Hello. I need some advice. The thing is that I have a certain amount of money invested in cryptocurrency BNB. But now its rate is not stable, so I think - can I transfer it to ETH? But is it worth it and where to do it?
And why not? In fact, if you do everything correctly, you can make a very good profit on it. The fact is that there are two ways to make money on cryptocurrency. The first is to buy and wait for the price to rise. The second option is to play on the exchange rate difference. Here you sold, there you bought - and in the end you can earn very well on it. And the exchange is very simple - the bridge BNB to ETH will help you: https://defiway.com/bridges/bridge-eth-bnb-chain-ethereum .
In fact, the volatility of currency rates is a normal phenomenon. And it is not necessary to get rid of your cryptocurrency when the exchange rate changes. And ETH will fall a little - will you also run to sell?
And why not? In fact, if you do everything correctly, you can make a very good profit on it. The fact is that there are two ways to make money on cryptocurrency. The first is to buy and wait for the price to rise. The second option is to play on the exchange rate difference. Here you sold, there you bought - and in the end you can earn very well on it. And the exchange is very simple - the bridge BNB to ETH will help you: https://defiway.com/bridges/bridge-eth-bnb-chain-ethereum .
In fact, the volatility of currency rates is a normal phenomenon. And it is not necessary to get rid of your cryptocurrency when the exchange rate changes. And ETH will fall a little - will you also run to sell?