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LoseroftheDay
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Muhammad_Shehbaz
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📊 Top 11 Profitable Cryptocurrencies for Today (Sunday 10/20/2024) 🔥🔥 1. APE 🔝 +66.80% 🔥 $APE Performance: APE has made huge gains with an increase of over 66%. The coin is enjoying strong support which has made it the top gainer today. 🔥 2. API3 🔝 +28.82% 🔥 $API3 Performance: API3 is up over 28%. Focus on decentralized API solutions has attracted investor interest. 🔥 3. DIA 🔝 +23.91% 🔥

📊 Top 11 Profitable Cryptocurrencies for Today (Sunday 10/20/2024) 🔥

🔥 1. APE 🔝 +66.80% 🔥
$APE
Performance: APE has made huge gains with an increase of over 66%. The coin is enjoying strong support which has made it the top gainer today.
🔥 2. API3 🔝 +28.82% 🔥
$API3
Performance: API3 is up over 28%. Focus on decentralized API solutions has attracted investor interest.
🔥 3. DIA 🔝 +23.91% 🔥
🚨 $RARE /USDT Update 🚨 Currently priced at $0.1350, $RARE is down 11.36% over the last 24 hours. The coin reached a 24h high of $0.1531 and dipped to a 24h low of $0.1291. With significant volume at 170.17M RARE and 23.94M USDT, there's been a lot of action around this coin, but the trend remains bearish for now. Resistance stands at $0.1531, while support is at $0.1291. A careful watch on the next moves is crucial—will it bounce back from this low? #RARE #Crypto #Trading #LoseroftheDay
🚨 $RARE /USDT Update 🚨

Currently priced at $0.1350, $RARE is down 11.36% over the last 24 hours. The coin reached a 24h high of $0.1531 and dipped to a 24h low of $0.1291. With significant volume at 170.17M RARE and 23.94M USDT, there's been a lot of action around this coin, but the trend remains bearish for now.

Resistance stands at $0.1531, while support is at $0.1291. A careful watch on the next moves is crucial—will it bounce back from this low?

#RARE #Crypto #Trading #LoseroftheDay
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Lessons for Beginners: Losing in CryptocurrenciesIf the cryptocurrency falls below the price you bought it at but you do not sell it, the loss remains theoretical or unrealized. This means that you have not actually lost money yet, because you did not sell the currency at a lower price than you bought it. A loss actually occurs only when you sell the cryptocurrency at a price lower than the purchase price. As long as you still hold it, you have a chance that the price will rise again in the future, and you can make a profit if the price rises above the purchase price.

Lessons for Beginners: Losing in Cryptocurrencies

If the cryptocurrency falls below the price you bought it at but you do not sell it, the loss remains theoretical or unrealized. This means that you have not actually lost money yet, because you did not sell the currency at a lower price than you bought it.
A loss actually occurs only when you sell the cryptocurrency at a price lower than the purchase price. As long as you still hold it, you have a chance that the price will rise again in the future, and you can make a profit if the price rises above the purchase price.
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