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What can I buy with 180000 yen in the cryptocurrency market?

avatarLynn TanDec 19, 2021 · 3 years ago1 answers

I have 180000 yen and I'm interested in investing in the cryptocurrency market. What are my options for buying cryptocurrencies with this amount of money? Can I diversify my portfolio or should I focus on a specific cryptocurrency? How can I make the most out of my investment?

What can I buy with 180000 yen in the cryptocurrency market?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    At BYDFi, we recommend diversifying your cryptocurrency portfolio to mitigate risk. With 180000 yen, you can allocate a portion of your funds to Bitcoin, Ethereum, and other promising cryptocurrencies. It's important to consider your investment goals, risk tolerance, and time horizon when making investment decisions. Additionally, you may also consider investing in decentralized finance (DeFi) projects, which offer various opportunities for earning passive income and participating in the growing DeFi ecosystem. Remember to do your own research and consult with a financial advisor if needed before investing in the cryptocurrency market.