Long term trading means big profit thats why in trading you must have the patience and you must control your emotion
Its not just emotions but also intelligence on making decisions, because sometimes it is not just emotions and intelligence but also vision for the future . 
Topic: Why choose LONG-TERM TRADING? - page 22. (Read 8479 times)
Day trading is very difficult to guess in the market, people who don't have much experience with the day trading the only option they choose is a long-term holding. They will bother only when their holding started increasing, i do agree long-term holding will always benefit the investors instead of short-term.
It's more secure than short time tracings. Short time trading is stressful. Recent market prices are hard to predict.Investments held for longer periods tend to exhibit lower volatility than those held for shorter periods.
In crypto market I look at benefit regardless of the source, if the source has long term trusted store of value then I will invest and will place my money. Long term is favorable for making huge profit which is not possible somewhere else but in the Bitcoin and 2nd after it is Ethereum. Ethereum is also favorable for long term trading because it is also valuable, however higher profit will give by the Bitcoin.
Long term trading & investing is good for passive income. But I think it requires good patience not to panic and sell everything is case of bearish trends on the market.
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]
Accurately, long term is they best way to profit from cryptocurrency, research has should that investors who invest on time in a potential growing coin tend to benefit largely from they investment.
Actually, most of people choose long term trading because they don't quite understand how to trade. They simply invest their money and leave it to grow over time in value. They don't care whether market is falling or being sideway like calm sea because they believe the market will become green for a long period of time. Warren Buffet is one of richest persons, who using this strategy. He started investing when he was young. He holds his favorite stocks for a very long time.
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]
because they reo to you many multiple profit and many the basic for the times, we think the next field reloring as now, Job held long term is required.
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]
Personally I prefer this exact strategy. I don't like rush. I need some time for monitoring and analyzing the market before making a decision. And also I'd rather avoid too many risks, that's why my choice is long-term trading.
You can dedicate the time saved from constantly following the market on other productive activities. You can study other stocks and do thorough research before making buying or selling decisions.
Although I'm not a pro trader my best advice as said by many “only invest what you can afford to lose”. I've seen people who are doing 14 hour day shifts, meaning they probably don’t have much time to do much else. I would suggest doing long-term holding as it does actually make a lot of profit if you research correctly. Certain coins multiply by over 10 fold in the space of a few months, these are typically low volume coins but if you do your research they should be easy enough to spot. Also, I read a report that actually most day traders ended up with less money over X period than those who simply held Bitcoin, I'll find the source and edit this soon.
Personally I prefer this exact strategy. I don't like rush. I need some time for monitoring and analyzing the market before making a decision. And also I'd rather avoid too many risks, that's why my choice is long-term trading.
I can totally agree with you, long term holding or long term trading is a great option for the people who are not having many of free time to spend here, learning, examining, researching.
For me many people here in crypto is choosing long term trading rather than short term trading because short term is not an easy job specially when the coins we own is dumping it's price on the market and for me many people can make more profit doing long term trading.only invest to hold. It's like they are holding gold that will increase its value overtime but it's different here in crypto, it's so volatile so I can say it's the game of strong people and a real believer.
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 is a very good way to earn money for a long period of time. One of the advantages of long term trading is that you don't have to disturb yourself with the volatility of bitcoin on daily basis unlike day trading where you have to be conscious of the price if bitcoin at all time.
Another advantage of long term trading is that there is little or no risk involve. You simply put your bitcoins in a wallet and wait for a very long time before selling.
Long term trading is for those who do not know how to trade or those who don't have much time to spare on day to day trading or signature campaigns.
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]
Because long-term trading will give you higher returns in the short run, the price of coins will tend to rise over time, so the longer you hold the longer the option to sell at a better price. .
Long-term deals will give you many opportunities to choose high prices. But they are quite time consuming for you, you have to be patient and wait in the long run. So there are many opportunities for you.
Every people is different in the risk tolarance, and in the personal interest level of crypto as well. For those, who are a worried type, and have only a little interest in crypto technology, and development, long-term is the way.
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