How does a -7 spread affect the profitability of cryptocurrency investments?

3 answers

• Alam hussainNov 19, 2022 · 3 years ago
  A -7 spread can have a significant impact on the profitability of cryptocurrency investments. When the spread is negative, it means that the sell price is lower than the buy price. This means that investors will need to sell their cryptocurrency at a lower price than what they bought it for, resulting in a loss. The larger the negative spread, the greater the loss. It is important for investors to carefully consider the spread before making investment decisions.
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• TinasheJun 08, 2022 · 3 years ago
  A -7 spread can eat into the profitability of cryptocurrency investments. The spread represents the difference between the buy and sell prices, and when it is negative, it means that the sell price is lower than the buy price. This means that investors will need to sell their cryptocurrency at a lower price, resulting in a loss. It's like buying a product at a higher price and selling it at a lower price. The larger the negative spread, the greater the loss. It's important to consider the spread and try to minimize it to maximize profitability.
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• Bishwo KcNov 13, 2022 · 3 years ago
  A -7 spread can significantly impact the profitability of cryptocurrency investments. When the spread is negative, it means that the sell price is lower than the buy price. This can make it difficult for investors to make a profit or even break even on their investments. However, it's important to note that the spread is just one factor to consider when evaluating the profitability of cryptocurrency investments. Other factors such as market volatility, trading fees, and overall market conditions also play a role. It's important to do thorough research and analysis before making investment decisions.
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