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Author Topic: Is it a safe way to invest in Exchange-based Coin during down trend ?  (Read 214 times)
spngebob
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July 08, 2018, 05:12:19 PM
 #21

Is it a safe way to invest in Exchange-based Coin during down trend ?
What is exchange based coin do you mean share of exchange or something else?
It depends what you are looking for long term investment or short trade. For long term investment it is good to invest when coins are becoming cheap.
zero4five
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July 08, 2018, 06:32:47 PM
 #22

I do not recommend using the Binance Coin crypto currency as a tool for investing, because this crypto currency has a different purpose, especially since any malfunction in the Binance exchange will entail a decrease in the value of BNB.
The Binance Coin Crypto currency is best used for its intended purpose - for trading on the exchange and saving on commissions.
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July 15, 2018, 11:04:55 AM
 #23

In trading in financial markets, buying during the decline does not lead to anything good. But the cryptocurrency market is quite different and therefore I think that buying promising coins during the decline will be a good idea.

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solnechno
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July 15, 2018, 11:21:03 AM
 #24

Due to this, traders and investors earn their capital, the main thing is to invest correctly, not to make a mistake with the project
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July 21, 2018, 02:21:59 PM
 #25

If you found a worthwhile project, then it's a great idea to invest when the price is low. But do not invest in all projects just because the price is low.
Lindazz
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July 21, 2018, 02:25:19 PM
 #26

I think it's not safe because when the market is in a downward trend, most of the tokens go down.
Even exchange tokens are no exception.

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