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Topic: Why choose LONG-TERM TRADING? - page 31. (Read 8516 times)

member
Activity: 308
Merit: 10
June 11, 2018, 07:33:09 AM
    Trading is indeed difficult to do.


    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 believe you should not invest long term in bitcoin at this point, you can see that bitcoin prices are constantly fluctuating and falling sharply in recent days, so to be able to trade successfully is what very difficult . The market is bearish in the long run because you should not invest long term, it will be very dangerous, the risk will be very high.
    full member
    Activity: 392
    Merit: 101
    June 11, 2018, 07:26:19 AM
    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.
    member
    Activity: 392
    Merit: 10
    June 11, 2018, 05:54:26 AM
    I think that the long-term holding strategy doesn't involve as many risks as the daily trading. It is more profitable and perspective. I think that this is the best way to earn money. I give preference to the long-term hold of btc
    legendary
    Activity: 2100
    Merit: 1058
    June 11, 2018, 05:50:38 AM
    I will choose long term trading. It is just my own perspective, as we all know there is no project that is already successful even if they are only new to the market. All of the existing successful project are passed through many circumstances and it takes time to improve and develop. That is why I will choose long term because most of the project will pump and boom to the market after they overcome all of those business challenge.
    Almost all the traders and investors are choosing and preferring long term process because they know how to get maximum profit and are exerts in their work that is why they want to trade and invest for long term in order to get maximum profit.

    On the other hand short term investment and trading is also good but is not more profitable because eh value is not so high from you amount which has less profit in result.
    hero member
    Activity: 980
    Merit: 523
    June 11, 2018, 02:55:28 AM
    trading for the long term will be more secure and profitable, especially for those who do not have the experience and knowledge of good trading, but requires patience to make long-term trading
    It is better not to make any kind of hasty decision and that you need to have enough of the time which can then help you in analyzing the situation in the best possible manner as if you will not be having a fair idea of the situation, it will not be possible for you to make the right decision. Long term trading is also useful as it can help you in holding of the coins at time when the market is falling.
    When it comes to that of the trading, then things change even by one single decision and that you must remain careful all the time especially at time when you must make some decision. If you will go for long term trading, then this will help you out in a way that you will then have some good time to understand the things by analyzing the situation and then making some better decision which can then help you in making of money.
    jr. member
    Activity: 104
    Merit: 3
    June 11, 2018, 02:00:20 AM
      Trading is indeed difficult to do.


      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]
      Most investors choose long term trading because when investing is large even if they wait for one year to choose the coin they have a bigger profit, they are waiting for it to be a successful coin invest.
      jr. member
      Activity: 196
      Merit: 2
      “Revolutionising Marketing and Loyalty”
      June 11, 2018, 12:25:18 AM
      Yes, I think long term trading is simpler and better for beginners, because it does not need every day checking the market just need to wait how long he wants. But only a few coins are perfect for long term trading and usually it's old coins that have been stable that the price is also quite expensive.
      legendary
      Activity: 3080
      Merit: 1292
      Hhampuz for Campaign management
      June 11, 2018, 12:23:38 AM
      Yes if a person dont have any time to be full time in crypto and not tend to learn trade. You can do holdings and just check the price whenever you want. Recommended for someone have work, cant trade, less knowledge about crypto trading. Long term trade is also the best for me
      Holding could always be profitable as long as you study well and invested on a coins with a solid team.
      The risk is there but at least you are not too active in monitoring the price movement because you are here to hold longer and bet on the future.
      sr. member
      Activity: 841
      Merit: 251
      June 10, 2018, 11:49:59 PM
      Yes if a person dont have any time to be full time in crypto and not tend to learn trade. You can do holdings and just check the price whenever you want. Recommended for someone have work, cant trade, less knowledge about crypto trading. Long term trade is also the best for me
      sr. member
      Activity: 924
      Merit: 275
      June 10, 2018, 11:31:38 PM
      I think one of the reason why we should do long term investment with bitcoins is because of the profitability of the bitcoin. It is true that the value of the bitcoin is continuing to grow up as time passing by. There are a lot opportunities that we can get by holding our bitcoins.
      full member
      Activity: 658
      Merit: 102
      June 10, 2018, 11:05:17 PM
      Long term trading are the best option for people who had a regular job or had no time to monitor market daily. Day trading and scalping are more risky and you need to learn it thoroughly before joining just to minimize your losses in the future. Technical indicators and fundamental analysis can also helpful not only to the day traders but also to long term traders or hodlers.
      newbie
      Activity: 178
      Merit: 0
      June 10, 2018, 12:52:05 PM
      Short term trading is more risk bearing so the long term trading is mostly good way to make money.
      member
      Activity: 172
      Merit: 10
      June 10, 2018, 10:44:17 AM
      I think that scalping is much more profitable than just trying to make a long term trading, it also depends on a lot of stuff that can not be disclosed too much. Anyway, i think that everything will always depend on what is going on the market.
      newbie
      Activity: 224
      Merit: 0
      June 10, 2018, 08:16:48 AM
      In my humble opinion, i think that long term trading is just pure crap and you are never going to make any profit out of it, indeed, i think that scalping or short tem trading is much more profitable
      If the market is falling now, short-term options may fail because the price of the altcoin is falling. So many investors decide to choose when to hold the time. If the price they are going to sell, so depending on the time of the market we make the decision, the time holds the coin.
      member
      Activity: 546
      Merit: 10
      June 10, 2018, 07:57:38 AM
      Long term trading takes 5 to 10 years and it goes for the strong hands only. If you are a long term trader, there is a great possibility that you will gain double times with your capital. I am not a long term trader because I am just starting with cryptocurrency but probably, in the future, I want to hold coins in a long period of time.
      legendary
      Activity: 2912
      Merit: 1068
      WOLF.BET - Provably Fair Crypto Casino
      June 10, 2018, 07:30:17 AM
      Long term trading is less risky. It gives you more space and time for making decisions and wachtch the market, it's less stressful and less dynamic than day trading. Also with long term trading you don't have to spend so much time like with day trading.
      Maybe you will earn less and it will take more time to make the profit but it's safer way of trading especialy for the beginers.
      full member
      Activity: 378
      Merit: 100
      June 10, 2018, 07:13:16 AM
      it seems like a lot of people are opting for long term trading because I see long term trading is more profitable and not too much online because it does not really have to see the condition of coin prices.
      I am choosing long term trading because i am not really good in day trading and i know to my self that long term trading is also profitable but it will take for long time before we can make a big amount of money, and i like long term because many people became rich doing long term trading.
      member
      Activity: 163
      Merit: 10
      June 10, 2018, 05:27:19 AM
      In my humble opinion, i think that long term trading is just pure crap and you are never going to make any profit out of it, indeed, i think that scalping or short tem trading is much more profitable
      sr. member
      Activity: 1036
      Merit: 281
      June 10, 2018, 05:04:41 AM
        Trading is indeed difficult to do.


        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]
        The reason why it is better to do long term investment is because you can earn more benefits that doing day trading. You can ensure that you can grow your capital because the bitcoin will become more valuable in the near future.
        jr. member
        Activity: 210
        Merit: 1
        June 10, 2018, 04:46:42 AM
        I'm not sure that waiting long is the right choice. People use intraday trading and make a profit every day and not in a few months or even years.

        Maybe not that too long because you might miss a good pump and the worst will loss its value. Don't be too greedy for profit because you may end up to more losses than gain profit. Sometimes holding too long can kill your happiness so know the limit.

        You have a good point. We must know how much our limit because we can't predict cryptomarket industry in a sense that it's behavior is very volatile and a difficult to control. Its not bad to chosed long term trading but set an objectives of the profit that you want earn. Too much greedy will sometimes makea us a huge of losses at all.
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