Stefano
Mon Aug 19 2024
|
5 answers
1424
What is a pip value for dummies?
Could you please explain in simple terms what exactly is a pip value, and why it's important for someone who's new to the world of cryptocurrency and finance? I'm having a bit of trouble wrapping my head around the concept and would appreciate it if you could break it down for me.
CryptoPioneerGuard
Sun Aug 18 2024
|
6 answers
1743
What does 20 pips look like?
I'm curious, could you elaborate on what exactly 20 pips represent in the world of cryptocurrency and finance? For those who might not be familiar with the term, how does it visually manifest or how can we conceptualize its significance within the market? What implications does a movement of 20 pips have for traders and investors?
Silvia
Sun Aug 18 2024
|
5 answers
1001
Is 1 pip 1 cent?
Excuse me, I'm a bit confused about the relationship between pips and cents in the world of finance and cryptocurrency trading. Could you clarify if 1 pip truly equates to 1 cent? I understand that pips are often used to measure changes in the value of currency pairs, but I'm unsure if this direct conversion holds true across all trading platforms and asset classes. Could you provide some insight into this matter? Thank you in advance for your help.
