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31
I also prefer to invest money in top coins. Firstly, capitalization there is at the highest level and investors continue to invest in time-tested coins. Secondly, the liquidity of such coins is beyond doubt. Coins can be sold or bought at any time and there will always be buyers and sellers for them.

32

This is not recommended, even with your own relatives, because the term loan will have a maturity period from the initial agreement when it will be repaid. We are lucky if the value of the coins we invest increases. Otherwise, we will experience a loss instead of the profit we expected before, it is better. investing in small amounts but cold money, it's useless to invest large amounts but the results from loans are far from profitable (just my opinion based on personal experience)

Moreover, a situation may also occur when the value of the coins we invest does not increase or stands still in a flat, for example, but also falls or corrects. But interest on the loan and the loan still need to be repaid every month. And here you need to look for additional money to pay off the loan.

33
It seems to me that the person just wants to attract attention. He said this to increase his popularity. Many fundamental events affect the price of Bitcoin, causing the price to fall or rise.

34
There is currently a rapid bullish trend in Bitcoin. And I have never regretted that I bought it several years ago. I think this trend will continue, especially if we remember the recent positive decision on the Bitcoin ETF.

35
Advertise Your Stuff / Re: FXOpen – FXOpen.com
« on: February 23, 2024, 01:18:58 PM »
ForexCup Trading Championship 2024


Dear Members of the ForexCup Community,

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In anticipation of this event, we are excited to unveil a newly redesigned ForexCup Championship website. This update is accompanied by a comprehensive revision of our prize distribution structure aimed at creating a more equitable and rewarding experience for all participants.

We invite you to explore the main page of our website to acquaint yourselves with the updated prize fund allocation. Our refined system not only acknowledges the ultimate champion but also extends recognition to the traders securing the second and third positions. This strategic adjustment serves to enhance fairness within the competition and intensify the battle for the coveted 2nd and 3rd places.

We believe that these changes will contribute to the overall growth and development of the championship. By promoting active participation among the top three performers, we aspire to elevate the competitive spirit and infuse greater dynamism into the championship.

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Signature Awards: Personalised crystal trophies for the top three positions
- personal brand promotion in Championship Provider and its partners' media (top three places).

Gain Policy: Time-weighted returns (TWR)

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Disclaimer: This publication represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

This is an interesting competition and good prizes. Where can I read about the winners?

36
Cryptocurrency discussions / Re: MANAGING RISK IN THE CRYPTO MARKET
« on: February 22, 2024, 01:19:32 PM »
Investing in cryptocurrencies is always a risk. Therefore, it is better to invest available funds, preserving your well-being and the well-being of your family. That is, as they say in trading: you need to invest as much as you don’t mind losing and this loss will not be critical for your budget.

37
I invested 20% of my investments in cryptocurrency. These are Bitcoin and Ethereum. I bought them several years ago. I hope that these cryptocurrencies will continue to grow and provide an opportunity to make good money.

38
Cryptocurrency discussions / Re: Which ship brought you to crypto world?
« on: February 21, 2024, 01:50:17 PM »
I learned about cryptocurrency when my friend started mining it on his computer through a gaming video card. Then he made good money. I also liked this activity. But if I knew that the price of Bitcoin would rise so much in the future, I would never have sold these mined Bitcoins so quickly.

39
Such investing is always risky. Therefore, you need to use only a small part of your capital for such an investment and invest in more than one instrument, create an investment basket, it will allow you to distribute risks between different assets. Diversification is one of the most important elements of risk management.

40
Cryptocurrency discussions / Re: How does a coin increase in value?
« on: February 20, 2024, 01:27:48 PM »
Cryptocurrency is growing due to high demand. If investors see value in a cryptocurrency and want to buy it, we will see a higher price.

41
Yes, when a person is not interested in cryptocurrencies and the crypto industry in general, it is difficult to explain and prove something to him. Many people have conservative views on many things. As a rule, they are not interested in new things. But now you can buy a huge number of goods with cryptocurrencies, even taxes are paid with cryptocurrencies.

42
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: February 19, 2024, 01:37:23 PM »
Cryptocurrency has had a positive impact on my life. It took me a long time to learn to trade, but I learned how to make money. Technical analysis and fundamental analysis help. But you need to understand that cryptocurrency is an investment instrument and you need to be able to wait for growth to make good money. It is important to find the right entry point and wait patiently for growth.

43
Traders need to share their views. As they say: truth is born in dispute. The more traders discuss a particular issue on cryptocurrencies or other market issues, the greater the chance to come to the truth together and make money. Especially when the discussion is conducted by fairly experienced traders.

44
It is better to invest part of your funds in cryptocurrency. I think it’s better to invest money in several cryptocurrencies to diversify risks. But it’s better to choose from the top cryptocurrencies. The crypto market is currently growing and I hope that this growth will continue for a long time.

45
Cryptocurrency is widely used all over the world today. People buy cars, houses and much more with cryptocurrency. A large number of crypto ATMs have been installed. Therefore, cryptocurrency is valued as an additional means of payment. The future has already arrived.

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