They say they don't charge a fee, but if you look closely, the value of the currency you're going to convert is above the market value. In other words, they charge a fee by increasing the value.
Aleida Marcantonio E8Q3
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Guys, when I convert from one currency to another, is there a fee?
I'm new to the crypto market. When I first got into it, I lost money due to greed, anxiety, and immediacy. I've learned a bit from this, and I see some people here in the same situation. So, here are some tips:
Greed: If you want to have money in your pocket, when you have already made a profit, even if it's small, put it in your pocket. And if the currency has stretched and appreciated a lot, don't buy when it's high, thinking it will appreciate as much as it has already appreciated. Also, never invest your daily income in search of high profits, it can harm you.
Anxiety: If you bought at a certain price and have already seen your capital drop 10%, 20% or even more, you will only suffer losses if you get anxious and sell when it drops. The ideal is to split your funds for eventual situations.
Immediacy: Some people want immediate profits, and the crypto world is extremely volatile. When they don't realize that they are making profits or that the currency has stopped rising, people sell at a loss, thinking that they will make money elsewhere. When they realize it, they have already lost 50% of their value and think that the currencies are bad.
That said, before you go out and take money that you can't spend, set aside the amount that you can use and that if there are any corrections, you can keep or put more in. I have never used emergency reserve money. And study a lot before investing any money. I hope this helps beginners.
Dude...Pepe at 1 dollar? Sorry but you're traveling too much, you're going to need to cut a lot of zeros and for that you'd need a huge purchase volume
Michelle Queiroz
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I bought Pepe A little more money and what happened? Now I just have to wait. How much is this worth if it reaches 1 dollar?
Right or wrong, it will depend only on you and what you believe. I recommend taking this money out of the real, otherwise the devaluation will break your legs. Put it in USDT
Alex Bazzi NQgr
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Guys, I've been on the market for two weeks and I'm investing correctly in my portfolio. Can anyone help me?
One thing I notice is that some people don't analyze the market. They think they can invest money now and tomorrow they'll have a 100% profit. And worse, they buy when the price is high. When it depreciates for whatever reason, they say the currency is trash, etc. Another thing is that many people throw everything they have at it instead of dividing it up, knowing that the market is volatile. And in the end, they lose money because they want everything right away and sell at a loss. Never put everything in a single currency, and if you're going to put some money in, don't put in your bread money, because you might go hungry!
People are crazy, they keep buying when the price is high, then they talk good about it. When there is a correction, they start talking bad about the asset
Avencripto
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$USUAL The token goes up, people get excited, "- it's going to the moon!", "it's going to Mars!";"- those who sold lost!"; "- it's the best token on the market"; and so on... The token goes down, people get hysterical, desperate "- this token is no good"; "- it's a scam-" we're being tricked"; "- it's going to be a free fall"; "- those who didn't sell lost"; and so on...
Dude, when you convert one currency to another, there is no fee but you pay a much higher amount than what is on the market, so if the currency is worth 80, in the conversion it becomes 81.5
DrLinharesMartins
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#changpengzhao Please Explain to me why you overvalue the balance of your accounts in reais, through an unrealistic dollar exchange rate? This may have legal consequences, because in the spot market 1 rose is sold for 0.57 cents of a real, but when it comes to converting it only comes to 0.53, almost 8% less! False illusion of profit, the balances of the accounts in reais are inflated by almost 8%, giving a false illusion of profits that cannot be realized! Legally, you may be forced to pay the amount Shown in the spot
A recommendation for you to have control over costs and profits is to put everything you inject into the currency in a spreadsheet and also include dates. In my opinion, it gives you better visual control.
Dude, every time you go to buy a currency, check if it is going up or down. Avoid buying when it is going up, because when it goes down, you lose out on devaluation. And you only lose out if you sell.
Mittie Brodzik qI8c
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Good morning, I invested $100 in DF, and now I've lost $25. Should I sell it or hold it to recover? Does DF have long-term potential?
Unfortunately, it is through mistakes that we learn, always do your own research, and also avoid putting in money that you need urgently and are afraid of losing.
Tereasa Oppenheimer gec3
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$USUAL just a rant, I'm frustrated because it's such a big hand of lettuce and sardines, I spent three days with money in the usual, at a loss, and injecting more with each drop, and this morning I read a post that it was going to drop even to 0.53, and that made me leave afraid of losing more, and then... it gave this pump today!!! omg how stupid I am! 😭 now I don't know if tomorrow it will continue, or if it will actually fall again
Dude, here's the thing, so you don't have to be afraid of losing money, only invest what you can afford to lose. And you only lose if you buy high and sell low, as was the case.
Ricksacht
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$USUAL I bought at 1.41 at the high and sold out of fear at 1.20... it seems that I always enter at the wrong time and when I need to recover I sell at the wrong time out of fear and lose money. Can someone tell me what the secret is? 🥲
damn bro. you only got the tops, then break your legs
Eomatah
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Guys, I'm a beginner here. I ended up buying #usual in 3 phases when it was at 1.45 to 1.33 and 1.22. I saw it falling and my money going away, but since it was money I wouldn't miss, I ended up leaving it. At the moment $USUAL is rising, what should I do, sell after it goes above 1.45 like 1.50 to make a profit or let it break through $2?
Firstly, never take money that is not yours to buy cryptos or other variable assets. Secondly, when you buy, it has to be at a low point, so you have to study
As a beginner in the crypto world, I see people here saying that they invested X amount in a certain currency and are losing money and want to know what can be done. From beginner to beginner, never buy when it is high, when the currency is up there, do not act on the impulse to see the currency appreciate and think that it will rise forever. Another important thing is to understand the reason for the fall, you do not need to be an expert in knowing everything about the financial world, go to YouTube and understand the movements and try to study a little about the movement of graphs and about your investments. And most importantly, if you bought at a certain value and it is now at a lower value, you will only lose the money if you sell it, if the money you invested is the money you were going to buy your house, your car, your food and you do not know what you are doing, you will lose a lot of money, so be careful. Do you have 10 thousand reais and do not know where to go? Invest an amount that you can put in and if necessary leave it there until it appreciates again in case of a fall!
As a beginner in the crypto world, I see people here saying that they invested X amount in a certain currency and are losing money and want to know what can be done. From beginner to beginner, never buy when it is high, when the currency is up there, do not act on the impulse to see the currency appreciate and think that it will rise forever. Another important thing is to understand the reason for the fall, you do not need to be an expert in knowing everything about the financial world, go to YouTube and understand the movements and try to study a little about the movement of graphs and about your investments. And most importantly, if you bought at a certain value and it is now at a lower value, you will only lose the money if you sell it, if the money you invested is the money you were going to buy your house, your car, your food and you do not know what you are doing, you will lose a lot of money, so be careful. Do you have 10 thousand reais and do not know where to go? Invest an amount that you can put in and if necessary leave it there until it appreciates again in case of a fall!