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Questions tagged [long-term]

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MysticInfinity MysticInfinity Thu Mar 28 2024 | 5 answers 1192

Should I hold crypto long-term?

I've been hearing a lot about cryptocurrency lately and I'm considering investing. But I'm not sure if I should hold onto it for the long term or not. What do you think? Should I hold crypto long-term or should I trade it more frequently?

Should I hold crypto long-term?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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