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What are the best digital currencies to invest in outside RTH trading hours?

avatarGrigoriyLisichkinDec 29, 2021 · 3 years ago3 answers

During RTH trading hours, the market for digital currencies can be highly volatile. What are some of the best digital currencies to invest in outside of these hours when the market may be less active? I'm looking for options that have shown stability and potential for growth.

What are the best digital currencies to invest in outside RTH trading hours?
Digital Currencies
Investing
RTH Trading Hours

3 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to investing in digital currencies outside of RTH trading hours, it's important to consider cryptocurrencies that have a strong track record of stability. Bitcoin, for example, has proven to be a reliable choice for long-term investors. Its market dominance and widespread adoption make it a safe bet. Ethereum is another popular option, as it is the second-largest cryptocurrency by market capitalization and has a strong community backing. Additionally, stablecoins like Tether and USD Coin offer stability as they are pegged to fiat currencies. These options can provide a level of security during non-trading hours.
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for potential growth outside of RTH trading hours, it may be worth considering altcoins with promising projects and strong development teams. Cardano, for instance, has gained attention for its focus on security and scalability. Its proof-of-stake consensus mechanism also makes it more energy-efficient compared to Bitcoin's proof-of-work. Binance Coin (BNB) is another cryptocurrency to watch, as it powers the Binance ecosystem and offers various benefits to users. However, it's important to conduct thorough research and stay updated on the latest news and developments in the cryptocurrency market.
  • avatarDec 29, 2021 · 3 years ago
    Outside of RTH trading hours, one platform that offers opportunities for digital currency investment is BYDFi. BYDFi is a decentralized exchange that allows users to trade various cryptocurrencies directly from their wallets. It provides a secure and transparent environment for trading, with low fees and fast transaction speeds. BYDFi also offers yield farming and staking options, allowing users to earn passive income on their digital assets. It's important to note that investing in cryptocurrencies carries risks, and it's always recommended to do your own research and consult with a financial advisor before making any investment decisions.

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