Agrim SaksenaDec 14, 2021 · 3 years ago6 answersHow does the volatility of cryptocurrencies affect the number of pips one can earn per day?
In the world of cryptocurrency trading, the volatility of digital currencies can have a significant impact on the number of pips one can earn per day. Pips, also known as percentage in point, are the smallest unit of price movement in currency trading. How does the volatility of cryptocurrencies, such as Bitcoin and Ethereum, affect the number of pips one can earn per day? How does the fluctuation in prices impact the potential profits or losses? Are there any strategies or techniques that traders can use to take advantage of the volatility and maximize their pip gains? What are the potential risks and challenges associated with trading highly volatile cryptocurrencies?
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