Trader Long or Short:

In trading, the two fundamental strategies are going long (buying) and going short (selling initially).

Going Long (Buying):

* Goal: Profit from an increase in the price of an asset.

* Premise: You believe the price will go up.

* Mechanism: You buy the asset and sell it later at a higher price.

Going Short (Selling Initially):

* Goal: Profit from a decrease in the price of an asset.

* Premise: You believe the price will go down.

* Mechanism: You borrow the asset, sell it, and buy it back later at a lower price to return it.

Choosing a Strategy:

The decision depends on your analysis (technical and fundamental), market conditions, and your risk tolerance. Short selling is generally considered riskier.

Conclusion:

Going long and going short are two essential ways to participate in the markets. Understanding both is key for a versatile trader.

What do you prefer ? Write me your strategy ...

#BinanceHODLerSTO #StablecoinPayments #AltcoinETFsPostponed #StrategicBTCReserve