How to Decide Long-Term vs. Short-Term Crypto Bags

Hello traders, welcome to another blog. I assume you are also looking at your phone at 2am midnight and checking crypto price to see if you have to go to work in the morning or not. If yes then you are not alone kings and queens.

Now let’s talk business. Sometimes we are confused about which crypto we should hold for the long term and which one we should keep for the short term. And if long term, then how long?

In this confusion, we can’t plan our exit strategy perfectly. We can’t take profit in time, and then the price of the asset returns to our entry point or drops even lower.

Today we will discuss how to decide on short- and long-term bags and, if long, then how long.

1. Your Expectation from a Certain Asset

This is an important thing to figure out when you buy an asset or enter a trade. You need to figure out what you expect from an individual crypto. There are a few points that can help you with this:

• Solid Use Case: Does the project solve a real-world problem or bring innovation? Examples: Ethereum’s smart contracts, Bitcoin’s role as digital gold.