KongDec 16, 2021 · 3 years ago1 answersAre there any strategies that cryptocurrency traders can use to mitigate the effects of the law of diminishing marginal utility?
In the world of cryptocurrency trading, the law of diminishing marginal utility states that as a trader acquires more units of a particular cryptocurrency, the satisfaction or utility derived from each additional unit decreases. Are there any strategies that cryptocurrency traders can employ to counteract or minimize the negative effects of this law? How can traders continue to maximize their profits and minimize potential losses despite the diminishing returns of each additional unit?
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