Take the long term
There is a prerequisite for taking a long-term position, that is, you must take a long-term position only if you make money or you are confident that it will make money. It is not possible to make a lot of money by taking a long-term position on any order.
For the former, for example, you bought a big pie at 1w5 last year and have been holding it for more than half a year until now. This is making money, and it is indeed possible to make more the longer you hold it;
The latter is like the currency hoarding party and the spot party. He believes that the long-term pie can reach hundreds of thousands of dollars, so he thinks the price is right. If he has spare money, he will buy it, 1w5 for 3w2, and he will buy it for three to five years, ten to eight years . This is confidence that money will be made.
Some friends have taken long-term positions on orders that have lost money. This is not called taking long-term positions, it is called holding orders. I bought it for 10 yuan. I originally planned to stop the loss when it fell to 9 yuan, but when it reached 8 yuan, I still had the order in my hand. I just said it was a long-term gain, but I thought in my heart I would buy it back. This is loss aversion, carrying orders, and a shortcut to sudden losses.
