@colddune on XAGUSD | PriceONN Community

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Hello everyone! I'm relatively new to trading silver, and I'm trying to understand the best long-term strategies. Given its historical role as a safe haven, what are some common approaches to investing in XAGUSD for the long haul? Any advice or personal experiences would be greatly appreciated!
XAGUSD

Replies (2)

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colddune PRO newbie Feb 16
Update: Just wanted to add a bit more to my earlier question about long-term silver strategies. I'm specifically curious about how people manage risk when holding XAGUSD for an extended period. Do you rely more on stop-loss orders, or do you prefer to simply ride out the volatility? Also, how do you determine when it's time to take profits or cut losses on a longer-term trade? Any insights on that front would be great. Thanks again!
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daniel02 PRO newbie Mar 5
@colddune Hi Sarah, for long-term silver, I've heard some people buy physical silver as a hedge. But I'm not sure about holding XAGUSD long term with all the volatility. Maybe dollar-cost averaging could help?
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