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If someone wants to make money through cryptocurrencies then what things he should do before?
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[QUOTE="Good-Guy, post: 218356, member: 29109"] I have tried my luck trading in cryptocurrencies and I must say that I was never successful. this is due top various reasons. I have seen that the cryptocurrencies market crashes in a really rapid manner and it takes a lot of time to recover. I remember bitcoin Cash being traded at a value of more than $500 and now it is struggling to reach $350. During the period of a few months, Bitcoin Cash and many other cryptocurrencies have fluctuated insanely and this happened due to various reasons such as Russia's plans to ban cryptocurrency mining, issues between Russia and Ukraine, Omicron variant, end of the year 2021, liquidation of cryptocurrency coins, etc. All of these factors caused cryptocurrencies to crash in such a way that now it seems like cryptocurrencies will take a long time to recover. Moreover, the recovery of cryptocurrencies in itself is dependent on various factors. So when people claim that Bitcoin will reach $100,000 within a few years, I always take these statements with a grain of salt! This is why a person must never invest in cryptocurrencies until they have no problem with losing that money, as cryptocurrencies are pretty risky investment option. [/QUOTE]
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If someone wants to make money through cryptocurrencies then what things he should do before?
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