I am new in cryptocurrency Trading. I want to know, Can i trade Future Trading for long term or short term...🙄
Depend on your capital and levarage that you use. If you have a huge capital and use low leverage then there is a chance for you to hold your position for long term. I'm sure there will be many investor who will do this.
But for myself I just choose short term trading, everytime I trade I'll choose directly the profit target. As an example I always use low capital like $100 then I'll only have a target $10 for every time I enter to the market.
At least I'll make two until three entry in one day using 4 time frame as a banchmark to see the market sentiment. Trading future is like trading spot, you can hold it for long term and short investment depend on your strategy and situation.