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Topic: Why choose LONG-TERM TRADING? - page 52. (Read 8516 times)

newbie
Activity: 103
Merit: 0
May 08, 2018, 06:37:58 PM
#43
I choose long term trading because I am not a fulltime crypto person, I can also make the maximum profit by holding it, daily trading is very fun but it will take up a lot of my time
full member
Activity: 2520
Merit: 204
May 08, 2018, 05:55:26 PM
#42
people have choice what kind of investment they want depends of the people many cryptocurrency enthusiast choosing both buying new cheapr coins in very low price and waiting to become increase in long term holding.

aside from long term hold specially those the people complete knowledge how make money in the day trading working  8 hours a day of higher hours to monitor the price value of the coin which the best had possible to increase within a day.
member
Activity: 350
Merit: 10
May 08, 2018, 05:45:15 PM
#41
hero member
Activity: 1176
Merit: 509
May 08, 2018, 05:19:05 PM
#40
I chose long term trading because it needs little time and management unlike in short term or day trading, you to.monitor the market every now and then. Aside from that, in long term trading, you can find the best price to sell your coins. If you thin k the current price of a coin will give you profit, you have an option to sell now or wait more. I'm a long term trader.
hero member
Activity: 798
Merit: 503
May 08, 2018, 04:39:21 PM
#39
Long-term or short-term are just explanations we give ourselves and there are in no way universal because the time one is interpreting as short term could be longterm for someone else. Holding for a month is longterm to other while its short term is to other. It is the outcome that would determine whether its beneficial or not and not at the beginning because no ones know what the price would be at the end of the maturity period. Let everyone do what he/she is comfortable with the outcome and not just some blank strategy.
member
Activity: 238
Merit: 13
May 08, 2018, 03:13:06 PM
#38
Trading is indeed difficult to do, you said.

at the same time, if you have little money, that is, investing is not the best solution. There is a risk of getting 40-50% per annum, which in the end will suit very few people.
Trading is everything for a beginner if he wants to quickly disperse his deposit.
But the catch is that you have to love trading, then you can learn how to do it.
full member
Activity: 448
Merit: 232
May 08, 2018, 03:02:49 PM
#37
Actually long term trading/ holding is good for people who does not know how to trade.

Just like investing they can just sell it when they think the profit is enough.

Also with this strategy you do not need to worry about price dips/crash because history shows that Bitcoin/stable coins will rise in the future.



I do not think that long-term investment is for those who don`t know how to trade. It is rather for those who don`t have time to trade. People choose long-term investment, because it requires a minimum of effort and time. Also, the minimum impact of foreign policy complications, wars and other crises, the minimum costs for the investor - storage is free, while transfers and cashing of crypto currency have small commissions, compared to the cost of services of banks for transfers and withdrawals. All these advantages make long-term investment quite attractive and promising.
hero member
Activity: 700
Merit: 500
May 08, 2018, 02:43:46 PM
#36
The action or activity of buying and selling goods and services called trading.You buy something for one price and sell it again for another-hopefully at higher price,thus making a profit and vice versa.Long term refers to holding an asset for an extended period of long trade,they bought an asset and are hoping the price will go up.When you go long-term investment,your profit potential is unlimited since the price of the asset can rise idenfinitely.In the long-term,profit is more and the problem is less because sometimes the price increases.
I do not think that there is any technical issue do discuss, i think that it is very simple to say that those people who do not have good experience in trading they should only invest their money in bitcoin for long term, because for long term investment they do not require to have good experience, they just need to hold their bitcoin and wait for the good time and and the price increase too much then they should sill it.
full member
Activity: 588
Merit: 100
May 08, 2018, 02:00:34 PM
#35
We should also note that whenever you opt in for a long term trading, your money or investment gets locked up to the coin that you bought, unlike a day trader who sells off immediately and buys in more and then continues the cycle. Also, long term trading is really for people who have 'guts' and they really trust the coin they bought because the price can stay low for months/years before seeing any positive results.
I like the part that says long term investors don't experience a lot of hustle. You don't constantly check price, read news, stay behind desktops for long hours, don't get time to sleep and so on. All you have to do as a long term holder is to wait! wait! wait!
hero member
Activity: 2926
Merit: 640
May 08, 2018, 01:39:46 PM
#34
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
  • works at least 8 hours a day
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...
Yeah, it is as simple as not even doing anything at all and only having your portfolio accumulated somewhere you can easily monitor how they are doing. Nevertheless, long term trading is not as easy as some may be putting it as you may still need some knowledge and some who consider themselves long term traders still do better when they know some technical stuff to play some advantage in the market.

The good thing is that you do not need much stress of day to day corrections in the market with long term trading as you target is usually the FOMOs.
full member
Activity: 303
Merit: 100
May 08, 2018, 01:21:24 PM
#33
The only downside to long term trading and holding is that your capital is tied up in those coins for a large period of time. If you are okay with capital tied up then trade this way, but if you may need the capital for food or rent in less than 6 months I would strongly advocate swing trading if not day trading.
member
Activity: 616
Merit: 11
May 08, 2018, 01:16:12 PM
#32
When working full time it is the only way to trade, unless you use a mobile phone secretly at your desk but someone will eventually see and your job will be at risk. Need to pick the right investments when doing long term trading e.g. NEO, LISK, and low cap privacy coins
sr. member
Activity: 1400
Merit: 283
May 08, 2018, 01:15:41 PM
#31
Long term trading might seem like a good and a safe strategy, but in the end it is as risky and hard as the short term trading and requires a lot of patience, so there is not a huge difference here, treading should not be set to long term or short term, trading should be something done smart, for example people who bought bitcoin last year at 1k and sold it at 20k they were able to make nearly 2000% profit, and if they waited till march where it reached 6k they would be able to buy again and have 8k profit in their pocket, it is all about acting smart and knowing what to do in a certain situation.
newbie
Activity: 14
Merit: 0
May 08, 2018, 11:22:54 AM
#30
At a minimum, this should not be your last money. You must forget about their existence for 6-12 months. And do not look every day on the course. I did this to Ripple - I bought it and forgot, in a year I'll see what happens.
legendary
Activity: 1834
Merit: 1036
May 08, 2018, 10:49:45 AM
#29
Long term trading can be profitable minus the stress of checking the price of crypto on a daily basis to check how your investment is doing however, there's a catch on long term trading. You need to make sure that the alt that you are holding will last long according to your target because there are tokens or coins out there that get delisted. Bottom line is still be careful on where you put your money.
hero member
Activity: 3010
Merit: 794
May 08, 2018, 10:46:58 AM
#28
Fantastic list and explanation, most of the people underestimate long term trading and keep on panic when the price fall down, but if you choose the correct project to invest then don't worry to invest for long term, long term really suitable for the one that only got basic trading and don't have. Alot of time to pay attention to the chart, but in long term trading you need to have a good mental and high faith
The question is that there are only a few numbers of projects would really have the potential to sustain itself when it comes for long term prospects.People doesnt underestimate long term trades but they do always fall out with their emotions and worries when they do saw price decrease of their holdings but there are really people who dont even mind on going for long term but rather they do choose up to utilize of coin volatileness which will make profits for them on short time basis.They do embrace the risk when it regards to short trading but on most cases people do choose up on holding but some people are impatient to do such thing.
member
Activity: 1021
Merit: 12
May 08, 2018, 10:41:35 AM
#27
legendary
Activity: 1666
Merit: 1001
May 08, 2018, 10:14:56 AM
#26
Fantastic list and explanation, most of the people underestimate long term trading and keep on panic when the price fall down, but if you choose the correct project to invest then don't worry to invest for long term, long term really suitable for the one that only got basic trading and don't have. Alot of time to pay attention to the chart, but in long term trading you need to have a good mental and high faith
sr. member
Activity: 1078
Merit: 256
May 08, 2018, 10:06:30 AM
#25
Long term trading naturally allow for growth to happen naturally. You will notice this as you trade in and out if a quality cryptocurrency asset that is back by solid tech, dev and the community
With how you understood the project was, then dealing with long term holds is a wise decision, allowing the dev to accomplished its promise and let the project to continue to progress, people who did their research before investing and holding a coins or project will be able to keep their assets being hold for a target value, even dip won't hurt their butts since they understand that it's just a part of the cycle coming from this trading business/investment that they have.
jr. member
Activity: 147
Merit: 2
May 08, 2018, 10:02:54 AM
#24
The action or activity of buying and selling goods and services called trading.You buy something for one price and sell it again for another-hopefully at higher price,thus making a profit and vice versa.Long term refers to holding an asset for an extended period of long trade,they bought an asset and are hoping the price will go up.When you go long-term investment,your profit potential is unlimited since the price of the asset can rise idenfinitely.In the long-term,profit is more and the problem is less because sometimes the price increases.
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