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Author Topic: Why choose LONG-TERM TRADING?  (Read 8454 times)
loveinberlin
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May 16, 2018, 10:10:23 AM
 #161

The long-term trading is much more preferable because it is possible to earn more compared to the short-term trading. It is better to control the market and be aware of price fluctuations.
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May 16, 2018, 10:41:50 AM
 #162

Long term trading is a good way to trade for the people who do not have much time. There are many advantages in long-term trading. First of all, it is safer than short-term trading. Second, you will have more time to analyze charts, coins, news which will make your prediction more correct.

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May 16, 2018, 11:02:46 AM
 #163

Long term trading is a good way to trade for the people who do not have much time. There are many advantages in long-term trading. First of all, it is safer than short-term trading. Second, you will have more time to analyze charts, coins, news which will make your prediction more correct.
Yes, long term trading creates opportunity of having good chance to be more profitable but not all of us choose long term trading since we are all have different status and decisions in life, like me I can only hold coin for a long time if I see that its value is not yet pass for my threshold level for trading. I will always do trade if its already gain even a small profit.

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May 16, 2018, 11:26:16 AM
 #164

There are lots of reasons, to name a few:

- no daily headache and hairloss
- less risk overall
- no deep technical knowledge required
- past time and not full time job

Greater profits can actually be reached when trading daily, but risks are also high

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May 16, 2018, 12:04:09 PM
 #165

Long term trading is good for those people who are afraid to have a loss in their pocket. Long term is good and recommended especially to those person who are newbie/beginner in this cryptocurrency world.
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May 16, 2018, 12:23:02 PM
 #166

Long term trading & investing is good for passive income. But I think it requires good patience not to panic and sell everything is case of bearish trends on the market.
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May 16, 2018, 01:02:07 PM
 #167

I used to day trade..thought I was successful...then did the math and figured out I could have made more money just holding these coins. Usually, day traders do quick flips..5-10% profit and they're out leaving a lot of profits on the table, because it often happens that coins grow by as much as 1000% given enough time. So I changed my strategy and became a long-term trader. Basically I buy solid and legitimate coins and hold them for weeks or months.
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May 16, 2018, 01:19:18 PM
 #168

daily trading need more skill and lucky than long-term trading bro. maybe you can make 5-10% per day just because we have a good market. if you back 2-3 years ago you will see
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May 16, 2018, 02:03:10 PM
 #169

I choose long term trading because it is the most easiest way to earn profit, Unlike daily trading which is stressful to do because you need to monitor the price fluctuation consistently. And in the same way, I have more time for my family and other extra curricular activities for the day.
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May 16, 2018, 02:33:49 PM
 #170

I choose long term trading because it is the most easiest way to earn profit, Unlike daily trading which is stressful to do because you need to monitor the price fluctuation consistently. And in the same way, I have more time for my family and other extra curricular activities for the day.

It's actually not that easy. I do check my portfolio everyday still and it still bums me out whenever I see a loss. Although, I know that the loss is just temporary.

At least with holding I get to work on other stuff. Active trading is really nerve wrecking and it just takes your time away.

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May 16, 2018, 03:14:17 PM
 #171

I choose long term trading because it is the most easiest way to earn profit, Unlike daily trading which is stressful to do because you need to monitor the price fluctuation consistently. And in the same way, I have more time for my family and other extra curricular activities for the day.

It's actually not that easy. I do check my portfolio everyday still and it still bums me out whenever I see a loss. Although, I know that the loss is just temporary.

At least with holding I get to work on other stuff. Active trading is really nerve wrecking and it just takes your time away.
We will need absolute patience when we have chosen long term trading, sometimes we see the market change and go in a direction that we do not want, the psychological challenge will be bigger than ever, full of emotions will be converging here. So, exactly as you say, long term trading is not as easy as many people say, and this option only emphasizes safety, profit is not too high, I really do not like long term trade, that just makes us miss the opportunities that are constantly appearing in the market

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May 16, 2018, 03:48:55 PM
 #172

I like to play long term because it is more safe and profitable though it takes a long time. I prefer to buy trading now and sell it next month
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May 16, 2018, 04:19:36 PM
 #173

    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 think a long journey investment is a treding system of lazy people because he invests and waits for results at the end of the story, if a coin goes up he is a lucky person, but if you go down do not regret it, because there must be time to ride as well.
    asyakashi
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    May 16, 2018, 04:41:10 PM
     #174

    I like to play long term because it is more safe and profitable though it takes a long time. I prefer to buy trading now and sell it next month
    If you hold a coin for only one month I think it's not a long term, because there are some coins that have an annual cycle like BTC.
    and the ERC20 token is the same, the token is influenced by the size of the community and the long project journey that takes several months to hold.

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    bering
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    May 16, 2018, 05:32:54 PM
     #175

    long term trading is good if there is people who want to save their money to cryptocurrencies and keep it idle because basically they have an actual jobs which mean they only invest and not to sold their asset for near future and long term trading also good to avoid panic sold because when they facing downtrend situations then most of them usually not interested to sold their crypto asset

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    James andrew
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    May 16, 2018, 06:08:16 PM
     #176

    Long term trading is good for big trader and it makes good profit and its future going to better for long term trader
    supercanada1
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    May 16, 2018, 09:36:13 PM
     #177

    Long term trading & investing is good for passive income. But I think it requires good patience not to panic and sell everything is case of bearish trends on the market.
    Long term trading concept is of great importance in the crypto business. Long term trading actually means to invest for long and trade after when the value of the portfolio is appreciated more than the incremental change that occurs daily. Such type of trading is good because you earn a whole portion of the change in prices of the per unit currency you are trading in. It is actually a life time trading and gives life long profits.
    alibaba93
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    May 16, 2018, 10:33:08 PM
     #178

      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 believe you should not trade for long periods of time, you may find that bitcoin prices in recent days are constantly fluctuating, constantly adjusting. That led to the market is falling down, most of the coins fell sharply and the market is flooded with red. In long term, bitcoin prices are in the bearish trend so the market is very risky at this time.
      EtherATM
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      May 16, 2018, 11:39:19 PM
       #179

      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.
      Honestly, I think that both of those trading way all bring us a  benefit in some way. Indeed, it is helpful for them or not , which depends much on their thought. Every people has their own way to do trading. With some  that short term trading is good because they find it help you get benefit easily. But some is not . they find long term trading is much more useful. I also think that trading for a long term is much more better, and probably people have tend to trade for long term than short term. I think trading required a big risk, thus when we trade for long term we can get not only skill, experience but also reap a huge benefits.
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      May 17, 2018, 02:19:23 AM
       #180

      Personally i would love to choose long term trading also because it doesn’t demand time to watch market fluctuations all the time. It won’t affect my daily routine and schedules i used to do, only the time will bring you to profit earning, as the time goes by your money invested in longterm trading will surely reap profits
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