[ATNET Crypto Trading Glossary] LTH (Long-Term Holding)

jargon     · [crypto-jargon]
What do crypto traders call LTH and how to do it right?

In crypto, LTH stands either for “Long-Term Holding” or “Long-Term Holder”.

A person who is a “Long-Term Holder” is someone who invested in cryptocurrencies for at least several years. LTH is not a short-term market speculation, but a long-term bullish opinion on a cryptocurrency or blockchain in general.

LTH and DCA

Very often, “Long-Term Holder” will practice the strategy of DCA, or dollar cost averaging, to purchase cryptocurrency. This is done to avoid any speculation at whatsoever.

Often the purchasing process is automated as well, to minimize psychological impact that might come with the price volatility of cryptocurrencies.

The most popular crypto wallet among LTHs is the Ledger wallet.

Best Tools for Crypto DCA (Dollar Cost Averaging)

  • Trading Platform: Independent Reserve (Aussie exchange with DCA AutoSchedule function)
  • Technical Analysis: None at all!
  • Charting App: None at all!

 

Want to *really* learn crypto charting & technical analysis?

Hate to break it to you, but there's no trading school, no neatly structured course and no simple how to.
Read our articles to get familiar with the tools, but try everything hands on. Trading will press your emotions, you can only really learn it as you go.

All the good crypto charting tools and platforms are accessible for FREE in either TradingView app or at Bitfinex. Just start!

Get TradingView Signup at Bitfinex