Topic: Why choose LONG-TERM TRADING? - page 29. (Read 8479 times)
Quite right. Here me also holding some BCH for the long term. But, Is it really worth to hold in any crypto? Seems like crypto world going to end or no one has interest like an end of 2017. It's just what I am thinking 🙂
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".
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]
With long term trading, we usually will put a high percent of profit. Long term trading doesn't require us to keep up to date with news. We can just buy, store and leave it for a very long period of time.
There are a lot of people that prefer to do scalping, just like me.
It is profitable, at least for me, and it works well and it is giving me good profits, over one percent a day
Yeah long term investment is good especially for those who do not know anything about trading. Cryptocurrency investment in my opinion is the most profitable mean of making money without doing any work. Just buy some crypto and wait for some time. Your investment will increase automatically with the passage of time due to increase in the price.It is profitable, at least for me, and it works well and it is giving me good profits, over one percent a day
Many people nowadays choose the lottery. However, they do not understand that to be deceived in such a situation they have more chances than in crypto. We invest in crypto, and long - term trading is just for those who are limited by time to engage in cryptocurrency.
Long term trading is successful for getting more profit and short term will bother you to trade continuously. Short term has its own advantages but we know that long term trading will result in huge profit for which we are here working in the market. Many traders are defining the benefits with their long term trading so that to upgrade in the market in future.
My strategy is to buy at support and hold for a set time in my head and then i exit. Worked well.
only those who do not know how to trade properly are those who open trades and try to do it for a few hours/days, that is not good for me because you can not earn much money
It is known to everybody that choosing long-term trading provides better profits so I join with the ride.With the current situation now where I already lose some of my fiat money since prices of coins are falling gradually,I need to hold a little longer with the coins I have now hoping that in the days to come bull market will comes in and hopefully meet the target price where I suppose to sell my coins and altcoins I am currently holding now.
Currently, trading for long term is the best strategy.
- Now the market is not good not stable, shortterm trading in this situation might make you loss more than profit.
- Trading needs good skills, especially in unstable market.
- You do not know when your altcoin would be pumped
- Now the market is not good not stable, shortterm trading in this situation might make you loss more than profit.
- Trading needs good skills, especially in unstable market.
- You do not know when your altcoin would be pumped
because ln term invest will always give you highest profit. i invest my money only for long term investment and never lost my money in investment of bitcoin.
For me a lot of people are choosing long term trading because many people are becaming more profitable in long term and right now a lot of people are became rich with long term trading, so even me i more prefer to do long term rather than doing short term.The risk is there even if you are doing long term or short term, the decision is based on what you have research so always be updated with the market.
because ln term invest will always give you highest profit. i invest my money only for long term investment and never lost my money in investment of bitcoin.
For me a lot of people are choosing long term trading because many people are becaming more profitable in long term and right now a lot of people are became rich with long term trading, so even me i more prefer to do long term rather than doing short term. 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]
Many people nowadays choose the lottery. However, they do not understand that to be deceived in such a situation they have more chances than in crypto. We invest in crypto, and long - term trading is just for those who are limited by time to engage in cryptocurrency.
Long term trading is successful for getting more profit and short term will bother you to trade continuously. Short term has its own advantages but we know that long term trading will result in huge profit for which we are here working in the market. Many traders are defining the benefits with their long term trading so that to upgrade in the market in future.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:
Long term trading is no hazard to do, You just leave your money on your wallet and wait for the right time to soar up and withdraw, This is the most efficient method to earn good income:) Short term will give you headache facing your pc or laptop, and its quiet risky because the fluctuations are unpredictable...Long-term trading is good for those who:
- want to invest
- works at least 8 hours a day
Many people nowadays choose the lottery. However, they do not understand that to be deceived in such a situation they have more chances than in crypto. We invest in crypto, and long - term trading is just for those who are limited by time to engage in cryptocurrency.
Long term trading is successful for getting more profit and short term will bother you to trade continuously. Short term has its own advantages but we know that long term trading will result in huge profit for which we are here working in the market. Many traders are defining the benefits with their long term trading so that to upgrade in the market in future.I think this is a good practice in order for us to be able to make our coins grow even though it has a falling value. Some trader played with their coins through day trading but its not liable to make it as a habit. You don't have an assurance for that.
I feel like daytrading would do me more harm than good, let alone give me sleepless nights. So I choose to mostly hold my coins long-term.
agree with u
i choose being long term because i have to work in real life more than 8 h / day
i can't do daily check the market if i choose short term
another thing i want to invest too
i choose being long term because i have to work in real life more than 8 h / day
i can't do daily check the market if i choose short term
another thing i want to invest too
You can choose to focus on holding your coin if you are not really good on trading or let say, you have a day job because in this way you can have the time on cryptocurrency and your day job as well so you can earn more income monthly while waiting for the price of your coins to grow.
Method is good because it can bring high income for the long-term storage of currency: as example, consider the rapid increase in the value of bitcoins over the last year. Moreover , does not require constant monitoring of the market, allows to save on transaction fees, because transactions are made very rarely: in other words, this is the most relaxed style of trading.
It being done with patience you will not have to remain worry all the time about market rise and fall, it can be kept quietly for long term, you will not have to constantly keep your hands in market as you can do your work you can handle all other tasking without getting worry., it will save your money and will earn high amount of profit for you as well, for trading I think it is best choice to have patience and trade for long term, buy low and sell high will be the feature of long term trading. Jump to: