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Topic: What are the things to consider when trading cryptocurrency and how to make a pr (Read 121 times)

legendary
Activity: 1834
Merit: 1208
Your suggestion are wrong, if you're only looking from the popularity you may end up invest in wrong coin. Market cap can be manipulated, especially when the creator of the coin has unlimited supply. They can create more coin out of thin air to make him rich without pay anything.

Waiting for few days wouldn't guarantee the price will increase, otherwise it might decrease more. As long as you not invest in shitcoins, you could hold it for few months or few years and high chance you'll profit.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
What do you think about this?
I think you're a bounty spammer hoping to earn Merit. Posting the same topic on 2 different boards isn't going to help you.

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Unlike paper currency, the value of this currency is not fixed.
The value of paper currency (fiat money?) isn't fixed either.

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The price of cryptocurrency fluctuates constantly.
The price of anything on a free market fluctuates constantly.

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A basically fluctuates like a stock index.
What's A?

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investors need to keep an eye on how popular the currency they want to invest in is.
Great! How much have you invested in Bitcoin? And what do you do to keep an eye on it's popularity?

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Since the prices of cryptocurrencies are not always the same, the price of coins often falls sharply.
So far, the value of Bitcoin has risen more than it has fallen. What's your point?

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The investor should not be disappointed, he should wait a few more days to benefit from the investment.
Or a few weeks, months or years. Or just keeps his bags of worthless shitcoins forever. How did you come up with your advice to "wait a few more days to benefit"?

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The amount of cryptocurrency coins and tokens is gaining popularity day by day,
Some of them, yes. Others don't. You can say the same about many things.

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It is said that in a very short time cryptocurrency will spread worldwide
Who said that? Cryptocurrency is already known in every corner of the world. What's your point?

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the market for cryptocurrency will expand rapidly.
Are you predicting the future with absolute certainty?
legendary
Activity: 3136
Merit: 3213
You should be posting or moving this topic and question into the Bitcoin discussion board !
Because here in the Meta board its only for Forum related things.
You can move your thread by yourself with the bottom of the left corner "Move Topic" if you want, before a moderator will make it.
Just wanted to let you know.
jr. member
Activity: 126
Merit: 1
We know that cryptocurrency is electronic currency. Unlike paper currency, the value of this currency is not fixed. The price of cryptocurrency fluctuates constantly. A basically fluctuates like a stock index. So if one wants to invest in cryptocurrency, there are a few things to keep in mind. In the meantime, investors need to keep an eye on how popular the currency they want to invest in is. Since the prices of cryptocurrencies are not always the same, the price of coins often falls sharply.The investor should not be disappointed, he should wait a few more days to benefit from the investment. The amount of cryptocurrency coins and tokens is gaining popularity day by day,It is said that in a very short time cryptocurrency will spread worldwide and the market for cryptocurrency will expand rapidly.
What do you think about this?
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