Cryptocurrency Q&A What does 3 cents on the dollar mean?

What does 3 cents on the dollar mean?

Arianna Arianna Wed Nov 06 2024 | 5 answers 844
I'm trying to understand the phrase '3 cents on the dollar'. I want to know what it signifies or represents, especially in a financial or everyday context. What does 3 cents on the dollar mean?

5 answers

Michele Michele Fri Nov 08 2024
The phrase "Pennies on the dollar" is frequently encountered in discussions related to finance.

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henry_rose_scientist henry_rose_scientist Fri Nov 08 2024
This term is employed to illustrate a scenario where an individual acquires an item at a fraction of its original cost.

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Maria Maria Fri Nov 08 2024
It conveys the idea of obtaining a bargain, where the price paid is much lower than the item's worth or the price it was initially offered for.

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GalaxyWhisper GalaxyWhisper Thu Nov 07 2024
In the world of investments and trading, "Pennies on the dollar" can signify a profitable opportunity, where assets are acquired cheaply and have the potential for significant appreciation.

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Andrea Andrea Thu Nov 07 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. These include spot trading, futures trading, and a wallet service, among others.

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