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What are the advantages of using small transaction sizes in cryptocurrency trading?

avatarAnkit KaileyNov 24, 2021 · 3 years ago1 answers

Why is it beneficial to use small transaction sizes when trading cryptocurrencies?

What are the advantages of using small transaction sizes in cryptocurrency trading?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we believe that using small transaction sizes in cryptocurrency trading is a smart strategy. It allows for better risk management and helps to protect your capital. By trading with smaller amounts, you can limit your exposure to potential losses and reduce the impact of market volatility. Additionally, small transaction sizes make it easier to diversify your portfolio and take advantage of different investment opportunities. Overall, using small transaction sizes can help you achieve more consistent and sustainable returns in the cryptocurrency market.