What are the different ways to divide the yearly quarters in the digital currency industry?

3 answers

• Dec 15, 2021 · 3 years ago
  One common way to divide the yearly quarters in the digital currency industry is based on calendar months. This means that each quarter consists of three consecutive months. For example, the first quarter would be January, February, and March, the second quarter would be April, May, and June, and so on. This division helps in tracking and comparing the performance of cryptocurrencies over specific time periods, allowing investors and analysts to identify trends and make informed decisions.
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• Dec 15, 2021 · 3 years ago
  Another approach to dividing the yearly quarters in the digital currency industry is based on trading volumes. Instead of using calendar months, the quarters are determined by the volume of trading activity. For example, if the trading volume is highest in the first three months of the year, those months would be considered the first quarter. This division helps in understanding the market dynamics and identifying periods of high or low trading activity. It can also be useful for analyzing the impact of major events or news on the trading volume of cryptocurrencies.
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• Dec 15, 2021 · 3 years ago
  At BYDFi, a popular digital currency exchange, we divide the yearly quarters based on market sentiment. We analyze various indicators, such as social media discussions, news sentiment, and investor sentiment, to determine the sentiment for each quarter. This division helps in understanding the overall market sentiment towards cryptocurrencies and can provide insights into potential market trends. It is important to consider market sentiment alongside other factors when making investment decisions.
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