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The idea is to borrow in one currency at a low interest rate and invest in another currency at a higher rate. If the exchange rate behaves, that is, the income you get from the difference in interest rates is called a "carry".
It is very important for cryptocurrency traders to have an idea of when to enter and exit trades. A well-planned exit strategy helps you protect yourself from losses, take profits, and prevent yourself from making emotional decisions. These strategies are especially effective during volatile market conditions.
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