loss.
hero member
Activity: 1498
Merit: 586
November 25, 2019, 11:04:22 AM
#29
I pretty much hold altcoins, the time varies 1-2 years I hold, but day by day the price goes down. I was getting frustrated and a little started leaving hold altcoins, now I prefer bitcoin whatever happens I believe hold in long-term.
I will hold it a little bit longer, even though that the coin is already been listed in an exchange. If I already see a potential in a coin why dont I give it a time so that it will be more mature and also it will give me time to decide whether it is now the good time to sell it or should I hodl it a little bit longer.
sr. member
Activity: 889
Merit: 253
November 25, 2019, 10:06:14 AM
#28
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.
You can't make perfect profits from crypto trading, it will change for every second so don't consider yourself as loser if you made less profits due to exiting earlier just cherish that you made some profits and continue to make more profitable trades and sum up all the profits to hold something bigger.
If he wants to make make perfect profits, then first he is obliged to learn. To make the most out of crypto coins, all the sold coins should be recovered. When an investor or trader sells his coin, the total amount of his holding decreases. He must get back to that amount after making profits in pumps. From these profits, he should buy the sold amount when a dip appears. Patience is the key to achieve success.
hero member
Activity: 1624
Merit: 500
November 24, 2019, 12:40:04 PM
#27
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.
trading is a very risky and very difficult road, because of that, some people don't recommend those who are stressful, impatient, and don't want to lose their assets to trade on the internet.
in trading, everything requires a process. I even canceled a number of transactions that could make me successful. I do that because I read some information that makes me doubtful, and afraid. Maybe it can be said that it is FOMO.
when asking about a sure way to trade, I think everyone has their own way of trading. everything just needs experience, and you will find your own way.
legendary
Activity: 3094
Merit: 1127
November 24, 2019, 12:04:03 PM
#26
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.
Usual stuff to happen if you dont set out your own target or goal on such trade.Before you do trade you just need to set out on what % of profits you do like before you do exit a certain trade? Same goes with stoplosses which work on the opposite way but its a must thing to consider on to prevent deep losses.
If you dont have any technical analysis then you would surely have no basis and you would just randomly cancel out a trade because you arent even sure on what you are doing.
Go back and try to make some analysis,set some goals then exit positions and this one same goes to re-entering the market.Everything does really need some analysis yet
we arent doing gambling here.
sr. member
Activity: 714
Merit: 254
November 24, 2019, 11:47:27 AM
#25
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.

I usually not holding too long, i always set up when i want to buy and when i want to sell a coin before i make a trade, so i won't get panic with any situation because i already set a stop loss right after i bought the coin.
Not setting up in and out target will cause us become labile and we will cancel and FOMO at many trades that made us experienced a big loss.

When I was new here, my goal is to have a long term holdings, but when I discovered trading, I found out that it is better to do short term or day trading which is more profitable, rather than holding without any specific goal how much you would like to earn or profit, having a goal should be specified, not just wait for long term with no specific plan.
sr. member
Activity: 1022
Merit: 252
November 24, 2019, 10:38:46 AM
#24
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.

I usually not holding too long, i always set up when i want to buy and when i want to sell a coin before i make a trade, so i won't get panic with any situation because i already set a stop loss right after i bought the coin.
Not setting up in and out target will cause us become labile and we will cancel and FOMO at many trades that made us experienced a big loss.
MI6
hero member
Activity: 1260
Merit: 504
Betking.io - Best Bitcoin Casino
November 24, 2019, 10:34:09 AM
#23
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.
I think as long cancel trade means we not buy it yet, or maybe not affect on our capital is still good. Regret is normal because you see price increased and not make a profit when the opportunity is at hand. But maybe look positive thing about it like what i was said about not affect in our capital is better. Than you already missed the movement, and then get FOMO and trapped in high price.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
November 24, 2019, 09:59:47 AM
#22
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.
if you trade alt, make sure the btc is in non-extreme conditions, and if the situation changes, always use stop loss. do not force yourself to continue to monitor, it will only cause great anxiety. Or make it a habit to trade with usdt pairs, this is an alternative way to at least maintain the value when a stop loss occurs.
sr. member
Activity: 882
Merit: 251
November 24, 2019, 09:54:17 AM
#21
I pretty much hold altcoins, the time varies 1-2 years I hold, but day by day the price goes down. I was getting frustrated and a little started leaving hold altcoins, now I prefer bitcoin whatever happens I believe hold in long-term.
hero member
Activity: 1120
Merit: 554
🇵🇭
November 24, 2019, 09:49:48 AM
#20
Hold on to the coins that are worth holding like BTC and ETH that have tendency to arise in the future due to their limited supplies. While some coins are only good to trade for short term. Always know the news too that sometimes help in doing day trading. Holding will depends on the project and news whenever I do trade.
sr. member
Activity: 2366
Merit: 305
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November 24, 2019, 09:45:31 AM
#19
It doesn't matter how long it is, the most important is the right timing and always checking news that possible effect on bitcoin and those special events that might make either up ow down. For short term trading, it should an hour and for the long term, there's no time frame but it would be better if you can wait a year than daily checking the price graph. Monitor the price chart when you are in day trading and it takes too much time and probably makes you depressed, I think a long time hold is much better.
sr. member
Activity: 602
Merit: 253
November 24, 2019, 09:45:25 AM
#18
There are thing such as stop-loss, in case if you're scared that the price falls down after you buy some alts and also a way to prevent more losses.
I'm more like a day, weekly to monthly trader, since the altcoins that I've bought mostly needs some time to get the profit. It's not much, but it's enough for me.
I don't really do long-term, not for now at least. That is why I'm focusing on taking the profit every other day, minus the losses and the bad days.
hero member
Activity: 2702
Merit: 672
I don't request loans~
November 24, 2019, 09:42:20 AM
#17
Theres no shortcut to success. In the end, only you and you would be able to achieve the patience to hold, the ability to wait and see, the ability to read the market. Shortcuts are found here and there but they can only be called guides at the end. You might want to get into hobbies that require patience. E.g. is gundam building, it helps you fortify your mind and is qiote enjoyable as well ngl.

You also gotta discover what kind of trader you want to be, and build yourself up from there.
hero member
Activity: 1008
Merit: 510
November 24, 2019, 09:10:07 AM
#16
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 really depends on your strategy. Some people make quick trades to make a quick profit.  I prefer to make long term trades. What I mean is right now the price of Bitcoin is low so I might buy but I would hold for a year to take a long term capital gain.
full member
Activity: 1130
Merit: 133
November 24, 2019, 08:56:51 AM
#15
In trading, we have to be patient, not panic and discipline, moreover, you are a beginner, a sense of panic is there and cancel all trades, especially with market conditions like this, it is true understanding the market movement of technical analysis in trading, we know to be patient when starting it, buy coins according to You are good at moving forward and don't cancel your transaction. I am sure it is your main capital in long-term trading to hold it.
this is first key that we must have when we start our trading. if we dont have this key i am sure we will be an ant this market, we could not do anything when market moved againts our direction. moreover this market full of manipulation , extremely moved and contain high risk
full member
Activity: 868
Merit: 104
November 24, 2019, 08:42:24 AM
#14
If someone is trading based on charts then it depends which TF is he trading. If trade is taken on higher TF like daily or weekly it should be hold for long time depending on target and stoploss, if the same trade is taken on small TFs like 1 hr or lesser, it can be liquidated the same as TP and SL should be lesser as compared to higher TF. For any other analysis. Average holding time for short target should be interaday to few days like 3-4 or 5 days, for long term holding it may be fews to few months and even years.
sr. member
Activity: 1204
Merit: 270
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November 24, 2019, 08:41:48 AM
#13
I have a some times for a different category to each time i holding the crypto:
  • Short Trade: I can hold the crypto with a few days or just weeks, most of this currency its a shitcoin/token who have a high volatility percentage change it.
  • Medium Trade: I holding the crypto with this method around 2-4 weeks, some crypto can be major coin but some crypto can be a new project but have a good potential growing.
  • Long Trade: This its the last option to holding a major currency like ETH, Bitcoin who needs a long time to grow up again for the price. I hold more than 3-6 months, until now i still holding bitcoin and ethereum waiting to see a good momentum from the market.

yeah just adding something  long trade sometime 1-3 years i is so long but learning first them start trade many people loss her money when open false trade, it's true trade means always risky but strong analysis make huge profit first learning then trade?
sr. member
Activity: 1218
Merit: 251
November 24, 2019, 08:31:50 AM
#12
In trading, we have to be patient, not panic and discipline, moreover, you are a beginner, a sense of panic is there and cancel all trades, especially with market conditions like this, it is true understanding the market movement of technical analysis in trading, we know to be patient when starting it, buy coins according to You are good at moving forward and don't cancel your transaction. I am sure it is your main capital in long-term trading to hold it.
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