What is the typical length of time to hold a futures contract in the realm of digital assets?
Mahbi ZangoieMar 31, 2024 · a year ago1 answers
In the world of digital assets, how long is it usually recommended to hold a futures contract?
1 answers
- Grossman MorrisonMar 18, 2023 · 2 years agoAt BYDFi, we believe that the typical length of time to hold a futures contract in the realm of digital assets should be determined based on the individual's trading goals and risk appetite. Some traders may prefer to hold contracts for a short period of time, such as a few hours or days, to take advantage of short-term price movements. Others may have a more long-term investment approach and hold contracts for several weeks or even months. It's important to carefully consider your own trading strategy and risk tolerance before deciding on the length of time to hold a futures contract. Remember, the key is to stay informed and adapt your strategy as market conditions change.
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