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Which cryptocurrency should I invest in with 12000 rupees in dollars?

avatarAliciitDec 16, 2021 · 3 years ago3 answers

I have 12000 rupees and I want to invest in cryptocurrency. Which cryptocurrency should I choose considering the exchange rate with dollars?

Which cryptocurrency should I invest in with 12000 rupees in dollars?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    If you're looking to invest in cryptocurrency with 12000 rupees, you might want to consider Bitcoin. Bitcoin is the most well-known and widely accepted cryptocurrency, and it has a strong track record of growth over the years. However, it's important to note that cryptocurrency investments are highly volatile and can be risky. Make sure to do thorough research and consider consulting with a financial advisor before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    With 12000 rupees, you have a few options for investing in cryptocurrency. Some popular choices include Ethereum, Litecoin, and Ripple. These cryptocurrencies have shown potential for growth and have a solid presence in the market. However, it's important to keep in mind that the cryptocurrency market is highly volatile and can be unpredictable. It's always a good idea to diversify your investments and not put all your eggs in one basket.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we recommend considering Ethereum for your cryptocurrency investment. Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications. It has a strong community and has been gaining popularity in recent years. However, please note that investing in cryptocurrency carries risks, and it's important to do your own research and make informed decisions.