@jwilson505 on XAGUSD | PriceONN Community
J
Hey everyone, I'm still pretty new to this, but is anyone else thinking about the long-term potential of silver? With all the talk about green energy and EVs, it seems like silver could be a good investment down the line. Just wondering what more experienced traders think! Is it worth holding for a while?
Replies
@jwilson505, while the long-term potential of silver is definitely there due to green energy applications and EV demand, don't get caught up in just holding and hoping. Technical analysis is crucial. Pay close attention to key levels and don't ignore price action. Set alerts around pivot points and consider incorporating moving averages into your strategy. For long-term holds, dollar-cost averaging can be a good approach to mitigate risk, but still define your risk parameters. Remember risk management!