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Is Harvest Crude Oil Fund Suitable for Short-term or Long-term?
Harvest crude oil fund is suitable for short-term. The long-term price of crude oil fluctuates between $30 and 100. So it is meaningless for investors to hold it for a long time. Generally speaking, if it falls more, it will rise, and if it rises more, it will fall.

As a commodity, the price of crude oil is mainly determined by the relationship between supply and demand. Supply exceeds demand and prices fall; Supply exceeds demand and prices rise. Therefore, it is impossible for crude oil prices to continue to rise. Of course, the price of crude oil is also influenced by a series of factors such as geopolitics.

Therefore, this kind of tool funds also need to know about commodity futures and other related knowledge, buy from the perspective of configuration, and flexibly adjust positions, rather than holding a large amount for a long time.