There are a number of ways to make money if you know (or believe) a currency is going to depreciate significantly. One is to borrow a large sum of money in the currency before it depreciates (or collapses) and then sell it to anyone who will buy it at today's price. Once the currency collapses it will be cheap to buy it back and pay off your loan. This would be "short-selling" (or simply "shorting") the currency -- selling what you don't actually own.
If you are capable of collapsing a currency, then it would similarly be possible to make money off of your skills. However, intentionally manipulating a financial currency implicates a number of ethical and legal issues; you might be better off in a more traditional career.
yes
Before currency drop, you place a "SHORT" position. After the currency drop, you will make profit.
They borrow money from their broker in order to make a larger currency purchase
Exchange rates are always fluctuating.
Do you Mean Economy? if you do Economy is Like the Currency that a country of such has and the way they make there money.
One can make money with currency exchange by buying a currency when its value is low and selling it when its value is high. This involves predicting currency fluctuations and taking advantage of the differences in exchange rates to make a profit.
One can make money on currency exchange by buying a currency when its value is low and selling it when its value is high. This involves predicting and taking advantage of fluctuations in exchange rates to make a profit.
yes
Before currency drop, you place a "SHORT" position. After the currency drop, you will make profit.
One would learn to make sense of Chinese money by learning from the world-wide currency chart in order to be able to convert his/her currency to Chinese currency.
You can make money with currency exchange by buying a currency when its value is low and selling it when its value is high. This is known as trading currencies, and it involves monitoring exchange rates and market trends to make profitable decisions. Keep in mind that currency trading can be risky and requires knowledge and experience to be successful.
When currency traders buy on margin they borrow money from their broker. They do this in order to make a larger currency purchase.
Currency is money
Make large currency trades using small amounts of money.
Make large currency trades using small amounts of money APEX:)
They borrow money from their broker in order to make a larger currency purchase
Currency: Cash, banknotes, legal tender Money: Currency, cash, funds