That's correct, you can use this versatile piece of jewelry as a bracelet or as a necklace.  

Each strand features colorful opaque seed beads interrupted by two sections of metallic beads and finished with a tassel in matching colored thread. These stretchy strands can be worn long as a necklace or looped around the wrist several times for a bracelet.

• 13" long, with a 1" tassel
• brass, seed beads
• choose between hot pink/silver, orange/gold, teal/gold, turquoise/silver, cobalt/gold, and plum/gold.
• handmade in India
• fair trade