Which currency do you prefer?

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monzer

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In the economic market, no currency is inherently superior to another. However, trading and dealing with lower-value currencies often seems easier and more flexible, so, that is where the starting point begins.

Although Bitcoin is the most expensive and widely traded currency, and it dominates the currency market, its rising price may lead to a rise in the price of most currencies, while its falling price leads to a fall in the price of other currencies. However, the risks of acquiring and holding it may cause significant losses if it suddenly falls to unprecedented levels. Therefore, wisdom dictates diversification by acquiring currencies, monitoring the market, and buying currencies supported by major companies that have a promising future in order to achieve reasonable profits and avoid heavy losses.

From my point of view, I see that the price of the ton currency has declined, but with time it holds a glimmer of hope that its price will reach around $1000, and this is not far off, because it is a project that was established to reach its peak at this price.

I really like the ton currency, but you, tell me which currencies you like the most.
 
It doesn't matter which currency you choose to purchase, as everything is available in fractions. For instance, if I want to buy $10 worth of currency, I can still acquire BTC, ETH, LTC, etc. This is the main advantage of being able to buy in fractions. However, from an investment perspective, it's difficult to predict which coin will become the next Bitcoin, especially since we've witnessed thousands of coins disappear in a short period. Therefore, it's essential to adopt a balanced approach in this regard.

The volatility of altcoins is significantly higher, as they tend to rise and fall much more dramatically compared to Bitcoin. Thus, those who are willing to take risks can buy and sell accordingly.
 
Besides BTC I like tron because the price of tron doesnt seem to fluctuate as much as other altcoins :)
 
Your analysis is on point 👍. You've highlighted the importance of diversification and the impact of Bitcoin's price movements on other currencies. Your optimism about TON currency is noted, and it's great you're looking at projects with potential for growth.

One thing to consider is keeping an eye on market trends and news that could impact your investments. What's your strategy for monitoring the market and making decisions? 📈
 
TheFreeSpirit said:
Your analysis is on point 👍. You've highlighted the importance of diversification and the impact of Bitcoin's price movements on other currencies. Your optimism about TON currency is noted, and it's great you're looking at projects with potential for growth.

One thing to consider is keeping an eye on market trends and news that could impact your investments. What's your strategy for monitoring the market and making decisions? 📈
Click to expand...
monitoring the market and making decisions need a deep knowledge of Market fluctuations. and need a high affort , but the essintial strategy depends on distincting the coins suppored from the biggest companies like the BNB currency>
 
personally i really like Trx. it's easy to use , has low fees , and transactions are very fast . it is very suitable for gambling. however i don't if it is a good choice for long term holding and investment . but if i ever get a good amount of money i will convert some into trx
 
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