Topic: Why choose LONG-TERM TRADING? - page 36. (Read 8479 times)

It depends on the character/attitude of a person to define whether he/she is investing or trading. I believe, for traders, long-term or hodling will be very frustrating if it is done regularly. Most traders work to increase their number of coins or increase the value of their investment faster. They are on a different scale.

If it is a long-term investment in crypto, then few things we need to take care:

1. Invest in the technology and the people (team) working towards its development. We will need to make a judgment on how the technology is solving any issue. Also the quality of people involved in the project to make it successful, roadmap, etc.

2. Have a clear goal, a vision of what long-term means to you. Think of the fact that no one knows future, we can only judge based on the past and present. You either stick to your goal or you have any second goal too (detour).

3. You may want to make sure that you are well grounded and be well aware of how the overall industry is moving. Macroeconomics plays an important part. Most of us miss this. Any government moves needs to be taken into consideration

4. Be prepared to lose, if you have done your calculative judgments, then stick to your guns.

5. It becomes important, if you support a technology, then you need to speak about it, promote it offline or online. The more the visibility and acceptance, the better it is for that technology/cryptocurrency.

6. No one can control decentralized currencies, however, they can be regulated and manipulated also. So have a contingency plan.

7. Believe in crypto. It needs a lot of patience. Ups and downs will be there, so your belief should be rock solid. Long-term investments are more peaceful, as you don't have to worry about the short-term ups and downs.

Hope this helps!

Long term trading is bullshit if ou do not even know how scalping works.
I think that scalping or just daytrading is much more effective, specially if you are a newbie on trading purposes.

 Dependant on many variables. Example for my current standard of living I would need 10 times that of my friend who has a modest lifestyle . What you are invested in and how balanced your portfolio is. Risk ,short term and long term exposure to political uncertainty. Diversification ie property, Crypto etc. How long will you live. I’m 30 and hope to retire at 60 but I have family that lived passed 100 so another 70 years of life possible got me. That’s a long time on a pension. It’s s big question and not sure their is a rule of thumb here anymore. My advice live a little but stash as much away in a diversified portfolio as possible!

I see investors do not seem to have the time to always monitor bticoin prices so they prefer to be long-term investors which is why investors choose for the long term rather than the short term

That was a good choice that is also good of controlling your patience. Long term trading where the maximum profit might be probably hitted in that period that is mostly missed in short term trading. It depends in your time availability to check the prices everyday and to make trades. Long term is the best trading strategy with a good background research.

I choose long-term trading is because sometimes I don't have time to analyze every coin and if I force myself to do this, then I am not sure that I can make any profit in the short-term. so when I decide to use a long-term trading, I think it will be easy for me because I don't have to always check every price of coins in every day and I only need to wait for the lower price and buy the coins. besides that, I think by choosing long-term trading, it helps me to prevent the panic that comes to me when I see the price is down.

I am engaged in long-term trade, I buy new coins cheaply and I'm waiting for some coins to grow several times. For a beginner this is the best option.

Long term approach to trading and investing is indeed a peace of mind for those that employ this means as a strategy.  Long term allow you to learn and grow in your capacity to research and choose quality coin to invest in.

People who gain huge amount of reward has also experienced big losses in the previous,or vice versa.You will not jump into its peak instantly,you will still have to pass lot of losses along the road.And the more likely you want to take risks,the higher the chances that you will be more profitable in the future. You can see that is obvious, large profits always associated with high risk. The market in recent days is fluctuating continuously and very complex

As much as I appreciate your post there are people wouldn’t appreciate it, lol. There are people who don’t believe that price should go down at all, they just want the price to keep on going up and up, which is something that will never happen. That makes sense. Definitely we all are hopeful for the bitcoins market to increase and become healthier. They have been in dip since January of this year, so better for them is to take something up now

Personally from my experience in forex trading I will rather recommends a long term in Cryptos due their high volatility thus Daily timeframe will be my minimum trading plan, of course a trade may last several days to hit profits invariably fears. Long term is strategy for people who only have money but don't have time to do analyze and calculate everything. This method is using by most people who like challenge and can see opportunity in future

For me its depends of the setuation  because some of people holding in longterm way people want to get more profit because we know bitcoin or other currency have a potential to grow up the price in the future. In this online market there are too many people start trading. Some people work with day trading some people work with long tram hold. Who is very expert with crypto currency trading only those people don't start long term hold because long term hold

I do not think long term trading is the best option at the moment, you can see that bitcoin prices in the past days are showing signs of strong recovery but in terms of limit, the bitcoin price are still in bear market. In choosing long term investments in trading is more like taking care of an asset which you think for the future good profit to come. So you are able to hold your coins and expect to grow it with much higher value in the market

Absolutely you are right.
I am doing holding exactly because wrong decision at the time.
I bought some token in high price and suddenly it was getting low so fast.
I was so panic and having no idea to do.
I was begginer at the time, then i just hold those token and will not sell it till the price come at the first i bought.
Regret? Absolutely yes,
But i really hope the price will be back soon later.

Long term trading and short term trading both are the two types of investment in this market that leads you towards different results. You will get normal result with short term and will get hard result with long term. Trading with long term is more profitable as you will wait for the high market after your investment and will sell out coins on that high price while in short term you will continuously sell coins right after buying coins so the market can not change rapidly right after your investment for you and will give you less profit, that is why long term are preferred.

In trading, there is a thing named as time pressure which has a very strong influence over each and everything and that if you failed to keep yourself calm under this pressure, then there are likely chances that you will end up losing most of your coins.

It is better to go for long term trading of the coins as it gives you an opportunity to make some better earning by understanding the things in a better way.

Simply is this, if you can’t dedicate a big portion of your daily routine to this day trading, you would be just losing at every moment. This day trading isn’t that much difficult, it only demands care and concern that must be put to include best results in your form at the end of day. I believe this day trading can makes your life easier but only if you have got enough time to play with it.

Thats a very good post, and in my opinion, this one should be sticky. Or even beter, eery new registred has to first read this! Tradins sounds ery easy in theorie, but when you do it in practice you see how difficult it is! So wit holding you can also stop those pump and dumps. You have to learn to look at the community and not just on your profit!

Because it will be profitable when you buy bitcoin today,when the price is down in the market,and if holding it in long term,price of bitcoin will be in a higher on that time,and you will earn too much more.