Quote from: tvplus006 on Today at 09:57:12 AM

Long-term trading can be profitable only if you correctly determine the direction of the market movement. Otherwise, you can turn from a trader to a holder for a long time, which can be calculated in years. If you do not need to regularly withdraw funds from your crypto wallet to meet your needs, then long-term trading will be more attractive.

If the direction of the market is incorrectly determined, you will become a holder in any type of trade. It is clear that long-term trading is, first of all, a tactic of waiting, sometimes a very long wait. And if you need to live off the money from trading, then it is wiser to switch to short-term or medium-term trading. And long-term trading at a distance is always a plus if we are talking about bitcoin. Bitcoin has always been on the rise historically. This raises the question of how long you are willing to wait to get a profit.

In my opinion, long-term trading is already the highest level of trading. When you are fully secured and can freely sit in the deal for 1-2 years. Maybe even during this time, gradually increasing the position, buying in addition on corrections. Therefore, the balance for such trading must also be impressive.