Good-Guy
VIP Contributor
Trading in stocks and cryptocurrencies can be one of the easiest ways to make a really good amount of money in a really short amount of time, but this is only possible if you know how to trade. Unfortunately, not all the cryptocurrencies could guarantee a fixed income because many big cryptocurrencies such as Bitcoin, Ethereum ,etc are volatile in nature. However, the term "volatile" does not always mean that you must view cryptocurrency as an asset that could make you suffer from loss in all the cases. I believe that there should be some Range-bound cryptocurrencies that could guarantee profits!
So, what does the term "Range-bound" mean?
The term "Range-bound" refers to price of a stock or a cryptocurrency that fluctuates and rises in a fixed range. For example, a cryptocurrency that has a range of $1-$1.2 will remain in this range only. It will not go down the $1 line and it will not rise above the $1.2 threshold. Such kind of cryptocurrencies could provide guaranteed profits because they have not chance of getting fluctuated a lot. Do you think that Tether or Tron could be classified as "Range-bound" cryptocurrencies? What do you think? What are some Range-bound cryptocurrencies according to you?
So, what does the term "Range-bound" mean?
The term "Range-bound" refers to price of a stock or a cryptocurrency that fluctuates and rises in a fixed range. For example, a cryptocurrency that has a range of $1-$1.2 will remain in this range only. It will not go down the $1 line and it will not rise above the $1.2 threshold. Such kind of cryptocurrencies could provide guaranteed profits because they have not chance of getting fluctuated a lot. Do you think that Tether or Tron could be classified as "Range-bound" cryptocurrencies? What do you think? What are some Range-bound cryptocurrencies according to you?
