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What is the ideal amount of assets to have in order to rank in the top 1 for cryptocurrencies?

avatarNoah McQueenNov 28, 2021 · 3 years ago1 answers

In order to rank in the top 1 for cryptocurrencies, what is the recommended amount of assets one should have?

What is the ideal amount of assets to have in order to rank in the top 1 for cryptocurrencies?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we believe that the ideal amount of assets to have in order to rank in the top 1 for cryptocurrencies is not a fixed number. It depends on various factors such as the specific cryptocurrencies being traded, market conditions, and the individual's trading strategy. We recommend diversifying your portfolio and investing in a range of cryptocurrencies to spread the risk and increase the chances of capturing potential gains. Additionally, staying updated with the latest market trends and news can help in making informed investment decisions. Remember, ranking in the top 1 for cryptocurrencies is not solely determined by the amount of assets, but also by factors such as trading skills, market knowledge, and timing.