Can you tell me a name of any currency which price is stable?
If you're thinking that fiat currencies are stable in respect of price, such as 1$=1$ or 1£=1£ . Then the price of any cryptocurrency is stable, such as 1 steem = 1 steem or 1 btc = 1 btc .
The unstable price of a currency in respect of another currencies is one of the most important properties of currency systems, whether it's virtual or fiat (There exist some exceptions) .
static,cryptocurrencies will always have different changes in prices at different period of time and we
should not let that to bother us,what a trader or investor should focus on is knowing the right time to enter the
cryptocurrency market and place trades,..a trader can take advantage of the price of an unstable
cryptocurrency,all the trader just needs to do is to buy the cryptocurrency when the price is low and they
should aim to sell it when the price is high,when the trader follow these rules then it would make it to be easier for them to trade cryptocurrencies and earn profit from it...
No, not at all.
Can you tell me a name of any currency which price is stable?
If you're thinking that fiat currencies are stable in respect of price, such as 1$=1$ or 1£=1£ . Then the price of any cryptocurrency is stable, such as 1 steem = 1 steem or 1 btc = 1 btc .
The unstable price of a currency in respect of another currencies is one of the most important properties of currency systems, whether it's virtual or fiat (There exist some exceptions) .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well the cryptocurrency price cannot be
static,cryptocurrencies will always have different changes in prices at different period of time and we
should not let that to bother us,what a trader or investor should focus on is knowing the right time to enter the
cryptocurrency market and place trades,..a trader can take advantage of the price of an unstable
cryptocurrency,all the trader just needs to do is to buy the cryptocurrency when the price is low and they
should aim to sell it when the price is high,when the trader follow these rules then it would make it to be easier for them to trade cryptocurrencies and earn profit from it...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit