Topic: Why choose LONG-TERM TRADING? - page 49. (Read 8516 times)
I completely agree with you that long term trading is the best way to earn money for beginner. Because you can not spend too much time to learn technical skill or trading skills
Yes.Even those who have stayed longer in trading but don't have enough skills,long-term is still preferable.It does not require too muck knowledge and skills,but at least you should know a little how the market works and even the coin you invested you should be wise enough to choose whether it has its own potentials or not.
And what exactly is the difference between long term trading and investment? In my opinion this is all a question of definition, but if you buy somethig with the intent to hold it longer and sell it later when its price has increased, then this is usually called investment. Or maybe investment and long term trading is the same but just uses two different words?
Long term trading will give you peace of mind, and good profits too... Always choose Long Term trading
I believe that one thing that you do not choose long-term trade in this time, you can see that bitcoin prices in the past few days are constantly fluctuating and difficult to predict, so long-term trade It is very dangerous, in long term, the bitcoin price is still in the downtrend so although it is recovering, bitcoin price may drop at any time.
Newbie or not, the hold is for everyone. When you trust in a project, you hold that's all.
Many people want to be traders in crypto market. Let be honest, 80% of them are new. It's easy to become a trader with the crypto, you don't need to study strategy, to pass exams, to get level & diploma. Just a KYC, login, money and boom you are a trader.
It's a fact. It's a dream for many people to be traders & get millions. But how many of them can be a confirmed traders capable to bet on Wall streets, Cac40, Brexit and others ? Let's say 10% maximum or more or less, i dont know.
Most of this new traders are playing on P&D, the rest is playing on SL and TP. And the most confirmed are not playing, they are trading.
That's why many people are loosing their investments, because they are not studying. The crypto market is not regulated, but when it will be (idk when), we will have big surprises when we will see the market closing at 7pm UTC and opening at 8am UTC lol.
95% of the traders will disappear and be holders.
So for me, ATM, the best strategy is holding even if you are old on the game. With this strategy, you are able to follow what's happening with the law & government and clearly react faster than others.
Many people want to be traders in crypto market. Let be honest, 80% of them are new. It's easy to become a trader with the crypto, you don't need to study strategy, to pass exams, to get level & diploma. Just a KYC, login, money and boom you are a trader.
It's a fact. It's a dream for many people to be traders & get millions. But how many of them can be a confirmed traders capable to bet on Wall streets, Cac40, Brexit and others ? Let's say 10% maximum or more or less, i dont know.
Most of this new traders are playing on P&D, the rest is playing on SL and TP. And the most confirmed are not playing, they are trading.
That's why many people are loosing their investments, because they are not studying. The crypto market is not regulated, but when it will be (idk when), we will have big surprises when we will see the market closing at 7pm UTC and opening at 8am UTC lol.
95% of the traders will disappear and be holders.
So for me, ATM, the best strategy is holding even if you are old on the game. With this strategy, you are able to follow what's happening with the law & government and clearly react faster than others.
I say this is a right step for them the newbie, the unstable emotional and also they're wh busy in their daylife. But it sometimes underteken by all profesional if their price are really realy bad. The long term trading depend on them minimal a week.
Buy coins for $ 100 and a year later to sell them for $ 120, this is not a long-term trade.
It is necessary to invest millions, so that after a long time they will bring profit.
All the rest is nonsense.
And when you do not have money, but there are a couple of coins, you can just sit and pray that they will grow a thousand times.
I agree with you, long-term trade for those who have a lot of money, and for those who do not know how and do not want to learn to trade..It is necessary to invest millions, so that after a long time they will bring profit.
All the rest is nonsense.
And when you do not have money, but there are a couple of coins, you can just sit and pray that they will grow a thousand times.
I completely agree with you that long term trading is the best way to earn money for beginner. Because you can not spend too much time to learn technical skill or trading skills
Those individuals who have no time and thought in exchanging are best fit into this sort of exchanging on the grounds that as should be obvious you should simply to put and keep it in the wallet while sitting tight for quite a long time if the coin is turned out to be effective. In any case, for those individuals who influence exchanging their all day to work it isn't that fit to their identity since they are the person who need to acquire cash regular. However, having those two in the meantime would be the best thing you can do in the event that you truly need to win cash yet the hazard are bend over too on the grounds that you really play the market by two ways.
Long-term trading is profitable especially when we hold coins that have great potential. but long trades require in-depth research in choosing a coin.
for me long-term for people dont have so much time for daily trading. just like me. we can't update every information on internet so it is very hard to track every altcoin you invest. so pick up some good coin and wait is a better strategy for this case
Long term trading may be picked by those who has no extra time to watch the price fluctuations regularly. They are people who do believe in a project or at other coins that already has good development and willing to invest and leave they investment for a longer time. Less stess with this kind of investment.
It may be or it may not be. Sometimes time is the element of selecting some other option and sometimes it is money and capital for investment. But in either case, you are allowed to go for a better profit if you chose long term profit. This is long term investment so you have to wait. And yes, this doesn’t need you to give your whole day and everything is just easy and smoothly going.
For a person who positioned cryptocurrency as a side job, I would strongly agree if I opted for long-term investment, not long-term trading. Because if trading will make someone overwhelmed who ultimately not focus to work and see the chart. As I know, studying the cryptocurrency trading chart takes a long time, not just a week or two.
I can be said as a beginner trader because only half a year I learn about trading and start trading. When I do day trading I was not focused to see the price movement per minute, but I just see the price of support and the location of price resistant. By doing so it is not too panic if indeed its price decreases, because the price will return to the origin.
I can be said as a beginner trader because only half a year I learn about trading and start trading. When I do day trading I was not focused to see the price movement per minute, but I just see the price of support and the location of price resistant. By doing so it is not too panic if indeed its price decreases, because the price will return to the origin.
Intraday trading is very risky as against long term trading can give a positive return if the company you invest in is a profit making business and its promoters are not involved in manupulating the companies market price.
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Thank you.
A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]
Thanks cryptoman1ac, I have a question for you?
1. what if holding because stuck market? meaning that I buy coins when the price is high.
2. how to determine the best buy position to holding, do I have to wait 1 year to buy low price and sell at high price?
thank you
1. Don't buy at peak thus buy at the bottom, I know it's hard to determine when to buy but I suggest buy in ladderize manner, first buy at 30% of your money then 40% and continue while it's dumping.
2. It really depends on the coin that you'll choose so better study the project carefully.
You're welcome.
~snip~
Thank you.
A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]
Thanks cryptoman1ac, I have a question for you?
1. what if holding because stuck market? meaning that I buy coins when the price is high.
2. how to determine the best buy position to holding, do I have to wait 1 year to buy low price and sell at high price?
thank you
Well I am not really a trader so I can't say a thing. In my case, I buy coins that shows potential which I base on their graphs or their ranking in the CMC and then Ill just hold it until I make profits.
Long term trading is not hassle play unlike day trading so i prefer long term. For me in terms of ptofit both has an equal result. But the advatage of long term I can do hang out with friends, play games, sit an relax, and most of all not stressful in life.
~snip~
Thank you.
A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]
Thanks cryptoman1ac, I have a question for you?
1. what if holding because stuck market? meaning that I buy coins when the price is high.
2. how to determine the best buy position to holding, do I have to wait 1 year to buy low price and sell at high price?
thank you
To do trading by Long term or short times , this decision should depend on the which level price you bought it. If you buy in the bottom is good idea to do long term trading, but if you buy in the higher price to be more safe to do short trading. All crypto price has high volatility, so when make jump in to crypto market should be have knowledge about trading, such as technical and fundamental analysis to avoid loss.
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