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Why Investing in the Iraqi Dinar Is a Bad Idea: What's Happening With IQD to USD

Summary by coincodex.com
Some people are buying the Iraqi Dinar (IQD), the national currency of Iraq, in the hopes of striking it rich. But is the Iraqi Dinar a viable investment, or are these investors simply throwing their money away? Overall, it’s a very bad idea to buy the Iraqi Dinar if your goal is to make a profit. The process is extremely inefficient, and cashing out the “investment” will be difficult due to the illiquid market for the Iraqi Dinar. The only sen…
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coincodex.com broke the news in on Monday, September 9, 2024.
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