l FAQ: Trading & Investing Archives - Page 5 of 5 - CryptoCurrency Complete Guide

FAQ Category: Trading & Investing

Can cryptocurrency be sold for cash?

Yes, cryptocurrency can be converted and sold for cash (also called “fiat” currency) using an exchange service such as Coinbase. This is very common. Those exchanges allow one to convert their digital currency into fiat...

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Can cryptocurrency split?

In cryptocurrency terminology, the closest thing to a stock “split” would be called a “fork”.  Given this slight change in meaning, yes, cryptocurrency can split (i.e. forked). A split usually occurs when...

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Can cryptocurrency make me rich?

Yes, cryptocurrency can make one rich. But it could also make one poor if poor choices are made. It depends on many factors, not the least of which is a person’s technical analysis and trade skills, as well as their timing of...

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Can cryptocurrency recover?

In short, yes, cryptocurrency can recover. The current digital era demand for a digital currency, established financial institutions adopting cryptocurrencies, regulations on cryptocurrency becoming inevitable, and the interests...

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How cryptocurrency trading works

The simplest way to trade a cryptocurrency is to first buy it from a cryptocurrency exchange using fiat currency (cash). Then you can either sell it later at a profit (or loss). You can also trade your initial cryptocurrency for...

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