Is buying a weak currency benefit me?

[Haia kh 259]

No, my friend, this is called a big risk in the field of cryptocurrencies, so you should not do this and study the price of the currency well and the movement of its future direction in order to get good profits.

[Mehboob 638]

Hello dear members I hope you fine and doing that work on this platform first I want to tell you that never hate reading is a good things for earning more profit but before trading you can get the more knowledge and research about that then you will be able to trade

[Carter Julian 3]

Florida remember they hope you are fine and doing great work on this platform first of all I want to tell you that I am a beginner on this website so I did not know about these things seniors can help out you better about this because I am also learning from this platform about this

[Mr.Jony 0]

hello friend I want to tell you that I am a beginner and I just start working on this platform  the low currency is not beneficial for us we should working slowly but consistently on this platform

[Kate94 78]

If your weak meaning is low price than I think so you are saying right we should buy the coin at low price and sell it when the prices will be high. But we the coin should be stable in the crypto market

[Jafar155 1]

Of course, my esteemed friends, buying a weak currency helps because the currency is circulating at a high or low price, and this does not mean that we do not spread any weak currency and success all together.

[AlexWattsun 11]

It does not matter how weak or how strong a currency is to invest in. The only thing matter here is that what is the chang that is occured in it if it is positive i mean if its price is going up you will earn otherwise not.

Hope it helps you

[Fahmeed iqbal 1]

I can give you my opinion about that, I think That buying a large amount of a low value cryptocurrency can bring too many benefits that if in the long term, you must analyze which currencies can have a large price rise in the market.

 

Friend, I recommend that you write your question or publication in a better way because people may feel confused with your writing when reading it.

[shoaib0908 4]

My dear friend, I recommend that you gain experience before making the investment because you might lose everything you own at any time, so do your research and study before making the investment, sale, or buying.Thanks

[Mella 3680]

It is a great plan to do and back when the post was made in december there had too many of these weak coins that are now a lot profitable if you bought. It is still has a lot of time more to give us better profit since the market seems to be on a good season for alctoins.

[sparea780 33]

buying crypto currency is effective but it takes a lot of time to get the profits.we should buy the desired coins when the rates are low. & sell them when the rates rise this can only be possible when we know the ups & downs.

[saiedmohamed 10]

In my opinion, you should study your project before investing, because you may fail in that and lose all that you have. Therefore, you have to look to the opinion of those with experience in the field because they are more experienced.

[Sanaa 3]

My friend, I do not advise you that it is a risk that you will lose your money. I hope you receive more than one opinion that leads you to the right thing. My best wishes for you.

[Reemha707496 4]

Perhaps this is possible, but you should choose the right currency to ensure a successful project because it cannot be considered that all currencies will achieve the success and rise in price that Bitcoin has achieved.

[Amna06 16]

You have a very smart idea but it require you to gain information about the currencies.their values and estimate time in which the value of currency will increase. Because I think this will make you wait for a very long time. Try to choose your coin wisely.

[blackcat2 269]

No a weak currency do not leads  you toward benefit  but may be you have to face a loss   due to this decision and if you buy a weak currency and you want to sell it then its very difficult because mostly people prefer strong currencies to buy.

[Whited35 15285]

On 12/9/2020 at 3:25 PM, batikh067 said:

Do you think that buying a weak currency now may benefit me in the future because I am thinking of buying a weak currency and waiting a little while it is strong, and then I sell it

Weak currencies means what ? Lower ranked currencies on the Coinmarketcap's listing? If yes, please note that most of the coins from the weak projects are more likely to make the scam exit no matter whenever they can do it. If you can hear the experts in the cryptocurrency sphere, they would probably share you, choose the best performing coins only to invest. 

[bhicham 2]

          Weak currency is what most of investors pay attention for, normally that depends on project of the coin in market in which several types of part and section. So what makes a coin weak ? On what we can base to decide what to do

     Crypto currency can be weak if it has no powerful plan in what it goes to develop day by day. If you take a look you would definitely see a huge number of them consist with large zeros. Speculating on low value most of which called meme coins or other names but what is necessary is to analyze its real value.

       Choosing a coin is mainly depends upon the vision of team in future of the coin. However, to make a study you should consider the basics such as supply, marketcap, interactions of team along with other aspects. In short , supply must be less as possible including market can so that you will be sure that it raises over time.

         To sum up, these market' days generally are interested by new investors that aim and track like those coin to make huge value some of them reach high price and some end up with miserable losses.  

[tareq500 2]

If you're looking to benefit from a weak currency, buying into one may be a good option for you. When a currency is weak, it means that it's not performing well compared to other currencies. This often happens when a country's economy is struggling. However, since you can buy more of the currency for less, you may be able to take advantage of the situation and get more for your money. Just be aware of the risks involved, as a currency could continue to lose value and become worthless.