The cryptocurrency market is ever-changing. How should one choose between short-term and long-term trading?
In the crypto market, the choice between short-term and long-term trading confuses many participants. In fact, which method is more suitable depends not only on market fluctuations but also on individual time, energy, skills, and capital scale.
Many people wonder: Is it still suitable to do short-term trading now? If recent short-term trades have resulted in losses, the problem often lies not in the market but in one's own choices. The core of short-term trading is to enter and exit quickly, but when the market is in fierce contention between bulls and bears, even with excellent skills, it is difficult to achieve substantial profits. Frequent operations and heavy investments will only increase losses, so the entry position is extremely critical.
1. Who is suitable for short-term trading?
Those who can quickly adapt to market fluctuations and possess a high level of concentration. Short-term trading requires traders to closely monitor market dynamics and adjust strategies at any time. If one does not have enough time and energy to pay attention to the market, engaging in short-term trading during unclear market conditions is akin to gambling. This is also the reason why many short-term experts choose to trade lightly or even stay out of the market during volatile periods, waiting for better opportunities.
2. Who is suitable for long-term trading?
Long-term trading has a more stable rhythm and is suitable for those who cannot constantly monitor the market but have confidence in capturing major trends. When trading long-term, a market pullback that turns unrealized gains into unrealized losses is not a big issue. This is because the long-term goal is not short-term fluctuations but patiently waiting to seize larger trends. As long as one has enough trust in the assets held and does not waver easily, the market will ultimately provide returns.#币安Alpha上新 #韩国加密政策