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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.
What else can I help you with?
Is mercury used to make money currency?
yes
In forex how do you make money in a downtrend?
Before currency drop, you place a "SHORT" position. After the currency drop, you will make profit.
Which of the following explains what happens when currency traders buy on?
They borrow money from their broker in order to make a larger currency purchase
Why is it possible to make money in the currency exchange market?
Exchange rates are always fluctuating.
What is enconmy?
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.
How can one make money with currency exchange?
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.
How can one make money on currency exchange?
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.
Is mercury used to make money currency?
yes
In forex how do you make money in a downtrend?
Before currency drop, you place a "SHORT" position. After the currency drop, you will make profit.
How would one learn to make sense of Chinese money?
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.
How can I make money with currency exchange?
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.
What happens when Currency traders buy on margin?
When currency traders buy on margin they borrow money from their broker. They do this in order to make a larger currency purchase.
What is the meaning of 'currency' when referring to money?
Currency is money
How can I make money from a money leaf?
You cannot make money from a money leaf as it is not a real form of currency. It is important to be cautious of scams or false promises related to money-making opportunities.
Currency traders buy on margin so they can do which of the following?
Make large currency trades using small amounts of money.
Leverage enables currency traders to which of the following?
Make large currency trades using small amounts of money APEX:)
Which of the following explains what happens when currency traders buy on?
They borrow money from their broker in order to make a larger currency purchase
