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The world economy is in great trouble because of coronavirus. The coronavirus pandemic force the whole people to stay at home and most of the business goes to move in destroy. Nobody is aware of how long the virus will go for. If this situation continues for a long time, It must be a threat to most of the business. Many businesses are already struggling to survive themself and many more were fully stopped. Now we can only wish for any solution to make this virus stop. Otherwise, most of the business and the world economy will occur unrecoverable loss.
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Actually It totally depends on your expectation, money management, and trading skill. If you want to earn a little percentage of your total balance, you can use 100$ for your day trading. But trading with a small amount as 100$ is very risky and you need high-quality trading skills. Because no one can surely tell what happened in the future and if your money management is good you can average your trade cost that helps to earn the profit. But In a small amount, One mistake and you lost your maximum amount. So trading with 100$, It is quite difficult for day trading.
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It is a common fact that most of the altcoins are effected by Bitcoin directly. Bitcoin is the most popular cryptocurrency all over the world and it has a huge demand. That is why when the price of bitcoin drops down then all the altcoin lost their sathosi and when bitcoin moves high then altcoin can not move with bitcoin price. Because of that, the investor of altcoins lost their bitcoin.
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Crypto trading is always very risky and difficult. Before Invest your money in crypto, you should know about your risk and your skill too. Without knowledge, you can not earn by invest and trade. On the other hand trade and investment becomes also harder. To make a profit by trade and invest, you need more patience and trading skill.
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