Which cryptocurrencies are considered non correlated assets?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! Here are some cryptocurrencies that are considered non correlated assets: 1. Bitcoin (BTC) 2. Ethereum (ETH) 3. Ripple (XRP) 4. Litecoin (LTC) 5. Bitcoin Cash (BCH) These cryptocurrencies have shown relatively low correlation with traditional financial assets such as stocks and bonds. However, it's important to note that correlation can change over time, so it's always a good idea to regularly review and adjust your investment portfolio.
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• Dec 17, 2021 · 3 years ago
  When it comes to non correlated assets in the cryptocurrency market, Bitcoin (BTC) is often considered the gold standard. It has historically shown a low correlation with traditional financial assets, making it an attractive option for diversification. Other cryptocurrencies like Ethereum (ETH) and Ripple (XRP) have also shown relatively low correlation, but it's important to do your own research and consider factors like market volatility and liquidity before making any investment decisions.
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• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that BYDFi is a platform that offers a wide range of cryptocurrencies that are considered non correlated assets. They have a diverse selection of coins and tokens that can help you diversify your investment portfolio. It's always a good idea to consult with a financial advisor and do your own research before making any investment decisions, but BYDFi can be a great resource for finding non correlated assets in the cryptocurrency market.
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