In previous articles, we have told you in detail about the phenomenon of “correlation”. Today we will give you several examples related to the correlation between cryptocurrencies, which could be observed in 2018 and 2019.
The inflow of capital to the cryptocurrency market occurs when investors want to ignore all kinds of risks. Otherwise, there is a decline in the market. For many people, this seems like something unrealistic, but the way it really is. This dependence is poorly expressed, but it exists and provides some food for thought when forecasting interest in cryptos.
When Bitcoin was created 11 years ago, it was believed that its main advantage as a new class of assets would be the lack of correlation with other classes of assets. But a decade has passed, and we can say for sure whether this is actually so or not.
Correlation is a market situation in which one asset repeats the movement of another asset. The dominant position now is Bitcoin. Coins such as Ethereum, Litecoin, Ripple and others are subject to fluctuations when the value of “digital gold” changes.
Yes, if you want to make good money. Your crypto portfolio must contain at least several different cryptocurrencies. Your income will be largely determined by the proportion of coins in your portfolio.
A cryptocurrency portfolio is a collection of all available digital assets of an investor, collected to achieve a specific goal. In most cases, we are talking about earning on the growth of cryptocurrencies in price.
The idea of digital currencies has long penetrated the masses. Some people have already made a fortune on cryptocurrencies. Successful crypto-investors adhere to certain cryptocurrency investment strategy, strategies that help them to receive substantial dividends. But what should beginners do? In this article we will try to figure it out.
BTC trading at 9506$ , since last week Bitcoin trading near 50 SMA, this indicated of a Bear Market. Volatility is going down and if we don’t see byuers, we can see test of the level 8900 – 9100
So in cryptocurrency investment strategies we analyzed a sample of portfolios from the beginning of 2019, 5000 cryptocurrency portfolios were analyzed.
Hi Holder! Let’s start out Cryptocurrency Analysis we want to find best cryptocurrency portfolio in June 2019, and compare results with new one.