How can I invest 35000 yen in digital currencies?
Muhammad Asim NaveedDec 29, 2021 · 3 years ago1 answers
I have 35000 yen and I want to invest it in digital currencies. What are some options for investing this amount in the digital currency market? How can I get started with investing in digital currencies with this amount of money?
1 answers
- Dec 29, 2021 · 3 years agoIf you're new to investing in digital currencies, it's recommended to start with a small amount and gradually increase your investment as you gain more knowledge and experience. Consider using dollar-cost averaging, which involves investing a fixed amount at regular intervals, regardless of the current price of the digital currency. This strategy can help mitigate the impact of short-term price fluctuations and potentially generate better long-term returns. Additionally, stay updated with the latest news and developments in the digital currency market to make informed investment decisions.
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