2021-11-24 17:44:57
Is paper gold investment better in the long-term or in the short-term? Paper gold is a kind of personal voucher type gold. Investors buy and sell "virtual" gold on the book according to the quoted price of the bank. Individuals can buy low and sell high by grasping the trend of international gold prices, and earn the fluctuation difference of the gold price. Investors can only buy and sell. It is reflected in the "golden passbook account" opened by the individual in advance that no physical gold withdrawal and delivery take place.
Therefore, although spot gold and gold futures, which use gold as the trading object, continue to rise, paper gold always has its own development advantages and is recognized and trusted by traders. Investors can also choose different holding times according to their actual situation, which has the long and short-term points of paper gold investment.
1. Short-term trading
In the process of short-term trading of paper gold, investors’ holding time is relatively short. They only need to pay attention to the changes in the gold market in a short period of time, and do not need to pay additional holding overnight fees. They can fast forward according to the changes in the gold market in a short period of time. Quickly capture profit opportunities. When investors conduct short-term trading, they should ignore the amount of profit at one time and pay more attention to the number of times they can get profit.
To a large extent, it is because people are often affected by price changes in a short period of time. When they think they are correct, they can enter and exit quickly several times. This way, although the number of profits can be enough to make up for the lack of single profit, but Still have to pay a relatively high handling fee.
2. Long-term trading
Paper gold long-term traders generally have greater risk response capabilities, and they also value the market trends shown in the long-term development of the gold market, and generally require investors to have a higher market analysis and judgment ability. Be able to take advantage in trading and always maintain a calm trading mentality.
It can be seen from the gold price trend that its volatility is very small and its trend tends to remain independent. As a "stabilizer" and "insurance" in the investment portfolio, paper gold is more suitable for medium and long-term holdings.
The above is mainly to analyze the pros and cons of different trading methods based on the market performance of paper gold. In the actual judgment process, investors need to start from their own trading conditions and needs and formulate scientific and reasonable trading plans. Increase the possibility of more profitability in gold trading.
Risk Warning: The above content is for reference only, and does not represent JRFX’s position. JRFX does not assume any form of loss caused by any trading carried out in accordance with this article. Please consult your financial planner for your investment portfolios and manage your own risk.
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