common-close-0
BYDFi
Trade wherever you are!

How can I invest 35000 yen in digital currencies?

avatarGregersen AlstrupDec 17, 2021 · 3 years ago1 answers

I have 35000 yen and I want to invest it in digital currencies. What are some options for investing this amount in the digital currency market? How can I get started with investing in digital currencies with this amount of money?

How can I invest 35000 yen in digital currencies?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    If you're new to investing in digital currencies, it's recommended to start with a small amount and gradually increase your investment as you gain more knowledge and experience. Consider using dollar-cost averaging, which involves investing a fixed amount at regular intervals, regardless of the current price of the digital currency. This strategy can help mitigate the impact of short-term price fluctuations and potentially generate better long-term returns. Additionally, stay updated with the latest news and developments in the digital currency market to make informed investment decisions.