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batikh067

Is buying a weak currency benefit me?

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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

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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.

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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

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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. 

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          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.  

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