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I think doge coin is good for short time investment but don't do long time investment in dogecoin i don't trust this cryptocurrency
You're correct. Just as now, the coin is on the down, it has seen its stock lower to -50% since the market went bearish. The coin came down from $303 to $203 this morning when i checked coinmarketcap.I think that the best cryptocurrency to look into if you are considering a short-term investment is probably the LTC coin. This coin has been noted to increase in value and decrease in value by quite a bit over the course of a day and in this way by able to sell at a higher price and buy at a low price.
This is a massive and significant drop in the price, however if you use LTC for a dip buying, strategically buying at various intervals to lower your average cost, you should be able to show a profit when teh market recovers.You're correct. Just as now, the coin is on the down, it has seen its stock lower to -50% since the market went bearish. The coin came down from $303 to $203 this morning when i checked coinmarketcap.
Yes, those who is buying now that the coin saw more than halve will gain enough as it is moving higher now, only yesterday saw +20% increase in the price of the coin.This is a massive and significant drop in the price, however if you use LTC for a dip buying, strategically buying at various intervals to lower your average cost, you should be able to show a profit when teh market recovers.
This is a great thing when it comes to using the LTC coin as a form of investment because you are able to trade it on a daily basis and still make a good profit. When I was heavily invested into the crypto-currency market I was trading this coin and making around $23 a day.Yes, those who is buying now that the coin saw more than halve will gain enough as it is moving higher now, only yesterday saw +20% increase in the price of the coin.
That's a good daily ROI you made from LTC trading. If it happens everyday you'll be thrilled for it, that's a reasonable amount of money to be made everyday through trading.This is a great thing when it comes to using the LTC coin as a form of investment because you are able to trade it on a daily basis and still make a good profit. When I was heavily invested into the crypto-currency market I was trading this coin and making around $23 a day.
Yes this was a good profit at the time if you set the buy and sell order to achieve it at teh right point even when you are away from your laptop however this was short lived, as i made a huge loss with one trade, and decided against it for now until i get more knowledge.That's a good daily ROI you made from LTC trading. If it happens everyday you'll be thrilled for it, that's a reasonable amount of money to be made everyday through trading.
Like now, if you embark on trading for the short time around BCH/USDT you'll earn cos BCH is growing everyday, and it is very profitable now that it is recovering.Yes this was a good profit at the time if you set the buy and sell order to achieve it at teh right point even when you are away from your laptop however this was short lived, as i made a huge loss with one trade, and decided against it for now until i get more knowledge.
one of the cryptocurrency that I know will be good for short time business return is Bitcoin cash because it can appreciate quickly and it is easy in terms of transaction.Cryptocurrency investments over sometime now have gone beyond bitcoin. People are now looking towards other small cryptocurrency. For short term cryptocurrency investment, you can invest on dogecoin or xrp. With Elon Musk support, dogecoin will surely rise in months.
Most of the people doesn't like waiting too long, that's why short time investment reads on their mind than the long time investment option. Xrp, DOGE, SHIBA, etc, are just perfect for short term.Cryptocurrency investments over sometime now have gone beyond bitcoin. People are now looking towards other small cryptocurrency. For short term cryptocurrency investment, you can invest on dogecoin or xrp. With Elon Musk support, dogecoin will surely rise in months.
I will say it's shit coins, they can increase overtime whenever there is a sharp increase in bitcoin and Ethereum prices, with that you're able to make profits and take back your investment capital at the same time.As we have coins for the long time investment, we also have coins that is good investment option for short time. It depends on your plans towards any investment option. Currently I'm planning to go on a short time investment option. Can you suggest me those Defi, Altcoins that have potential to rise with in the duration of one month??
Hmm, thanks for the suggestion. I've heard about how volatile shit coins are. It can increase within short period of time still falls within short time. Those who studied it well takes huge profit from the turn around.I will say it's shit coins, they can increase overtime whenever there is a sharp increase in bitcoin and Ethereum prices, with that you're able to make profits and take back your investment capital at the same time.
If you want to do invest in Cryptocurrency, then you should invest in a coin whose price is less Because of which you can earn money by trading and with this your knowledge will also increase that how you have to do trading This can save you from big lossesMaybe it is better before buying coins for shot term profit investment to first find groups of people online into trading. Because they signal which coin to buy, what time it will jump and lift. This is especially recommended for beginners like me, so that while studying trading, just follow the flow for a higher chance of profit than loss.