Topic: Why choose LONG-TERM TRADING? - page 19. (Read 8526 times)
Long-term investments are to get huge profits rather than a temporary profit. if you have purchased some amount of Ethereum or Bitcoin, you should forget then for some time and wait until the price reaches the moon. I have done the same until BTC reached 17000 USD last year and sold them and purchased again when it reached to 4000 USD.
Individuals who pick up the immense measure of reward has additionally experienced huge misfortunes in the past or the other way around. You won't hop into its pinnacle in a flash, you will, in any case, need to pass a considerable measure of misfortunes along the street. Also, the more probable you need to go for broke, the higher the odds that you will be more gainful later on. You can see that is self-evident, huge benefits dependably connected with high hazard. The market as of late is fluctuating constantly and exceptionally mind-boggling.
I think the main reason why sometimes we choose long term trading it
because they know that this is the best way to avoid losing coins or investment and to make sure that you will earn a good amount of income.
because they know that this is the best way to avoid losing coins or investment and to make sure that you will earn a good amount of income.
Great post! would give a merit if I have one
If day trading/scalping doesn't suit you maybe long term trading is for you.
just control your emotions, be active to the crypto community and be updated
to the mainstream news.
If day trading/scalping doesn't suit you maybe long term trading is for you.
just control your emotions, be active to the crypto community and be updated
to the mainstream news.
Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".
Long-term trading is good for those who:
- want to invest
- has a job that requires at least 8 hours a day
- want to earn extra income
- non professional traders or beginners
But of course you will have to consider these things before investing:
- invest money that does not limit your ability to meet other financial needs
- should be willing to lose some
- higher investment, more risky and higher potential of loses and/or rewards
These are the benefits of long-term trading according Anne Chapman (2015):
- You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
- You have more time to plan and study the charts for analysis of trend
- You only need to employ simple techniques.
First, identify major areas of support/resistance (does a trend have room to develop?
Second, look for chart/candlestick patterns (do they reinforce a trend continuation?)
Finally, look for a logical and high probability point of entry and manage the trade
- You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
- You only have to work less. Check your coin in a month or weekly basis, etc
Thank you.
A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]
Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".
- First, we see from the bitcoin garif which continues to decline since the beginning of the year from 20k $ to under 10k $.
- Secondly, the emergence of positive news crypto world that has been believed in most countries that could affect future price increases.
- Third, the number of large companies that invest in crypto.
Well, long-term trading is definitely for beginner and non-professional traders and it is also relatively safe, so those people who don't want to take risk can go for long-term trading. As far as experienced traders are concerned they can trade any time.
Long term trading is only for people who are not good on trading or to those who are still working on the corporate world and cannot focus on their daily basis so they prefer to hold their coins longer and wait for the highest price to come out.
Long time trading is suitable of all members.If you buy a good coin like waves and hold it for 8-10 months you will get too much profit.The member who are not active choose long term trading.Long term trader get too much profit.
Choosing a long term deal is only for those who do not know much about
Technical analysis, beginners trading can also be people who do not have much time. Also, I realize that the holding is not profitable.
Technical analysis, beginners trading can also be people who do not have much time. Also, I realize that the holding is not profitable.
In my humble opinion right now in June - July 2018 long-term or just holding is the best option to go with, because of the market on stability and an clarity you can never know which direction it would go
Well, long-term trading is definitely for beginner and non-professional traders and it is also relatively safe, so those people who don't want to take risk can go for long-term trading. As far as experienced traders are concerned they can trade any time.
Long term investment is not only for beginner and non professional but even good experience and expert trader are also giving more preference to long term trading, no doubt that there is less risk in long term trading and therefore it is more good for beginner and inexperienced people but i think that even for expert trader long term trading is more profitable.
I choose long-term trading because I think with long-term trading I can get a lot of profit and do not have to see the price condition in exchange place every day.
The longer term will be safer for you, you will not sell at the price makes you regret, the long-term pickers always sell pennies at reasonable prices and never worry.
The longer the wait is for a better price, the current price is not enough to make a profit and wait long term we will have more opportunities to choose the better price to sell.
In my opinion, the longer you wait, the more the rise in the price is included but this also depends on the market. If it is down, you might also need to wait much longer. Having said that, a portfolio can grow efficiently to a good extent and this is what raise the worth as well. So it is better to hold for a much good market if the current profit you incur from the market is not enough to maximize utility or profit.
When some people buy altcoin and when that coin price is very dumped and they understand if they sold his altcoin he can lose some money because it’s price show very low which is buying price so it is necessary to hold altcoin. Most of the people know long-term trading is very profitable so people always choose this trading strategy. Long-term trading is a very low risk so most of the people like this one.
As for me , Long term trading remains the best as an investor, for you to be succesful in this , you'll have to know utility coins to invest and most importantly PATIENCE IS KEY.
we saw many coins did 3,000% ,5,000% etc last year, only a long term hodler will fully benefit this pump over that period.
we saw many coins did 3,000% ,5,000% etc last year, only a long term hodler will fully benefit this pump over that period.
I do not think long-term trading should look at market prices. And by choosing long-term trading because I think long-term trading can provide many advantages and not necessarily every time to see the market
The longer the wait is for a better price, the current price is not enough to make a profit and wait long term we will have more opportunities to choose the better price to sell.
If you choose long-term investment at this point you are completely wrong, you can see that as soon as bitcoin price reached $ 19800 then the market began to fall down and fall into crisis. In the long term, bitcoin prices are in the bearish trend, so to be able to trade successfully at this point you should trade short term
Because bitcoin is not some "get rich quick scheme". Why would you want to trade short term when you can be in the biggest currency people of the world ever created without any government help at all. I don't get this sudden need of making money, this is not some mlm that middle age women sell each other. This is a technological break thru that people will be talking about for the years to come. It will always be around until probably all of us die.
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