What are the best cryptocurrencies to invest in with 3500 yen to potentially earn USD?

3 answers

• Dec 16, 2021 · 3 years ago
  If you're looking to invest your 3500 yen to potentially earn USD, there are a few cryptocurrencies worth considering. Bitcoin (BTC) is the most well-known and widely accepted cryptocurrency, making it a relatively safe investment option. Ethereum (ETH) is another popular choice, known for its smart contract capabilities and potential for growth. Ripple (XRP) is a cryptocurrency that aims to facilitate fast and low-cost international money transfers, which could be beneficial for earning USD. Additionally, Litecoin (LTC) and Bitcoin Cash (BCH) are also worth considering. Remember to do thorough research and consider factors such as market trends, project fundamentals, and risk tolerance before making any investment decisions.
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• Dec 16, 2021 · 3 years ago
  With 3500 yen, you have a limited budget for cryptocurrency investment. It's important to diversify your portfolio and consider investing in multiple cryptocurrencies to spread the risk. Some potential options include smaller market cap coins like Cardano (ADA), Chainlink (LINK), and VeChain (VET). These coins have shown promising growth potential and could provide a higher return on investment. However, always remember that the cryptocurrency market is highly volatile, so it's crucial to only invest what you can afford to lose.
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• Dec 16, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I would recommend considering BYDFi as a potential investment option. BYDFi is a decentralized exchange that offers a wide range of cryptocurrencies for trading. With 3500 yen, you can explore various altcoins on BYDFi and potentially earn USD. However, please note that cryptocurrency investments come with risks, and it's important to do your own research and consult with a financial advisor before making any investment decisions.
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