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Which cryptocurrency can I buy with 9000 Mexican pesos to potentially earn more dollars?

avatarmohd arifDec 15, 2021 · 3 years ago3 answers

I have 9000 Mexican pesos and I want to invest in cryptocurrency to potentially earn more dollars. Which cryptocurrency should I buy with this amount?

Which cryptocurrency can I buy with 9000 Mexican pesos to potentially earn more dollars?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    If you have 9000 Mexican pesos, you can consider buying Bitcoin. Bitcoin is the most popular and widely accepted cryptocurrency, and it has a strong track record of value appreciation over time. However, please note that cryptocurrency investments come with risks, and the value of Bitcoin can be volatile. It's important to do your own research and consider your risk tolerance before making any investment decisions.
  • avatarDec 15, 2021 · 3 years ago
    With 9000 Mexican pesos, you can also consider buying Ethereum. Ethereum is the second-largest cryptocurrency by market capitalization and has shown significant growth potential. It has a strong developer community and is widely used for decentralized applications. However, like any investment, there are risks involved, and the value of Ethereum can fluctuate. Make sure to do your own research and consult with a financial advisor if needed.
  • avatarDec 15, 2021 · 3 years ago
    Based on my experience at BYDFi, I would recommend considering buying Ripple (XRP) with your 9000 Mexican pesos. Ripple is a digital payment protocol that aims to enable fast and low-cost international money transfers. It has gained significant traction in the financial industry and has partnerships with major banks and financial institutions. However, please remember that cryptocurrency investments are subject to market risks, and it's important to make informed decisions and diversify your portfolio.