How long do you hold on a trade.

[Visbay]

in trading what is needed is patience, especially with the current market conditions which may be difficult to be able to get a profit, and many may hold for a long time to wait for the right moment to sell

We must have patience and we should have the ability to keep waiting for the market to be decided by us. It’s good to fix your goal for investing for long term trading and till then it's not a wise thing to trade until you get your target. We should trade for the long term it’s good for us. I think people should have patience as it’s the most important thing for trade.

Patience is not the only we could make money in crypto but instead, we need to become smart and wise in all the activities we have. For patients won't simply work so easy, just like what I did last year and I keep holding some of my altcoins but I've got now, it is nothing...the price went down badly and too far from the day that I bought it. It gives me learning and that holding aren't profitable but it also a reason for us to lose.

Patient + fundamental knowledge about trading is quite helpful and profitable though it's not enough to deal with the market's volatility at all times. You are right just being patient won't take you long of your destination here in trading, proper knowledge and being adept does. Bitcoin isn't that volatile as of the moment, I suggest to look for other altcoin that you can maximize the potential.

And for now, I only just hold for a week otherwise, I need to sacrifice and diversify my investment. Its something we need to track every market change and take advantage of every fluctuation that may happen rather than wait for a huge increase cause it seems to be unpredictable.

I also diversify my investment in crypto to possibly gain in many ways but Imma tell you it is also risky although diversification enables you to gain from any direction it is just an average returns on investment.

Yeah, there are so many ways to get earning from trading by long term trading and holding. It’s hard to diversify when you are aware of market moments. I personally make analyzation and hold my trading coin until I feel it’s safe to keep holding and selling will make me suffer loose. I try to trade for a year or two but for this, looking at market conditions is important though.

[ice098]

There's no way to recover your loses if you quit in the middle of the game, trading is not an easy task there's a lots of factors to consider if you know how place your entry and you do believe that you are comfortable with your pick. Holding for quite some time will give you a good call for your investment. Trust your instincts and keep yourself positive.

Continue to trade, we dont have a choice but to trade and accept the fact that we are not gaining profits always we should be open minded in everything, losing money is to painful but not learning from it , and making a good trade for the next try will the only way that you could forget what you have lose.

[cabron]

Pick a price that is possibly going to be chosen before its price will be considered overbought so that when it goes down you still can buy again the BTC you sold when it dips again. Picking a daily chart isn't a the best option if you are not that patient. Pick the hourly time frame because this fits for the trader with very little patience all of you and them are going to there.

[BitcoinTurk]

trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

It varies according to the transactions performed, the pairs used and the use of stop loss or take profit. Since all of my trades are short term, my longest hodl period is up to 7 days. Of course, in some cases and according to the news flow of the coming days, there are crypto currencies that I purchase for a longer term, but my transactions are usually completed within a maximum of 7 days, and at the end of that process my main capital is completely transferred to Bitcoin. In some cases, I may end up with daily transactions as well as daily transactions. To sum up, my hodl period varies completely according to market conditions.

[barota]

generally hold bitcoin for long term is better . i think buying and selling everyday can make some increasing in lose also fees . i think when prices does not calm everyone should not trading . for example if you sell your bitcoin in recent drop because of greed probabily you lost and you will buy expensive now or if prices rise again

[carlfebz2]

trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

It varies according to the transactions performed, the pairs used and the use of stop loss or take profit. Since all of my trades are short term, my longest hodl period is up to 7 days. Of course, in some cases and according to the news flow of the coming days, there are crypto currencies that I purchase for a longer term, but my transactions are usually completed within a maximum of 7 days, and at the end of that process my main capital is completely transferred to Bitcoin. In some cases, I may end up with daily transactions as well as daily transactions. To sum up, my hodl period varies completely according to market conditions.

It would all vary on market conditions specially if you do set up SL and TP into your positions and once been hit then theres no significant days needed for you to wait.
7days is quite a considerable maximum time allocation for such position but on my side i do consider on putting 10 days and same as yours which not all ending up on the same
yet it will vary on market situations.So this question would vary from each person yet they do have different approach into their current  trading styles.

[radjie]

trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

to be able to make a profit in trading, of course we must have extra patience, novice trader or veteran if he is not sure of the transaction that he canceled because he was impatient in doing so of course the opportunity to be able to make a big profit until whenever he will not feel it if he keeps repeating the same thing, even he can only regret having passed a great opportunity that he almost feels.

[Barbut]

I don't hold on trade for a long time, I buy a coin and I plan to hold it for a long time before I sell. I tried day trading, short term trading, but I had only losses and just few times I made some nice profit, overall I lost a lot of money. It was a lesson for me, after that, I made much more profit with long term trading. Now I just do that, I'm not interested in anything that is short term, it's a huge risk when it's short term, and I don't wish to risk that much anymore.

[Assface16678]

trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

to be able to make a profit in trading, of course we must have extra patience, novice trader or veteran if he is not sure of the transaction that he canceled because he was impatient in doing so of course the opportunity to be able to make a big profit until whenever he will not feel it if he keeps repeating the same thing, even he can only regret having passed a great opportunity that he almost feels.

In trading, we have different tactics to earn profit most of the time people don't want to wait for a long time to make more money, so they use the short term trading to earn in their everyday trading. Most of the time they are just holding their coins in just almost a day or a week because the price of the currency is volatile every time it changes so you cannot skip a time to earn. But in long term trading, it takes time to get more profitable one of the best example is the bitcoin, bitcoin price is just one thousand dollars, and many investors try this coin and become famous in 2017. The amount grows up over 1,700 dollars if you are trying to compare the difference of your investment from the previous years, it has a huge profit to you, in long term investment it takes a month or a year before to earn a profit. Any of those investments still you need to give your full patience because it's not easy to make money you need to work hard to earn it.

[The Cryptovator]

i just curious to know if there is any sure way to this trading were by you hold on a trade.

Depend on trade duration. There is different kind of trade like short, middle and long term. Every traders playing different way. For me, if I wanna do short trade or day trade then I do not look for huge profits. Usually 10-20% enough for such as trade. So when a coin reach between that percentage then I sold that coins. If incase start dump my bought coin the usually I sold around 5 to 7% loss and wait to buy on more deep. So perhaps other peoples are doing other way. For middle time I look atleast more than 50% profits usually. So when go around 50% to 100% profit then sold middle terms coins. For long not below  3x to 10x profits. So you have to decide bu yourself how you wanna trade your coins. Because every single person have their own strategy.

[sayaya17]

Long time holding a coin in trading, it does not become a benchmark for me, the most important thing when there is a moment of making a profit, then I will sell my coins. Because seeing this market situation, getting a little profit is good. It's better to get a little profit than having to hold on for a long time or lose. because with the current market conditions, hold the duration sometimes the coin  becomes down  and take a long time to go back up.

[Inkdatar]

Long time holding a coin in trading, it does not become a benchmark for me, the most important thing when there is a moment of making a profit, then I will sell my coins. Because seeing this market situation, getting a little profit is good. It's better to get a little profit than having to hold on for a long time or lose. because with the current market conditions, hold the duration sometimes the coin  becomes down  and take a long time to go back up.

It really depends on how we can manage to hold when trading. Well, that’s also good to have a profit at least any amount since the price can be in down or rising. So if the project is good and it’s team is very active in the market we can do hold on a trade depends on our duration until such time it’s meet our goal to have a profit.

[MI6]

Long time holding a coin in trading, it does not become a benchmark for me, the most important thing when there is a moment of making a profit, then I will sell my coins. Because seeing this market situation, getting a little profit is good. It's better to get a little profit than having to hold on for a long time or lose. because with the current market conditions, hold the duration sometimes the coin  becomes down  and take a long time to go back up.

It really depends on how we can manage to hold when trading. Well, that’s also good to have a profit at least any amount since the price can be in down or rising. So if the project is good and it’s team is very active in the market we can do hold on a trade depends on our duration until such time it’s meet our goal to have a profit.

When it is worth to hold, i think hold is not a bad thing. But for altcoin, like what you said,  hold must be really careful. Because a lot of coin especially token when you said "project" will keep dumped and hold longer can made us lose. But for bitcoin, i really believe although dumped only need time for bitcoin price to increased again.

[d3nz]

Long time holding a coin in trading, it does not become a benchmark for me, the most important thing when there is a moment of making a profit, then I will sell my coins. Because seeing this market situation, getting a little profit is good. It's better to get a little profit than having to hold on for a long time or lose. because with the current market conditions, hold the duration sometimes the coin  becomes down  and take a long time to go back up.

That's right. It is not really practical for long term holding an altcoin because the value will surely plummet and gaining a profit will only be lessen and decrease your assets value. It would take time to recover because of panic selling if investors see a big dump happening on market.

And only the best time to hold is when you bought it really cheal that you think it will no go much lower. And only sell it when a pump happens thay would be a practical and will surely gain a profit.

[Question123]

They have times that your patient will be test in the trading because they have times that the coin not increasing or it decreasing but the good with that is you need to commit about your goal price and don't cancel your what already plan because if you still follow it the success will be yours just like what happen to the trader who invest when the crypto started and they still now look most of them they are millionaire and some of them are billionaire . Hold until your reach your price and get a hige profit don't be impatient.

[Darooghe]

trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

It was hard for me to understand at first but I suggest creating a strategy and plan that allows you to know when you'll exit with profit or with loss before executing the trade. It does not matter how long your trade takes. time is arbitrary and you don't control the market. set up a trade and wait for it to either hit your take profit or stop loss. sometimes the move you expect takes 10 minutes sometimes it takes 10 days or 10 weeks. If you don't have patience you are going to have a bad time.

[AliMan]

Long time holding a coin in trading, it does not become a benchmark for me, the most important thing when there is a moment of making a profit, then I will sell my coins. Because seeing this market situation, getting a little profit is good. It's better to get a little profit than having to hold on for a long time or lose. because with the current market conditions, hold the duration sometimes the coin  becomes down  and take a long time to go back up.

It really depends on how we can manage to hold when trading. Well, that’s also good to have a profit at least any amount since the price can be in down or rising. So if the project is good and it’s team is very active in the market we can do hold on a trade depends on our duration until such time it’s meet our goal to have a profit.

When it is worth to hold, i think hold is not a bad thing. But for altcoin, like what you said,  hold must be really careful. Because a lot of coin especially token when you said "project" will keep dumped and hold longer can made us lose. But for bitcoin, i really believe although dumped only need time for bitcoin price to increased again.

Holding altcoins was really a disgusting thing to expect for this time, and there's no legit projects to be called sustainable in the long process. The market behavior remains so uncertain and unpredictable while bearish market continues to pull down cryptocurrency value despite of the attempt of increase. Many of us expects successful recovery, but it was just frustrating while we hold altcoins for such a long time.

[Meowth05]

trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.

It was hard for me to understand at first but I suggest creating a strategy and plan that allows you to know when you'll exit with profit or with loss before executing the trade. It does not matter how long your trade takes. time is arbitrary and you don't control the market. set up a trade and wait for it to either hit your take profit or stop loss. sometimes the move you expect takes 10 minutes sometimes it takes 10 days or 10 weeks. If you don't have patience you are going to have a bad time.

As a trader, I personally wait for the market to fluctuates before I make a trade though it takes a lot of time I do still wait for it. In this kind of market, patience is the key because you will never know what and when the markets make a move. Having a strategy or plan upon your trade would be the best to do in this kind of work. Besides, as a trader you are ought to monitor the market or have a notification about the market.

[dioanna]

I am still studying and trying to improve my trading, I admit my greatest enemy is greed and I am really disappointed about it but all I can do is to keep on trying because trading is what I want to do and I see myself trading still in the next 5 years of my life.

[huige007]

I am still studying and trying to improve my trading, I admit my greatest enemy is greed and I am really disappointed about it but all I can do is to keep on trying because trading is what I want to do and I see myself trading still in the next 5 years of my life.

You can always turn your weakness into your strength. Do not hate what you have or what you fell rather come up with a way to overcome and tame such stuff. It is not only you who are greedy but every one of us desire a luxurious life and there is nothing wrong with this. If you have skills to make money some way, why won’t you? Try trading with bitcoin using a demo account and then fulfill your dreams.