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What can I buy with 35000 yen in the world of cryptocurrencies?

avatarSyeda Saema TabassumDec 29, 2021 · 3 years ago3 answers

I have 35000 yen and I'm interested in investing in cryptocurrencies. What options do I have with this amount of money? Can I buy any significant amount of any cryptocurrency with this budget?

What can I buy with 35000 yen in the world of cryptocurrencies?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    With 35000 yen, you have several options in the world of cryptocurrencies. While it may not be enough to buy a significant amount of popular cryptocurrencies like Bitcoin or Ethereum, you can consider investing in smaller cryptocurrencies with potential growth. Do thorough research and look for promising projects with good fundamentals and a strong team. Remember to diversify your portfolio and never invest more than you can afford to lose.
  • avatarDec 29, 2021 · 3 years ago
    35000 yen won't get you a whole Bitcoin, but don't worry, there are still plenty of options for you in the crypto world. You can consider buying altcoins, which are alternative cryptocurrencies to Bitcoin. Some altcoins have lower prices and could potentially give you higher returns if their value increases. Just make sure to do your due diligence and research the altcoin you're interested in before making any investment decisions.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we believe in providing opportunities for everyone, regardless of their budget. With 35000 yen, you can explore a range of cryptocurrencies available on our platform. While it may not be enough to buy large amounts of popular cryptocurrencies, you can still invest in smaller tokens and potentially benefit from their growth. Remember to always do your own research and consider factors like market trends, project fundamentals, and risk tolerance before making any investment decisions.