Unlike a regular cryptocurrency purchase, MultiHODL allows you to benefit from both rising and falling markets by opening positions in either direction.
When opening a MultiHODL position, select the direction that matches your market expectations — a BUY ↗ position is designed to benefit from rising prices. While a SELL ↘ position is designed to benefit from falling prices.
Your profit or loss depends on how the market moves relative to the direction you selected.
❓Frequently Asked Questions (FAQ)
❓Frequently Asked Questions (FAQ)
Can I change the position direction after opening a trade?
Yes. Active MultiHODL positions can be reversed using the Flip to feature.
When a position is flipped, the current position is closed and a new position in the opposite direction is opened at the current market price.
Can I open both BUY and SELL positions at the same time?
Yes. MultiHODL allows you to have both BUY and SELL positions open simultaneously, including on the same asset.
Some traders use this approach as a hedging strategy to reduce directional market risk or take advantage of market movements in both directions.
You can learn more about this approach in our article on lock trading.
Which direction is less risky: BUY or SELL?
Neither direction is inherently less risky. The risk depends on market conditions, the selected multiplier, and how the position is managed.
Do I need to own the traded asset before opening a position?
No. MultiHODL positions are opened using the funds you provide as collateral.
For example, you can use EUR to open a position on BTC even if you do not currently own any BTC.
Do BUY and SELL positions have different fees?
No. The same MultiHODL fee structure applies to both directions.