Why choose LONG-TERM TRADING?

[ylnar123]

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]

Long term investment is good when the money invested does not affect your daily needs. And of course you are willing to take the consequences when the worst scenario comes or when your investment fail because of the volatility in cryptocurrencies. Just remember to only invest the amount you can afford to loss.

[rodskee]

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.

[nakkanak]

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

[PacePay]

These are good points from you. I also suggest for long term trade as in these type of trade we do not lose because the price go rise in long term. While sometimes it is better to remain short term as in some coins there is not much future.

[googs84]

Yeah good thoughts mate. Now I know very well that what I do is just holding and nothing else. I do capture the best sells in between when it comes to high rates per coin whichever it is, and then again buy and add more coins thus making it compound investment. So it's like more secure and pushing ahead type of trading. Each time I add more and more coins into it thus making the holding portfolio better each time. Off course it works best when o give some time for it to grow eventually.

[wuvdoll]

I agree with some of the things you have said with long term trading and I would want to buttress on the fact that it takes some level of knowledge as well for anyone who wants to at least thread this path most especially in this cryptocurrency world.

Many people just pick any coin or token to invest in based on their quantity and not the quality and that is pretty absurd as they are the types that always end up bag holding shit coins. One thing I like about long term trading though is the fact that it separates you from all the crazy noise in the market as all you just have to do is to look for the accumulation period and buy in and wait for those FOMO periods.

[otundebis]

The reason many seasoned trader choose long term trading as against short term is simply because er time in cryptocurrency market your asset become mature and development that follows such maturity bring so much value.

[iMark]

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.

Yeah everyone has different choices and it depends on some aspect, for me why people choose more on long term investment? first because it is safer and less risky, then you don't need special skills like daytrading required, you just need to be patient and wait longer, otherwise the profit earned will also be quite big as you wait for higher prices

[justdimin]

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.

It is actually the best for those who really do not have much idea about trading, but it still requires you to always have some strategy even with the long term trading as well. At least, you should know some basic stuff like supports and resistance, know how to use some of the indicators for long term divergence and at least also know how to manage some risk and when to sell.

All these things require some knowledge but apparently not as much as what a professional trader would need.

[Kunlejoe0]

I choose long term trading because long term trading create opportunities for you to gain maximally. You can buy in batches and sell Ib batches too. There is no pressure and you can also grow your position as well.

[Slow death]

[...]

You have detailed everything, but many people who buy and hold for a long time do it because it is more profitable instead of day trading that can bring losses and another important factor ia that are people who have lots of money, they do not need the money they invested long-term

right now since long term holding is little bit pathetic and cannot be trusted anymore due to scam alts entering the crypto market.

investing in altcoins has become much more risky

But let's assume that top 50 on market cap is the best right now but we still need to be cautious since anything might happen.

they are always changing, and there is a lot of altcoin that does not have a great use in real life

because as you can see all you have to do is to invest and keep it in the wallet while waiting for years if the coin is become successful.

this works if it is with bitcoin, with altcoin the is another story, we always have to be following the news about altcoin because you never know if you can open your wallet after years and discover that your altcoin is worth nothing

[eagle10]

If you are holding coin for long term, just be sure you are holding the right coin and the potential to grow at the right time is really expected. And what coin do I mean? These are coins with a purpose to live forever. I am holding bitcoin, ethereum, and ETC. Other coins can have potential to grow too over time just do your own research to get the right coin for long term investment.

[semobo]

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]

Precisely the long term investments can give the high returns and we no need to do any work for making that money.In trading we need to put effort to make money and it may not be that much like from investing in long term so trading can be cinsider as an job and it requires less capital and skills to do while investment needs good capital and the knowledge of selecting the best coin basically my opinion will be bitcoin.And bitcoin growth percentage is very huge when we see it in year by year so invest on bitcoin in long term and make your future brighter.

[robotrobert]

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.

That is a poor and sad way of wasting time. Definitely a big investment amount will bring big profits after holding an asset for a long duration of time but at the same time, asset itself holds high importance. For instance, no other coin can bring as tremendous profit as bitcoin can so even a small amount of the later one can increase capital of holder amazingly. Still, long term trading is not the most beneficial form.

[semobo]

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.

That is a poor and sad way of wasting time. Definitely a big investment amount will bring big profits after holding an asset for a long duration of time but at the same time, asset itself holds high importance. For instance, no other coin can bring as tremendous profit as bitcoin can so even a small amount of the later one can increase capital of holder amazingly. Still, long term trading is not the most beneficial form.

But in case of bitcoin the growth rate of last year almost reached 2000%,so if someone hold the value of $100 then it will turns into $2000 so long term is quite beneficial when it comes to bitcoin, basically very long term trading is also called as holding.

[mstfprcn]

this is me i am a long time trader because i have no time in order to change my strategy to day trading,thus i can protected myself for panic sells as well,and for the long term i will always win.

[charlotte04]

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 sometimes buy those shitcoins over the market and end up going down, so I might just keep them for holding long term.

[ophyrim]

Thank you for the thread.
I just want to add that sometimes waiting for a target sell point is also LONG-TERM TRADING.
For example, you joined the high potential ICO (probably pre-sale) and your target is X2 of the ICO price.
The time period is not predictable. X2 could be at the start of the exchange or in 6 months.

[beerlover]

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.

Normally, it depends on what you have, but one thing you also have to look at like you said is that long term trading actually requires some huge funds to be able to get the best from them. Also, picking of project is important. Some will do well in terms of profit, while some will not, but for those who can at least play their cards well, I believe they should be able to do well for themselves even with small funds. However, $100k is pretty too small for anyone who wants to go the long term way except they just want to invest it and wait for as long as they can.

[gegewojinnian18]

Long-term holding is the way that real investors should choose. If the market is turbulent, you need to operate to make a profit. Experts with superb skills can do this, but it is clear that there are not many such technicians, so it is not as simple as choosing a strong token for long-term control.