Topic: Why choose LONG-TERM TRADING? - page 26. (Read 8479 times)
To do day trading or long term trading should be according to which price we want to buy, for example if we want to buy BTC in the current price is good idea to do long term trading, but if you bought in january by price $15 K you have to do day trading. For now is good decision to do long term trading because many crypto been down up to 1/10 from the top price, so will be possible to get 10 times profit too later.
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.
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.
Yes long term trading is a good way to earn me without hassle.
For new traders, holding coin for a long time is more effective than trading everyday. However, it is still a good idea to select a good entry point for a good return. 
Not only for new but for old long term traders it is best time to buy, we need to be good at trading because having no good knowledge about trading and jumping the river will make you drown, so try to learn and earn together using long term trading, we should buy more and sell nothing right now, trading is good as beginner to choose long term trading than day trading as it gives safe and high profit.
Many traders trade several times a week or even a few times a day, but often overlooked trading style is long-term trading.
In recent style the market system is unpredictable no one knows what will happen but it is good to trade for long term because it reduces your tension and worries about market caps, so I think long term generates profit too high, you will not keep on looking for market price all the time, those who are waiting for long term gets profit, long term carries patience and patience is the only key of success. 
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]
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.
long-term investments, long-term trading or long-term holding are the simplest way that everyone can, even beginners. it does not require anything such as analysis, strategy and the like, that are complicated and heavy. Of course do not expect without making mistakes, because experts are still often make mistakes in crypto.
For new traders, holding coin for a long time is more effective than trading everyday. However, it is still a good idea to select a good entry point for a good return.
Well i think it is the best way to learn trading by holding, that what most people do. Buy and wait and watch the price. However if they use such approach they must be ready to have "solid hands" as crypto market is extremely volatile. Even traders that have experience (from equities or futures etc.) cant always keep the pace.
Long term trading is also a good option for people who are testing it if it fits to them. No rushing and just checking if it's really working. It is also a good past time when you are in a lunch break. And most importantly,to make you a lot more patient.
There are times when investment should be long-term investment because long-term investment will help us have more stable value than time will increase the value of investment or we rely on fluctuations. of it to invest
The more you have an investment horizon, the less your result is affected by short-term price fluctuations. Therefore, this is the most secure investment strategy. The only thing -you need to work on this strategy with several coins - forming your investment portfolio.
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]
You have mentioned most of the important thing that one need to consider in other to go into long term trade in Bitcoin and altcoins. And at the same time, if you have enough money that you can part with for a long time period then, long term trade will be then recommended for you.
Recently, I also became a supporter of long-term trading. Bitcoin exchange rate is very unstable, constantly falling and at the same time falling and altcoins. However, there are altcoins, which, I hope, can give a profit of 60-150% for 3-5 months.On Bittrex it is BRX,EXCL, EFL and some others.
I always have principles if I do not really need money will not sell it. Long term trading is the right choice for me as a person who monitors the market. probably before because I was disappointed to sell the coin property at a very cheap price, that's why the patience is the key to success. So don't panic keep calm and still watch
For me long-term trading is very confusing, I even feel anxious and my money will continue to decrease due to several issues.
yes Bitcoin always takes issue with negative issues and that affects the price, a bit the same as gambling.
I do not think about long-term trading at the moment.
yes Bitcoin always takes issue with negative issues and that affects the price, a bit the same as gambling.
I do not think about long-term trading at the moment.
In the long term they give you more opportunities at a more reasonable price. You hold in the long run then you see your penny fluctuate with many good prices, from which you can sell at reasonable prices.
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