What are the best cryptocurrencies to invest in when the forex market is closed?

3 answers

• Dec 30, 2021 · 3 years ago
  During the forex market closure, it is important to consider cryptocurrencies that have high liquidity and are not directly affected by the forex market. Some of the best options include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have established themselves as reliable investments and have a large user base, which ensures liquidity even when the forex market is closed. Additionally, their value is not directly tied to any specific currency, making them less susceptible to fluctuations caused by forex market activities.
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• Dec 30, 2021 · 3 years ago
  When the forex market is closed, it's a good idea to invest in stablecoins such as Tether (USDT) or USD Coin (USDC). These cryptocurrencies are pegged to the value of a specific currency, usually the US dollar, and provide stability during market closures. By investing in stablecoins, you can protect your investment from the volatility of other cryptocurrencies and ensure that your funds retain their value even when the forex market is not operational.
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• Dec 30, 2021 · 3 years ago
  When the forex market is closed, one of the best cryptocurrencies to invest in is BYDFi (BYD). BYDFi is a decentralized finance platform that offers various investment opportunities. It allows users to earn passive income through yield farming, liquidity mining, and staking. With its innovative features and strong community support, BYDFi has the potential for significant growth even during forex market closures. Investing in BYDFi can be a lucrative option for those looking to diversify their portfolio and maximize their returns.
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