Why choose LONG-TERM TRADING?

[cryptoman1ac]

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]

[Nerman]

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.

[FiveReelsTwo]

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...

[Andrey123]

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.

[Dimon8]

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..

[hugeblack]

Since March, the price of bitcoin has seen some stability, so holding for long-term is better than selling at the first possible high.
In addition to what you mentioned above, I would like to draw the following:
 
  1. Do not invest without a specific goal: No matter how long you spend, if you do not have a clear plan to make gains, you will probably lose.
  2. Do not sell if you do not achieve the planned profit: If the price remains stable for long-time, it does not mean that it will not pick up again soon
  3. Do not let bad news or price collapse affect your decision: stop listening to FUD

[Ranillo79]

Yes long term trading is a good way to earn me without hassle. Because you can buy a coin at its dump, after you can leave and didnt take a look day by day. Just do what you want and after a while visit the price and hopefully it will double or triple your investment. Long trading is good for an individual who had no time do or be full time in crypto

[kaizerblitz]

I agree with that long term investment in trading is very profitable but still you have to wait long if you want to have a good profit just like bitcoin happen way back in 2011 bitcoin price is too cheap that time if you bought thousands of bitcoin you are rich now.

[Idrisu]

Thank you sir for sharing this knowledge with us and I hope the newbies learn from those information.  We are having an unstable market since January this year and for you to actually make money you have to hold for a very long time.  However the level you buy also matter as a long-term traders and most of the traders do buy into a coins at a very wrong time and prices and expect to hold long and makes profits.

[slackcryptoz]

Long term trading gives an assured profit after certain time period. As mentioned by the Op it can be of weeks, months or years. When compared to the earning an user makes through short term trading the long term trading profit seems low. So, it is good to get into continuous trading which will help with earning the goodness of long term trading as well.

[investeerder]

So skeptical when long term trading is involve on talks since I try to lose more money on that matters when my coins died and turns no value. That's why i prefered to do a short trade or monitored trade so that those mistake will not come to me anymore. And the only one I hold for now for long term purposes is the bitcoin but with alts? I think its No for me since their's no good among them nowadays.

[seramania]

long term trading if successful and have good luck will get a big profit, many traders who have big capital more trust for long-term trading and ready to accept the risk of profit or loss. so if you do not have the trust and good skill long term trading is very risky.

[investeerder]

long term trading if successful and have good luck will get a big profit, many traders who have big capital more trust for long-term trading and ready to accept the risk of profit or loss. so if you do not have the trust and good skill long term trading is very risky.

Sometimes we need to lurk for the dump coins and sell them off when pump came's and I think that is the new scheme made by the traders right now since long term holding is little bit pathetic and cannot be trusted anymore due to scam alts entering the crypto market. 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.

[Jlv]

Better to choose long term trading for more profit to earned and less hassle to check everyday so that you can do other things that you might be earned also.

[Pursuer]

yes it is all correct but only if you are talking about a well established market with little to no manipulation and a solid demand from ream buyers and also most important of all: a good long term potential.
this simple definition limits you to bitcoin and even bitcoin doesn't fit all of the conditions since it is still a small market and is manipulated to some extent. when you talk generally and cover altcoins too then it means you are wrong. the altcoins are never good long term investments and you can do it and make profit too but you will be taking a huge risk and it will be more like a gamble instead of a trade.

[Markyway88]

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 does not take few weeks/months only, it takes years for a long term trader to sell his/her coin. Probably, around 4 to 5 years. Long term trader are more profitable because there specially when his coin has dividends where he can get his revenue. Most of the time, long term traders are the one who have many coins and money to sustain their economic needs. If your hand is weaker then you are not belong to the family of long term investor.[/list]

[wayancrypto]

To do long term trading we also should spend times to learn fundamental of that coin, when you know that coins has massive potential and has big community to support it , you can hold that your coin but offcource you have to buy it in the support area ot in the bottom price. Long term trading will be better by duration in a few month, not a years, because any posibility the price will going back to the bottom because the volatility of crypto too high.

[otunayode]

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

[liivii]

Those people who have no time and idea in trading are best fit into this kind of trading 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. But for those people who make trading their full time job it is not that fit to their personality because they are the one who want to earn money everyday. But having those two at the same time would be the best thing you can do if you really want to earn money but the risk are double up too because you actually play the market by two ways.

[herurist]

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 like long term period because I don't have time to see the market chart. Second reason is, I already know basic knowledge and market works but sometimes my greedy kill the profit. Long term trading/ investment make me keep patience to wait the right time to enter/ out from market, very helpful. Because those thing I use it until now and I only need to learn the right coin to trade/ invest, very easy but always careful with our asset is also needed.