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What is the typical length of time to hold a futures contract in the realm of digital assets?

avatarQuang Cao Billboard VNDec 26, 2021 · 3 years ago1 answers

In the world of digital assets, how long is it usually recommended to hold a futures contract?

What is the typical length of time to hold a futures contract in the realm of digital assets?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At 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.