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Is it easy to make money when cryptocurrency is very volatile?

deucher

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Mar 19, 2023
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There are cryptocurrencies that are stable and move together with the price of bitcoin, but there are some special ones that can move more volatile and more often, because it is easier to make money on such because you can buy cheap in the morning and sell expensive in the evening
 
If volatility is high and you are an experienced trader in the crypto market, it can be really easy to make some money in the market, I like it when there is high volatility in the market, as that means high chances of returns, also of losses if you don't execute your strategy well.
 
If you are into trading, it is easier to make money from the crypto market when the market is volatile. When the market is volatile, the price fluctuates too frequently and you might easily make money. However, you need the ability to understand signals and make appropriate predictions of the prices.
 

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