There is no right or wrong in terms of long-term and short-term. Maybe for many people, there is no long-term or short-term at all, just like me. Anyway, you can do whatever you can to make money.
Take me as an example. I do trend trading and mostly follow the trend. For example, I enter the LPT market in 15 minutes in the morning. From a cycle perspective, as long as the trend is still there in 15 minutes, I can continue to follow the trend. No matter how much it will rise, many people are following the 15-minute trend and want to get 1 hour or even 4 hours of space. This is actually not impossible. This requires comprehensive judgment after the trend comes out later, but no matter how much you want to get , at least make sure that your order is profitable, because it takes a bit of luck to achieve a big cycle in a small cycle, and it is not always possible.
Therefore, when I make copycats based on the 15-minute trend combined with the pressure level, I usually close it once. If the trend is very strong and the market has no risk of falling, I will continue to hold a part of the position. However, in the current environment, I will most likely not get a double. It would be nice to get 50%, but if the market moves very fast, of course you can get it, but you need luck.
This is a bear market strategy. If there is a bull market, there is capital speculation, and there are hot spots, of course I will hold the position longer and operate in a larger cycle.
Risk warning: Altcoins are highly volatile, so operate with a small position and make a big gain with a small amount. $BTC $LPT
Thank you all for your attention, please like and repost.
I wish everyone happy making money.
