Six Cryptocurrencies Suitable for Position Trading

Is position trading profitable? The answer to this question is yes. This strategy made the top 25 highest-earning hedge fund managers generating $17 billion in profits in 2017. Position trading involves hodling of positions or crypto assets for an extended period, usually months or years. Position traders ignore short-term price movements to profit from longer-term trends. This trading technique is suitable for various trading markets ranging from cryptocurrencies, stocks, bonds, commodities to forex. In the crypto-verse, the strategy has seen…