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What are the best ways to get a discount on digital currencies according to The Motley Fool?

avatarSiddhant BahugunaDec 16, 2021 · 3 years ago3 answers

What are some effective strategies recommended by The Motley Fool to obtain discounts on digital currencies?

What are the best ways to get a discount on digital currencies according to The Motley Fool?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    One of the best ways to get a discount on digital currencies, as suggested by The Motley Fool, is to take advantage of promotional offers and referral programs. Many cryptocurrency exchanges offer sign-up bonuses or discounts for new users. Additionally, some exchanges have referral programs where you can earn discounts or rewards by referring friends to join the platform. By utilizing these offers and programs, you can save money on your digital currency purchases.
  • avatarDec 16, 2021 · 3 years ago
    According to The Motley Fool, another effective strategy to get a discount on digital currencies is to buy during market dips. Cryptocurrency prices can be highly volatile, and there are often periods of price corrections or market downturns. These dips present an opportunity to buy digital currencies at a discounted price. However, it's important to do thorough research and analysis before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a well-known digital currency exchange, recommends using limit orders to get discounts on digital currencies. With limit orders, you can set the maximum price you are willing to pay for a specific cryptocurrency. If the market price drops to your desired level, the order will be executed, allowing you to buy the digital currency at a discount. This strategy can be particularly useful during periods of high market volatility.