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What can I buy with 120 yen in the cryptocurrency market?

avatarJasonLuDec 20, 2021 · 3 years ago5 answers

I have 120 yen and I'm interested in investing in cryptocurrencies. What can I buy with this amount in the cryptocurrency market? Are there any cryptocurrencies that are affordable for someone with a limited budget?

What can I buy with 120 yen in the cryptocurrency market?

5 answers

  • avatarDec 20, 2021 · 3 years ago
    With 120 yen, you have limited options in the cryptocurrency market. However, there are still some affordable cryptocurrencies that you can consider investing in. One option is to look for altcoins with low prices. These are cryptocurrencies other than Bitcoin and Ethereum. Some altcoins may have lower prices and could be within your budget. However, it's important to do thorough research and consider factors such as the project's credibility, market liquidity, and potential for growth before investing.
  • avatarDec 20, 2021 · 3 years ago
    Unfortunately, with 120 yen, your options in the cryptocurrency market are quite limited. Most cryptocurrencies have prices higher than this amount. However, you can still consider investing in fractions of cryptocurrencies. Some exchanges allow you to buy fractions of a cryptocurrency, so you can still participate in the market with a limited budget. Just keep in mind that the value of your investment will be proportional to the fraction you own.
  • avatarDec 20, 2021 · 3 years ago
    At BYDFi, we understand that not everyone has a large budget to invest in cryptocurrencies. With 120 yen, you may not be able to buy a whole cryptocurrency, but you can still invest in fractions of popular cryptocurrencies like Bitcoin or Ethereum. Fractional investing allows you to participate in the market with a limited budget and potentially benefit from the growth of these cryptocurrencies. Consider using our platform to buy fractions of cryptocurrencies and start your investment journey.
  • avatarDec 20, 2021 · 3 years ago
    Investing in cryptocurrencies with a limited budget can be challenging, but it's not impossible. With 120 yen, you can explore the world of micro-cap cryptocurrencies. These are cryptocurrencies with very low market capitalization and low prices. While they may carry higher risks, they also have the potential for significant growth. It's important to conduct thorough research and due diligence before investing in any cryptocurrency, regardless of its price.
  • avatarDec 20, 2021 · 3 years ago
    While 120 yen may not seem like a lot, it's still possible to invest in cryptocurrencies with a limited budget. Look for cryptocurrencies that have low prices and a promising future. Some exchanges offer a wide range of affordable cryptocurrencies that you can consider. Remember to diversify your portfolio and not put all your eggs in one basket. Investing in cryptocurrencies can be risky, so it's important to only invest what you can afford to lose.