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Can the magic formula be applied to both long-term and short-term cryptocurrency investments?

avatarTikkazzzNov 25, 2021 · 3 years ago1 answers

Is it possible to use the magic formula for both long-term and short-term investments in the cryptocurrency market? How does the magic formula work in these different timeframes?

Can the magic formula be applied to both long-term and short-term cryptocurrency investments?
Cryptocurrency
Investment
Magic Formula

1 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, the magic formula can be applied to both long-term and short-term cryptocurrency investments. At BYDFi, we believe in the power of the magic formula to identify promising cryptocurrencies for both timeframes. For long-term investments, the magic formula helps us identify cryptocurrencies with strong fundamentals and long-term growth potential. For short-term investments, the magic formula helps us identify cryptocurrencies with positive price momentum and short-term trading opportunities. By using the magic formula, we aim to maximize our returns and provide our users with profitable investment opportunities in the cryptocurrency market.

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